TSM

Taiwan Semiconductor (TSM) Perpetuals on Hyperliquid

TSM-PERP via trade.xyz · HIP-3 Equity · Live Price, Funding Rate & Trading
$401.63-1.18%

Auto-refreshes every 30s · Max leverage: 10x

24h Volume
$4.32M
Open Interest
$8.85M
22,041.114 TSM
Funding Rate (1h)
+0.0025%
Annualized: +21.89%
Mark vs Oracle
+0.0768%
Premium

Quick Summary — What is TSM on Hyperliquid?

TSM (Taiwan Semiconductor) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a equity perpetual — not a token — and tracks the Taiwan Semiconductor 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 10x leverage. As of May 2026, TSM perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional equity 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 Taiwan Semiconductor (TSM) on Hyperliquid

TSMC is the world's largest semiconductor foundry, manufacturing chips for Apple, NVIDIA, and AMD. Trade TSM perpetual futures on Hyperliquid via trade.xyz.

TSM 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 10x 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 TSM on Hyperliquid?

Hyperliquid offers distinct advantages for equity 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 equity 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 Leverage10x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryEquity

Frequently Asked Questions

How do I trade TSM on Hyperliquid?

TSM 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 10x leverage.

What are the fees for TSM 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 TSM 24/7 on Hyperliquid?

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

Ready to Start Trading?

Join Hyperliquid with our referral link and get a 4% lifetime fee discount. No KYC, no email - just connect your wallet and trade.

Start Trading - Save 4%