Loading the section
How much money sits in perpetual futures, and which way the total is moving
A perpetual future is a contract on a coin's price with no expiry date. Open interest on it is the total value of positions still held: how much money is riding on a price move right now. Open interest rising alongside the price means fresh money coming in; rising while the price falls means positions are being built against the move. The figure describes the state of play, not where the price will go.
Open interest
25.3 B $
2026-10-09
Change over 24 hours
—
Coins counted
613
Stablecoins issued
304.4 B $
The total covers the venues we watch: Binance, Bybit. Perpetual futures also trade on other exchanges, so this is close to, but not, the whole market.
The 24-hour change is shown only when the same coins and the same venues went into both figures: otherwise what grew would be our coverage, not the positions.