JP
Japanese Yen vs USD
JPY-PERP via trade.xyz · HIP-3 Forex
$157.51+0.33%

Auto-refreshes every 30s · Max leverage: 50x

24h Volume
$11.26M
Open Interest
$2.01M
12,783.18 JPY
Funding Rate (1h)
+0.0000%
Annualized: +0.00%
Mark vs Oracle
-0.0349%
Premium

Trade Japanese Yen vs USD (JPY) on Hyperliquid

USD/JPY is one of the most liquid forex pairs globally, heavily influenced by Bank of Japan monetary policy. Trade yen perpetual futures on Hyperliquid via trade.xyz.

JPY is available on Hyperliquid as a HIP-3 builder-deployed market via trade.xyz. HIP-3 markets extend Hyperliquid beyond crypto, bringing equities, commodities, and indices on-chain with 24/7 trading, no KYC, and perpetual futures mechanics.

Key Market Facts

Contract TypePerpetual Future (HIP-3)
Max Leverage50x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryForex

Frequently Asked Questions

How do I trade JPY on Hyperliquid?

JPY is available as a HIP-3 perpetual future on Hyperliquid, deployed via trade.xyz. You can trade it the same way as any other perp — deposit USDC, select the market, and open a position with up to 50x leverage.

What are the fees for JPY on Hyperliquid?

HIP-3 builder markets charge 0.09% taker fee and 0.03% maker fee. These are slightly higher than native perps because a portion goes to the builder (trade.xyz) who deployed the market.

Can I trade JPY 24/7 on Hyperliquid?

Yes. Unlike traditional forex markets that have set trading hours, JPY perpetual futures on Hyperliquid trade around the clock — 24 hours a day, 7 days a week, including weekends and holidays.

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