KOSPI 200 Index (KR200) perpetual market on Hyperliquid

KOSPI 200 Index (KR200) Price on Hyperliquid

KR200-PERP via trade.xyz · HIP-3 Index · 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:
$1,077.70+0.47%

Auto-refreshes every 30s · Max leverage: 20x

24h Volume
$488.5K
Open Interest
$718.0K
666.277 KR200
Funding Rate (1h)
-0.0092%
Annualized: -80.40%
Mark vs Oracle
-0.2523%
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 KR200 on Hyperliquid?

KR200 (KOSPI 200 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 KOSPI 200 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, KR200 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.

KR200 on Hyperliquid at a Glance

KR200-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.
UnderlyingKOSPI 200 Index (Index)
Market typeHIP-3 perpetual future via trade.xyz
Max leverage20x
Maker fee0.03%
Taker fee0.09%
Funding intervalHourly
Margin & settlementUSDC — cash-settled, no expiry
Trading hours24/7, including weekends & holidays
KOSPI 200 Index price · trade.xyz
Loading KOSPI 200 Index chart…

Live KR200 candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.

How to Trade KOSPI 200 Index (KR200) on Hyperliquid

The KOSPI 200 tracks the 200 largest companies on the Korea Exchange. Trade Korean index perpetual futures 24/7 on Hyperliquid via trade.xyz.

KR200 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.

How a KR200 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 KR200 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.

KR200 Contract Notes & Catalysts to Watch

KR200 is the local KOSPI 200, priced in Korean won rather than dollars, which is what separates it from the USD-denominated EWY. Trading it, you get the Korean large-cap market without the FX-translation drag baked into the ETF version, so a KR200-vs-EWY pair isolates the won move cleanly. Like EWY it is dominated by the semiconductor complex — Samsung and SK Hynix anchor it — so the memory-chip cycle and AI-driven HBM demand are the beta. The distinct angle I trade on KR200 is the domestic reform story: Korea's 'value-up' corporate-governance program aimed at closing the long-standing 'Korea discount' has been a real re-rating catalyst, and policy updates around it move the local index in a way that pure chip headlines do not. Watch the chip cycle, US-China export-control developments that hit Korean suppliers, and value-up policy news. KR200-PERP on trade.xyz is cash-settled in USDC, hourly funding, no roll, no expiry, tradable around the clock — useful because Bank of Korea decisions and Korean earnings land in Asia hours when local and most Western markets are shut. 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.

Contract TypePerpetual Future (HIP-3)
Max Leverage20x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryIndex

Frequently Asked Questions

How do I trade KR200 on Hyperliquid?

KR200 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 KR200 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 KR200 24/7 on Hyperliquid?

Yes. Unlike traditional index markets that have set trading hours, KR200 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 KR200 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 KR200-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 KR200-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 KR200 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 KR200-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/kr200.

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