Hyperhub/DEXes/cash

17 live markets

DEX Profile

Dreamcash

Low-barrier USDT perpetuals with a mobile-first experience

24h Volume

$29.8M

Venue

Total OI

$47.3M

Open

Assets

Listed

Exclusive

Assets

Growth

Markets

Collateral

USDT

Margin

01 /

Live Markets

All active markets listed by Dreamcash. Click column headers to sort by volume, open interest, or funding.

Asset	Category	Price				Max Lev	Cross	Trade
INTC INTC	Stocks	$115.663	$7.4M	$1.3M	-0.0016%	20x	Yes	Trade↗
WTI WTI	CommoditiesExclusive	$88.1193	$4.2M	$1.9M	+0.0006%	10x	Yes	Trade↗
NVDA NVDA	Stocks	$215.315	$3.8M	$3.3M	+0.0038%	20x	Yes	Trade↗
MSFT MSFT	Stocks	$455.546	$2.7M	$803.0K	-0.0106%	20x	Yes	Trade↗
HOOD HOOD	Stocks	$94.996	$2.3M	$1.6M	+0.0035%	20x	Yes	Trade↗
META META	Stocks	$635.636	$1.9M	$5.2M	-0.0084%	20x	Yes	Trade↗
USA500 USA500	Indices	$7,594.240	$1.8M	$19.4M	-0.0011%	20x	Yes	Trade↗
GOOGL GOOGL	Stocks	$382.83	$1.5M	$1.0M	-0.0043%	20x	Yes	Trade↗
TSLA TSLA	Stocks	$436.697	$1.4M	$1.5M	-0.0098%	20x	Yes	Trade↗
EWY EWY	Indices	$207.8901	$1.1M	$1.0M	+0.0006%	20x	Isolated only	Trade↗
AMZN AMZN	Stocks	$271.915	$835.4K	$5.7M	+0.0062%	20x	Yes	Trade↗
SILVER SILVER	Commodities	$75.4802	$609.2K	$2.2M	+0.0012%	20x	Yes	Trade↗
GOLD GOLD	Commodities	$4,543.68	$191.7K	$2.0M	+0.0005%	20x	Yes	Trade↗
CAR CAR	StocksExclusive	$177.2723	$85.8K	$254.3K	+0.0006%	10x	Isolated only	Trade↗
KWEB KWEB	IndicesExclusive	$26.85982	$35.6K	$198.2K	+0.0029%	20x	Yes	Trade↗
BTC BTC	Crypto	$70,000.00	$0.00	$0.00	0.0000%	40x	Yes	Trade↗
ETH ETH	Crypto	$2,184.00	$0.00	$0.00	0.0000%	40x	Yes	Trade↗

02 /

About Dreamcash

A structured walkthrough of asset coverage, architecture, pricing, risk, and fees.

Protocol Overview & Architecture

USDT-settled HIP-3 markets accessed through web and mobile Dreamcash clients.

Dreamcash is a decentralized perpetual exchange built on Hyperliquid's HIP-3 framework. All Dreamcash (CASH) markets are linear contracts that are fully margined and cash-settled in USDT. This allows traders to speculate on traditional and global assets without complex FX conversions.

Users can access the protocol via the Dreamcash webapp or its dedicated mobile app.

Markets & Asset Directory

Leveraged markets up to 20x across indices, single names, and commodities.

US Equity Indices — US500.
International Equity Indices — EWY for South Korea and KWEB for China Internet.
Single Name Equities — Tech and growth leaders including TSLA, NVDA, GOOGL, META, MSFT, HOOD, AMZN, and INTC.
Commodities — GOLD, SILVER, and WTI crude oil.
Unique 23-Hour Blended Roll — For commodity futures such as WTI, switching between expiring contracts can cause artificial price gaps. Dreamcash employs a gradual blended roll over a full 23-hour trading session, shifting from 100% front-month to 100% next-month to prevent sudden price jumps and unnecessary liquidations.

Pricing & Oracle Mechanics

A published external-oracle pipeline plus distinct off-hours behavior.

Dreamcash utilizes a robust, independent, and verifiable oracle data pipeline: Pyth → SEDA → Relayer → Hyperliquid.

External Pricing (Regular Hours) — Sourced from Pyth Network's independent publishers. The mark price is calculated as the median of (1) the Pyth oracle price, (2) the oracle adjusted by a 150s EMA of the basis, and (3) a robust on-venue price built from the median of best bid, ask, and last trade.
Internal Pricing (Off Hours) — During weekends or daily maintenance breaks, the oracle shifts to an 8-hour exponentially weighted moving average (EWMA) of the impact-price difference, maintaining price discovery based on orderbook dynamics.
International Equities Smoothing — To handle poorer liquidity during US overnight hours, international indices use a 120-second EMA to smooth out oracle deviations.

Risk Controls & Protections

Safety Price Limits — To prevent manipulation and scam wicks, the mark price is strictly capped from moving too far from the last external oracle spot price. The maximum allowed gap is ±(1 / max leverage), such as ±5% for a 20x leverage market, during both normal and off-hours.
Margin Modes — All CASH markets are deployed in Isolated Margin mode by default.
Liquidations & ADL — Liquidations are strictly based on the mark price. The engine attempts to close under-margined positions via market orders, utilizing partial liquidations for large positions to reduce market impact. As there is no liquidator-vault backstop for these markets, Auto-Deleveraging (ADL) acts as the final transparent solvency mechanism to prevent bad debt in extreme conditions.

Fees & Funding Rates

Fees & Growth Mode — CASH markets operate with Growth Mode enabled, reducing standard all-in Hyperliquid trading fees by at least 90%. Depending on the interface used, the Dreamcash frontend charges 0.025% on the webapp and 0.045% on the mobile app. Traders can also stake HYPE tokens to unlock further tiered fee discounts.
Retail-Aligned Funding Rates — Dreamcash aims to reflect margin-loan economics at traditional retail brokers such as Robinhood, targeting a baseline of ~5.5% annualized. During off-hours such as weekends, the funding rate is hard-capped at ±5.5% annually to protect traders from extreme funding spikes.

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Asset Coverage

Category distribution across Dreamcash's listed perpetual markets.

Stocks9

Commodities3

Indices3

Crypto2

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Cross Margin Note

How cross-margin is scoped on Dreamcash.

Cross margin scope depends on your account mode. Standard Account: cross margin stays within the same HIP-3 DEX only. Unified Account / Portfolio Margin: DEXes sharing the same collateral (e.g. USDC or USDH) can cross-margin together. DEX Abstraction is not compatible with cross margin. Deployers enable cross margin per market — not every listing supports it.

USDT margin crosses within Dreamcash. Scope may expand under Unified Account if other DEXes use USDT. Enablement is per market, so not every listing on Dreamcash will necessarily support cross margin at launch.