ToolsPerpetualsStock and Gold Perps Board
Which stock or gold trade can I use?
Compare contracts that follow stock, index, gold and oil prices.
Reading the markets.
What a builder market is
Hyperliquid lets a builder who locks up HYPE tokens list its own perps, pick the price feed and set the fees. trade.xyz did that for stocks, indices and commodities. By mid-2026 these markets held more open bets than Bitcoin on the exchange. Companies that have not gone public yet, such as Anthropic and OpenAI, trade the same way on the io builder.
A perp is a bet, not a share. No dividends, no votes, a funding fee every hour, and a price at which you get closed out. The price feed belongs to the builder, so that is one more thing that can go wrong. Most of the trading sits in a handful of names. When the stock market is closed the perp keeps trading, so weekend prices are the market's guess at where the share will reopen.
Want the share itself onchain? The Tokenized Stock Checker compares every wrapper. Sizing a position here? The Trade Plan Checker and the Squeeze Map cover the tracked names.
Covers every builder venue with live open bets; empty ones are left out. US market hours ignore holidays. Descriptive only, not advice: the numbers describe where borrowed money sits, never what to do about it.
How this tool works
How to read this
- 01
Pick a market and type your side, size and leverage. The page shows the daily funding cost, your distance to liquidation, and what is riding on the gap to the last exchange print.
- 02
Each row is a stock, index or commodity you can trade as a perp on Hyperliquid, day and night.
- 03
Open bets is the money in the market. Funding says which side pays to stay in.
- 04
When the real stock market is closed, the perp keeps trading, so the price can drift from the last real close.
Live from Hyperliquid's builder venues, refreshed every two minutes while the page is open. Educational only.
How the calculation works
- 01Premium = mark divided by oracle, minus 1. Funding yearly = hourly rate times 24 times 365.
- 02Open interest and volume are the venue's own figures in dollars.
Data sources and update times
- Hyperliquid builder venues
- Stock, index and gold perps on xyz and other builder dexes, with radar tags
- Cached 2 minutes, reloads every 2 minutes while open