Platinum Futures (PLATINUM) 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 PLATINUM on Hyperliquid?
PLATINUM (Platinum 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 Platinum 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, PLATINUM 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.
PLATINUM on Hyperliquid at a Glance
| Underlying | Platinum 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 PLATINUM candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Platinum Futures (PLATINUM) on Hyperliquid
Platinum is a rare precious metal used in automotive catalysts and jewelry. Trade platinum perpetual futures on Hyperliquid via trade.xyz.
PLATINUM 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 PLATINUM 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.
PLATINUM Contract Notes & Catalysts to Watch
PLATINUM-PERP references the spot platinum oracle on trade.xyz. Platinum is a platinum-group metal, and its price answers to a supply story most other metals do not have: roughly two-thirds of mine supply comes from a handful of South African shafts, so Eskom power rationing, load-shedding, and mine-shaft safety stoppages feed straight into the tape. On demand, the biggest single use is autocatalysts, historically weighted to diesel engines, plus jewelry and a growing hydrogen and fuel-cell story that bulls lean on for the long-term deficit case. The trade I actually run most on platinum is not outright but relative: the platinum/palladium ratio. The two metals substitute for each other in catalytic converters, so when the ratio stretches to an extreme, automakers and traders rotate between them, and holding both as perps in the same USDC wallet lets you put that spread on directly. Watch the annual WPIC supply-demand balances and any South African utility or labor headline for the sharp moves. As a perp there is no monthly roll or physical delivery, just spot tracking with hourly funding, and it keeps trading on weekends when the metal's physical market is shut.
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 PLATINUM on Hyperliquid?
PLATINUM 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 PLATINUM 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 PLATINUM 24/7 on Hyperliquid?
Yes. Unlike traditional commodity markets that have set trading hours, PLATINUM 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 PLATINUM 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 PLATINUM-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 PLATINUM-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 PLATINUM spec table
Self-contained HTML table, including the required source attribution.
Where the figures come from. Live PLATINUM 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 PLATINUM-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/platinum.
Trade PLATINUM on Hyperliquid
Sign up through Entropy and get an automatic fee rebate on Entropy's own markets.
Start Trading PLATINUMReady 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