IP Perpetual
What is the IP perpetual?
The IP perpetual (or “perp”) is a futures contract on Hyperliquid that tracks the price of IPwith no expiry, so a position can be held indefinitely. It currently marks at $0.31703 with about $0 of open interest and $0 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 IP
A perpetual stays tethered to spot through funding: a small payment exchanged between longs and shorts.IP funding is currently +0.0000% per hour (+0.0% annualized), which means longs 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 IP
With Hypertrade you connect your own AI, Claude, GPT, Gemini, or a custom model, and it can propose IPtrades 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 IP
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.