UMA
UMA-PERPAbout
Hyperliquid · CoreUMA-PERP is a UMA perpetual futures market on Hyperliquid with up to 3x leverage. Track the live mark price, funding rate, open interest, and 24h volume here, then download Higher to go long or short UMA from your phone.
Questions
Read-only web pageWhat is the max leverage for UMA-PERP?
UMA-PERP supports up to 3x leverage on Hyperliquid. Higher leverage increases both potential gains and liquidation risk.
What is the UMA-PERP funding rate?
UMA-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 UMA-PERP?
UMA-PERP is a perpetual futures contract that tracks the price of UMA. Perps have no expiry date and use funding payments to stay close to the underlying price.
Can I trade UMA-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.