CXMT
CXMT-PERPAbout
Hyperliquid · XYZCXMT is a pre-IPO market reflecting the market-implied value of 1 ordinary share (A-share) of ChangXin Technology Group Co., Ltd. (SHE: 688825) in USD terms. CXMT manufactures semiconductor DRAM memory chips. After the IPO, the oracle will convert the underlying stock’s Renminbi price to USD at the prevailing FX rate.
Questions
Read-only web pageWhat is the max leverage for CXMT-PERP?
CXMT-PERP supports up to 5x leverage on Hyperliquid. Higher leverage increases both potential gains and liquidation risk.
What is the CXMT-PERP funding rate?
CXMT-PERP funding accrues hourly on Hyperliquid. When funding is positive, longs pay shorts; when negative, shorts pay longs. The live hourly funding rate is shown on this page and in the Higher app.
What is CXMT-PERP?
CXMT-PERP is a perpetual futures contract that tracks the price of CXMT. Perps have no expiry date and use funding payments to stay close to the underlying price. CXMT is a pre-IPO market reflecting the market-implied value of 1 ordinary share (A-share) of ChangXin Technology Group Co., Ltd. (SHE: 688825) in USD terms. CXMT manufactures semiconductor DRAM memory chips. After the IPO, the oracle will convert the underlying stock’s Renminbi price to USD at the prevailing FX rate.
Can I trade CXMT-PERP on the web?
No. Higher perp pages on the web are read-only, and Higher does not support perp trading in the app yet.
Higher provides perp market information for educational and discovery purposes only. This page is not financial advice, an offer, or a recommendation to buy or sell any asset. Perpetual futures are leveraged products: losses can exceed your initial margin and positions can be liquidated. Crypto assets and derivatives are volatile and can lose value.