Taiwan Semiconductor (TSM) 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 TSM on Hyperliquid?
TSM (Taiwan Semiconductor) 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 Taiwan Semiconductor 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, TSM 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.
TSM on Hyperliquid at a Glance
| Underlying | Taiwan Semiconductor (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 TSM candles from the Hyperliquid API. Ready to trade? Get a 4% fee discount.
How to Trade Taiwan Semiconductor (TSM) on Hyperliquid
TSMC is the world's largest semiconductor foundry, manufacturing chips for Apple, NVIDIA, and AMD. Trade TSM perpetual futures on Hyperliquid via trade.xyz.
TSM 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 TSM 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.
TSM Contract Notes & Catalysts to Watch
TSM-PERP tracks the Taiwan Semiconductor share price via the trade.xyz oracle with hourly funding, cash-settled in USDC. What sets TSMC apart from every other chip name in the book is that it is a pure foundry — it manufactures rather than designs, so the perp keys off capacity and node economics rather than a single product cycle. The catalyst almost nobody else has: TSMC reports monthly revenue around the tenth of each month, Taiwan time, which lands well before any US session and routinely gaps the stock. Beyond that I watch quarterly earnings (mid-January, April, July, October), advanced-node ramp updates (N3, N2, and the CoWoS packaging capacity that gates AI-GPU supply for NVIDIA and AMD), Apple order timing, and Taiwan-Strait geopolitical headlines that break during Asian hours when US brokers are shut. The listed underlier is the NYSE-quoted ADR, but the news that moves it originates on Taiwan time, so 24/7 access is the whole point. Funding tends positive on AI-rally days as perp longs crowd the trade. The book is deep for an equity perp, but still thinner than trading the shares outright, so lean on limit orders in off-hours.
Related markets: Kioxia memory-chip 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 TSM on Hyperliquid?
TSM 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 TSM 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 TSM 24/7 on Hyperliquid?
Yes. Unlike traditional equity markets that have set trading hours, TSM 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 TSM 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 TSM-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 TSM-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 TSM 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 TSM-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/tsm.
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