Market guides
Guides for SpaceX, NVIDIA, gold, silver, S&P 500, Samsung (SMSN), SK Hynix, DRAM, and crude oil — covering what each Hyperliquid contract tracks, every alternative route to the same exposure, and what each route actually costs, including the cases where an ordinary fund or buying the asset outright is the better answer. Contract data is pulled live from the public Hyperliquid API.
These are the markets we thought were worth writing about. If you are looking for the raw list of everything that trades on the venue instead, that is every market on Hyperliquid, ranked by volume.
We receive a share of the fees you pay. You still pay less than you would signing up directly.
How these markets are chosen
We write a guide when an asset has a real structural barrier in front of it — not merely because it is popular. In practice that means one of three things:
- It is not listed anywhere. The DRAM index has no ETF and no futures contract on any exchange, and several pre-IPO names on the venue have no public listing at all.
- The contract is too large for a retail account. Agold future is around $462,000 of notional, silver around $330,000, the E-mini S&P around $400,000.
- Your broker cannot reach the venue.SK Hynix and Samsung are listed in Seoul, which most brokers outside Asia never connected to.
- You can buy it, but not when it matters.NVIDIA stops trading at 16:00 New York and reports after the close;SpaceX is listed now and still shut all weekend. Owning the shares does not help you when the news lands and the exchange is closed.
Owning the asset outright is usually the better answer, and we say so on the pages where it is. What we will not do is invent a barrier that is not there — if an asset is straightforwardly buyable and the hours genuinely do not matter for it, there is no guide here. See our editorial policy.
Every market listed below clears $1 million of daily volume. Below that, slippage exceeds every fee and discount on this site combined, which makes a guide actively misleading.
| Guide | Ticker | Mark | 24h volume | Max leverage |
|---|---|---|---|---|
| HYPE | HYPE | $91.855 | $423M | 10x |
| Nasdaq-100 | XYZ100 | $31,249 | $210M | 30x |
| Crude oil | CL | $89.681 | $208M | 20x |
| S&P 500 | SP500 | $7,825.9 | $203M | 50x |
| SK Hynix | SKHX | $1,301.7 | $199M | 10x |
| Silver | SILVER | $61.399 | $170M | 25x |
| SpaceX | SPCX | $170.06 | $163M | 20x |
| SanDisk | SNDK | $1,665.3 | $81M | 10x |
| Micron | MU | $1,046.5 | $57M | 10x |
| Gold | GOLD | $4,166.4 | $55M | 25x |
| NVIDIA | NVDA | $240.08 | $46M | 20x |
| DRAM index | DRAM | $59.796 | $40M | 20x |
| Samsung | SMSN | $201.06 | $27M | 10x |
| CXMT | CXMT | $8.336 | $2M | 10x |
What is not here
Hyperliquid lists over 300 markets. We only write a guide when the market clears a liquidity threshold — currently $1M of daily volume — because a guide to an illiquid contract sends people into a market where they cannot get filled at a fair price. Our editorial policy explains the rest of how we choose.
You should not have to take that on trust, so the rest of them are listed too: every market on Hyperliquid, ranked by volume, with live contract data and an explicit marker for the ones trading below the threshold.