Daily close and perpetual volume across tracked exchanges
Turbo is a memecoin launched on Ethereum in 2023 by digital artist Rhett Mankind, who asked GPT-4 to help design the token, its name and its toad mascot on a small starting budget. That AI origin story gives TURBO a place in both meme and AI conversations. Perps let traders take leveraged positions on its swings, or short a rally without sourcing tokens to borrow.
Like most memecoins, TURBO moves with retail risk appetite, rotations between Ethereum memecoins and social media attention, and funding can jump quickly when a rally pulls in late longs. Binance and BingX carry most perp volume, with OKX and WhiteBIT far behind. Stretched funding on a coin this size can come before a sharp reversal, so check funding rates for signs of crowding.
TURBO funding rates TURBO open interest TURBO liquidations TURBO long/short ratio
Every tracked TURBO 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 TURBO perpetual markets · updated
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Turbo is an Ethereum memecoin created in 2023 as an experiment in letting an AI model guide a crypto project. Its creator used GPT-4 for ideas on the name, branding and token setup, and the toad-themed token grew into a widely traded memecoin. It has no protocol revenue.
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TURBO is mainly a memecoin, though its origin links it to AI because GPT-4 helped create it. The token has no AI product or service. Traders sometimes group it with AI tokens during AI hype cycles, which can add extra volatility.
TURBO has thin order books outside the largest venues, so a wave of leveraged longs chasing a rally can push funding high very quickly. When those longs unwind, liquidations can drive price down just as fast. Funding spikes on small memecoins tend to be short-lived.
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Social media attention, exchange listings, large holder activity and broader memecoin sentiment are the main drivers. TURBO also tends to follow ETH and other Ethereum memecoins when risk appetite shifts. There are no earnings or fees to anchor its value.
TURBO perpetual futures are derivatives contracts that track the price of TURBO 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 TURBO.
Funding is a payment between longs and shorts. When TURBO 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