FOGO Perpetual
What is the FOGO perpetual?
The FOGO perpetual (or “perp”) is a futures contract on Hyperliquid that tracks the price of FOGOwith no expiry, so a position can be held indefinitely. It currently marks at $0.007519 with about $367.7K of open interest and $425.4K traded in the last 24 hours. Because it is leveraged, both gains and losses are amplified, and a move against a position can trigger liquidation.
How funding works on FOGO
A perpetual stays tethered to spot through funding: a small payment exchanged between longs and shorts.FOGO funding is currently +0.0013% per hour (+11.0% annualized), which means shorts are being paid right now. Funding shifts constantly with positioning, so a rich rate can flip. It is a real cost or income stream that any serious automated strategy has to account for on every hold.
How Hypertrade trades FOGO
With Hypertrade you connect your own AI, Claude, GPT, Gemini, or a custom model, and it can propose FOGOtrades around the clock. Every proposal passes a deterministic risk engine that sizes the position, enforces a mandatory stop, caps leverage, and can veto the trade outright. Orders are signed by an agent trade-only permission that can trade but cannot authorize an external withdrawal. Your trading capital remains in your user-controlled account at the venue. It is discipline the AI can never override, not a black box and not a promise of returns.
Point your AI at FOGO
Start free on testnet. Pick a model, set your limits, and let a disciplined engine handle execution while you retain owner withdrawal authority.
Other markets
Data sourced from Hyperliquid and refreshed periodically; figures may lag the venue. Trading perpetual futures involves substantial risk of loss and is not suitable for everyone. Nothing here is financial advice.