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NEAR Adds a 24/7 NIFTY 50 Derivative Contract on Hyperliquid

The contract supports up to 20x leverage and cross-chain funding, with positions tied to the index rather than shares.

Updated 1 min read
Commuters pass the National Stock Exchange headquarters in Mumbai’s Bandra Kurla Complex. / TokenPost.ai
Commuters pass the National Stock Exchange headquarters in Mumbai’s Bandra Kurla Complex. / TokenPost.ai

Crypto users can trade a NIFTY 50-linked perpetual on Hyperliquid at any hour following its addition by NEAR.

Leverage is capped at 20x. Users can fund positions through cross-chain transfers.

The addition gives crypto users another route to the Indian benchmark. Trade.xyz also has an around-the-clock NIFTY 50 perpetual, as EconoTimes reported in its earlier coverage of the contract.

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