Daily brief / 2026-10-20 / US open

US open: stock perps on Hyperliquid, October 20, 2026

As of 09:26 ET (13:26 UTC), 4 minutes before the New York open, Hyperliquid's stock and index perps on trade.xyz hold $2.9B in open interest across 104 markets, and the S&P 500 perp trades at 7,680, -0.18% in 24h.

Stock perps OI
$2.9B
104 markets on trade.xyz
Stock perps 24h volume
$2.7B
0.90× open interest
S&P 500 perp
7,680
-0.18% in 24h

The tape before the bell

The 12 most-traded stock and index perps on trade.xyz. They trade 24/7, so the move outside market hours is already in the price. Funding is per hour; positive means longs pay.

MarketPerp24hSince closeFunding /hOpen interest24h volume
SKHX$915.78-6.38%-5.08%+0.03153%$364.2M$338.9M 0.9×
SP500$7,680-0.18%-0.14%-0.00041%$393.6M$293.0M 0.7×
XYZ100$29,427-0.53%-0.39%+0.00063%$290.4M$273.5M 0.9×
SNDK$1,337-2.27%-2.47%+0.00282%$123.6M$205.3M 1.7×
MU$889.44-3.08%-1.64%+0.00118%$145.8M$123.6M 0.8×
NVDA$216.28-1.11%-0.34%+0.00310%$103.6M$123.2M 1.2×
SOXL$95.22-8.91%-3.48%+0.00288%$36.4M$118.8M 3.3×
TSLA$370.25+3.83%+0.69%+0.00063%$64.6M$117.5M 1.8×
GOOGL$342.93+0.02%-0.52%+0.00172%$180.2M$112.1M 0.6×
DRAM$46.86-4.15%-3.01%+0.00110%$64.2M$99.5M 1.5×
SPCX$147.04-0.90%-0.82%+0.00162%$126.4M$98.3M 0.8×
SKHY$137.68-3.96%-3.80%-0.00133%$189.6M$94.5M 0.5×

What stands out

Whales in stock perps

MarketWhales longWhales shortNet
SKHX$4.3M$70.5M−$66.2M
SKHY$69.3M$0+$69.3M
GOOGL$1.7M$37.0M−$35.3M
MU$222.6K$31.0M−$30.8M
SNDK$3.1M$19.0M−$15.8M
DRAM$282.1K$16.8M−$16.5M
SP500$7.7M$6.6M+$1.1M
XYZ100$455.2K$13.4M−$13.0M

Where whale liquidations sit

MarketSideLiquidation priceDistanceNotional
AMDLONGS477.92−10.0%$212.4K
CRWVLONGS52.37−11.3%$88.8K
LLYSHORTS1,400+11.5%$425.9K
NOWSHORTS164.30+11.7%$565.1K
HIMSLONGS24.69−12.0%$326.2K
GMELONGS22.56−12.3%$66.8K
STRCSHORTS112.84+14.3%$102.0K
ZHIPUSHORTS70.32+14.4%$91.9K

Whale moves since the last close

MarketWalletMoveSize
SKHX0x0242…ffa1cut SHORT$19.9M → $15.2M
SKHX0xfc66…ca06added to SHORT$12.9M → $14.7M
XYZ1000xfc66…ca06cut SHORT$10.0M → $8.7M
SNDK0x0242…ffa1added to SHORT$5.1M → $9.9M
GOOGL0x0242…ffa1added to SHORT$6.8M → $8.4M
DRAM0x0242…ffa1cut SHORT$6.9M → $5.3M
SP5000xecb6…2b00added to SHORT$1.8M → $6.6M
SMSN0xfc66…ca06added to SHORT$4.9M → $5.5M
SP5000xfc66…ca06added to LONG$199.8K → $5.2M
SKHXBobbyBigSizeadded to LONG$2.9M → $3.3M
SPCX0x0242…ffa1added to SHORT$1.8M → $3.0M
SOXL0x0242…ffa1added to SHORT$2.6M → $2.9M

And 95 smaller moves.

Positions read on trade.xyz at 13:26 UTC from 40 of the 40 top Hyperliquid traders by 30-day PnL that WhaleTape tracks. Positions under $50K are left out.

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Facts from public Hyperliquid data, assembled by rule at 13:26 UTC. WhaleTape does not recommend buying or selling any security or perp. Not investment advice.