Auto-refreshes every 30s · Max leverage: 10x
Trade Maker (Sky) (MKR) on Hyperliquid
MakerDAO (now Sky) governs DAI, the largest decentralized stablecoin. MKR holders control risk parameters for billions in collateralized debt. Trade MKR-PERP on Hyperliquid.
Hyperliquid's MKR perpetual tracks the MKR/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 MKR on Hyperliquid?
You can trade MKR perpetual futures with up to 10x leverage on Hyperliquid. Start with lower leverage (2-5x) if you are new to the platform.
What are the trading fees for MKR 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 MKR 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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