Toncoin (TON) Perpetual Futures

Live Toncoin perpetual-futures data — price, funding rate, open interest, trader positioning and 24-hour liquidations, aggregated across major exchanges. Toncoin has grown fast on the back of Telegram; liquidity is decent but thinner than the majors.

Toncoin perpetual futures, explained

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

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

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