Risk warning: leveraged derivatives on unregulated platforms — you can lose everything you deposit. Not investment advice.
NEAR perpetual on Hyperliquid
Live market data and verified contract mechanics for the NEAR perp — one of the markets on Hyperliquid's on-chain order book.
Loading live NEAR data from Hyperliquid…
Contract specs
| Contract type | Linear perpetual, no expiry — cash-settled, funding every hour |
| Collateral | USDC |
| Oracle | USDT-denominated oracle against USDC collateral (a quanto-style detail from Hyperliquid's contract specifications) |
| Max leverage | 10x (set per asset by the exchange; leverage is any integer from 1 up to this cap) |
| Size precision | 1 decimal places |
Specs from Hyperliquid's public API meta and official contract-specification docs. Build-time reference (2026-07-21): mark price 2.02, 24h volume $16.8M — the live strip above supersedes these on load.
How trading NEAR perps works here
Like every Hyperliquid perp, NEAR-USD trades on a fully on-chain central limit order book with no gas fee per trade — costs are the maker/taker fee (fee schedule) plus hourly peer-to-peer funding. Margin can be cross or isolated; maintenance margin is half the initial margin at this market's 10x cap — the full liquidation math is in our leverage & liquidation guide.
At 10x maximum leverage, initial margin for a NEAR position is 1/10 of notional at minimum — and the higher the leverage, the closer liquidation sits to entry. New to the instrument entirely? Read perpetuals explained first, and our Hyperliquid review for the venue itself, including the risks.
Other markets
Browse all Hyperliquid markets, or compare across the whole book with the live funding, open interest, and volume tools.
This page contains an affiliate link. See our methodology. Nothing here is investment advice.