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Crypto pair

VS

HYPE vs PENDLE: Side-by-Side

Crypto vs Crypto up to 10x Funding every 1h 0.07% per side 86 markets

Comparing Hyperliquid with Pendle comes down to volatility, market structure and what each instrument actually tracks.

On this page Returns Risk and funding Side by side Verdict FAQ

HyperliquidHYPE-PERP · Canton

PendlePENDLE-PERP · Canton

VS

Price

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24h

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YTD return ——

30D volatility ——

Max leverage 10x5x

Both legs on Canborsa Sign up›

HYPE-PERP vs PENDLE-PERP

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Hyperliquid–Pendle Price ratio

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90d

Correlation

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PENDLE vs HYPE

Volatility ratio · 90d

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HYPE

1Y return spread

Returns by window · winner marked

Who returned more, window by window

Window

HYPE

PENDLE

Spread

1W

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1M

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3M

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1Y

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Performance · indexed overlay

HYPE vs PENDLE, indexed to 100

HYPE·PENDLE

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

HYPEPENDLE

30D · HYPE

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30D · PENDLE

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90D · HYPE

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90D · PENDLE

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Wider bar = more volatile. Values load with the live window.

Correlation · window

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−1−0.50+0.5+1

Daily returns on the measured window. +1 lockstep, 0 unrelated, −1 mirrors. Not a forecast.

Funding · APR on each leg

Funding on each side

HYPE-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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PENDLE-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

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FUNDING · $1,000 · 1 HOUR

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ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

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7 DAYS

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30 DAYS

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90 DAYS

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Head-to-head · spec by spec

Hyperliquid vs Pendle — the numbers side by side

Spec

HyperliquidHYPE-PERP · Canton

PendlePENDLE-PERP · Canton

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Asset class

Crypto

Crypto

Max leverage on Canborsa

10x

5x

Funding interval

1h

1h

Also trades on

24 platforms

14 platforms

Trading fees

 0.07% / side · 0.14% round-trip 

 0.07% / side · 0.14% round-trip 

Funding · APR

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Verdict

Both legs are crypto perpetuals on Canborsa, settled in USDC.

HYPE is live at up to 10x ; PENDLE is live at up to 5x . Trading fees are 0.07% per side ( 0.14% round-trip).

Both legs have their own market pages: Hyperliquid (HYPE) market hub ›Pendle (PENDLE) market hub ›

Frequently asked questions

What fees apply when trading Hyperliquid and Pendle?›

Trading Hyperliquid or Pendle on Canborsa costs 0.07% per side, or 0.14% for a full round trip.

What is Hyperliquid's ticker compared to Pendle's?›

Hyperliquid trades under the ticker HYPE and Pendle under PENDLE.

Do Hyperliquid and Pendle trade in the same market category?›

Hyperliquid and Pendle are both crypto assets on Canborsa.

How much leverage is available for Hyperliquid on Canborsa?›

Hyperliquid trades on Canborsa with up to 10x leverage; Pendle has no live market there.

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Crypto pair · Perpetual · —

Trade HYPE and PENDLE on Canborsa

More markets · one venue · crypto-native

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0.07% per side

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