When do stock and gold perps trade?

The 51 stock, index, commodity and FX perps on SilkDEX can be traded 24/7, but their price reference follows the hours of the underlying market — US stocks, CME futures or forex. While that market is closed the terminal shows “Market off”: you can still trade, but the index price is frozen at its last value, liquidity is thinner and the price can gap when the market reopens.

Sessions on SilkDEX

Session	Hours	Markets	For example
US extended stock hours	24/5, Mon–Fri ET	34	AAPL-USDC, MSFT-USDC, AMZN-USDC, META-USDC
CME futures hours	Sun 17:00 – Fri 16:00 CT, daily break	10	SPX500-USDC, NAS100-USDC, XAU-USDC, XAG-USDC
US regular stock hours	Mon–Fri 09:30–16:00 ET	4	NVDA-USDC, TSLA-USDC, GOOGL-USDC, EWY-USDC
forex hours	24/5, Sun 17:00 – Fri 17:00 ET	2	EURUSD-USDC, USDJPY-USDC
Hong Kong stock hours	Mon–Fri 09:30–12:00, 13:00–16:00 HKT	1	UNITREE-USDC

What changes while the market is closed

The index price is frozen at its last value.
Orderly lets the mark price move further from the index (about 1–1.5%, versus 0.2–0.3% in market hours).
Liquidity is thinner and spreads wider.
The price can gap at the open, and stop orders can fill at a worse price.
Crypto markets never close.

By asset class: stocks, indices and ETFs, commodities, forex.

FAQ

Can I trade stock perps on the weekend?

Yes, trading never stops. But the US market is closed, so the index is frozen, liquidity is thinner and the price can gap when it reopens on Monday.

Why did my stock perp jump at the open?

While the market was closed the index stayed at its last value; at the open it updates to the new market price in one step and the mark price follows. After big news the jump can be large.

Source: Orderly: Mark price, index price and last price. SilkDEX figures from Orderly's public API as of 2026-10-13.