Price: mark price · perpetual futures / vs. 24h earlier / / Saved / stale
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
Saved open interest, contract count
Saved funding rate, per-hour decimal
A perpetual-futures reference on the price of palladium, a precious metal. Perpetual futures have no expiry date.
The displayed value is a Hyperliquid perpetual-futures reference. This contract references the XPD/USD spot price for one troy ounce. The underlying is quoted in USD/oz; this page displays a reference value in USDC.
Source: Hyperliquid · Last updated · Perpetual-futures reference value
References a commodity price. The reference is quoted in USDC. Hyperliquid xyz perpetual-futures reference.
How to read the chart
Reference chart of Hyperliquid perpetual-futures candles for Palladium, not the official cash-market chart.
Reference value and method
How the numbers and formulas on this page work: Symbol page guide.
Palladium 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.
This contract references the XPD/USD spot price for one troy ounce. The underlying is quoted in USD/oz; this page displays a reference value in USDC.
Observed value at 2026-09-27 22:04 UTC
- Asset class
- Commodity perpetual-futures reference
- Source
- Hyperliquid / xyz:PALLADIUM
- Price unit
- USDC reference
- Reference value
- USDC 1265.55
- 24h
- -0.37%
- Method
- Use the mid price; use the mark price only when no mid price can be obtained
- Referenced contracts
- xyz:PALLADIUM
- Observed time
- Saved observation
Ratio = 1265.55 / 1270.2 − 1 = -0.37% (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
2026-03-04 – 2026-10-08 · 219 daily candles (settled only). Daily candles are 24-hour perpetual-futures values, not official exchange closes.
- Low for this period
- USDC 1,117.7 (2026-10-07)
- High for this period
- USDC 1,751.9 (2026-03-05)
- Position
- 23.3%
- Reference used for position
- USDC 1265.55
- Observed at
Highs and lows after the collection period are not included.
About this symbol
It references the USD spot price of one troy ounce of palladium (XPD/USD). Platinum-group metals are used in catalytic converters for automobiles.
Sources: trade[XYZ] (contract issuer), U.S. Geological Survey (USGS), U.S. Geological Survey (USGS), trade[XYZ] (contract issuer).
The minimum price increment is $0.50 per troy ounce, or $50.00 for 1 contract. Approximately 140,000 kilograms of palladium and platinum was recovered worldwide in 2025, including approximately 50,000 kilograms from automotive catalysts in the United States. U.S. palladium mine production was 6,200 kilograms in 2025, against 10,200 kilograms in 2024. All of the above is from CME Group and the U.S. Geological Survey.
Sourced explanations (15)
Explanations may include summaries and translations. Follow the source links for the original text.
Contract and trading hours
-
It references the USD spot price of one troy ounce of palladium (XPD/USD). From the contract specification, retrieved 23 August 2026.
Source: trade[XYZ] (contract issuer)
-
For precious metals the external price comes from liquid spot markets. There is no futures roll, unlike energy and industrial metals. From the contract specification, retrieved 23 August 2026.
Source: trade[XYZ] (contract issuer)
-
External pricing runs from Sunday 18:00 ET to Friday 17:00 ET. A maintenance window applies from 17:00 to 18:00 ET, Monday through Thursday. From the contract specification, retrieved 23 August 2026.
Source: trade[XYZ] (contract issuer)
-
The minimum price increment is $0.50 per troy ounce. For 1 contract, it is $50.00. From the CME contract specification retrieved 25 August 2026.
Source: CME Group (NYMEX)
Business and products
-
Platinum-group metals are used in catalytic converters for automobiles. They are also used in catalysts for bulk-chemical production and petroleum refining, dental and medical devices, electronic applications, glass manufacturing, investment, jewelry and laboratory equipment. Figures published by the USGS in January 2025.
Source: U.S. Geological Survey (USGS)
Basic information
-
Palladium mine production was estimated at 190,000 kilograms worldwide in 2025. Russia produced 84,000, South Africa 70,000 and Canada 16,000 kilograms. From the USGS publication issued in February 2026.
Source: U.S. Geological Survey (USGS)
-
Reserves of platinum-group metals were estimated at more than 76,000,000 kilograms worldwide at the end of 2025. South Africa held 63,000,000 and Russia 11,000,000 kilograms. From the USGS publication issued in February 2026.
Source: U.S. Geological Survey (USGS)
-
About 140,000 kilograms of palladium and platinum were recovered globally from new and old scrap in 2025. That included about 50,000 kilograms of palladium recovered from automobile catalytic converters in the United States. From the USGS publication issued in February 2026.
Source: U.S. Geological Survey (USGS)
-
U.S. palladium import sources from 2021 to 2024 were South Africa 37%, Russia 36%, Belgium 6% and Canada 6%. From the USGS publication issued in February 2026.
Source: U.S. Geological Survey (USGS)
-
The standard unit for NYMEX palladium futures is 100 troy ounces, with a weight tolerance of 10% above or below that amount. From Chapter 106 of the NYMEX rules, retrieved 25 August 2026.
Source: CME Group (NYMEX)
-
A large unit is more than 110 and no more than 192.904 troy ounces. Delivery may also use 10 Accumulated Certificates of Exchange. From Chapter 106 of the NYMEX rules, retrieved 25 August 2026.
Source: CME Group (NYMEX)
-
Approximately 140,000 kilograms of palladium and platinum was recovered worldwide in 2025. Approximately 50,000 kilograms of that amount came from automotive catalysts in the United States. From USGS material published in February 2026.
Source: U.S. Geological Survey
-
U.S. palladium imports over 2021–24 came 37% from South Africa and 36% from Russia. From USGS material published in February 2026.
Source: U.S. Geological Survey
-
USGS states that approximately 25% of the platinum in diesel catalysts can be replaced with palladium, and up to 50% depending on the application. From USGS material published in February 2026.
Source: U.S. Geological Survey
-
U.S. palladium mine production was 6,200 kilograms in 2025. It was 10,200 kilograms in 2024. From USGS material published in February 2026.
Source: U.S. Geological Survey
Market observations Retrieved: 2026-09-27 22:04 UTC
24h volume Retrieved: 2026-09-27 22:04 UTC
- Notional (USDC)
- 9,556.38
- Contracts
- 7.525
- Nominal / quantity
- 1,270.001006Notional ÷ contracts, using the values before rounding; rounded to six decimal places
Open interest (OI) Retrieved: 2026-09-27 22:04 UTC
- Open interest (contracts)
- 1,994.545
- Mark price
- 1266.1
- Notional (contracts × mark price)
- 2,525,293.93Contracts × mark price, using the values before rounding; USDC, rounded to two decimal places
Funding rate Retrieved: 2026-09-27 22:04 UTC
Funding: Hourly 0.0000138002 = 0.00138002% (shown as a percentage); ×24 (daily conversion) = 0.03312048%; ×24×365 (365-day conversion) = 12.0889752% (simple multiplications, not accrued amounts). The marker in the diagram shows the sign only (this value is positive).
- Hourly
- 0.0000138002As a percentage: 0.00138002%
- ×24 (daily conversion)
- 0.03312048%
- ×24×365 (365-day conversion)
- 12.0889752%
Hyperliquid field names and values before rounding: notional = dayNtlVlm 9556.37657 USDC; contracts = dayBaseVlm 7.5247; open interest = openInterest 1994.5454 contracts; mark price = 1266.1; hourly funding rate = funding 0.0000138002.
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) |
|---|---|---|---|---|---|
| 1387.4 | 1385.0 | +0.17% | 1637.6022 | 110779.95988 | |
| 1380.75 | 1388.1 | -0.53% | 1675.0244 | 75322.39416 | |
| 1384.35 | 1381.4 | +0.21% | 1730.0402 | 484438.6757399998 | |
| 1371.95 | 1384.6 | -0.91% | 1879.755 | 384382.1742600001 | |
| 1370.05 | 1369.7 | +0.03% | 2088.1698 | 740649.8467399997 | |
| 1311.05 | 1371.6 | -4.41% | 2430.4816 | 672750.0725499999 | |
| 1319.85 | 1312.4 | +0.57% | 2535.4286 | 741700.99448 | |
| 1323.0 | 1320.1 | +0.22% | 2536.449 | 49219.44634 | |
| 1332.25 | 1327.9 | +0.33% | 2649.0286 | 322394.5973399999 | |
| 1291.55 | 1332.4 | -3.07% | 2684.7024 | 432345.98666 | |
| 1344.85 | 1290.7 | +4.20% | 2892.5218 | 1525126.4279800002 | |
| 1335.25 | 1343.3 | -0.60% | 2988.5298 | 909033.1476899998 | |
| 1350.85 | 1335.4 | +1.16% | 2765.498 | 441762.5761299999 | |
| 1341.8 | 1354.0 | -0.90% | 2736.7758 | 144378.2381799999 | |
| 1352.65 | 1343.5 | +0.68% | 2687.3024 | 120506.14454 | |
| 1359.85 | 1350.9 | +0.66% | 2601.0964 | 534680.5339800002 | |
| 1343.45 | 1359.7 | -1.20% | 2701.6556 | 423445.5756000003 | |
| 1332.2 | 1343.5 | -0.84% | 2658.853 | 428184.3447999999 | |
| 1352.3 | 1324.7 | +2.08% | 2688.482 | 544337.81489 | |
| 1423.0 | 1353.8 | +5.11% | 2172.4602 | 3018175.5450200001 | |
| 1436.15 | 1423.1 | +0.92% | 2196.7612 | 257904.82107 | |
| 1420.9 | 1436.0 | -1.05% | 1992.9978 | 618995.7705699999 | |
| 1370.45 | 1428.4 | -4.06% | 1808.5528 | 1685302.9031100005 | |
| 1314.55 | 1367.6 | -3.88% | 2033.4236 | 1122724.0234600001 | |
| 1345.4 | 1315.7 | +2.26% | 2250.4548 | 1190825.5446599999 | |
| 1422.85 | 1349.0 | +5.47% | 2139.6752 | 1647423.9738100001 | |
| 1393.45 | 1420.5 | -1.90% | 2163.0558 | 563536.21832 | |
| 1399.75 | 1392.9 | +0.49% | 2183.7866 | 191155.69183 | |
| 1391.15 | 1399.5 | -0.60% | 2179.9374 | 78535.80737 | |
| 1357.65 | 1351.2 | +0.48% | 2072.7892 | 362556.6482499999 | |
| 1283.05 | 1357.4 | -5.48% | 2067.2806 | 699151.8275500002 | |
| 1303.2 | 1281.7 | +1.68% | 2101.9348 | 430491.0333900001 | |
| 1312.55 | 1303.8 | +0.67% | 2102.464 | 176512.47802 | |
| 1289.2 | 1302.9 | -1.05% | 1972.1794 | 506007.0763499999 | |
| 1303.6 | 1287.6 | +1.24% | 1992.536 | 311139.98353 | |
| 1280.75 | 1305.0 | -1.86% | 2090.115 | 631818.1586500001 | |
| 1287.25 | 1281.2 | +0.47% | 2466.246 | 2273817.2061599987 | |
| 1303.55 | 1287.8 | +1.22% | 2187.1118 | 828589.8396199999 | |
| 1309.25 | 1302.6 | +0.51% | 2197.6614 | 96688.34214 | |
| 1307.45 | 1307.6 | -0.01% | 2197.0702 | 145534.8742 | |
| 1312.55 | 1308.0 | +0.35% | 2058.509 | 529471.9969800001 | |
| 1312.75 | 1314.0 | -0.10% | 1995.575 | 560824.59406 | |
| 1270.85 | 1308.9 | -2.91% | 2129.461 | 659708.8723800001 | |
| 1270.45 | 1271.4 | -0.07% | 2027.9282 | 225255.6497999999 | |
| 1270.95 | 1269.6 | +0.11% | 1992.9896 | 368756.4873 | |
| 1270.35 | 1272.0 | -0.13% | 1994.4036 | 48277.50128 | |
| 1265.55 | 1270.2 | -0.37% | 1994.5454 | 9556.37657 | |
| 1216.85 | 1269.0 | -4.11% | 2059.514 | 343652.5012400001 | |
| 1225.55 | 1216.9 | +0.71% | 2074.9634 | 414985.5802500001 | |
| 1211.4 | 1225.7 | -1.17% | 2157.4998 | 209564.7117899999 | |
| 1184.35 | 1207.9 | -1.95% | 2330.8882 | 654100.89427 | |
| 1171.55 | 1185.4 | -1.17% | 2287.8272 | 296298.14527 | |
| 1173.55 | 1171.5 | +0.17% | 2313.9088 | 49509.59504 | |
| 1177.8 | 1174.0 | +0.32% | 2299.246 | 33956.59434 | |
| 1179.55 | 1176.0 | +0.30% | 2593.8966 | 837930.76657 | |
| 1172.55 | 1176.3 | -0.32% | 2644.1814 | 280351.76871 | |
| 1123.75 | 1172.9 | -4.19% | 2733.7484 | 438028.2981099999 | |
| 1129.35 | 1123.1 | +0.56% | 2751.3468 | 223796.55384 | |
| 1151.75 | 1130.4 | +1.89% | 2698.9862 | 235229.20298 | |
| 1153.4 | 1151.6 | +0.16% | 2667.9484 | 84957.97172 | |
| 1153.55 | 1153.8 | -0.02% | 2686.6098 | 54583.72798 | |
| 1147.25 | 1152.6 | -0.46% | 2612.815 | 417102.8101100001 | |
| 1130.05 | 1144.0 | -1.22% | 2650.3578 | 439709.6689900002 | |
| 1097.5 | 1130.1 | -2.88% | 2602.7178 | 826892.1592300001 | |
| 1133.45 | 1096.7 | +3.35% | 2407.1484 | 921220.5304899999 | |
| 1117.1 | 1134.0 | -1.49% | 2503.5224 | 556446.2669 | |
| 1113.15 | 1116.9 | -0.34% | 2480.7628 | 88633.06352 |
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 1387.4; last mid price 1113.15; highest mid price in the period 1436.15; lowest mid price in the period 1097.5.
- First mid price2026-08-08 22:05:00.098 UTC
- 1387.4
- Last mid price2026-10-17 22:04:59.595 UTC
- 1113.15
- Highest mid price in the period2026-08-29 22:05:00.643 UTC
- 1436.15
- Lowest mid price in the period2026-10-14 22:04:48.387 UTC
- 1097.5
Market hours
| Trading hours | Local time 17:00-16:00 |
|---|---|
| Days | Weekdays. Check the related venue calendar for holidays. |
Other symbols in this group
Related articles
Frequently asked questions
Is this a cash price?
No. The displayed value is a Hyperliquid perpetual-futures reference. This contract references the XPD/USD spot price for one troy ounce. The underlying is quoted in USD/oz; this page displays a reference value in USDC.
Is there a contract rollover?
No. Precious metals reference cash-market spot prices, so no contract-month rollover occurs.
What are the units?
Gold, silver, platinum, and palladium use one troy ounce. Copper uses one pound, crude oil uses one barrel, and natural gas uses one MMBtu. All are denominated in USD.
What dates do the figures for uses and production refer to?
They are figures from publications by the U.S. Geological Survey (USGS) and the U.S. Energy Information Administration (EIA). Each entry states either the publication date or the data year in its text.