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Official Trump (TRUMP) Perpetual Futures

– 24h · perp mark price
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Official Trump price and derivatives history

Daily close and perpetual volume across tracked exchanges

Official Trump perpetual futures market

Launched on Solana days before Donald Trump's January 2025 inauguration, TRUMP is the official memecoin carrying his name and image. It has no product or revenue behind it, so its price rests on attention, politics and speculation. Perps let traders bet on that attention in either direction with leverage. They also offer a way to short a token whose supply is mostly held by Trump-linked entities.

Headlines move this market far more than on-chain data. Political news, statements from Trump or his family and events tied to the token can trigger sharp moves within minutes, and leverage turns those into liquidation cascades. Volume concentrates on Binance and OKX, while Gate and Bybit hold sizeable open interest. Releases from the insider allocation add supply over time, so check the liquidations page after big news days.

Ticker
TRUMP
Asset class
Crypto
Tracked markets
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Most active venue
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Funding intervals
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Trading hours
24/7
±1% order book depth
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Official Trump perpetual markets by exchange

Every tracked TRUMP perpetual market

# Exchange Price 24h Volume 24h Open interest OI 24h Funding 8h L/S Liq. 24h ±1% depth Trade

Open interest by exchange

Share of total · 24h change

All OI

    Liquidations by exchange

    Last 24h · long vs short

    All liquidations

      Taker buy vs sell

      Last 4h · buy share of taker volume

      Long/short data

        Official Trump perpetual futures FAQ

        Live answers use data from every tracked TRUMP perpetual markets · updated

        What is the TRUMP funding rate today?

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        How much TRUMP open interest is there?

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        What is the Official Trump memecoin?

        TRUMP is a Solana token launched in January 2025 and promoted by Donald Trump as his official memecoin. It carries no ownership rights, revenue or use beyond being traded and held. Most of the supply sits with entities linked to Trump and is released to them on a vesting schedule.

        What is TRUMP perpetual futures trading volume?

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        Are traders long or short TRUMP right now?

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        Why is TRUMP so volatile?

        TRUMP has no fundamentals to anchor its value, so price reacts directly to news, sentiment and shifts in political attention. Leveraged traders amplify those moves, and thinner order books outside the largest venues can push liquidations into cascades. Large swings are common on days with major political headlines.

        How do TRUMP token unlocks affect perps?

        Unlocks release tokens from the insider allocation, which can add selling pressure. Traders often position ahead of release dates, so funding may turn negative and short positions may build in the days before. Tracking open interest around these dates shows how much leverage is waiting on the event.

        How much TRUMP was liquidated in the last 24 hours?

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        Is TRUMP different from other Trump-themed tokens?

        Yes. TRUMP is the official memecoin promoted by Donald Trump himself, while many other Trump-themed tokens were created by unrelated third parties. Those tokens have separate supplies and markets, so check the contract details on an exchange to confirm a perp tracks the official token.

        What are TRUMP perpetual futures?

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

        How does TRUMP funding work?

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

        Where can I trade TRUMP perpetuals?

        Compare venues, fees and features on the best perpetual exchanges page.

        Should I long or short TRUMP?

        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.

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        Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology