> Trade Direxion Daily Semiconductor Bull 3X Shares perpetuals on Hyperliquid 24/7 — cash-settled, USDC margin, no expiry. Live SOXL price, contract specs, funding rates, and up to 10x leverage via trade.xyz. *Source: https://hyperliquidguide.com/markets/xyz/soxl* SO # Direxion Daily Semiconductor Bull 3X Shares (SOXL) Price on Hyperliquid SOXL-PERP via trade.xyz · HIP-3 Equity · Live Chart, Funding Rate & Contract Specs ![Concept211](/images/about/concept211.webp) Reviewed by [Concept211](/about#author) · Hyperliquid Guide editorial team Building trading bots since 2016, trading on Hyperliquid since February 2024. Trades perpetuals on Hyperliquid daily, builds automated trading bots on the Hyperliquid API, and tests every market against the live trade.xyz interface before publishing. Last reviewed: May 2026 | Verified live against trade.xyz May 2026 $125.25 +2.84% Auto-refreshes every 30s · Max leverage: 10x 24h Volume $72.03M Open Interest $31.65M 252,682.1 SOXL Funding Rate (1h) +0.0026% Annualized: +23.09% Mark vs Oracle +0.0826% Premium Source: live price, 24h volume, open interest, and funding-rate data from the official [Hyperliquid API](https://api.hyperliquid.xyz) (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 0.09% 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. ## SOXL on Hyperliquid at a Glance *SOXL-PERP contract specification on Hyperliquid, as of May 2026 . Leverage and market type are read from the Hyperliquid API's market metadata; fees are Hyperliquid's published [HIP-3 builder-market fee schedule](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees); the underlying price is referenced through the trade.xyz oracle.* | Field | Value | | --- | --- | | Underlying | Direxion Daily Semiconductor Bull 3X Shares (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](/guides/trading/stock-perps-tracking-error#row-soxl) covering every trade.xyz market. Direxion Daily Semiconductor Bull 3X Shares price · trade.xyz Loading Direxion Daily Semiconductor Bull 3X Shares chart… Live SOXL candles from the [Hyperliquid API](https://api.hyperliquid.xyz). Ready to trade? [Get a 4% fee discount](https://app.hyperliquid.xyz/join/Concept211). ## 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. ![How a SOXL HIP-3 perpetual on Hyperliquid works: real-world asset to deployer oracle feed to on-chain CLOB matching to USDC-margined settlement](/images/markets/shared/hip-3-rwa-perp-flow.webp) *The lifecycle of a HIP-3 real-world-asset perpetual — from underlying price feed to USDC settlement on HyperCore.* ### 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](/markets/xyz/smh) . ### Key Market Facts Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule. Contract Type Perpetual Future (HIP-3) Max Leverage 10x Settlement USDC Taker Fee 0.09% Maker Fee 0.03% Builder trade.xyz Funding Interval Hourly (continuous) Market Category Equity ## 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? 0.09% 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 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](/about#author), 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. May 2026 . Contract specs and catalysts are re-checked on a rolling basis; live data refreshes automatically. Read the full [editorial methodology](/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. Hyperliquid Guide. "Direxion Daily Semiconductor Bull 3X Shares (SOXL) Price on Hyperliquid: Live Chart & Perp Specs." Published February 15, 2026; last updated May 15, 2026. https://hyperliquidguide.com/markets/xyz/soxl ### HTML link Drop-in anchor tag with the page title and update date. Direxion Daily Semiconductor Bull 3X Shares (SOXL) Price on Hyperliquid: Live Chart & Perp Specs — Hyperliquid Guide, updated May 2026 ### Embed the SOXL spec table Self-contained HTML table, including the required source attribution.
SOXL-PERP contract specification on Hyperliquid — as of May 2026
UnderlyingDirexion Daily Semiconductor Bull 3X Shares (Equity)
Market typeHIP-3 perpetual future via trade.xyz
Max leverage10x
Maker fee0.03%
Taker fee0.09%
Funding intervalHourly
Margin & settlementUSDC — cash-settled, no expiry
Trading hours24/7, including weekends & holidays

Source: Direxion Daily Semiconductor Bull 3X Shares (SOXL) on Hyperliquid — Hyperliquid Guide

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 May 2026 ; this page has been published since 2026. Reuse. You may republish these figures with attribution and a link to [hyperliquidguide.com/markets/xyz/soxl](https://hyperliquidguide.com/markets/xyz/soxl). ### Trade SOXL on Hyperliquid Get a 4% lifetime fee discount with our referral code. [Start Trading SOXL](https://app.hyperliquid.xyz/join/Concept211) ### Related Guides [Hyperliquid XYZ Explained →](/guides/trading/hyperliquid-xyz-explained)[How to Trade on Hyperliquid →](/guides/getting-started/how-to-trade-on-hyperliquid)[HIP-3 Builder Codes Explained →](/ecosystem/hip-3-builder-codes)[Traditional Markets on Hyperliquid →](/ecosystem/hyperliquid-traditional-markets)[Hyperliquid Fee Structure →](/guides/fees/fees-explained)[Spot Trading Guide →](/guides/trading/spot-trading-guide) ### More Equity Markets [SKHX -1.00%](/markets/xyz/skhx)[SNDK +1.12%](/markets/xyz/sndk)[MU -1.51%](/markets/xyz/mu)[NVDA +2.01%](/markets/xyz/nvda)[SKHY -0.39%](/markets/xyz/skhy)[META +4.25%](/markets/xyz/meta)[GOOGL +1.36%](/markets/xyz/googl)[SPCX -3.21%](/markets/xyz/spcx)[INTC +1.15%](/markets/xyz/intc)[SMSN +1.03%](/markets/xyz/smsn)[AAPL +0.08%](/markets/xyz/aapl)[CRCL +0.73%](/markets/xyz/crcl) ### Ready to Start Trading? Join Hyperliquid with our referral link and get a 4% lifetime fee discount. No KYC, no email - just connect your wallet and trade. [Start Trading - Save 4%](https://app.hyperliquid.xyz/join/Concept211)