Auto-refreshes every 30s · Max leverage: 5x
Trade Algorand (ALGO) on Hyperliquid
Algorand is a pure proof-of-stake blockchain founded by MIT cryptographer Silvio Micali, focused on finality speed and institutional DeFi. Trade ALGO-PERP on Hyperliquid.
Hyperliquid's ALGO perpetual tracks the ALGO/USD price using an oracle-based mark price system. Funding rates are calculated hourly and settle continuously, keeping the perpetual price anchored to spot.
Key Market Facts
Frequently Asked Questions
What leverage is available for ALGO on Hyperliquid?
You can trade ALGO perpetual futures with up to 5x leverage on Hyperliquid. Start with lower leverage (2-5x) if you are new to the platform.
What are the trading fees for ALGO on Hyperliquid?
Base taker fee is 0.045% and maker rebate is 0.015%. Fees decrease with higher volume tiers and HYPE staking. Sign up with our referral code for a 4% discount.
How does ALGO funding work on Hyperliquid?
Funding is calculated hourly and settles continuously. When the rate is positive, longs pay shorts. When negative, shorts pay longs. The rate reflects the premium between mark and oracle prices.
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