KOSPI 200 Index (KR200) 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 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
| Underlying | KOSPI 200 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 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.

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.
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.
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 KR200 spec table
Self-contained HTML table, including the required source attribution.
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.
Trade KR200 on Hyperliquid
Sign up through Entropy and get an automatic fee rebate on Entropy's own markets.
Start Trading KR200Ready to Start Trading?
Sign up through our link and Entropy attaches its 25% referral benefit to your account automatically, paying back a share of every trade for as long as you trade. It can only be attached at signup and can never be added afterwards, so anyone who arrives without one pays the full rate permanently.
Claim Your 25% Rebate