Position
Select option to trade Robinhood Markets Inc. (HOOD)
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Info
24h Volume
Open Interest
1h Funding
About Robinhood Markets Inc. (HOOD) Perpetual Futures
The HOOD-USD perpetual contract lets you trade Robinhood Markets Inc. (HOOD) with up to 10x leverage on the Hyperliquid decentralized exchange through Perpmate. You can go long if you expect the price to rise or go short if you expect it to fall, all without owning the underlying asset. Positions are settled in USDC and secured by Hyperliquid's onchain order book.
Robinhood Markets Inc. (HOOD) is a tokenized equity perpetual. It gives you leveraged long or short exposure to Robinhood Markets Inc. (HOOD) stock-price movements on-chain, settled in USDC, without owning shares or opening a brokerage account.
As of the latest update, HOOD-USD trades at $99.64 (-0.35% over the last 24 hours), with $1.19M in 24-hour volume, $15.76M in open interest, and an hourly funding rate of 0.0006%.
Perpmate provides real-time HOOD-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Robinhood Markets Inc. (HOOD) perpetuals.
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FAQ
What is leverage on HOOD-USD perpetuals?
Leverage lets you control a larger position with less capital. With 10x leverage, a $100 entry controls $1,000.00 of HOOD-USD. It increases both potential profit and risk.
What happens if I long or short Robinhood Markets Inc. (HOOD)?
If you long Robinhood Markets Inc. (HOOD) and the price goes up, you make money; if it goes down, you lose money. Shorting is the reverse: you profit when the price falls and lose when it rises. Leverage increases both your gains and your losses.
What happens if I get liquidated trading Robinhood Markets Inc. (HOOD)?
Liquidation happens when the market moves against your position and your margin can no longer cover the loss. The position is closed automatically and you lose your margin. To avoid it, keep enough USDC to back your position, use lower leverage, and set a stop-loss and take-profit.
Can I trade Robinhood Markets Inc. (HOOD) 24/7?
Yes. Unlike the stock market's regular 9:30 AM to 4:00 PM ET session, the Robinhood Markets Inc. (HOOD) perpetual trades 24 hours a day, 7 days a week, including nights and weekends, when the underlying stock is closed.
Do I own Robinhood Markets Inc. (HOOD) shares when I trade the perp?
No. A Robinhood Markets Inc. (HOOD) perpetual is a derivative that tracks the price of Robinhood Markets Inc. (HOOD). You do not own the underlying shares, have voting rights, or receive dividends. You are simply taking a long or short position on its price movement.