Start Trading
Initia
Loading price
Price
24h change
24h volume
Open interest
Funding rate
Active traders

Key Trades

Biggest PNLs

Trader
Direction
Notional
PNL

Biggest open positions

Trader
Direction
Notional
UPNL

Frequently asked questions

Market information on Hyperdash is informational only and is not financial, investment, legal, or tax advice. Trading Initia (INIT) involves market risk and may not be suitable for every trader. MethodologyTerms

Crypto perpetual market

Initia (INIT) market page

Live Initia (INIT) price, 24h volume, open interest, and funding rate. Trade Initia 24/7 on Hyperdash, the most advanced trading terminal for Hyperliquid pro traders.

Ticker
INIT
Display name
Initia
Market class
Crypto perpetual market
Canonical URL
https://hyperdash.com/asset/INIT
Instrument
INIT
Market
INIT

Frequently asked questions

How do I trade Initia perps on Hyperdash?

Connect a wallet, deposit USDC, and place a long or short order on Initia (INIT) from the Hyperdash terminal. Funding settles every hour and the orderbook is fully on-chain on Hyperliquid. Trade Initia on Hyperdash.

How do I buy Initia?

On Hyperdash you can take long Initia (INIT) exposure through the Hyperliquid perpetual market. Connect a wallet, deposit USDC, and place a buy order. Hyperdash does not custody the underlying asset. Trade Initia on Hyperdash.

How do I trade Initia on Hyperliquid?

Trade Initia (INIT) on Hyperdash, the most advanced trading terminal for Hyperliquid pro traders. Hyperdash gives you live order books, real-time funding and open interest, on-chain cohort analysis, and one-click execution on every Hyperliquid market. Trade Initia on Hyperdash.

Where does Initia rank by market cap?

Initia is currently ranked #1118 by total market capitalization across all cryptocurrencies.

What is Initia's circulating supply?

Approximately 198.81M INIT are in circulation. The maximum supply is 1B.

How is smart money positioned on Initia?

The most profitable wallets on Hyperdash are net short Initia: about 92% of their notional sits on the short side of the trade. View extremely profitable cohort.

What is the maximum leverage available on INIT perps?

Hyperdash supports up to 3x leverage on Initia (INIT) perpetual contracts.

Should I long or short Initia?

Long or short Initia is your call. Review the chart, funding rate, open interest, and recent price action before opening a position. Hyperdash does not provide investment advice.

What is Initia's market cap?

Initia's circulating market cap is approximately $10.47M, calculated as circulating supply × current price.

What is Initia's fully diluted valuation?

Initia's fully diluted valuation is approximately $52.68M, calculated against the maximum eventual token supply.

What is Initia's all-time high price?

Initia's all-time high is $1.42, recorded on May 13, 2025.