Crypto perpetual market

Initia (INIT) market page

Initia (INIT) perpetual futures on Hyperliquid. Live price, open interest, funding rate, and order book on Hyperdash. Trade with up to 50x leverage.

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

Initia (INIT) perpetual market

For Initia perps, check the chart, leverage, funding or positioning context, and recent trade activity before choosing direction or size. Perps give price exposure; they are not ownership of the underlying asset. New to Hyperdash? Create an account or log in, deposit funds from a wallet, card, bank/ACH where available, or exchange deposit, then use the chart and docs to check liquidity, risk, and order flow before opening a trade. Create account or log in · Deposit funds · Read the onboarding docs · Open the terminal

Frequently asked questions

What is the maximum leverage available on INIT perps?

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

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.

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.

Where does Initia rank by market cap?

Initia is currently ranked #984 by total market capitalization across all cryptocurrencies.

What is Initia's circulating supply?

Approximately 196.47M 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 91% of their notional sits on the short side of the trade. View extremely profitable cohort.

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.

What is Initia's market cap?

Initia's circulating market cap is approximately $16.28M, calculated as circulating supply × current price.

What is Initia's fully diluted valuation?

Initia's fully diluted valuation is approximately $82.86M, 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.