OrangeX Futures
Perpetual and fixed-expiry contracts listed on OrangeX Futures, with reported volume and open interest for each market.
- 24h volume
- 241,952 BTC
- Open interest
- 55,339 BTC
- Perpetual pairs
- 573
- Futures pairs
- 0
- Founded
- 2021
About OrangeX Futures
Venue description supplied by CoinGecko.
Contracts on OrangeX Futures
569 markets · sortable by volume and open interest
| # | |||||
|---|---|---|---|---|---|
| 1 | XRP-USDT-PERPETUAL | $1.463 | $2.26B | $783.54M | perpetual |
| 2 | ZEC-USDT-PERPETUAL | $784.89 | $1.1B | $404.57M | perpetual |
| 3 | DOGE-USDT-PERPETUAL | $0.09 | $840.24M | $292.7M | perpetual |
| 4 | HYPE-USDT-PERPETUAL | $78.07 | $675.91M | $232.17M | perpetual |
| 5 | BNB-USDT-PERPETUAL | $682.29 | $480.07M | $169.7M | perpetual |
| 6 | ENA-USDT-PERPETUAL | $0.153 | $485.7M | $169.63M | perpetual |
| 7 | PUMP-USDT-PERPETUAL | $0.005 | $405.88M | $144.7M | perpetual |
| 8 | SUI-USDT-PERPETUAL | $0.791 | $310.24M | $103.32M | perpetual |
| 9 | ADA-USDT-PERPETUAL | $0.217 | $237.1M | $79.77M | perpetual |
| 10 | NEAR-USDT-PERPETUAL | $1.833 | $194.94M | $67.06M | perpetual |
| 11 | LINK-USDT-PERPETUAL | $11.198 | $201.35M | $65.53M | perpetual |
| 12 | AAVE-USDT-PERPETUAL | $122.83 | $164.03M | $52.65M | perpetual |
| 13 | WLD-USDT-PERPETUAL | $0.374 | $172.16M | $49.99M | perpetual |
| 14 | UNI-USDT-PERPETUAL | $4.064 | $138.03M | $47.43M | perpetual |
| 15 | XAUT-USDT-PERPETUAL | $4,605.90 | $128.73M | $47.42M | perpetual |
| 16 | ONDO-USDT-PERPETUAL | $0.353 | $121.39M | $41.28M | perpetual |
| 17 | XLM-USDT-PERPETUAL | $0.191 | $112.87M | $37.68M | perpetual |
| 18 | BCH-USDT-PERPETUAL | $268.46 | $110.02M | $35.55M | perpetual |
| 19 | ACE-USDT-PERPETUAL | $0.23 | $114.17M | $34.99M | perpetual |
| 20 | WLFI-USDT-PERPETUAL | $0.058 | $103.74M | $34.72M | perpetual |
| 21 | AVAX-USDT-PERPETUAL | $7.355 | $103.42M | $34.4M | perpetual |
| 22 | TAO-USDT-PERPETUAL | $217.69 | $99.2M | $33.31M | perpetual |
| 23 | DASH-USDT-PERPETUAL | $39.98 | $101.04M | $32.25M | perpetual |
| 24 | FARTCOIN-USDT-PERPETUAL | $0.174 | $97.93M | $31.37M | perpetual |
| 25 | TRUMP-USDT-PERPETUAL | $2.301 | $96.93M | $31M | perpetual |
What the numbers say about OrangeX Futures
OrangeX Futures is a derivatives venue established in 2021 and registered in Seychelles, where contracts track an asset's price instead of transferring the asset itself. It lists 573 perpetual contracts.
Open interest stands at 55,339 BTC against 241,952 BTC of 24-hour volume, a turnover of 4.4× 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.
Funding is positive on 520 of the 569 contracts with a published rate, averaging +0.0055%. Predominantly positive funding means longs are paying shorts to keep their positions open — the crowd is positioned for a rise, and leveraged longs are carrying a running cost to stay there.
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.