Daily close and perpetual volume across tracked exchanges
Avalanche is a smart contract platform developed by Ava Labs. Its main C-Chain is compatible with the Ethereum Virtual Machine, and projects can launch their own custom blockchains, known as Avalanche L1s, connected to the wider network. AVAX pays fees, which are burned, and is staked by validators. Perps give traders leveraged exposure to the ecosystem, a simple way to short it, and a hedge for staked AVAX.
Ecosystem growth drives the asset's own story, from new Avalanche L1 launches and gaming projects to tokenisation pilots with financial institutions. Network activity and fee burn shape the supply side, while the wider altcoin market sets the tone. Binance leads perp volume, with MEXC, Bybit and OKX behind it. The Avalanche liquidation heatmap shows where leveraged positions cluster around the price.
AVAX funding rates AVAX open interest Avalanche liquidation heatmap AVAX long/short ratio
Every tracked AVAX perpetual market
| # | Exchange | Price | 24h | Volume 24h | Open interest | OI 24h | Funding 8h | L/S | Liq. 24h | ±1% depth | Trade |
|---|
Share of total · 24h change
Last 24h · long vs short
Last 4h · buy share of taker volume
Live answers use data from every tracked AVAX perpetual markets · updated
Loading live data…
Loading live data…
Avalanche is a proof-of-stake blockchain platform built by Ava Labs and known for fast transaction finality. It runs the EVM-compatible C-Chain and lets projects launch their own Avalanche L1 chains. AVAX is used for fees, staking and securing the network.
Loading live data…
Loading live data…
Avalanche L1s, previously called subnets, are independent blockchains that run on Avalanche's infrastructure with their own rules, validators and fee tokens. Companies and game studios use them to launch custom networks. Growth in L1 launches is one of the ecosystem measures AVAX traders follow.
Yes. AVAX has a hard cap of 720 million tokens, and transaction fees on the network are burned, which permanently removes them from supply. Staking rewards add new tokens over time, so net supply depends on how burns compare with issuance.
Loading live data…
Both are high-throughput layer 1 tokens and often move together on broad altcoin sentiment. Solana carries far more perp volume and open interest, so AVAX positioning can shift faster on smaller trades. Checking the SOL perpetual market shows whether a move is sector-wide or specific to Avalanche.
AVAX perpetual futures are derivatives contracts that track the price of AVAX and never expire. Instead of settling on a date, they use a funding rate to stay close to the spot price. You can go long or short with leverage without holding any AVAX.
Funding is a payment between longs and shorts. When AVAX perps trade above the index price, funding is positive and longs pay shorts. When they trade below it, shorts pay longs. Most exchanges settle every 8 hours and some, including Hyperliquid, settle every hour.
Compare venues, fees and features on the best perpetual exchanges page.
Coinperps does not give trading advice. Funding, open interest, the long/short ratio and liquidations show how other traders are positioned, but crowded positioning can last longer than expected. Size positions so a liquidation would not hurt you.
Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology