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THORChain (RUNE) Perpetual Futures

THORChain (RUNE) Perpetual Futures — Live Data

Market Overview

THORChain is a decentralized cross-chain liquidity protocol enabling native asset swaps between blockchains like Bitcoin, Ethereum, and Cosmos. RUNE perpetual futures are available on centralized exchanges. RUNE perps are unique in that RUNE serves as the settlement asset in all THORChain pools, making its price directly tied to cross-chain swap volume and TVL.

RUNE Perps Data — DeFi Category

This page presents perpetual futures analytics for DeFi protocol tokens, covering trading volume, open interest, funding rates, and liquidation data across major exchanges. DeFi perp data is particularly valuable when cross-referenced with on-chain TVL metrics — tokens with rising open interest but declining TVL often face mean-reversion pressure. Funding rate divergences between DeFi governance tokens can signal which protocols are attracting speculative positioning ahead of governance votes or fee-switch proposals. Volume spikes in DeFi perps frequently coincide with yield farming rotations and liquidity mining events.

Trading Tips for THORChain Perps

RUNE price is mechanically linked to THORChain's TVL through the protocol's deterministic value model. Track THORChain swap volume and pool depth — rising cross-chain activity directly increases RUNE demand. RUNE tends to outperform during multi-chain rally periods when users swap between ecosystems.

Where to Trade THORChain (RUNE) Perpetual Futures

THORChain (RUNE) perpetual futures are available on 11 exchanges. Compare fees, leverage, and features below to find the best platform for trading RUNE perps.

Hyperliquid logo
Hyperliquid
Hyperliquid L1
Maker Fee
0.015%
Taker Fee
0.045%
Max Leverage
50x
Rating
9.2/5
dYdX logo
dYdX
dYdX Chain (Cosmos)
Maker Fee
0.010%
Taker Fee
0.050%
Max Leverage
100x
Rating
9.0/5
Kwenta logo
Kwenta
Base, Optimism
Maker Fee
0.020%
Taker Fee
0.060%
Max Leverage
100x
Rating
8.4/5
Gains Network logo
Gains Network
Arbitrum, Polygon, Base
Maker Fee
0.080%
Taker Fee
0.080%
Max Leverage
1000x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.035%
Max Leverage
50x
Rating
8.0/5
Maker Fee
-0.003%
Taker Fee
0.035%
Max Leverage
20x
Rating
8.0/5
Maker Fee
0.010%
Taker Fee
0.020%
Max Leverage
100x
Rating
7.8/5
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
7.8/5
DESK logo
DESK
Arbitrum, Base
Maker Fee
-0.010%
Taker Fee
0.017%
Max Leverage
1000x
Rating
7.8/5
Aevo logo
Aevo
Aevo L2
Maker Fee
0.050%
Taker Fee
0.080%
Max Leverage
20x
Rating
7.5/5
Aster logo
Aster
Arbitrum
Maker Fee
0.005%
Taker Fee
0.040%
Max Leverage
100x
Rating
7.5/5

Frequently Asked Questions — THORChain (RUNE)

What is the current RUNE perpetual futures funding rate?
The live THORChain (RUNE) funding rate is shown above, updated every 2 minutes. Funding rates are displayed as annualized percentages for each exchange listing RUNE perps. A positive rate means long traders pay short traders, while a negative rate means shorts pay longs.
Which exchange has the lowest RUNE perp trading fees?
The cost comparison table above estimates total trading costs (maker/taker fees plus slippage) for a $100,000 RUNE perpetual futures trade across all major exchanges. Compare fees for RUNE perps on both centralized and decentralized platforms to find the most cost-effective venue.
How does THORChain open interest compare across exchanges?
THORChain (RUNE) open interest is broken down by exchange in the chart above, showing the total value of outstanding RUNE derivative contracts on each platform. Rising open interest indicates new capital entering the market, while declining OI suggests positions are being closed.
What does the RUNE long/short ratio indicate?
The THORChain 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 RUNE perpetual futures?
THORChain (RUNE) perps are currently listed on 11 exchanges. See the "Where to Trade" section above for a full comparison of fees, leverage limits, and direct trading links for each platform.

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