Daily close and perpetual volume across tracked exchanges
ConstitutionDAO formed in November 2021 to buy an original printed copy of the US Constitution at a Sotheby's auction. It raised a large sum in ETH within days but lost the auction, and contributors could claim refunds. Many kept their PEOPLE tokens instead, and the token lives on as a memecoin. Perps let traders take leveraged positions on its sharp, sentiment-driven swings.
With no product behind it, PEOPLE moves on memecoin rotations, social media attention and occasional revivals of its story. Binance leads on volume, with OKX and BingX next. Thin order books outside the top venues mean large orders can push price quickly. A sharp jump in open interest alongside rising funding often points to a crowded long that can unwind in a fast liquidation cascade.
PEOPLE funding rates PEOPLE open interest PEOPLE liquidations PEOPLE long/short ratio
Every tracked PEOPLE 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 PEOPLE perpetual markets · updated
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ConstitutionDAO was a crowdfunding group formed in 2021 to buy a first printing of the US Constitution at auction. Thousands of people contributed ETH and received PEOPLE tokens in return. The group was outbid, and the DAO wound down while the token kept trading.
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PEOPLE still trades because the token stayed in circulation after the auction. Contributors could redeem PEOPLE to reclaim their ETH, but many chose to keep it, and exchanges listed the token. It now trades as a memecoin tied to the story of the bid.
Hedge fund founder Ken Griffin won the Sotheby's auction for the copy of the US Constitution in November 2021, outbidding ConstitutionDAO. He later lent the document to a museum for public display, which ended any chance of the DAO buying it.
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Yes. PEOPLE has no product, revenue or ongoing development, so it trades like a memecoin on attention and sentiment. Price can swing sharply during memecoin rotations, and its perps are prone to funding spikes and fast liquidations in both directions.
PEOPLE perpetual futures are derivatives contracts that track the price of PEOPLE 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 PEOPLE.
Funding is a payment between longs and shorts. When PEOPLE 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