Biconomy (Futures)
Perpetual and fixed-expiry contracts listed on Biconomy (Futures), with reported volume and open interest for each market.
- 24h volume
- 80,659 BTC
- Open interest
- 3,399 BTC
- Perpetual pairs
- 6
- Futures pairs
- 0
- Founded
- 2019
About Biconomy (Futures)
Venue description supplied by CoinGecko.
Contracts on Biconomy (Futures)
5 markets · sortable by volume and open interest
| # | |||||
|---|---|---|---|---|---|
| 1 | BTC_USDT | $77,361.20 | $4.03B | $167.71M | perpetual |
| 2 | ETH_USDT | $2,440.91 | $2.19B | $95.3M | perpetual |
| 3 | NATGAS_USDT | $2.776 | $2.38M | $111.13K | perpetual |
| 4 | CL_USDT | $85.679 | $3.75M | $41.75K | perpetual |
| 5 | BRENTOIL_USDT | $91.25 | $3.85M | $22.51K | perpetual |
What the numbers say about Biconomy (Futures)
Biconomy (Futures) is a derivatives venue established in 2019 and registered in the British Virgin Islands, where contracts track an asset's price instead of transferring the asset itself. It lists 6 perpetual contracts.
Open interest stands at 3,399 BTC against 80,659 BTC of 24-hour volume, a turnover of 23.7× the open book per day. Volume several times open interest means positions are being opened and closed within the day rather than held — short-term trading dominates here. Open interest and volume measure different things and are easy to confuse — open interest is the size of the outstanding book at a moment in time, volume is what changed hands over the day.
Leverage is the reason these figures matter and the reason this market is dangerous. A position funded with borrowed money can be liquidated by a move that a spot holder would simply sit through, and cascading liquidations are what turns an ordinary decline into a sharp one. Nothing on this page is a suggestion to trade any of it.