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OverviewOpen InterestFunding RateLong/ShortLiquidationVolume

Optimism (OP) Volume

OPOP$0.09403-8.51%LongShort
OPOP$0.09403-8.51%
Market Cap$215.37M
Circulating Supply2,299,624,975
Total Supply4,294,967,296
WebsiteWebsite
Explorers
optimistic.etherscan.io▾
optimistic.etherscan.iooklink.com

Derivatives (24h)

BuySell
Open Interest-8.92%$63.66M
Futures Volume+33.01%$118.78M
Liquidation+231.82%$632.91K
Long Liquidation+483.03%$557.25K
Short Liquidation-18.44%$75.65K

Long/Short (24h)

LongShort
OP Long/Short All0.905
Binance Long/Short0.931
OKX Long/Short0.915
Bybit Long/Short0.865
Hyperliquid Long/Short0.602

Funding Rate

OP OI-Weighted (8h)-0.0003%
Binance OP/USDT (8h)+0.0100%
OKX OP/USDT (8h)+0.0100%
Bybit OP/USDT (8h)-0.0425%
Hyperliquid OP/USD (1h)+0.0013%
OverviewOpen InterestFunding RateLong/ShortLiquidationVolume
Futures volume · 1DTrading volume is the total value of futures contracts traded during a given period, counting every buy and sell that occurs. Learn more →$118.82M
vs 1D average+27.73%
Buy volume · 1D$55.86M
Sell volume · 1D$62.97M
STEADY TURNOVERTurnover in line with the recent averageAutomated rule-based market summary, for informational purposes only. Not financial advice.

OP Volume Chart · Perpetual · Aggregated

Volume · per 1hup closedown close7-period averageOP price
Loading…
View OP liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchange OP Volume

  • Binance$53.59M
  • Bybit$19.33M
  • OKX$18.57M
  • MEXC$9.61M
  • BingX$6.32M
  • Bitget$2.94M
  • KuCoin$2.63M
  • WhiteBIT$2.45M
  • Hyperliquid$1.37M
  • Gate$1.09M
  • Others (6)$876.18K
ExchangesVolume 24hChange 24h%Share
ΣAll Exchanges$118.78M+33.01%—
BBinance$53.59M+36.18%45.1%Trade
BBybit$19.33M+29.70%16.3%Trade
OOKX$18.57M+29.38%15.6%Trade
MMEXC$9.61M+10.96%8.1%Trade
BBingX$6.32M-5.77%5.3%
BBitget$2.94M+729.56%2.5%Trade
KKuCoin$2.63M+235.58%2.2%Trade
WWhiteBIT$2.45M+23.85%2.1%
HHyperliquid$1.37M+39.57%1.2%
GGate$1.09M+68.81%0.9%Trade
KKraken$429.68K+67.75%0.4%
LLighter$263.20K+85.87%0.2%
AAster$88.89K+139.14%0.1%
HHTX$74.12K-42.09%0.1%Trade
CCoinbase$18.44K+25.80%0.0%
CCrypto.com$1.86K+428.34%0.0%

Trading volume per exchange in the selected window (1h, 4h, 12h or 24h) with share of the combined total and window-over-window change at closed-hour boundaries. Heatmap area is proportional to volume. Live candles update about every 10 seconds; intraday figures are finalized nightly.

OP futures traded $118.78M in volume across all tracked exchanges over the past 24 hours (+33.01% vs the prior day). With open interest at $63.66M, that volume equals roughly 1.9× the value of positions currently open. Over the most recent 4-hour window, volume is running below the prior window by 60.58%. Learn more about how trading volume works →

See the futures volume heatmap → · See which coins just broke their 30-day volume norm

About OP futures volume

This page measures trading activity in Optimism (OP) perpetual futures: 24-hour volume by exchange, volume history by timeframe charted against price, and how the current pace compares with the prior period.

Volume counts both sides of every trade across the tracked derivatives exchanges, excludes venues reporting no data, and refreshes continuously — a companion gauge to open interest, which measures positions held rather than traded.

Frequently asked questions

How much OP futures volume traded in the past 24 hours?

OP perpetual futures turned over $118.78M across all tracked exchanges in the past 24 hours, up 33.01% on the prior day.

Which exchange trades the most OP futures volume?

Binance leads 24-hour OP futures turnover at $53.59M — about 45% of the $118.78M total. The table below ranks every venue.

Is OP volume high relative to open interest?

OP traded about 1.9× its open interest in the past 24 hours — $118.78M in volume against $63.66M of open positions. A higher multiple means exposure is being traded rather than held.

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