Nikkei 225 Index (JP225) Price on Hyperliquid
Auto-refreshes every 30s · Max leverage: 20x
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 JP225 on Hyperliquid?
JP225 (Nikkei 225 Index) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a index perpetual — not a token — and tracks the Nikkei 225 Index 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 20x leverage. As of May 2026, JP225 perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional index 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.
JP225 on Hyperliquid at a Glance
| Underlying | Nikkei 225 Index (Index) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 20x |
| 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 |
Live JP225 candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Nikkei 225 Index (JP225) on Hyperliquid
The Nikkei 225 is Japan's premier stock market index. Trade JP225 perpetual futures on Hyperliquid via trade.xyz for 24/7 Japanese equity exposure.
JP225 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 20x 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 JP225 on Hyperliquid?
Hyperliquid offers distinct advantages for index 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 index markets are closed. Self-custody ensures you retain full control of your funds at all times.
JP225 Contract Notes & Catalysts to Watch
JP225 tracks Japanese large caps, and the thing that makes it trade differently from a US index is its heavy exporter weighting — autos, industrials, electronics — which makes the whole thing a leveraged bet on the yen. When the yen weakens, exporter earnings translate higher and the Nikkei tends to rip; when the yen strengthens sharply, JP225 usually sells off, so I watch it as a near-inverse to the JPY market. That means the catalysts are Bank of Japan policy above all: rate decisions, any yield-curve-control adjustment, and the tone on normalization. US yields matter too, because the rate differential drives the yen. JP225-PERP on trade.xyz is cash-settled in USDC with hourly funding, no futures roll, no expiry. The 24/7 angle is concrete for a Japan index — BOJ meetings and Governor pressers land during Asia hours when a US trader is asleep and most brokers are shut, and this lets me trade that reaction immediately. My favorite structure is a JP225-vs-JPY pair in the same margin account, expressing the weak-yen-helps-exporters thesis directly rather than through two separate accounts. KYC-free, up to the leverage cap shown on this page.
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 JP225 on Hyperliquid?
JP225 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 20x leverage.
What are the fees for JP225 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 JP225 24/7 on Hyperliquid?
Yes. Unlike traditional index markets that have set trading hours, JP225 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 JP225 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 JP225-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 JP225-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 JP225 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 JP225-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/jp225.
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