GameStop (GME) perpetual market on Hyperliquid

GameStop (GME) Price on Hyperliquid

GME-PERP via trade.xyz · HIP-3 Equity · Live Chart, Funding Rate & Contract Specs
Concept211
Reviewed by Concept211 · EntropyGuides 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:
$18.122+1.10%

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

24h Volume
$125.5K
Open Interest
$1.34M
73,807.58 GME
Funding Rate (1h)
+0.0006%
Annualized: +5.48%
Mark vs Oracle
+0.0839%
Premium

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 GME on Hyperliquid?

GME (GameStop) 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 GameStop 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, GME 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.

GME on Hyperliquid at a Glance

GME-PERP contract specification on Hyperliquid, as of . Leverage and market type are read from the Hyperliquid API's market metadata; fees are Hyperliquid's published HIP-3 builder-market fee schedule; the underlying price is referenced through the trade.xyz oracle.
UnderlyingGameStop (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
GameStop price · trade.xyz
Loading GameStop chart…

Live GME candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.

How to Trade GameStop (GME) on Hyperliquid

GameStop became the symbol of the 2021 meme stock movement and continues to attract retail trader attention. Trade GME perpetual futures 24/7 on Hyperliquid via trade.xyz — even on weekends.

GME 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 GME HIP-3 perpetual on Hyperliquid works: real-world asset to deployer oracle feed to on-chain CLOB matching to USDC-margined settlement
The lifecycle of a HIP-3 real-world-asset perpetual — from underlying price feed to USDC settlement on HyperCore.

Why Trade GME 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.

GME Contract Notes & Catalysts to Watch

GME-PERP tracks the spot GameStop share price via the trade.xyz oracle with hourly funding, and it is the one ticker on this venue I treat as a pure event stock rather than a fundamentals trade. The underlying retail business (physical games and collectibles) is largely beside the point for how the shares move. What drives GME is sentiment and positioning: short interest and the cost to borrow, social-media flare-ups, options gamma, and any sign of the retail crowd re-engaging. Squeeze episodes can send it up multiples in days and give it all back just as fast, so realized vol dwarfs anything else in the equity book. Two structural wrinkles matter now. GameStop sits on a very large cash pile from prior equity raises, and it has added Bitcoin to its treasury, which ties a slice of the stock to crypto sentiment and makes weekend BTC moves relevant. Catalysts I watch: short-interest and borrow-rate updates, any Roaring Kitty / high-profile retail chatter, capital-raise or treasury announcements, and quarterly earnings (which usually matter less than the flows around them). The 24/7 perp is genuinely useful here because squeeze fuel builds on weekends when the stock market is closed. Size small, lean on limit orders, and expect funding to spike hard positive when perp longs crowd a run. Cash-settled USDC, no KYC.

Key Market Facts

Leverage read from the Hyperliquid API; fee figures from Hyperliquid's published HIP-3 builder-market fee schedule.

Contract TypePerpetual Future (HIP-3)
Max Leverage10x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryEquity

Frequently Asked Questions

How do I trade GME on Hyperliquid?

GME 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 GME 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 GME 24/7 on Hyperliquid?

Yes. Unlike traditional equity markets that have set trading hours, GME 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 GME 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 GME-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 GME-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 GME 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 GME-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 entropyguides.com/markets/xyz/gme.

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