iShares Expanded Tech-Software Sector ETF perpetual contract specifications
IGV on Aperi is a perpetual derivative linked to iShares Expanded Tech-Software Sector ETF. Its reviewed catalogue contract is para:IGV on hyperliquid, using USDC collateral. This is price exposure; the contract does not deliver shares or ownership of the underlying asset.
Reviewed contract identity
- Product
- iShares Expanded Tech-Software Sector ETF (IGV)
- Asset class
- ETFs
- Reviewed venue
- hyperliquid
- Native contract
- para:IGV
- Native market ID
- hyperliquid.para.IGV.USDC
- Collateral
- USDC
- Quote currency
- USDC
- Pricing model
- Native order book
- Classification
- ETF exposure
- Routing revision
- aperi-public-preipo-v1-2026-10-09
- Underlying unit
- One share of iShares Expanded Tech-Software Sector ETF.
- Price unit
- USD per ETF share; USDC collateral.
- Reference method
- Unlevered software-sector ETF tracking the S&P North American Expanded Technology Software Index.
- Settlement
- Paragon explicitly references one share of the listed iShares fund. Cash-settled perpetual exposure, without ETF ownership.
What this contract represents
iShares Expanded Tech-Software Sector ETF-linked perpetuals do not confer share or fund ownership, voting rights or guaranteed dividends. Corporate actions and reference adjustments follow the venue and deployer specification.
24/7 perpetual markets remain subject to market availability, venue halts, oracle limits and liquidity. Understand perpetuals and ownership.
Market data and availability
The terminal provides current public observations separately from this reviewed contract description. Prices, funding, leverage ceilings and quantity increments come from the native venue when available. Missing observations remain unavailable.
Order-book venues can expose quotes, books, trades and candle history, with individual source times. The catalogue may select another reviewed route under its liquidity policy; an existing position retains its original venue identity.
Funded trading on Aperi is currently disabled. Public data, account login and a connected wallet do not establish trading permission. Read our data methodology.
Collateral, costs and risk
The reviewed route uses USDC. Funds remain separate per venue; a combined portfolio does not provide shared collateral or automatic transfer authority. Aperi's proposed platform fee is 0.05% of notional, subject to builder qualification. Total costs also include venue fees, spread, slippage and funding.
Leverage can amplify losses and trigger liquidation. This is product documentation, not an investment recommendation. Risk disclosure · Collateral and fees · Funding and liquidation.