Palladium perpetual contract specifications

PALLADIUM on Aperi is a perpetual derivative linked to Palladium. Its reviewed catalogue contract is xyz:PALLADIUM 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
Palladium (PALLADIUM)
Asset class
Commodities
Reviewed venue
hyperliquid
Native contract
xyz:PALLADIUM
Native market ID
hyperliquid.xyz.PALLADIUM.USDC
Collateral
USDC
Quote currency
USDC
Pricing model
Native order book
Classification
Perpetual derivative
Routing revision
aperi-static-v1-2026-10-07

What this contract represents

This contract does not deliver physical palladium. Contract units, reference prices, market closures and any roll treatment follow the native specification. Commodity contracts are not interchangeable with shares.

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.

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