Download Higher
Tap a JPY-PERP CTA on this page to open the Higher download page, then install or open Higher on iOS.
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Japanese Yen
JPY-PERP
FX
50x
Hyperliquid
$160.41
+$0.1600
+0.10%
Past day
$1.1M
24h volume
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Snapshot from Wed, 10 Jun 2026 17:09 UTC · live data loads in your browser
About
Hyperliquid · XYZUSDJPY tracks the United States Dollar / Japanese Yen (USD/JPY) spot exchange rate. Price of 1 USD in JPY. The Japanese yen is the official currency of Japan. The conventional market notation is the number of yen per US dollar. It is an independent, free-floating currency.
Market stats
Mark price
$160.41
Oracle price
$160.48
24h change
+0.10%
24h volume
$1.1M
Open interest
$8.7M
Funding rate
-0.0010%/hr
Premium
-0.0423%
Max leverage
50x
Venue
Hyperliquid
How to trade JPY-PERP on Higher
In the appUse Higher on iOS to fund with Apple Pay or debit, open the JPY-PERP market, and go long or short with up to 50x leverage.
Fund with Apple Pay or debit
Add funds on Higher using Apple Pay or a debit card so your margin is ready for the JPY-PERP trade.
Open the JPY perp market
Search for JPY in the Higher Markets tab or open the JPY-PERP market directly from this page.
Go long or short
Pick your direction, size, and leverage (up to 50x), review funding and liquidation details, and place the JPY-PERP trade.
Market
Trade JPY-PERP on Higher
xyz:JPY
Questions
Read-only web pageHow do I trade JPY-PERP on Higher?
Download Higher on iOS, fund your account with Apple Pay or a debit card, open the JPY perp market, and go long or short with up to 50x leverage.
What is the max leverage for JPY-PERP?
JPY-PERP supports up to 50x leverage on Hyperliquid through Higher. Higher leverage increases both potential gains and liquidation risk.
What is the JPY-PERP funding rate?
JPY-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 JPY-PERP?
JPY-PERP is a perpetual futures contract that tracks the price of Japanese Yen. Perps have no expiry date and use funding payments to stay close to the underlying price. USDJPY tracks the United States Dollar / Japanese Yen (USD/JPY) spot exchange rate. Price of 1 USD in JPY. The Japanese yen is the official currency of Japan. The conventional market notation is the number of yen per US dollar. It is an independent, free-floating currency.
Can I trade JPY-PERP on the web?
No. Higher perp pages on the web are read-only. Use the Trade JPY-PERP CTA to open Higher on iOS and trade in the app.
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.
