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Kaspa (KAS) Perpetual Futures

Kaspa (KAS) Perpetual Futures — Live Data

Market Overview

Kaspa is a proof-of-work Layer 1 blockchain using the GHOSTDAG protocol to achieve high block rates without sacrificing security. KAS perpetual futures are available on major centralized exchanges and attract miners and PoW enthusiasts looking to hedge mining exposure. KAS perps often see volume surges around hashrate milestones and mining difficulty adjustments.

Kaspa is a proof-of-work blockDAG whose base layer launched without smart contracts, so no KAS perp settles on Kaspa itself — programmability arrived later through separate L2 efforts. Exposure therefore routes either to CEX books or to general-purpose perp DEXes that list KAS synthetically, which is the self-custody path.

Trading Tips for Kaspa Perps

KAS is one of the few PoW tokens with active perps markets. Monitor hashrate trends and mining profitability as leading indicators — when miners capitulate and hashrate drops, it often marks a local bottom for KAS perp entries.

Where to Trade Kaspa (KAS) Perpetual Futures

Kaspa (KAS) perpetual futures are available on 7 exchanges. The venue cards compare fees, leverage, and features for trading KAS perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
40x
Rating
9.2/10
dYdX logo
dYdX
dYdX Chain (Cosmos)
Maker Fee
0.010%
Taker Fee
0.050%
Max Leverage
50x
Rating
9.0/10
Gains Network logo
Gains Network
Arbitrum, Base, Polygon, ApeChain, MegaETH, Solana
Position Fee
0.035% when opening and again when closing; BTC and ETH review rate; other pairs can use different fees and spreads
Max Leverage
1000x
Rating
8.0/10
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/10
Orderly Network logo
Orderly Network
NEAR, Arbitrum, Optimism, Base, Polygon, Ethereum, Mantle, Avalanche, Solana, SEI
Maker Fee
Free
Taker Fee
0.030%
Max Leverage
50x
Rating
7.8/10
DESK logo
DESK
Arbitrum, Base
Maker Fee
-0.010%
Taker Fee
0.017%
Max Leverage
1000x
Rating
7.8/10
Aevo logo
Aevo
Aevo L2
Maker Fee
0.050%
Taker Fee
0.080%
Max Leverage
20x
Rating
7.5/10

Frequently Asked Questions — Kaspa (KAS)

What is the current KAS perpetual futures funding rate?
The live Kaspa (KAS) funding-rate panel updates every 2 minutes. It shows annualized rates for each exchange that lists KAS perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest KAS perp trading fees?
Among 6 tracked KAS 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 Kaspa open interest compare across exchanges?
The Kaspa (KAS) open-interest chart shows the total value of outstanding KAS 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 KAS long/short ratio indicate?
The Kaspa 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 KAS perpetual futures?
Kaspa (KAS) perps are listed on 7 exchanges, including Hyperliquid, dYdX, Gains Network, SynFutures, and Orderly Network, plus 2 more. The "Where to Trade Kaspa (KAS) Perpetual Futures" section compares fees and leverage limits and gives a direct trading link for each venue.

Category: Layer 1 · Data updates every 2 minutes · All rates shown are annualized