Algorand (ALGO) Perpetual Futures
Live Algorand perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Algorand is a liquid large-cap alt that moves with broad altcoin sentiment.
Algorand (ALGO) market read LIVE
Algorand (ALGO) is trading at $0.08435, up 5.66% over the last 24 hours. It ranks #79 by market cap at $755.8 million, with $37.2 million traded across markets in the past day. Funding is positive at +0.0100% — ALGO longs are paying shorts to hold their positions, a long-tilted market. Open interest across major exchanges stands at $34.2 million, up 17.3% in a day as new leverage enters — about 4.5% of the coin's entire market cap sitting in open perp positions. $82K in ALGO positions was liquidated over the past 24 hours, split fairly evenly between longs ($46K) and shorts ($35K). Account positioning leans long: 58.5% of accounts are long vs 41.5% short. Over the past week ALGO is up 0.0%, and over 30 days down 5.6%. The price sits 98% below its all-time high of $3.56 (set in 2019).
Written from live exchange-aggregated derivatives data · updated 08:32 UTC · the numbers on this page refresh continuously.
Algorand perpetual futures, explained
A ALGO perpetual future (perp) lets you trade Algorand with leverage and no expiry. The funding rate keeps the perp price tethered to spot — positive funding means ALGO longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open ALGO positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged ALGO traders got force-closed — long liquidations on drops, short liquidations on rallies.
How to use this ALGO dashboard
Read the four numbers together. Heavy positive funding plus lopsided long positioning and rising open interest is a crowded long setup that can unwind sharply. A spike in long liquidations often marks a local ALGO bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the ALGO liquidation calculator so leverage never puts you closer to liquidation than you intend.
ALGO data aggregated across major exchanges (deepest market shown). For information only — not financial advice.