MERL perpetual market on Hyperliquid

The MERL perpetual on Hyperliquid has a mark price of $0.0257, down 6.4% over 24 hours. Funding is 0.0013% per hour (10.95% annualized), paid every hour. Open interest is 17,805,236 MERL ($457.5K), with $79.1K traded in 24 hours and up to 3x leverage. Data as of 2026-10-17 21:35 UTC.