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 company in rare earths and magnets.
Source: Hyperliquid · Last updated · Perpetual-futures reference value
Cash New York: 09:30–16:00. When closed: perpetual-futures reference. Hyperliquid xyz perpetual-futures reference.
How to read the chart
Reference chart of Hyperliquid perpetual-futures candles for USA Rare Earth, not the official cash-market chart.
Reference value and method
How the numbers and formulas on this page work: Symbol page guide.
USA Rare Earth 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
- Listed-company stock reference
- Source
- Hyperliquid / xyz:USAR
- Price unit
- USDC reference
- Reference value
- USDC 15.265
- 24h
- +0.61%
- Method
- Use the mid price; use the mark price only when no mid price can be obtained
- Referenced contracts
- xyz:USAR
- Observed time
- Saved observation
Ratio = 15.265 / 15.173 − 1 = +0.61% (shown as a percentage, rounded to two decimal places).
Hyperliquid field names: mid price = midPx; mark price = markPx; previous-day reference = prevDayPx.
Fundamental figures are the values filed by the issuer in its annual report (10-K) and retrieved through the SEC EDGAR companyfacts API. No estimate or interpolation is used. Reference P/E is the only derived value that divides a Hyperliquid reference by SEC EDGAR EPS; its complete formula is printed beside the result on the symbol page.
This site does not provide investment advice.
Range position
2026-01-26 – 2026-10-08 · 256 daily candles (settled only). Daily candles are 24-hour perpetual-futures values, not official exchange closes.
- Low for this period
- USDC 12.443 (2026-10-08)
- High for this period
- USDC 32.781 (2026-06-03)
- Position
- 13.9%
- Reference used for position
- USDC 15.265
- Observed at
Highs and lows after the collection period are not included.
About this symbol
One reportable segment is used. The company is putting together a domestic chain for making rare-earth magnets. The mineral claims cover a deposit called Round Top, in Hudspeth County, Texas.
All of the above is from the 10-K filed 30 March 2026.
Sourced explanations (10)
Explanations may include summaries and translations. Follow the source links for the original text.
Business and products
10-K filed:
-
One reportable segment is used. The company is putting together a domestic chain for making rare-earth magnets. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
The mineral claims cover a deposit called Round Top, in Hudspeth County, Texas. It lies about 8 miles south-east of Sierra Blanca and about 85 miles south-east of El Paso. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
State land is held under two mining leases covering 950 acres in total. Both expire in 2030. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
The elements sought are dysprosium, terbium, yttrium, and gadolinium. Gallium, hafnium, and zirconium are sought as well. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
Light rare earths are not in the recovery plan. The filing states that about 72% of the rare earths in the deposit are heavy rare earths. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
The process is limited to mining, crushing, heap leaching, and solvent extraction. Flotation and roasting are left out of the design. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
The deposit is at the exploration stage, and no mineral reserves are disclosed. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
Processing and magnet work sit at the company's own plant in Stillwater, Oklahoma. It measures 310,000 square feet and holds the full magnet production line. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
Phase 1a of sintered neodymium magnet production started in the first quarter of 2026. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
-
Less Common Metals of the United Kingdom was acquired on 18 November 2025. Its annual capacity is about 2,500 tonnes of metals and alloys. From the 10-K filed 30 March 2026.
Source: SEC EDGAR
People and history
10-K filed:
Employees numbered 132 as of 31 December 2025, all of them full-time.
Source: SEC EDGAR
Customers and regions
10-K filed:
In 2025 two customers accounted for 73% and 18% of revenue.
Source: SEC EDGAR
Fundamentals SEC EDGAR retrieved 2026-08-21
Source = SEC EDGAR companyfacts API, CIK 0001970622 (USA Rare Earth, Inc.). Extraction = us-gaap tags; form 10-K; fp FY; duration 340–400 days, excluding quarters. When more than one 10-K reports the same fiscal period end, the value from the last-filed 10-K is used. Years that could not be retrieved are not drawn.
USA Rare Earth, Inc. filings on SEC EDGAR (CIK 0001970622)
Annual revenue and net income
Axis = USD (billions) = 1,000,000,000 USD. Available annual periods = 2 (FY2024–FY2025). Revenue tag priority = RevenueFromContractWithCustomerExcludingAssessedTax → Revenues; the next tag is used only for a year missing from the prior tag. Net-income tag priority = NetIncomeLoss, under the same per-year fallback rule.
FY2024 Net income −15,735,000 USD, FY2025 Net income −297,559,000 USD are negative, so no bars are drawn. The exact values remain in the tables.
Latest 2 annual periods (unit USD)
| Fiscal year | Revenue | Net income | Net income / revenue |
|---|---|---|---|
| FY20242024-12-31 | 0 | −15,735,000 | Omitted (revenue 0) |
| FY20252025-12-31 | 1,643,000 | −297,559,000 | −18110.71% |
Net income / revenue uses only the two numbers in the same row and is rounded to two decimal places.
Annual diluted EPS (source currency per share)
Tag = EarningsPerShareDiluted. Per-share history can be restated after a stock split. From the latest 10-K, this table connects only filings whose values match exactly for every overlapping fiscal year. Displayed years = FY2024, FY2025 (2 years); latest filing date = 2026-03-30.
Years whose share basis could not be matched are not placed in this table. No split ratio or backward adjustment is calculated here.
Reference P/E
Reference P/E = 15.265 (reference at 2026-09-27 22:04 UTC) ÷ −3.31 (FY2025 diluted EPS · SEC EDGAR retrieved 2026-08-21) = -4.61 (rounded to two decimal places)
The numerator is the xyz:USAR perpetual-futures reference, not an official cash-market price. The denominator is diluted EPS reported in the issuer's annual filing. The two bases differ, so this derived value is not directly comparable with a published P/E ratio.
Market observations Retrieved: 2026-09-27 22:04 UTC
24h volume Retrieved: 2026-09-27 22:04 UTC
- Notional (USDC)
- 89,209.35
- Contracts
- 5,844.050
- Nominal / quantity
- 15.264987Notional ÷ contracts, using the values before rounding; rounded to six decimal places
Open interest (OI) Retrieved: 2026-09-27 22:04 UTC
- Open interest (contracts)
- 235,155.180
- Mark price
- 15.277
- Notional (contracts × mark price)
- 3,592,465.68Contracts × mark price, using the values before rounding; USDC, rounded to two decimal places
Funding rate Retrieved: 2026-09-27 22:04 UTC
Funding: Hourly -0.0001209501 = -0.01209501% (shown as a percentage); ×24 (daily conversion) = -0.29028024%; ×24×365 (365-day conversion) = -105.9522876% (simple multiplications, not accrued amounts). The marker in the diagram shows the sign only (this value is negative).
- Hourly
- -0.0001209501As a percentage: -0.01209501%
- ×24 (daily conversion)
- -0.29028024%
- ×24×365 (365-day conversion)
- -105.9522876%
Hyperliquid field names and values before rounding: notional = dayNtlVlm 89209.34587 USDC; contracts = dayBaseVlm 5844.05; open interest = openInterest 235155.18 contracts; mark price = 15.277; hourly funding rate = funding -0.0001209501.
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) |
|---|---|---|---|---|---|
| 20.0865 | 19.371 | +3.69% | 70507.52 | 307513.88866 | |
| 19.931 | 20.077 | -0.73% | 73993.66 | 247389.78817 | |
| 17.338 | 19.902 | -12.88% | 75000.7 | 1478598.54602 | |
| 18.8765 | 17.233 | +9.54% | 69406.38 | 1368770.4288100002 | |
| 18.402 | 18.883 | -2.55% | 67575.62 | 591619.6767600001 | |
| 18.648 | 18.397 | +1.36% | 71016.4 | 326120.17838 | |
| 20.0965 | 18.626 | +7.89% | 64684.3 | 1077713.2423200002 | |
| 20.046 | 20.083 | -0.18% | 66485.96 | 93921.50152 | |
| 19.206 | 20.198 | -4.91% | 68432.76 | 628241.2041900001 | |
| 18.528 | 19.191 | -3.45% | 77239.24 | 448433.6361000001 | |
| 18.2245 | 18.522 | -1.61% | 77985.58 | 651797.5876100003 | |
| 17.208 | 18.203 | -5.47% | 110659.5 | 1230384.9052400002 | |
| 19.2765 | 17.213 | +11.99% | 70919.88 | 1164600.60448 | |
| 18.9995 | 19.29 | -1.51% | 70922.94 | 118999.01353 | |
| 19.6325 | 19.02 | +3.22% | 73514.86 | 95098.12013 | |
| 18.326 | 19.62 | -6.60% | 72418.04 | 818630.1464399999 | |
| 19.502 | 18.32 | +6.45% | 67596.44 | 398974.3395 | |
| 18.9865 | 19.504 | -2.65% | 67401.74 | 707315.8943900001 | |
| 19.171 | 18.997 | +0.92% | 71932.56 | 715716.54724 | |
| 18.0375 | 19.198 | -6.04% | 81171.98 | 685306.7647899998 | |
| 18.2385 | 18.054 | +1.02% | 82365.28 | 65811.78211 | |
| 18.2275 | 18.231 | -0.02% | 83837.9 | 62590.83048 | |
| 17.8405 | 18.227 | -2.12% | 80286.16 | 519517.0628900001 | |
| 17.3025 | 17.858 | -3.11% | 93928.56 | 887159.5442299998 | |
| 17.8485 | 17.311 | +3.10% | 97040.48 | 542122.6598699997 | |
| 17.7165 | 17.85 | -0.75% | 84030.54 | 595593.8083899998 | |
| 17.3245 | 17.723 | -2.25% | 103610.94 | 1086547.8704499996 | |
| 17.729 | 17.384 | +1.98% | 103251.12 | 100928.24633 | |
| 17.767 | 17.731 | +0.20% | 100146.4 | 71638.52873 | |
| 17.1135 | 17.781 | -3.75% | 113504.6 | 438381.9929799998 | |
| 16.1045 | 17.111 | -5.88% | 162224.06 | 935696.2072099999 | |
| 15.6155 | 16.101 | -3.02% | 185662.08 | 1189823.9201100003 | |
| 15.6525 | 15.617 | +0.23% | 183906.32 | 70579.13864 | |
| 15.7695 | 15.373 | +2.58% | 176720.94 | 478484.0535499999 | |
| 15.4245 | 15.785 | -2.28% | 173852.06 | 310002.5266799999 | |
| 15.2245 | 15.42 | -1.27% | 183638.54 | 747139.61566 | |
| 15.7 | 15.215 | +3.19% | 180863.5 | 1047845.0890500001 | |
| 15.5245 | 15.711 | -1.19% | 164427.14 | 1391090.5705600004 | |
| 15.6035 | 15.541 | +0.40% | 156620.16 | 211046.7559 | |
| 15.7515 | 15.613 | +0.89% | 160327.46 | 118905.37059 | |
| 16.8745 | 15.644 | +7.87% | 151833.32 | 935976.76324 | |
| 17.0035 | 17.066 | -0.37% | 144960.02 | 634056.8703599997 | |
| 15.9435 | 17.025 | -6.35% | 161353.64 | 551412.3513199999 | |
| 15.42 | 15.942 | -3.27% | 241294.54 | 1620041.0435700007 | |
| 15.2335 | 15.418 | -1.20% | 228656.62 | 1493939.2584899997 | |
| 15.1695 | 15.231 | -0.40% | 229002.02 | 50913.9851 | |
| 15.265 | 15.173 | +0.61% | 235155.18 | 89209.34587 | |
| 14.495 | 15.32 | -5.39% | 294784.34 | 1310015.87372 | |
| 14.164 | 14.496 | -2.29% | 334559.84 | 714317.8193299997 | |
| 14.161 | 14.162 | -0.01% | 297352.36 | 1093183.6326100004 | |
| 13.8365 | 14.156 | -2.26% | 307793.6 | 720848.4856600001 | |
| 13.618 | 13.842 | -1.62% | 321945.28 | 663632.3175899999 | |
| 13.7205 | 13.613 | +0.79% | 323531.32 | 60038.11802 | |
| 13.801 | 13.743 | +0.42% | 318574.02 | 178425.2983699999 | |
| 13.7 | 13.806 | -0.77% | 324564.32 | 672696.9245299996 | |
| 13.8425 | 13.697 | +1.06% | 332099.76 | 464542.2656400001 | |
| 13.2755 | 13.851 | -4.15% | 261863.16 | 1680480.4960599996 | |
| 12.667 | 13.279 | -4.61% | 252748.28 | 1215807.5330400001 | |
| 12.612 | 12.675 | -0.50% | 247285.62 | 344911.6130199999 | |
| 12.6025 | 12.61 | -0.06% | 247039.66 | 75609.57216 | |
| 12.6985 | 12.601 | +0.77% | 247843.28 | 23811.55842 | |
| 11.8845 | 12.712 | -6.51% | 194239.76 | 1858361.9951300004 | |
| 11.3025 | 11.883 | -4.89% | 193898.16 | 992117.4882999999 | |
| 10.3765 | 11.305 | -8.21% | 175835.7 | 1853878.2362299999 | |
| 11.2175 | 10.371 | +8.16% | 161148.24 | 1520322.8628289998 | |
| 10.5325 | 11.223 | -6.15% | 165903.94 | 858292.1925999997 | |
| 10.3645 | 10.521 | -1.49% | 165594.86 | 268539.5437599999 |
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 20.0865; last mid price 10.3645; highest mid price in the period 20.0965; lowest mid price in the period 10.3645.
- First mid price2026-08-08 22:05:00.098 UTC
- 20.0865
- Last mid price2026-10-17 22:04:59.595 UTC
- 10.3645
- Highest mid price in the period2026-08-14 22:05:01.473 UTC
- 20.0965
- Lowest mid price in the period2026-10-17 22:04:59.595 UTC
- 10.3645
Market hours
| Trading hours | New York time 09:30-16:00 |
|---|---|
| Days | Weekdays. Check the related venue calendar for holidays. |
Other symbols in this group
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Frequently asked questions
What are USA Rare Earth's annual revenue and net income?
The latest available annual filing (10-K) reports FY2025 ending 2025-12-31: revenue 1,643,000 USD and net income −297,559,000 USD. The figures were retrieved from SEC EDGAR on 2026-08-21. A missing figure is omitted rather than estimated.
How is the reference P/E for USA Rare Earth calculated?
The live xyz:USAR perpetual-futures reference is divided by FY2025 diluted EPS of USD −3.31 per share, then rounded to two decimal places. The exact numerator, denominator, retrieval time, and result are printed in the Reference P/E formula. The reference is not an official cash-market price, so its basis differs from a published P/E ratio.
Are the USA Rare Earth chart and the figures below the same data?
No. The chart and Market observations use the live Hyperliquid perpetual-futures response. Fundamentals use annual figures filed with the SEC and retrieved on 2026-08-21. Only the Reference P/E combines the two, and its formula is printed beside the value.