Livepeer (LPT) Perpetual Futures

The open-interest-weighted LPT funding rate is +0.0018% per 8 hours, or +1.92% annualised. Positive funding means longs pay shorts. Compare all funding rates.

LPT perpetual open interest is $12.52M (7.14M LPT), down 4.45% in 24 hours. Binance holds the most at $3.21M. That is 14.50% of Livepeer's market cap.

Livepeer is an open video infrastructure network built on Ethereum, with its core contracts running on Arbitrum. Broadcasters and apps send video to the network, and orchestrators process it for fees paid in ETH. LPT is the staking token that decides which orchestrators get work and earn new token rewards.

Livepeer perps traded $23.37M in the last 24 hours, +2.38% on the day before.

Over the last 24 hours 47.7% of accounts are long and 52.3% short, a long/short ratio of 0.91. See the long/short ratio by exchange.

Livepeer has extended its network beyond transcoding to run AI video tasks, such as generating or transforming video with machine learning models. Orchestrators with GPUs take on these jobs alongside traditional transcoding. This shift ties LPT more closely to the AI trade, which explains some of its sharp narrative-driven moves.

Staking LPT, known as delegating, assigns tokens to an orchestrator, which raises that operator's share of work and rewards. Delegators earn a portion of new LPT issuance and ETH fees. Unstaking requires an unbonding period, so perps are sometimes used to hedge staked LPT without leaving the network.

$19.3K of LPT positions were liquidated in 24 hours, $13.6K longs and $5.7K shorts. See liquidations across the market.

Yes, Livepeer issues new LPT every round, and the issuance rate adjusts based on how much of the supply is staked. When participation is below the target, inflation rises to encourage staking, and when it is above, inflation falls. Holders who do not stake are diluted over time.

LPT perpetual futures are derivatives contracts that track the price of LPT 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 LPT.

Funding is a payment between longs and shorts. When LPT 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.