Direxion Daily Semiconductor Bull 3X Shares (SOXL) 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 SOXL on Hyperliquid?
SOXL (Direxion Daily Semiconductor Bull 3X Shares) 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 Direxion Daily Semiconductor Bull 3X Shares 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, SOXL 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 0.009% taker and 0.003% maker (per Hyperliquid's HIP-3 builder-market fee schedule), with growth mode cutting the usual builder-market rate by 90%. Live price, funding, and 24h volume on this page are pulled from the Hyperliquid API.
SOXL on Hyperliquid at a Glance
| Underlying | Direxion Daily Semiconductor Bull 3X Shares (Equity) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 10x |
| Maker fee | 0.003% (growth mode) |
| Taker fee | 0.009% (growth mode) |
| 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 SOXL candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Direxion Daily Semiconductor Bull 3X Shares (SOXL) on Hyperliquid
SOXL is a leveraged ETF that seeks three times the daily return of a semiconductor index, so it amplifies both direction and decay. Trade SOXL perpetual futures 24/7 on Hyperliquid via trade.xyz.
SOXL 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 SOXL 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.
SOXL Contract Notes & Catalysts to Watch
SOXL-PERP tracks the spot Direxion Daily Semiconductor Bull 3X Shares price via the trade.xyz oracle with hourly funding, and the leverage in the underlying fund is the single most important thing to understand here. The fund targets three times the daily index return and resets that exposure every day. Over a choppy stretch, daily rebalancing means the fund can lose value even if the index finishes flat, an effect usually called volatility decay. So a perp on SOXL stacks your chosen leverage on top of the fund existing daily leverage, and the combination compounds against you in a range far faster than a position in the unlevered basket would. I treat it as a short-horizon directional instrument, not something to hold through a consolidation. If you want semiconductor exposure to carry for weeks, SMH is the honest way to do it on this venue.
Related markets: VanEck Semiconductor ETF (SMH) perp.
Key Market Facts
Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule, with growth mode applied. How builder fees and discounts work: Hyperliquid fees explained.
Frequently Asked Questions
How do I trade SOXL on Hyperliquid?
SOXL 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 SOXL on Hyperliquid?
0.009% taker and 0.003% maker at the base tier. SOXL runs in growth mode, which Hyperliquid's fee docs say cuts the all-in fee on a HIP-3 market by at least 90%. Without growth mode, the asset's deployer fee scale of 1 would put it at 0.09% taker and 0.03% maker. The deployer sets growth mode per asset, and the live setting sits in the Hyperliquid API's meta response.
Can I trade SOXL 24/7 on Hyperliquid?
Yes. Unlike traditional equity markets that have set trading hours, SOXL 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 SOXL 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 SOXL-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 SOXL-PERP — catalysts, contract specs, and the “why trade this” analysis — is written and reviewed by Concept211, who has been building trading bots since 2016 and trading on Hyperliquid since February 2024, and who trades perpetuals daily with 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.
Cite this page
Quoting a figure from this page? Copy a ready-made reference rather than reconstructing one. Every heading and headline number on this page also carries its own anchor, so you can link straight to the line you are quoting.
Plain-text citation
For articles, reports, and reference lists.
HTML link
Drop-in anchor tag with the page title and update date.
Embed the SOXL spec table
Self-contained HTML table, including the required source attribution.
Where the figures come from. Live SOXL 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 SOXL-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/soxl.
Trade SOXL on Hyperliquid
Get a 4% fee discount on your first $25M of volume with our referral code.
Start Trading SOXLReady to Start Trading?
Join Hyperliquid with our referral link and get a 4% fee discount on your first $25M of volume. No KYC, no email - just connect your wallet and trade.
Start Trading - Save 4%