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Defense Index (DEFENSE) Perpetual Futures

Defense Index (DEFENSE) Perpetual Futures — Live Data

Market Overview

The Defense Index is a thematic perpetual futures contract on Hyperliquid tracking aerospace and defense sector equities including prime contractors, weapons systems manufacturers, and defense electronics companies. Defense perpetuals are driven by government budget allocations, geopolitical conflict developments, and NATO member country defense spending commitments. The sector has seen sustained multiple expansion since 2022 as European nations accelerated defense procurement in response to the Ukraine conflict.

DEFENSE Perps Data — ETFs/Indices Category

Trading Tips for Defense Index Perps

DEFENSE perps trend with geopolitical escalation cycles — NATO summit communiqués and major conflict developments are the primary directional catalysts. US defense appropriations bills and continuing resolution funding risks are recurring events that can temporarily pressure defense stocks. The sector tends to hold valuation well during broader market selloffs due to government contract revenue predictability.

Where to Trade Defense Index (DEFENSE) Perpetual Futures

Defense Index (DEFENSE) perpetual futures are available on 2 exchanges. Compare fees, leverage, and features below to find the best platform for trading DEFENSE perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5

Frequently Asked Questions — Defense Index (DEFENSE)

What is the current DEFENSE perpetual futures funding rate?
The live Defense Index (DEFENSE) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing DEFENSE perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest DEFENSE perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 DEFENSE perpetual futures trade across all major exchanges. Compare fees for DEFENSE perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does Defense Index open interest compare across exchanges?
Defense Index (DEFENSE) open interest is broken down by exchange in the chart above, showing the total value of outstanding DEFENSE derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the DEFENSE long/short ratio indicate?
The Defense Index long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
How can I trade Defense Index index perpetual futures?
Defense Index index perps are available on decentralized exchanges like Hyperliquid and dYdX. Create an account, deposit USDC or USDT as collateral, and open a long or short position with your desired leverage. Index perps trade 24/7, so you can react to market-moving events outside traditional trading hours.
Where can I trade DEFENSE perpetual futures?
Defense Index (DEFENSE) perps are currently listed on 2 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

Category: ETFs/Indices · Data updates every 2 minutes · All rates shown are annualized