Venice Token (VVV) Perpetual Futures

The open-interest-weighted VVV funding rate is +0.0061% per 8 hours, or +6.64% annualised. Positive funding means longs pay shorts. Across exchanges it ranges from -0.0121% on OKX to +0.0100% on Hyperliquid. Compare all funding rates.

VVV perpetual open interest is $178.87M (7.37M VVV), down 3.43% in 24 hours. That is 14.91% of Venice Token's market cap.

Venice is an AI platform that gives users private access to open-source text and image models, with conversations stored in the user's browser instead of on Venice's servers. VVV is its native token on Base. Staking VVV entitles holders to a share of Venice's API inference capacity.

Venice Token perps traded $93.12M in the last 24 hours, +29.47% on the day before. Binance leads with 40%, followed by Hyperliquid ($17.53M) and Bybit ($13.56M).

Over the last 24 hours 51.3% of accounts are long and 48.7% short, a long/short ratio of 1.05. See the long/short ratio by exchange.

Venice was founded by Erik Voorhees, who is best known in crypto as the founder of ShapeShift. The project is built around privacy and uncensored access to AI models, themes that have long run through his work in the industry.

Hyperliquid, Gate and Binance tend to hold the most VVV open interest, with Bybit also significant, while Binance usually leads on traded volume. Because positioning is split between centralised and decentralised venues, comparing funding across them shows where leverage is crowded. The Hyperliquid page covers that venue.

$21.0K of VVV positions were liquidated in 24 hours, $10.8K longs and $10.2K shorts. Binance saw the most at $7.6K. See liquidations across the market.

VVV trades as part of the AI-token sector, so news that lifts or sinks AI crypto names often hits it at the same time. Venice's own drivers sit on top, such as user growth, new model releases and changes to staking rewards. Perps magnify those moves for leveraged traders.

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

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

VVV perps trade on 9 tracked exchanges. By volume the largest are Binance, Hyperliquid and Bybit. Compare fees and features on the best perpetual exchanges or the top decentralized 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.