AI

Trade Zhipu AI (ZHIPU) 24/7, permissionless

A Chinese foundation-model company spun out of Tsinghua University, behind the open-weight GLM model series. It listed in Hong Kong in January 2026. Its home market is in China, in a time zone most US brokers never touch. Based carries the ZHIPU market 24/7 instead.

Zhipu AI (ZHIPU)

$144.68+9.0%24h

HKEX (Hong Kong) · China · quoted in USD

Trade ZHIPU

ZHIPU trading hours on Based vs a broker

When can you trade ZHIPU?BasedTraditional broker
Weekdays, 9:30am to 4pm ETOpenOpen
WeeknightsOpenClosed, or limited after-hours sessions
Saturdays and SundaysOpenClosed
Market holidaysOpenClosed

How trading ZHIPU works here

The ZHIPU market lives on Hyperliquid, a decentralised platform, as a perpetual future that tracks the Zhipu AI 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 do not own the underlying share, so there are no dividends and no voting rights. 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. Wondering how that compares to your current platform? See Based vs Interactive Brokers.

Fees are flat and public: stock perps start at 0.011% taker and 0.005% maker, all-in, before any staking discounts. The full schedule is on the fees page.

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Frequently asked questions

Can I trade ZHIPU on weekends?
Yes. The Zhipu AI market on Based runs 24 hours a day, 7 days a week, including Saturdays, Sundays and market holidays. There is no closing bell.
Do I need a broker to buy ZHIPU?
No. Based is not a broker. It is a self-custody wallet that connects you to Hyperliquid, the decentralised platform where the ZHIPU market runs. There is no brokerage account to open and no bank account required.
Do I own actual Zhipu AI shares on Based?
No. What you trade through Based is a perpetual future on Hyperliquid tracking the ZHIPU price: a derivative, not the share. No dividends and no voting rights, and like every perp it carries liquidation risk, with funding fees while a position is open.
What do I need to start trading ZHIPU?
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

  1. Step 1

    Connect a wallet

    Any self-custodial wallet works. No account application, no paperwork.

  2. Step 2

    Fund it

    Deposit USDC. You do not need a bank account to do it.

  3. Step 3

    Trade 24/7

    Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.

Open BasedHow self-custody works

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.