Particle Network (PARTI) Perpetual Futures

The open-interest-weighted PARTI funding rate is +0.0050% per 8 hours, or +5.45% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from +0.0028% on Bybit to +0.0050% on Binance. Compare all funding rates.

PARTI perpetual open interest is $18.39M (470.97M PARTI), down 0.87% in 24 hours. Binance holds the most at $9.00M. That is 69.55% of Particle Network's market cap.

Particle Network is a chain abstraction project that lets people use one account and one balance across multiple blockchains. Its Universal Accounts handle bridging and gas behind the scenes, so users can interact with apps on different chains without switching wallets. PARTI is its native token.

Particle Network perps traded $13.82M in the last 24 hours, -54.90% on the day before. Binance leads with 37%, followed by BingX ($7.06M) and WhiteBIT ($2.47M).

Over the last 24 hours 49.7% of accounts are long and 50.3% short, a long/short ratio of 0.99. See the long/short ratio by exchange.

Chain abstraction hides the differences between blockchains from the user. Instead of bridging funds and buying gas on each network, a user signs one transaction and the system handles the cross-chain steps. Projects in this area aim to make multichain apps feel like using a single network.

PARTI has a small market and relatively few active traders, so a burst of one-sided leverage can push funding far from neutral. Those spikes often fade quickly, because the cost pushes traders to close and arbitrageurs to take the other side. Comparing several venues shows whether the imbalance is local or market-wide.

$2.8K of PARTI positions were liquidated in 24 hours, $1.7K longs and $1.1K shorts. Binance saw the most at $20.9K. See liquidations across the market.

Unlock schedules, exchange listings and adoption of Universal Accounts drive the bigger moves. As a recent token with modest liquidity, PARTI also reacts strongly to shifts in altcoin sentiment. Watching open interest shows when leverage is building ahead of known events.

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

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

PARTI perps trade on 9 tracked exchanges. By volume the largest are Binance, BingX and WhiteBIT. Compare fees and features on the best perpetual exchanges.

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.