Markets
PLTR/QQQ
Palantir relative to Nasdaq
PLTR+0.59%PLTR leads · 24h+0.32%QQQ
Relative performance · indexed to 100
——1M
Catching up
Live data is catching up. This usually clears within a minute and refreshes on its own.
Base
PLTR
Palantir xStockPLTRx
- Mint
- XsoB…iAA4
- Decimals
- 8
Quote
QQQ
Nasdaq xStockQQQx
- Mint
- Xs8S…mWHZ
- Decimals
- 8
What this market measures
Tracks PLTR performance relative to QQQ.
The chart shows relative performance indexed to 100 at the start of the range. This is not the price of an Otus token and not the price of either asset - it is how PLTR has done against QQQ, which can rise even when both are falling.
The market's favourite momentum name against the technology index it outran.
Why a ratio, not two perps
- One position, one liquidation level
- A long-PLTR short-QQQ pair built from two perps can be liquidated on a market-wide wick: the long leg blows up before the short leg pays out, even when the view was right. A ratio position only cares whether PLTR outperforms; its liquidation level is a ratio level.
- Balanced by construction
- Two legs drift out of balance and need constant rebalancing. A ratio position cannot drift. It is the relationship itself.
- One margin, one fee
- Two legs cost double margin, double fees and double funding. One position halves all three.
- Pairs that exist nowhere else
- Many pairs cannot be assembled from existing perps at all, because one side has no perp market. Tokenized equities and long-tail Solana assets first among them.
- Identifier
- pltr-qqq
- Listed
- Sep 23, 2026
- Creator
- Unattributed
TradeWaiting for data
PLTR outperforms QQQ.
Leverage10×
Margin
USDC
USDC- Entry ratio
- —
- Liquidation ratio
- —(−10.0%)
- Position size
- 1,000.00
Margin settles to the Otus vault through a Jupiter swap from your wallet. Positions are marked against live ratios.