Tradr 2X Long SNDK Daily ETF (SNXX) Price on Hyperliquid
Auto-refreshes every 30s · Max leverage: 10x
Source: live price, 24h volume, open interest, and funding-rate data from the official Hyperliquid API (trade.xyz HIP-3 oracle feed), refreshed every 30 seconds.
Quick Summary — What is SNXX on Hyperliquid?
SNXX (Tradr 2X Long SNDK Daily ETF) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a equity perpetual — not a token — and tracks the Tradr 2X Long SNDK Daily ETF price feed with continuous hourly funding settlements. There is no expiry date and no physical delivery: positions roll forever. All margin is denominated in USDC, and you can open positions with up to 10x leverage. As of May 2026, SNXX perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional equity markets are closed), no KYC requirement, full self-custody via your own wallet, and zero gas fees on every order. Base fees are 0.09% taker and 0.03% maker (per Hyperliquid's HIP-3 builder-market fee schedule) — slightly higher than native Hyperliquid perps because a portion routes to trade.xyz as the HIP-3 builder. Live price, funding, and 24h volume on this page are pulled from the Hyperliquid API.
SNXX on Hyperliquid at a Glance
| Underlying | Tradr 2X Long SNDK Daily ETF (Equity) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 10x |
| Maker fee | 0.03% |
| Taker fee | 0.09% |
| Funding interval | Hourly |
| Margin & settlement | USDC — cash-settled, no expiry |
| Trading hours | 24/7, including weekends & holidays |
Specs describe the contract. For how closely this perp tracks the underlying in practice, see the 30-day basis and tracking-error study covering every trade.xyz market.
Live SNXX candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Tradr 2X Long SNDK Daily ETF (SNXX) on Hyperliquid
SNXX is the Tradr 2X Long SNDK Daily ETF, a fund that aims for twice the daily move in Sandisk stock. Trade SNXX perpetual futures on Hyperliquid via trade.xyz.
SNXX is a cash-settled perpetual futures contract on Hyperliquid, deployed via trade.xyz as a HIP-3 builder market. Unlike traditional futures, there is no expiry date and no physical delivery — positions roll continuously with funding rates settling every hour. All margin is denominated in USDC, and you can trade with up to 10x leverage.
HIP-3 markets extend Hyperliquid beyond crypto, bringing equities, commodities, and indices on-chain with 24/7 trading, no KYC, and the same on-chain order book infrastructure that powers Hyperliquid's native perpetuals.
Why Trade SNXX on Hyperliquid?
Hyperliquid offers distinct advantages for equity traders: gasless execution means zero transaction costs beyond the maker/taker spread, no KYC or identity verification is required to open an account, and trading is available 24/7 including weekends and holidays when traditional equity markets are closed. Self-custody ensures you retain full control of your funds at all times.
SNXX Contract Notes & Catalysts to Watch
SNXX-PERP tracks the Tradr 2X Long SNDK Daily ETF (Cboe BZX: SNXX) through the trade.xyz oracle with hourly funding. The fund targets 200% of Sandisk's daily performance, and only daily. It resets its exposure every session and says plainly that it does not aim for that multiple over longer periods. Over several days the compounding of those resets pulls the fund away from twice Sandisk's return, and in a choppy market the drift works against a holder even when Sandisk ends flat. Add perp leverage on top and you are holding a multiple of a multiple, so a modest leverage setting already gives a large effective exposure to Sandisk's daily move. For most directional views on NAND pricing the plain SNDK perp on this venue is the cleaner instrument. SNXX is for short-horizon traders who want the leveraged-ETF behavior itself, and SNDK against SNXX is the pair that isolates the reset effect. The catalysts are Sandisk's: NAND contract pricing, datacenter storage demand and quarterly results.
Related markets: Sandisk (SNDK) perp.
Key Market Facts
Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule.
Frequently Asked Questions
How do I trade SNXX on Hyperliquid?
SNXX 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 10x leverage.
What are the fees for SNXX on Hyperliquid?
0.09% taker and 0.03% maker, per Hyperliquid's published HIP-3 builder-market fee schedule. Those are the figures a deployer fee scale of 1.0 produces, which is what trade.xyz runs; the scale is set per asset and the live value sits in the Hyperliquid API's meta response. They are higher than native perps because half the fee goes to the builder (trade.xyz) that deployed the market.
Can I trade SNXX 24/7 on Hyperliquid?
Yes. Unlike traditional equity markets that have set trading hours, SNXX perpetual futures on Hyperliquid trade around the clock - 24 hours a day, 7 days a week, including weekends and holidays.
How we source and review this market data
Data collection. Live SNXX price, funding rate, open interest, and 24h volume are pulled directly from the Hyperliquid API on every page load and cross-checked against the live trade.xyz interface, which is where SNXX-PERP is deployed as a HIP-3 builder market. Numbers shown are unedited machine values from those feeds — we do not hand-adjust prices or rates.
Editorial review. The trading context on SNXX-PERP — catalysts, contract specs, and the “why trade this” analysis — is written and reviewed by Concept211, an active Hyperliquid trader since February 2024 who trades perpetuals daily and builds automated bots on the Hyperliquid API. Each market is checked against the live trade.xyz interface before publishing.
Last reviewed. . Contract specs and catalysts are re-checked on a rolling basis; live data refreshes automatically. Read the full editorial methodology for how figures are sourced, verified, and corrected.
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Where the figures come from. Live SNXX price, funding rate, open interest and 24h volume are read from the Hyperliquid API, the same public endpoint the exchange serves its own front end from, and cross-checked against the live trade.xyz interface where SNXX-PERP is deployed. Figures refresh on every page load and again every 30 seconds while the page is open, so any number quoted from this page is a point-in-time reading rather than a daily close. Contract specifications and editorial context were last reviewed ; this page has been published since 2026.
Reuse. You may republish these figures with attribution and a link to hyperliquidguide.com/markets/xyz/snxx.
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