dYdX (DYDX) Perpetual Futures

Live dYdX perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. dYdX is a derivatives-DEX token that moves with on-chain perp volume.

dYdX perpetual futures, explained

A DYDX perpetual future (perp) lets you trade dYdX with leverage and no expiry. The funding rate keeps the perp price tethered to spot — positive funding means DYDX longs are paying shorts (crowded longs), negative means the reverse. Open interest is the total value of open DYDX positions; a fast rise means new leverage is flowing in. Liquidations show where over-leveraged DYDX traders got force-closed — long liquidations on drops, short liquidations on rallies.

How to use this DYDX 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 DYDX bottom; a wave of short liquidations can fuel a squeeze higher. Confirm entries on the technical screener and size with the DYDX liquidation calculator so leverage never puts you closer to liquidation than you intend.

DYDX data aggregated across major exchanges (deepest market shown). For information only — not financial advice.