Daily close and perpetual volume across tracked exchanges
Gala began as a blockchain gaming platform and expanded into music and film, all tied together by the GALA token and its own GalaChain network. GALA pays fees and rewards across the ecosystem. The token has a history of large moves on game launches and exchange news, and perps let traders take leveraged positions on those swings, hedge holdings, or short it when gaming sentiment fades.
Gaming sector sentiment drives much of GALA's price, along with game releases, partnerships and token supply changes. Binance carries the most volume, followed by Bybit and OKX, and open interest is spread across several venues including MEXC. GALA reacts strongly to broad altcoin rallies, so funding can turn positive quickly. A spike in liquidations after a fast move usually marks leverage being cleared out.
GALA funding rates GALA open interest GALA liquidations GALA long/short ratio
Every tracked GALA perpetual market
| # | Exchange | Price | 24h | Volume 24h | Open interest | OI 24h | Funding 8h | L/S | Liq. 24h | ±1% depth | Trade |
|---|
Share of total · 24h change
Last 24h · long vs short
Last 4h · buy share of taker volume
Live answers use data from every tracked GALA perpetual markets · updated
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Gala is a web3 entertainment company that runs blockchain games, Gala Music and Gala Film on its own GalaChain network. GALA is the ecosystem's utility token, used for purchases, fees and rewards. It was co-founded by Eric Schiermeyer, who also co-founded Zynga.
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GalaChain is the layer 1 blockchain built by Gala to host its games, music and film products. GALA is used to pay fees on the network. Running its own chain gives Gala more control over costs and features than building on another blockchain.
GALA often moves with other gaming and metaverse tokens, since traders treat the sector as one theme during rallies and sell-offs. It can break away on its own game launches or partnership news. Broad altcoin sentiment and the direction of BTC set the overall tone.
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GALA perps are highly volatile compared with large-cap tokens, with fast moves on news and sector rotations. Leveraged positions can be liquidated quickly in either direction. Watching funding and open interest together helps show whether a rally is backed by new leverage or by spot demand.
GALA perpetual futures are derivatives contracts that track the price of GALA 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 GALA.
Funding is a payment between longs and shorts. When GALA 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.
Data from tracked centralised and decentralised exchanges, refreshed every few minutes. Not financial advice. Methodology