Position
Select option to trade Japanese Yen (JPY)
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Info
24h Volume
Open Interest
1h Funding
About Japanese Yen (JPY) Perpetual Futures
The JPY-USD perpetual contract lets you trade Japanese Yen (JPY) with up to 50x 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.
Japanese Yen (JPY) is a foreign-exchange (FX) perpetual. It gives you leveraged long or short exposure to the currency pair around the clock, settled in USDC.
As of the latest update, JPY-USD trades at $161.42 (-0.76% over the last 24 hours), with $8.29M in 24-hour volume, $17.86M in open interest, and an hourly funding rate of -0.0021%.
Perpmate provides real-time JPY-USD charts, open interest data, and funding rate tracking to help you make informed trading decisions. Connect your crypto wallet to start trading Japanese Yen (JPY) perpetuals. New to this market? Read our guide: How to Trade JPY Perpetuals.
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FAQ
What is leverage on JPY-USD perpetuals?
Leverage lets you control a larger position with less capital. With 50x leverage, a $100 entry controls $5,000.00 of JPY-USD. It increases both potential profit and risk.
What happens if I long or short Japanese Yen (JPY)?
If you long Japanese Yen (JPY) 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 Japanese Yen (JPY)?
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 Japanese Yen (JPY) 24/7?
Yes. The spot forex market closes over the weekend, but the Japanese Yen (JPY) perpetual trades around the clock, 7 days a week.
What is the maximum leverage on Japanese Yen (JPY)?
You can trade Japanese Yen (JPY) perpetuals with up to 50x leverage on Perpmate. Higher leverage increases both potential returns and the risk of liquidation, so size your positions carefully.