Software Stock Perpetuals
Trade enterprise SaaS, cloud, and dev-platform stocks 24/7.
Software stocks on Hyperliquid cover the major SaaS, cloud, and dev-tools names. These companies are highly correlated with rate moves and tend to gap on quarterly earnings; the 24/7 perpetual market lets you adjust your exposure the moment a print drops, not at the next open.
All software perpetuals on Hyperliquid
| Deployer | |||||||
|---|---|---|---|---|---|---|---|
 Palantir Technologies Inc PLTR· Technology | xyz | $197.09 | -5.43% | $15M | +0.0006% | 10x | Trade |
 Oracle Corp ORCL· Technology | xyz | $128.72 | -10.44% | $9.7M | +0.0006% | 10x | Trade |
 Netflix Inc NFLX· Media | xyz | $70.4 | +0.05% | $1.6M | +0.0025% | 10x | Trade |
 ServiceNow Inc NOW· Technology | xyz | $138.54 | -0.27% | $798k | +0.0006% | 10x | Trade |
 Cloudflare Inc NET· Technology | xyz | $319.71 | -8.84% | $654k | -0.0026% | 10x | Trade |
Cloudflare Inc NET· Technology | para | $325.5 | -7.81% | $194k | +0.1107% | 10x | Trade |
 Zoom Communications Inc ZM· Technology | xyz | $93.77 | -4.59% | $72k | +0.0040% | 10x | Trade |
How software 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.