JP225

Nikkei 225 Index (JP225) Perpetuals on Hyperliquid

JP225-PERP via trade.xyz · HIP-3 Index · Live Price, Funding Rate & Trading
$62,775.00+0.52%

Auto-refreshes every 30s · Max leverage: 20x

24h Volume
$231.0K
Open Interest
$983.0K
15.659 JP225
Funding Rate (1h)
+0.0006%
Annualized: +5.48%
Mark vs Oracle
-0.0126%
Premium

Quick Summary — What is JP225 on Hyperliquid?

JP225 (Nikkei 225 Index) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a index perpetual — not a token — and tracks the Nikkei 225 Index price feed with continuous hourly funding settlements. There is no expiry date and no physical delivery: positions roll forever. All margin is denominated in USDC, and you can open positions with up to 20x leverage. As of May 2026, JP225 perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional index markets are closed), no KYC requirement, full self-custody via your own wallet, and zero gas fees on every order. Base fees are 0.09% taker and 0.03% maker — slightly higher than native Hyperliquid perps because a portion routes to trade.xyz as the HIP-3 builder.

How to Trade Nikkei 225 Index (JP225) on Hyperliquid

The Nikkei 225 is Japan's premier stock market index. Trade JP225 perpetual futures on Hyperliquid via trade.xyz for 24/7 Japanese equity exposure.

JP225 is a cash-settled perpetual futures contract on Hyperliquid, deployed via trade.xyz as a HIP-3 builder market. Unlike traditional futures, there is no expiry date and no physical delivery — positions roll continuously with funding rates settling every hour. All margin is denominated in USDC, and you can trade with up to 20x leverage.

HIP-3 markets extend Hyperliquid beyond crypto, bringing equities, commodities, and indices on-chain with 24/7 trading, no KYC, and the same on-chain order book infrastructure that powers Hyperliquid's native perpetuals.

Why Trade JP225 on Hyperliquid?

Hyperliquid offers distinct advantages for index traders: gasless execution means zero transaction costs beyond the maker/taker spread, no KYC or identity verification is required to open an account, and trading is available 24/7 including weekends and holidays when traditional index markets are closed. Self-custody ensures you retain full control of your funds at all times.

Key Market Facts

Contract TypePerpetual Future (HIP-3)
Max Leverage20x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryIndex

Frequently Asked Questions

How do I trade JP225 on Hyperliquid?

JP225 is available as a HIP-3 perpetual future on Hyperliquid, deployed via trade.xyz. You can trade it the same way as any other perp - deposit USDC, select the market, and open a position with up to 20x leverage.

What are the fees for JP225 on Hyperliquid?

HIP-3 builder markets charge 0.09% taker fee and 0.03% maker fee. These are slightly higher than native perps because a portion goes to the builder (trade.xyz) who deployed the market.

Can I trade JP225 24/7 on Hyperliquid?

Yes. Unlike traditional index markets that have set trading hours, JP225 perpetual futures on Hyperliquid trade around the clock - 24 hours a day, 7 days a week, including weekends and holidays.

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