MR

Moderna Inc (MRNA) Price on Hyperliquid

MRNA-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:
$139.25-5.26%

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

24h Volume
$15.58M
Open Interest
$3.98M
28,612.42 MRNA
Funding Rate (1h)
+0.0019%
Annualized: +16.60%
Mark vs Oracle
+0.0549%
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 MRNA on Hyperliquid?

MRNA (Moderna Inc) 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 Moderna Inc 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, MRNA 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.

MRNA on Hyperliquid at a Glance

MRNA-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.
UnderlyingModerna Inc (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
Moderna Inc price · trade.xyz
Loading Moderna Inc chart…

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

How to Trade Moderna Inc (MRNA) on Hyperliquid

Moderna develops mRNA vaccines and therapeutics, with a pipeline extending beyond respiratory vaccines into oncology and rare disease. Trade MRNA perpetual futures 24/7 on Hyperliquid via trade.xyz.

MRNA 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 MRNA 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 MRNA 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.

MRNA Contract Notes & Catalysts to Watch

MRNA-PERP tracks the spot Moderna price via the trade.xyz oracle with hourly funding. Biotech is the one sector in this book where the largest moves have nothing to do with the economy. Clinical trial readouts and regulatory decisions can gap a stock in a single session regardless of index direction, which makes leverage genuinely dangerous here and makes the leverage cap on the page worth reading before you size. The commercial side is seasonal, tied to respiratory vaccination campaigns, and has been in decline from pandemic-era peaks, so the bull case rests on the pipeline converting rather than on the existing product line. Public health policy is an unusual live risk for this particular name, since recommendations on who should be vaccinated feed directly into demand. Trial data does not respect market hours, which is one reason to hold this exposure as a 24/7 contract.

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 MRNA on Hyperliquid?

MRNA 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 MRNA 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 MRNA 24/7 on Hyperliquid?

Yes. Unlike traditional equity markets that have set trading hours, MRNA 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 MRNA 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 MRNA-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 MRNA-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 MRNA spec table

Self-contained HTML table, including the required source attribution.

Where the figures come from. Live MRNA 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 MRNA-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/mrna.

Ready 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