Palladium Futures (PALLADIUM) 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 PALLADIUM on Hyperliquid?
PALLADIUM (Palladium Futures) on Hyperliquid is a cash-settled HIP-3 perpetual futures contract deployed via the trade.xyz builder. It is a commodity perpetual — not a token — and tracks the Palladium Futures 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, PALLADIUM perpetuals on Hyperliquid offer 24/7 trading (including weekends and holidays when traditional commodity 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.
PALLADIUM on Hyperliquid at a Glance
| Underlying | Palladium Futures (Commodity) |
|---|---|
| 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 PALLADIUM candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Palladium Futures (PALLADIUM) on Hyperliquid
Palladium is a rare precious metal critical for automotive catalytic converters. Trade palladium perpetual futures on Hyperliquid via trade.xyz.
PALLADIUM 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 PALLADIUM on Hyperliquid?
Hyperliquid offers distinct advantages for commodity 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 commodity markets are closed. Self-custody ensures you retain full control of your funds at all times.
PALLADIUM Contract Notes & Catalysts to Watch
PALLADIUM-PERP tracks the spot palladium oracle on trade.xyz. Palladium is the most concentrated and, in my experience, the most violent of the precious metals to trade. Supply is heavily Russian, with Nornickel a dominant producer, so sanctions chatter, export-license news, and anything touching Russian metal flows can gap the price hard. Demand is almost entirely autocatalysts, and here palladium sits on the wrong side of a structural threat: it goes into gasoline engines, so every point of EV share growth chips at its core market, while high prices have pushed automakers to 'thrift' palladium loadings and swap in cheaper platinum where they can. That substitution is why I watch the platinum/palladium ratio on both tickers at once rather than trading palladium in isolation. The catalysts are Russian supply headlines, auto-production and vehicle-mix data, and the annual PGM balances from the refiners. Thin physical liquidity makes the metal prone to squeezes and air-pockets, so the leverage cap on the page deserves respect. The perp saves you the LME-style roll and delivery mechanics, settling in USDC with hourly funding, and trades around the clock including the weekends when the underlying market is closed.
New to trading commodity perpetuals on-chain? Our guide to the HIP-3 deployers walks through the mechanics — oracle pricing, hourly funding, USDC margin, no expiry — and compares HIP-3 commodity perps against ICE/CME futures and CFD brokers.
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 PALLADIUM on Hyperliquid?
PALLADIUM 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 PALLADIUM 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 PALLADIUM 24/7 on Hyperliquid?
Yes. Unlike traditional commodity markets that have set trading hours, PALLADIUM 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 PALLADIUM 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 PALLADIUM-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 PALLADIUM-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 PALLADIUM 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 PALLADIUM-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/palladium.
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