Official Trump (TRUMP) Perpetual Futures

The open-interest-weighted TRUMP funding rate is +0.0052% per 8 hours, or +5.64% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from -0.0025% on Kraken to +0.0301% on Crypto.com. Compare all funding rates.

TRUMP perpetual open interest is $191.32M (101.66M TRUMP), up 6.51% in 24 hours. Gate.io holds the most at $52.16M. That is 36.18% of Official Trump's market cap.

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.

Official Trump perps traded $220.43M in the last 24 hours, -17.11% on the day before. Binance leads with 41%, followed by OKX ($61.39M) and Bybit ($17.04M).

Over the last 24 hours 47.1% of accounts are long and 52.9% short, a long/short ratio of 0.89. See the long/short ratio by exchange.

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.

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.

$210.9K of TRUMP positions were liquidated in 24 hours, $121.9K longs and $89.0K shorts. OKX saw the most at $127.0K. See liquidations across the market.

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.

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.

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.

TRUMP perps trade on 13 tracked exchanges. By volume the largest are Binance, OKX and Bybit. 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.