Daily close and perpetual volume across tracked exchanges
Melania Meme is a Solana memecoin launched in January 2025 and promoted by Melania Trump, days after the TRUMP memecoin appeared. It has no protocol or revenue, and its price reflects attention, political news and memecoin sentiment. Perps let traders take leveraged positions on those swings and offer a simple way to short a celebrity token without borrowing it on chain.
Team and community allocations unlock over time, so supply news is a recurring driver, along with headlines about the Trump family and the TRUMP token. Binance carries the most volume, followed by WhiteBIT and BingX, and Hyperliquid also lists a MELANIA/USD market. Funding can flip quickly on political news. Compare it with TRUMP perps to see whether a move is shared or specific to MELANIA.
MELANIA funding rates MELANIA open interest MELANIA liquidations MELANIA long/short ratio
Every tracked MELANIA perpetual market
| # | Exchange | Price | 24h | Volume 24h | Open interest | OI 24h | Funding 8h | L/S | Liq. 24h | ±1% depth | Trade |
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Share of total · 24h change
Last 24h · long vs short
Last 4h · buy share of taker volume
Live answers use data from every tracked MELANIA perpetual markets · updated
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Melania Meme, ticker MELANIA, is a memecoin on Solana that Melania Trump announced in January 2025. It followed the launch of the TRUMP memecoin by a few days. The token offers no product, revenue or ownership rights, so it trades on attention and sentiment alone.
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The two are separate tokens with separate supplies, but they launched within days of each other and are both linked to the Trump family. They often react to the same political news, so traders tend to watch TRUMP and MELANIA together.
Political headlines involving the Trump family, token unlocks, large wallet movements and general memecoin risk appetite are the main drivers. With thin books outside the top venues, a single headline can push funding to extremes and set off liquidations in either direction.
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A memecoin endorsed by the incoming first lady had no precedent, and it arrived during the frenzy around the TRUMP launch. That publicity brought heavy trading in the first days and fast listings on major exchanges, followed by steep declines as early buyers sold.
MELANIA perpetual futures are derivatives contracts that track the price of MELANIA 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 MELANIA.
Funding is a payment between longs and shorts. When MELANIA 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