SMH
SMH-PERPAbout
Hyperliquid · XYZSMH tracks the value of 1 share of the VanEck Semiconductor ETF. SMH is an exchange-traded fund that provides exposure to leading companies across the semiconductor industry, including chip designers, manufacturers, foundries, and semiconductor equipment providers.
Questions
Read-only web pageWhat is the max leverage for SMH-PERP?
SMH-PERP supports up to 20x leverage on Hyperliquid. Higher leverage increases both potential gains and liquidation risk.
What is the SMH-PERP funding rate?
SMH-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 SMH-PERP?
SMH-PERP is a perpetual futures contract that tracks the price of SMH. Perps have no expiry date and use funding payments to stay close to the underlying price. SMH tracks the value of 1 share of the VanEck Semiconductor ETF. SMH is an exchange-traded fund that provides exposure to leading companies across the semiconductor industry, including chip designers, manufacturers, foundries, and semiconductor equipment providers.
Can I trade SMH-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.