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Phala Network (PHA) Volume

PHAPHA$0.04136-2.83%LongShort

Derivatives (24h)

BuySell
Open Interest-0.24%$9.32M
Futures Volume-33.61%$18.81M
Liquidation-88.91%$25.32K
Long Liquidation-91.91%$17.09K
Short Liquidation-66.93%$8.23K

Long/Short (24h)

LongShort
PHA Long/Short All0.878
Binance Long/Short0.867
Bybit Long/Short0.950
WhiteBIT Long/Short0.828
Bitget Long/Short0.923

Funding Rate

PHA OI-Weighted (4h)+0.0007%
Binance PHA/USDT (4h)+0.0050%
Bybit PHA/USDT (4h)-0.0144%
Gate PHA/USDT (4h)+0.0050%
KuCoin PHA/USDT (4h)+0.0050%
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 →$18.81M
vs 1D average-33.61%
Buy volume · 1D$8.79M
Sell volume · 1D$10.02M

PHA Volume Chart · Perpetual · Aggregated

Volume · per 4hup closedown close7-period averagePHA price
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Binance$11.91MWhiteBIT$1.77MBybit$1.74MBitget$1.22MBingX$800.28KGate$749.85K
View PHA liquidation heatmap →Where leveraged longs and shorts get liquidated · Binance, Bybit, OKX, Hyperliquid and more

Exchange PHA Volume

  • Binance$11.91M
  • WhiteBIT$1.77M
  • Bybit$1.74M
  • Bitget$1.22M
  • BingX$800.28K
  • Gate$749.85K
  • MEXC$459.88K
  • Aster$81.89K
  • KuCoin$69.87K
ExchangesVolume 24hChange 24h%Share
ΣAll Exchanges$18.81M-33.61%—
BBinance$11.91M-35.87%63.3%Trade
WWhiteBIT$1.77M+111.15%9.4%
BBybit$1.74M-49.68%9.3%Trade
BBitget$1.22M-40.10%6.5%Trade
BBingX$800.28K-32.06%4.3%
GGate$749.85K+60.81%4.0%Trade
MMEXC$459.88K-59.70%2.4%Trade
AAster$81.89K-62.61%0.4%
KKuCoin$69.87K-80.73%0.4%Trade

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.

PHA futures traded $18.81M across all tracked exchanges over the past 24 hours — volume has dropped 33.61% versus the prior day. With open interest at $9.32M, that volume equals roughly 2.0× the value of positions currently open. Over the most recent 4-hour window, volume is running below the prior window by 38.35%. Learn more about how trading volume works →

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

About PHA futures volume

This page measures trading activity in Phala Network (PHA) 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

What is PHA futures volume right now?

PHA perpetual futures turned over $18.81M across all tracked exchanges in the past 24 hours, down 33.61% on the prior day.

Which exchange trades the most PHA futures volume?

Binance leads 24-hour PHA futures turnover at $11.91M — about 63% of the $18.81M total. The table below ranks every venue.

Is PHA volume high relative to open interest?

PHA traded about 2.0× its open interest in the past 24 hours — $18.81M in volume against $9.32M of open positions. A higher multiple means exposure is being traded rather than held.

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