Daily close and perpetual volume across tracked exchanges
Notcoin started as a tap-to-earn game inside Telegram, where millions of users collected points by tapping a coin, before those points converted into the NOT token on the TON blockchain in 2024. It is one of the best-known tokens of the Telegram gaming wave. Perps let traders take leveraged positions on that theme or short NOT without holding the token.
Sentiment around Telegram, TON and mini app games moves NOT more than any product update. BingX leads on volume across its USDT and USDC pairs, with Binance close behind, and open interest is spread across several venues. NOT tends to trade with TON and other Telegram tokens, so ecosystem news can move the group at once. Funding spikes and liquidations tend to cluster around those headlines.
NOT funding rates NOT open interest NOT liquidations NOT long/short ratio
Every tracked NOT 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 NOT perpetual markets · updated
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Notcoin is a token on the TON blockchain that grew out of a Telegram mini app game. Players tapped a coin on screen to earn points, which later converted into NOT. It is one of the largest tokens to come out of Telegram's gaming ecosystem.
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Notcoin started as a Telegram mini app where users tapped a coin to mine points. In 2024 those points converted to NOT tokens on TON, and the token listed on major exchanges. Its success inspired a wave of other Telegram mini app games and tokens.
NOT often moves with TON and other Telegram ecosystem tokens, since traders group them as one theme. News about Telegram or TON infrastructure can move the whole group at once. NOT can also move on its own when Notcoin announces new products or campaigns.
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NOT is often grouped with memecoins and gaming tokens. It grew out of a game and community campaign, with limited utility beyond the Notcoin ecosystem, so its price rests mainly on attention and sentiment. Perps on it can see sharp funding swings.
NOT perpetual futures are derivatives contracts that track the price of NOT 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 NOT.
Funding is a payment between longs and shorts. When NOT 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