Microsoft Corp (MSFT) perpetual market on Hyperliquid

Microsoft Corp (MSFT) Price on Hyperliquid

MSFT-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:
$499.22+1.07%

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

24h Volume
$10.45M
Open Interest
$18.33M
36,710.74 MSFT
Funding Rate (1h)
+0.0006%
Annualized: +5.48%
Mark vs Oracle
-0.0210%
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 MSFT on Hyperliquid?

MSFT (Microsoft Corp) 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 Microsoft Corp 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, MSFT 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.

MSFT on Hyperliquid at a Glance

MSFT-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.
UnderlyingMicrosoft Corp (Equity)
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
Microsoft Corp price · trade.xyz
Loading Microsoft Corp chart…

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How to Trade Microsoft Corp (MSFT) on Hyperliquid

Microsoft is a global technology leader in cloud computing (Azure), productivity software, and AI. Trade MSFT perpetual futures on Hyperliquid via trade.xyz.

MSFT 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.

Microsoft Corp (MSFT) official company website — the underlying asset behind the MSFT HIP-3 perpetual on Hyperliquid
Microsoft Corp is the underlying asset behind the MSFT-PERP market on Hyperliquid. Screenshot of Microsoft's official website (www.microsoft.com) — shown under fair use for editorial context.
How a MSFT 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 MSFT on Hyperliquid?

Microsoft is the cleanest large-cap proxy for the enterprise-AI build-out, which is why it earns a separate line from the chip names. Where NVDA is the picks-and-shovels trade, MSFT is the demand side: Azure cloud growth, the OpenAI partnership, and Copilot monetization across Office and GitHub, all funded by one of the largest capex programs in corporate history. So the stock keys off a specific cluster — Azure growth rate and AI contribution, capex guidance (the market punishes spend that outruns revenue and rewards the reverse), and Copilot adoption — rather than GPU allocation. That makes MSFT a lower-beta, higher-quality way to be long the AI theme, and a natural hedge leg against the more volatile infrastructure perps. MSFT-PERP on Hyperliquid via trade.xyz is cash-settled in USDC with hourly funding; the 24/7 access matters because Microsoft reports after the US close and its capex commentary regularly moves the entire AI complex — including the GPU and memory perps — in after-hours and overnight sessions. Holding it in the same USDC-margin wallet as your NVDA, AMD, and AI-token perps lets you trade the demand and supply sides of the AI trade against each other and react to the print the instant it drops, with no broker, KYC, or T+1 settlement cycle.

MSFT Contract Notes & Catalysts to Watch

MSFT-PERP tracks the spot Microsoft share price via the trade.xyz oracle with hourly funding. Biggest catalysts: quarterly earnings (late January, April, July, October) with the market fixated on Azure growth and AI capex guidance; OpenAI and Copilot product and monetization news; and broad enterprise-software demand signals. As a deep, relatively low-volatility mega-cap, funding usually stays moderate — but the after-hours earnings reaction is large and frequently sets the tone for the rest of the AI-infrastructure complex, which is the core reason to have 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 Leverage20x
SettlementUSDC
Taker Fee0.09%
Maker Fee0.03%
Buildertrade.xyz
Funding IntervalHourly (continuous)
Market CategoryEquity

Frequently Asked Questions

How do I trade MSFT on Hyperliquid?

MSFT 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 MSFT 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 MSFT 24/7 on Hyperliquid?

Yes. Unlike traditional equity markets that have set trading hours, MSFT 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 MSFT 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 MSFT-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 MSFT-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 MSFT 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 MSFT-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/msft.

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