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Silver Miners Junior Index (SILVERJM) Perpetual Futures

Silver Miners Junior Index (SILVERJM) Perpetual Futures — Live Data

Market Overview

The Silver Miners Junior Index is a thematic perpetual futures contract on Hyperliquid tracking small-cap and junior silver mining companies in exploration and early-stage production phases. Junior silver miners carry 4-6x the leverage to silver price movements compared to the metal itself, as marginal mines become viable or unviable within relatively small silver price ranges. Silver has both monetary (safe haven, inflation hedge) and industrial demand from solar panels, electronics, and EV battery contacts.

SILVERJM Perps Data — ETFs/Indices Category

Trading Tips for Silver Miners Junior Index Perps

SILVERJM provides amplified silver price exposure through junior mining equity — when silver is in a strong uptrend, junior miners can dramatically outperform the metal. Monitor silver industrial demand from solar manufacturing (China) and the gold/silver ratio for sector timing signals. Junior miner financing conditions matter — a risk-off environment can prevent mine development funding even if silver prices are supportive.

Where to Trade Silver Miners Junior Index (SILVERJM) Perpetual Futures

Silver Miners Junior Index (SILVERJM) perpetual futures are available on 2 exchanges. Compare fees, leverage, and features below to find the best platform for trading SILVERJM 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 — Silver Miners Junior Index (SILVERJM)

What is the current SILVERJM perpetual futures funding rate?
The live Silver Miners Junior Index (SILVERJM) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing SILVERJM perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest SILVERJM perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 SILVERJM perpetual futures trade across all major exchanges. Compare fees for SILVERJM perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does Silver Miners Junior Index open interest compare across exchanges?
Silver Miners Junior Index (SILVERJM) open interest is broken down by exchange in the chart above, showing the total value of outstanding SILVERJM 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 SILVERJM long/short ratio indicate?
The Silver Miners Junior 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 Silver Miners Junior Index index perpetual futures?
Silver Miners Junior 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 SILVERJM perpetual futures?
Silver Miners Junior Index (SILVERJM) 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