Megacap Tech Stock Perpetuals
Trade Apple, Microsoft, Alphabet, Amazon, and Meta with 24/7 perpetuals.
The megacap tech names dominate U.S. equity index weights and lead the market in both directions. Hyperliquid offers perpetual contracts on each of them, giving you 24/7 access to position around earnings, product launches, and macro moves.
All megacap perpetuals on Hyperliquid
| Deployer | |||||||
|---|---|---|---|---|---|---|---|
 Alphabet Inc GOOGL· Media | xyz | $340.39 | +0.55% | $3.3M | -0.0021% | 20x | Trade |
 Microsoft Corp MSFT· Technology | xyz | $374.84 | +0.75% | $3.2M | -0.0009% | 20x | Trade |
 Apple Inc AAPL· Technology | xyz | $280.27 | -0.66% | $2.5M | -0.0084% | 20x | Trade |
 Amazon.com Inc AMZN· Retail | xyz | $232.96 | +0.32% | $1.4M | -0.0032% | 20x | Trade |
 Meta Platforms Inc META· Media | xyz | $553.3 | +0.49% | $1.3M | -0.0014% | 20x | Trade |
Alphabet Inc GOOGL· Media | cash | $340.65 | +0.39% | $472k | +0.0000% | 20x | Trade |
Amazon.com Inc AMZN· Retail | cash | $234.06 | +0.48% | $432k | -0.0000% | 20x | Trade |
Meta Platforms Inc META· Media | cash | $554.1 | +0.42% | $164k | -0.0000% | 20x | Trade |
Microsoft Corp MSFT· Technology | cash | $375.55 | +0.64% | $111k | -0.0000% | 20x | Trade |
How megacap perpetuals work
When you open a perpetual position you don't take delivery of the underlying asset. You're posting margin against a contract whose price tracks the underlying. Profits and losses are settled in USDC on Hyperliquid as the price moves.
Hyperliquid runs a fully on-chain order book with sub-second matching. Every trade, fill, and funding payment is verifiable on the Hyperliquid L1 chain. There are no off-chain matching engines, no withdrawal queues, and no custodian holding your funds.
Liquidiction routes orders through Hyperliquid as a builder code, which means you sign trades from your own wallet and Hyperliquid charges a small builder fee on close. Funding is paid hourly. Liquidations occur if your margin falls below the maintenance threshold.