PERPETUAL MARKET · 6 VENUES

MU market overview.

Live MU perpetual price, funding, and open interest on Hyperliquid, Bybit, OKX, RISEx, Lighter, and BloFin, recent MU liquidations and whale trades on Hyperliquid, plus the latest MU headlines.

MU$685.26 on OKX$339.52M 24h volume$249.22M open interest
Trade MUOpen MU in Proliquid with news, charts, and advanced orders.

MU funding and open interest

Funding detail
MU price, funding, and open interest by exchange
ExchangeMark price8h fundingAnnualizedOpen interest24h volume
OKX$685.26+0.0072%+7.89%$43.2M$157.38M
Hyperliquid$684.15+0.0089%+9.73%$175.28M$107.42M
Bybit$685.24+0.0024%+2.62%$27.01M$57.71M
Lighter$684.38+0.0240%+26.28%$2.91M$12.56M
BloFin$685.42+0.0111%+12.15%—$2.65M
RISEx$685.400.0000%0.00%$823.85K$1.8M

Updated . Prices and rates refresh about once a minute on page load. Funding is normalized to 8 hours so venues with different intervals compare fairly.

Recent MU liquidations

Liquidation map
Recent MU liquidations on Hyperliquid
Time (UTC)ActionSizePriceRealized PnL
No large MU liquidations in the current window.

2,722 open positions. Nearest liquidation: 2.95% below price for longs, 2.50% above price for shorts.

Recent MU whale trades

Whale positions
Recent large MU trades on Hyperliquid
Time (UTC)ActionSizePriceRealized PnL
Open Long$3.23M$713.70—

Updated . Trades and liquidations appear five minutes after they fill.

THE NEWS DESK

Latest MU news

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Proliquid fees to trade MU

Compare fees
Proliquid fee by venue for MU
ExchangeProliquid fee
HyperliquidFrom 0.02% (2 bps)Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate.
Bybit$0 Proliquid feeProliquid adds no fee on Bybit. Bybit trading fees apply.
OKX$0 Proliquid feeProliquid adds no fee on OKX. OKX trading fees apply.
RISExVolume-based Proliquid feeA volume-based Proliquid fee applies on RISEx. RISEx trading fees are separate.
LighterVolume-based Proliquid feeA volume-based Proliquid fee applies on Lighter. Lighter trading fees are separate.
BloFin$0 Proliquid feeProliquid adds no fee on BloFin. BloFin trading fees apply.

No subscription. Exchange trading fees are always separate.

THE PROLIQUID TERMINAL

Trade MU.
One terminal, 9 exchanges.

Proliquid connects Hyperliquid, Binance, Bybit, OKX, BloFin, RISEx, Lighter, Extended, and TXFlow. Open MU with live news matched to the market, charts, funding, and advanced orders in one workspace. Your keys and wallet stay on your device.

  • News, signals, and charts beside the order form
  • TWAP, chase, iceberg, and scale orders
  • No subscription
Open MU in TerminalFree to use. Connect your exchange to trade.
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READ THE MARKET

How to read MU perpetuals

The mark price is each venue's fair price for the MU perpetual and drives unrealized PnL and liquidations. Funding keeps the perpetual near its index: positive funding means longs pay shorts, negative funding means shorts pay longs. Open interest is the value of positions still open, so rising open interest with a rising price means new money is joining the move.

Large liquidations and whale fills show where leverage was flushed and where size is entering. Read them next to funding and the news flow before you size a trade.

Which MU price does this page show?

The headline price is the mark price of the MU perpetual on the venue with the most 24-hour volume. Each venue row lists its own mark, funding rate, open interest, and volume, refreshed about once a minute when the page loads.

What does Proliquid charge to trade MU?

Proliquid builder fee of 0.02% (2 bps) at VIP0, down to 0.005% (0.5 bps) at VIP4. Hyperliquid trading fees are separate. Proliquid adds no fee on Bybit. Bybit trading fees apply. Proliquid adds no fee on OKX. OKX trading fees apply. A volume-based Proliquid fee applies on RISEx. RISEx trading fees are separate. A volume-based Proliquid fee applies on Lighter. Lighter trading fees are separate. Proliquid adds no fee on BloFin. BloFin trading fees apply. Proliquid has no subscription.

Where do the MU liquidations and whale trades come from?

Liquidations and whale trades come from public Hyperliquid fills, shown with a five-minute delay. Wallet addresses are not listed on this page. The Proliquid whale tracker streams the same fills live.

How current is the MU news?

Headlines come from the Proliquid news engine's Important feed and appear here five minutes after publication. The news engine shows them live, matched to the markets they move.