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 | $172.67 | -0.15% | $94M | -0.0003% | 10x | Trade |
 Oracle Corp ORCL· Technology | xyz | $146.39 | -2.96% | $8.0M | +0.0006% | 10x | Trade |
 Netflix Inc NFLX· Media | xyz | $75.03 | -2.00% | $2.2M | +0.0017% | 10x | Trade |
 ServiceNow Inc NOW· Technology | xyz | $126.81 | +0.29% | $325k | +0.0047% | 10x | Trade |
 Zoom Communications Inc ZM· Technology | xyz | $105.59 | -2.28% | $187k | -0.0002% | 10x | Trade |
 Cloudflare Inc NET· Technology | para | $308.58 | -0.17% | $27k | -0.0087% | 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.