Live data
Ethereum Name Service (ENS) perpetual futures
Live funding rates, open interest, and measured trade costs for Ethereum Name Service. 7 venues in the PerpFinder venue map list ENS perps.
At a glance
This ENS funding snapshot covers 2 venues: Hyperliquid and dYdX. It is the server-rendered page seed, not the venue total; the live funding panel below covers every venue that lists ENS.
- Highest annualized funding
- +10.95%Hyperliquid
- Lowest annualized funding
- 0.00%dYdX
More
The highest listed annualized funding rate is +10.95% on Hyperliquid, and the lowest is 0.00% on dYdX.
Only Hyperliquid reports open interest of the 2 listed venues, so there is no executable spread.
Hyperliquid reports $2.5m of open interest across the venues in this snapshot that publish it.
The ENS price in this snapshot comes from Hyperliquid at $5.73.
Generated from live venue feeds at
Funding rates
Annualized rates across exchanges
HyperliquidDEX
dYdXDEXOpen interest
Per-exchange open interest
HyperliquidLong/short ratio
Account-level positioning
Long/short ratios are published for BTC, ETH, SOL, and XRP only.
Cost comparison
Fee plus slippage for a $100K trade
The order-book cost engine measures BTC, ETH, SOL, XRP, BNB, DOGE and HYPE. ENS is not measured. Live costs for the measured assets are on the cost comparison tool.
Where to Trade Ethereum Name Service (ENS) Perpetual Futures
6 of the 7 venues that list ENS perps have a PerpFinder review page. The table compares fees, leverage, and features for those 6.
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.
Trading Tips for Ethereum Name Service Perps
ENS registration revenue and renewal rates are public on-chain data. Track weekly domain registrations and renewals as leading indicators — spikes in registration activity often precede ENS price moves as the market prices in growing protocol revenue.
Frequently Asked Questions — Ethereum Name Service (ENS)
What is the current ENS perpetual futures funding rate?
The live Ethereum Name Service (ENS) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists ENS perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest ENS perp trading fees?
Among 5 tracked ENS venues with comparable order-book schedules, DESK lists the lowest taker fee at 0.017%. SynFutures lists 0.020%. 1 position-fee venue is excluded from this maker/taker result. Use the cost comparison for total cost.
How does Ethereum Name Service open interest compare across exchanges?
The Ethereum Name Service (ENS) open-interest chart shows the total value of outstanding ENS derivative contracts on each exchange. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the ENS long/short ratio indicate?
The Ethereum Name Service long/short ratio shows the balance between traders betting on price increases (longs) versus decreases (shorts) across exchanges. An extreme ratio in either direction can signal potential reversals as crowded positioning often leads to liquidation cascades.
Where can I trade ENS perpetual futures?
Ethereum Name Service (ENS) perps are listed on 6 exchanges, including Hyperliquid, dYdX, Gains Network, SynFutures, and DESK, plus 1 more. The "Where to Trade Ethereum Name Service (ENS) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.
Category: Infrastructure · Data updates every 2 minutes · All rates shown are annualized