Pyth Network (PYTH) Perpetual Futures

Live Pyth Network perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Pyth is an oracle-network perp sensitive to DeFi data demand.

Pyth Network perpetual futures, explained

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

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

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