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Ethereum Name Service (ENS) perpetual futures

ENS perpetual contracts on 6 reviewed venues.

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Price$6.82from Binance
Total open interest$14.0msummed over 13 venues
Funding spread (annualized)35.91%Kraken vs BloFin
Exchanges13venues with a funding rate

Funding rates

Annualized rates across exchanges

KrakenCEX
+43.72%
BinanceCEX
+10.95%
BybitCEX
+10.95%
OKXCEX
+10.95%
BitgetCEX
+10.95%
MEXCCEX
+10.95%
Gate.ioCEX
+10.95%
BingXCEX
+10.95%

Open interest

Per-exchange open interest

BybitBybit
$4.4m
HyperliquidHyperliquid
$3.3m
BitgetBitget
$2.6m
OKXOKX
$2.3m
KuCoinKuCoin
$994.9k
BloFin
$304.7k
Gate.ioGate.io
$194.7k
Kraken
$76.0k

What the ENS data shows

No venue holds half of the $14.0m in reported ENS open interest. Bybit has the largest share, 31.1%, and Hyperliquid is next with 23.2%.

11 of 13 venues quote the same ENS funding rate, +10.95% a year. The exceptions are Kraken at +43.72% and BloFin at +7.81%.

The ENS settlement periods differ: 10 venues settle every 8 hours; Kraken and Hyperliquid settle every hour.

Hyperliquid quoted ENS at $6.82 and Bybit at $6.81, a gap of 21.7 bps.

  • Source: public APIs of 13 venues for ENS, read at October 3, 2026, 05:12 UTC.

Where to Trade Ethereum Name Service (ENS) Perpetual Futures

Fees and leverage limits apply venue-wide; confirm ENS limits with the venue.

VenueMakerTakerMax leverageRatingTrade
0.015%0.045%40x9.2ENS
0.010%0.050%50x9.0ENS
0.035% position fee1000x8.0ENS
0.010%0.020%100x7.8ENS
-0.010%0.017%1000x7.8ENS
0.050%0.080%20x7.5ENS

Ethereum Name Service (ENS) market overview

Ethereum Name Service is the dominant decentralized naming protocol for Ethereum addresses, enabling human-readable .eth domain names. ENS perpetual futures are available on centralized exchanges. ENS perps tend to see volume increases during Ethereum ecosystem growth periods and when domain registration activity spikes.

Ethereum Name Service turns wallet addresses into human-readable .eth names, with registration renewals paid in ETH rather than the token. ENS perp depth is modest across venues, and its narrative follows Ethereum-ecosystem adoption rather than protocol revenue accruing to holders.

Frequently Asked Questions — Ethereum Name Service (ENS)

What funding data is available for ENS?

13 venues report an ENS funding rate in this read.

An annualized ENS rate extrapolates one reading and does not predict a return.

What open interest data is available for ENS?

9 venues report positive ENS open interest in this read.

The ENS total leaves out venues outside the read.

Which mapped venue has the lowest recorded ENS taker fee?

DESK lists 0.017% and SynFutures lists 0.020%, the two lowest of 5 mapped ENS maker/taker schedules.

1 ENS venue charges a position fee and is not compared.

Category: Infrastructure