Daily close and perpetual volume across tracked exchanges
Pudgy Penguins started as an Ethereum NFT collection of cartoon penguins and grew into a consumer brand with toys, licensing and viral social media content. PENGU, the brand's token, launched on Solana in late 2024 and trades much like a memecoin tied to that brand. Perps give traders leveraged exposure to the Pudgy Penguins story, a way to short it, or a hedge for NFT and spot holdings.
Brand headlines move PENGU most, from retail partnerships and NFT floor prices to new product launches. Vesting schedules for the team and early backers can also add supply over time. Binance carries most of the trading volume by a wide margin, with OKX and Bybit next. Read funding alongside open interest, because rising OI paired with hot funding is a sign that longs are crowded.
PENGU funding rates PENGU open interest PENGU liquidations PENGU long/short ratio
Every tracked PENGU 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 PENGU perpetual markets · updated
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PENGU is the token of Pudgy Penguins, an NFT collection that expanded into toys, licensing and online content. It launched on Solana with an airdrop to NFT holders and wider crypto communities. PENGU gives no direct claim on company revenue, so it trades mostly on brand sentiment and memecoin demand.
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No, PENGU is a fungible token, so every unit is identical and tradable on exchanges. The Pudgy Penguins NFTs are separate, unique items on Ethereum. The token and the NFTs share a brand and often move together in sentiment, yet owning PENGU gives no ownership of any penguin NFT.
Sentiment around the Pudgy Penguins brand moves PENGU most. Retail and licensing news, NFT floor prices, social media reach and the wider memecoin market all feed into it. Supply events such as vesting unlocks for the team and early backers can also weigh on price when large tranches become liquid.
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Often it does, because PENGU lives on Solana and draws from the same pool of memecoin traders. In broad memecoin rallies it tends to rise with the group, and in risk-off moves it usually falls with them. Brand-specific news can still make it diverge for short periods.
PENGU perpetual futures are derivatives contracts that track the price of PENGU 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 PENGU.
Funding is a payment between longs and shorts. When PENGU 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.
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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