Marvell Technology (MRVL) Price on Hyperliquid
Auto-refreshes every 30s · Max leverage: 10x
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 MRVL on Hyperliquid?
MRVL (Marvell Technology) 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 Marvell Technology 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, MRVL 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.
MRVL on Hyperliquid at a Glance
| Underlying | Marvell Technology (Equity) |
|---|---|
| Market type | HIP-3 perpetual future via trade.xyz |
| Max leverage | 10x |
| 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 MRVL candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Marvell Technology (MRVL) on Hyperliquid
Marvell designs custom AI accelerators and the high-speed networking and optical silicon that stitches data-center GPUs together. Trade MRVL perpetual futures 24/7 on Hyperliquid via trade.xyz.
MRVL 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.
Why Trade MRVL on Hyperliquid?
Marvell is the "connectivity" leg of the AI-infrastructure trade, which is exactly why it earns its own contract rather than moving one-for-one with NVIDIA. Its business is custom silicon (ASICs designed for a single hyperscaler) plus the electro-optics, DSPs, and switching chips that move data between GPUs inside and between AI data centers — so the stock keys off a different catalyst set than the GPU names: custom-ASIC design-win announcements, optical and 800G/1.6T networking demand, and the read-through from hyperscaler capex on interconnect rather than compute. That gives MRVL a high but distinct beta to the AI theme, and it frequently trades as the relative-value pair against NVDA and AMD on rotation days. MRVL-PERP on Hyperliquid via trade.xyz is cash-settled in USDC with hourly funding, and the 24/7 access matters because the hyperscaler earnings and Asian supply-chain prints that move it routinely break after the US close. Holding it in the same USDC-margin wallet as your NVDA, AMD, and MU perps lets you trade the whole AI-infrastructure stack — compute, memory, and interconnect — as one basket.
MRVL Contract Notes & Catalysts to Watch
MRVL-PERP tracks the spot Marvell share price via the trade.xyz oracle with hourly funding. Largest catalysts: quarterly earnings (Marvell runs a fiscal-year offset, reporting roughly early March, late May/June, August/September, and late November/December) with the market focused on data-center revenue and custom-ASIC ramps; custom-silicon design-win disclosures with hyperscalers; NVIDIA earnings and keynotes (MRVL trades sympathetically on AI-capex read-through); and optical/networking demand updates. Liquidity is best during US hours. Funding tends to turn positive on AI-rally days as perp longs crowd the interconnect name alongside the GPU leaders — watch the NVDA/MRVL and AMD/MRVL ratios for relative-value setups.
Related markets: NVIDIA (NVDA) perp, AMD (AMD) perp.
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 MRVL on Hyperliquid?
MRVL 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 MRVL 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 MRVL 24/7 on Hyperliquid?
Yes. Unlike traditional equity markets that have set trading hours, MRVL 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 MRVL 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 MRVL-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 MRVL-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 MRVL 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 MRVL-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/mrvl.
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