Trade Silver (SILVER) perps 24/7, permissionless
Both a precious metal and an industrial one, with demand split between investors, electronics and solar panels. Priced per troy ounce. Commodity news does not wait for the futures exchanges to reopen. On Based you can open or close a SILVER position at any hour, weekends included, long or short.
Silver (SILVER)
$69.11+0.8%24h
COMEX (CME) · Global · quoted in USD
SILVER trading hours on Based vs the futures market
Commodity futures trade nearly around the clock on weekdays, but they take a break every evening and shut down from Friday evening to Sunday evening, plus exchange holidays. The SILVER perp on Based runs 24/7: no daily break, no weekend close, no holiday calendar.
The trade-off is the instrument. It is a perpetual future tracking the silver price, not the physical commodity. Positions carry liquidation risk, and funding fees apply while they are open.
How trading SILVER works here
The SILVER market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the silver price. Based is the self-custody wallet you trade it from, not a broker. You get price exposure, long or short, with leverage available. You are not buying the physical commodity and nothing is ever delivered. Like every perp, positions carry liquidation risk, and funding fees apply while they are open.
Getting in takes a self-custodial wallet and USDC. No brokerage account, no bank account, no application.
Fees are flat and public: TradFi perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.
Related markets
Frequently asked questions
- Can I trade silver on weekends?
- Yes. Commodity futures close every weekday evening and stay shut from Friday evening to Sunday evening, plus exchange holidays. The SILVER perp on Based runs 24 hours a day, 7 days a week.
- Do I need a futures account to trade SILVER?
- No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the SILVER market runs. No futures account, no brokerage account and no bank account.
- Am I buying physical silver on Based?
- No. What you trade through Based is a perpetual future on Hyperliquid tracking the silver price: a derivative, with no delivery and nothing to store. Like every perp it carries liquidation risk, and funding fees apply while a position is open.
- What do I need to start trading SILVER?
- A self-custodial wallet and USDC to fund it. Connect the wallet, deposit, and trade. Setup usually takes a few minutes and does not involve an account application.
Start in three steps
- Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
- Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
- Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.
Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.