Nikkei 225Reference
64,745+2.21%Difference +1,398

Price: mark price · perpetual futures / vs. 24h earlier / / Saved / stale

Five daily saved mark prices, 2026-10-15 to 2026-10-19 / Low 63,346 · High 65,485

Price-discovery chart

Solid line = the referenced cash market is in session / dotted line = outside the session (overnight and weekends); both show the same perpetual-futures reference value (line styles are not distinguished at narrow display widths). About the data

Open interest (contracts)44.7318 contracts

Saved open interest, contract count

Funding rate (per hour)0.0000148343

Saved funding rate, per-hour decimal

A stock index made up of 225 companies listed on the Tokyo Stock Exchange.

Source: Hyperliquid · Last updated · Perpetual-futures reference value

Cash Tokyo: 09:00–11:30 / 12:30–15:30. When closed: perpetual-futures reference. Hyperliquid xyz perpetual-futures reference.

How to read the chart

Reference chart of Hyperliquid perpetual-futures candles for Nikkei 225, not the official cash-market chart.

Reference value and method

How the numbers and formulas on this page work: Symbol page guide.

Nikkei 225 is shown as a Hyperliquid perpetual-futures reference, and 24h compares against the previous-day reference for the same contract, not a cash price, official index, exchange close, or cash previous close.

Observed value at 2026-09-27 22:04 UTC

Asset class
Index perpetual-futures reference
Source
Hyperliquid / xyz:JP225
Price unit
Index-point equivalent
Reference value
66396.50
24h
-0.38%
Method
Use the mid price; use the mark price only when no mid price can be obtained
Referenced contracts
xyz:JP225
Observed time
Saved observation

Ratio = 66396.5 / 66651.0 − 1 = -0.38% (shown as a percentage, rounded to two decimal places).

Hyperliquid field names: mid price = midPx; mark price = markPx; previous-day reference = prevDayPx.

This site does not provide investment advice.

Range position

2026-04-09 – 2026-10-08 · 183 daily candles (settled only). Daily candles are 24-hour perpetual-futures values, not official exchange closes.

Low for this period
55,000 (2026-04-09)
High for this period
73,441 (2026-06-22)
Position
61.8%
Reference used for position
66396.5
Observed at

Highs and lows after the collection period are not included.

Symbol facts and market observations

About this symbol

The index is made up of 225 issues listed on the Prime Market of the Tokyo Stock Exchange. It is a price-weighted index calculated from those share prices. Nikkei Inc. calculates and publishes the index.

Sources: Nikkei Inc., trade[XYZ] (contract issuer).

Sourced explanations (18)

Explanations may include summaries and translations. Follow the source links for the original text.

Composition and methodology

  • The index is made up of 225 issues listed on the Prime Market of the Tokyo Stock Exchange. It is a price-weighted index calculated from those share prices. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • Nikkei Inc. calculates and publishes the index. Calculation began on 7 September 1950. The Tokyo Stock Exchange calculated it at first, and Nikkei Inc. has calculated it since 1970. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • This contract references the index level in its native yen terms. No FX conversion is applied. Profit and loss is cash-settled in USDC. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • Spot index values are available from 9:00 to 11:30 and 12:30 to 15:30 Japan time. Outside those hours the level is derived from index futures quotes. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

  • The constituent list is reviewed twice a year. The base dates are the end of January and the end of July, and the changes take effect at the beginning of April and October. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • The index is calculated every 5 seconds. That interval has been in place since 18 July 2017. The level is stated to two decimal places. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • The index is the sum of the constituent share prices, each adjusted by a price adjustment factor, divided by the divisor. The divisor is adjusted when constituents are removed or added so that the series stays continuous. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • When one constituent's weight exceeds a threshold, a capping ratio is applied to reduce it. The threshold was introduced at 12% at the October 2022 periodic review. It was lowered to 11% in October 2023 and to 10% in October 2024. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • ETFs, REITs, preferred stocks, preferred securities and tracking stocks are not selected as constituents. From the index guidebook dated 24 July 2025.

    Source: Nikkei Inc.

  • Regular constituent reviews take effect on the 1st business day of month 04 and month 10 each year. The reference dates are the ends of month 01 and month 07. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The maximum number of constituents replaced at a regular review is 3. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The 450 TSE Prime-listed stocks with the highest market liquidity form the high-liquidity group. The top 75 stocks not already included are selected. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The index is calculated by multiplying each stock price by its price adjustment factor, summing the results, and dividing by the divisor. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The cap level has been 10% at regular reviews since 2024-10. It was 12% when introduced in 2022-10. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The calculation interval is 5 seconds and has applied since 2017-07-18. The opening value is the value as of 09:00:05 a.m. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

  • The index value is rounded at the 3rd decimal place and shown to 2 decimal places. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

Contract and trading hours

  • Internal pricing applies on weekdays from 6:00 to 7:00 Japan time, and from Saturday 6:00 to Monday 7:00. From the contract specification, retrieved 23 August 2026.

    Source: trade[XYZ] (contract issuer)

Basic information

  • Market liquidity is measured using trading value and price fluctuation per trading value. The measurement period is 5 years. From the published source retrieved on 2026-08-25.

    Source: Nikkei Inc.

Market observations Retrieved: 2026-09-27 22:04 UTC

24h volume Retrieved: 2026-09-27 22:04 UTC

Notional (USDC)
133,181.52
Contracts
2.000
Nominal / quantity
66,590.092899Notional ÷ contracts, using the values before rounding; rounded to six decimal places

Open interest (OI) Retrieved: 2026-09-27 22:04 UTC

Bars: OI nominal 3,241,358.26 USDC vs 24h turnover 133,181.52 USDC at the actual ratio, with 100% width = OI nominal 3,241,358.26 USDC.
Open interest (contracts)
48.831
Mark price
66379.0
Notional (contracts × mark price)
3,241,358.26Contracts × mark price, using the values before rounding; USDC, rounded to two decimal places

Funding rate Retrieved: 2026-09-27 22:04 UTC

Funding: Hourly 0.0000336021 = 0.00336021% (shown as a percentage); ×24 (daily conversion) = 0.08064504%; ×24×365 (365-day conversion) = 29.4354396% (simple multiplications, not accrued amounts). The marker in the diagram shows the sign only (this value is positive).

Hourly
0.0000336021As a percentage: 0.00336021%
×24 (daily conversion)
0.08064504%
×24×365 (365-day conversion)
29.4354396%

Hyperliquid field names and values before rounding: notional = dayNtlVlm 133181.5176 USDC; contracts = dayBaseVlm 2.00002; open interest = openInterest 48.83108 contracts; mark price = 66379.0; hourly funding rate = funding 0.0000336021.

Daily observation log (67 saved daily records) Latest: 2026-10-17 22:04:59.595 UTC

Latest: 2026-10-17 22:04:59.595 UTC · Records with missing fields: 0/67 · Missing dates: 4

Show 67 saved daily records

Hyperliquid field names: Mid price = midPx; Previous-day reference = prevDayPx; Open interest = openInterest; 24h notional volume (USDC) = dayNtlVlm. vs previous-day reference = midPx / prevDayPx - 1.

Scroll horizontally to see all columns.

Observed at (UTC) Mid price Previous-day reference vs previous-day reference Open interest 24h notional volume (USDC)
66098.5 65980.0 +0.18% 18.93374 301170.0224799999
66139.5 66160.0 -0.03% 20.96982 154326.64633
66683.5 65985.0 +1.06% 26.4184 1677167.2072499997
67105.5 66636.0 +0.70% 24.25892 1083195.1839600001
68430.0 67186.0 +1.85% 141.08042 6913870.0832100017
69186.0 68476.0 +1.04% 26.7201 10443151.6254100055
68758.0 69150.0 -0.57% 21.65288 1712155.2714900002
68469.5 68622.0 -0.22% 21.15168 76770.4356
69049.5 68617.0 +0.63% 23.17754 1036264.2775799999
66037.0 68952.0 -4.23% 34.19964 2730535.7962100008
66300.0 66088.0 +0.32% 31.39034 3412552.1200099983
65415.0 66243.0 -1.25% 34.19862 1985796.4695600003
65906.5 65483.0 +0.65% 31.7195 3220855.9465899998
65802.5 65835.0 -0.05% 31.46932 44215.87735
65894.5 65772.0 +0.19% 31.91882 70127.39421
65359.5 65999.0 -0.97% 24.52286 1532405.7396000002
66116.5 65424.0 +1.06% 21.70932 2411233.4993399992
66783.5 65995.0 +1.19% 17.92942 1884640.9313100001
66123.0 66424.0 -0.45% 19.36194 2634472.6813000008
65803.0 66328.0 -0.79% 21.08222 1171566.6946500002
65715.0 65718.0 0.00% 21.537 54404.53267
65579.5 65804.0 -0.34% 21.63174 645836.3943600002
65851.5 65613.0 +0.36% 20.62484 1424295.0544699999
64799.5 65844.0 -1.59% 24.8784 2010789.1878799999
64621.0 64776.0 -0.24% 23.48472 2196867.3672400005
64738.5 64689.0 +0.08% 26.68954 1555102.0438899996
65235.5 64654.0 +0.90% 20.56982 1974470.5818699994
65752.0 65186.0 +0.87% 22.55134 651432.1084200003
66297.5 65682.0 +0.94% 21.47664 555235.1905799996
64414.0 65081.0 -1.02% 26.86598 2887007.1302600005
64026.0 64376.0 -0.54% 28.51684 2990780.6867599981
64876.5 64022.0 +1.33% 33.54534 4155566.9125600001
64867.0 64857.0 +0.02% 33.70432 90995.71659
63428.5 64241.0 -1.26% 43.28162 2273063.1280100006
63611.5 63556.0 +0.09% 44.53018 1350332.2800299998
64301.5 63642.0 +1.04% 46.4724 1371914.2715299998
65018.5 64329.0 +1.07% 36.85392 1634779.5095799998
65217.5 65025.0 +0.30% 38.03714 1358896.8021600007
65445.5 65200.0 +0.38% 37.23364 225117.1082900001
64928.5 65442.0 -0.78% 33.87724 273806.1038900001
66560.5 65182.0 +2.11% 40.6115 1474852.9001300023
67068.0 66510.0 +0.84% 42.5176 2522429.6948899995
66183.0 67115.0 -1.39% 48.49006 995244.7033000001
65746.5 66223.0 -0.72% 54.00632 1609934.4705100008
66749.5 65663.0 +1.65% 49.061 1067406.88017
66586.0 66749.0 -0.24% 49.4816 75528.69087
66396.5 66651.0 -0.38% 48.83108 133181.5176
65530.0 66618.0 -1.63% 157.65058 7104054.8013500012
66248.5 65606.0 +0.98% 67.25556 7147088.851630006
66849.0 66082.0 +1.16% 55.60736 3216150.964029999
68157.5 66749.0 +2.11% 104.66722 4844869.0768699972
69750.5 68160.0 +2.33% 58.35022 10854899.2806200013
69771.0 69769.0 0.00% 57.0306 130639.57495
69647.0 69719.0 -0.10% 56.13764 91341.86719
69970.5 69710.0 +0.37% 48.83202 1826463.3523900001
70858.5 70084.0 +1.11% 57.56102 1522964.7810799999
69687.5 70926.0 -1.75% 48.67012 2684539.2051499989
68274.5 69652.0 -1.98% 50.01108 3073557.4485199996
69051.0 68407.0 +0.94% 42.54232 2972013.9322400009
68845.5 69073.0 -0.33% 42.21538 138206.31814
69051.5 68779.0 +0.40% 43.2672 109526.18198
68302.5 69065.0 -1.10% 40.34332 3163773.0677800011
67983.5 68239.0 -0.37% 46.79534 3527442.1660099979
66441.0 67972.0 -2.25% 51.07326 5671634.0235899994
65446.5 66462.0 -1.53% 50.29082 5528515.4963699998
63318.0 65610.0 -3.49% 48.57506 4639127.8641399983
63531.5 63323.0 +0.33% 50.51138 1161020.8432

Dates without a saved record in the displayed period: 2026-08-16, 2026-09-07, 2026-09-08, 2026-09-13.

Period range (67 records with a mid price)

Period range over 67 daily log rows: first mid price 66098.5; last mid price 63531.5; highest mid price in the period 70858.5; lowest mid price in the period 63318.0.

First mid price2026-08-08 22:05:00.098 UTC
66098.5
Last mid price2026-10-17 22:04:59.595 UTC
63531.5
Highest mid price in the period2026-10-06 22:04:47.259 UTC
70858.5
Lowest mid price in the period2026-10-16 22:04:53.055 UTC
63318.0

Market hours

Market hours
Trading hours Tokyo time 09:00-11:30 / 12:30-15:30
Days Weekdays. Check the related venue calendar for holidays.

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Frequently asked questions

Is this number the index itself?

It is not the index value itself. It is a reference value for a perpetual futures contract on the index. During the hours when the cash index is calculated, the contract references that index value. Outside those hours, it derives an index-equivalent value from index futures quotes.

Why does it move while the local market is closed?

Outside the hours when the cash index is calculated, an index-equivalent value is derived from index futures quotes. The calculation hours for each index are stated in “About this symbol.”

Is currency conversion included?

Yen- and won-denominated indices reference their local-currency index values without currency conversion. Profit and loss is settled in USDC.

Is a list of index constituents available?

No. Constituents can change. “About this symbol” states only the rules and timing for constituent changes.