Software Stock Perpetuals
Trade enterprise SaaS, cloud, and dev-platform stocks 24/7.
Software stocks on Hyperliquid cover the major SaaS, cloud, and dev-tools names. These companies are highly correlated with rate moves and tend to gap on quarterly earnings; the 24/7 perpetual market lets you adjust your exposure the moment a print drops, not at the next open.
All software perpetuals on Hyperliquid
How software perpetuals work
When you open a perpetual position you don't take delivery of the underlying asset. You're posting margin against a contract whose price tracks the underlying. Profits and losses are settled in USDC on Hyperliquid as the price moves.
Hyperliquid runs a fully on-chain order book with sub-second matching. Every trade, fill, and funding payment is verifiable on the Hyperliquid L1 chain. There are no off-chain matching engines, no withdrawal queues, and no custodian holding your funds.
Liquidiction routes orders through Hyperliquid as a builder code, which means you sign trades from your own wallet and Hyperliquid charges a small builder fee on close. Funding is paid hourly. Liquidations occur if your margin falls below the maintenance threshold.