TON
Toncoin
TON-PERP on Hyperliquid
$1.3523+2.45%

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

24h Volume
$1.26M
Open Interest
$7.70M
5,697,622.6 TON
Funding Rate (1h)
+0.0013%
Annualized: +10.95%
Mark vs Oracle
-0.0170%
Premium

Trade Toncoin (TON) on Hyperliquid

Toncoin is the native token of The Open Network, the blockchain integrated directly into Telegram's 900M+ user base. TON-PERP on Hyperliquid offers leveraged exposure to the largest social-to-crypto onramp.

Hyperliquid's TON perpetual tracks the TON/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

Contract TypePerpetual Future
Max Leverage10x
SettlementUSDC
Taker Fee0.045%
Maker Rebate0.015%
Funding IntervalHourly (continuous)
Market TypeNative (Validator Perp)

Frequently Asked Questions

What leverage is available for TON on Hyperliquid?

You can trade TON 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 TON 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 TON 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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