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Bittensor (TAO) Perpetual Futures

Bittensor (TAO) Perpetual Futures — Live Data

Price
$191.96
Total OI
$64.9M
Arb Spread
32.64%
Exchanges
4

Funding Rates

Annualized rates across exchanges

HyperliquidHyperliquidDEX
+10.95%
BinanceBinanceCEX
+2.35%
dYdXdYdXDEX
+0.00%
BybitBybitCEX
-21.69%

Open Interest

Per-exchange open interest

BybitBybit
$33.4M
HyperliquidHyperliquid
$31.5M
dYdXdYdX
$74K

Long/Short Ratio

Account-level positioning

No data available

Cost Comparison

Fee + slippage for $100K trade

No data available

Market Overview

Bittensor is a decentralized machine learning network where miners compete to produce the best AI models and are rewarded with TAO tokens. TAO perpetual futures have become one of the most actively traded AI-sector derivatives, with high volatility driven by subnet registration activity and AI narrative cycles. TAO perps offer leveraged exposure to the decentralized AI compute thesis.

Bittensor's TAO rewards machine-learning subnets for useful work, with a fixed-supply emission schedule that the market treats as its defining feature. TAO perps are notable for how strongly they track the AI-sector narrative as a bloc — funding tends to move with the basket, amplified.

Trading Tips for Bittensor Perps

TAO is the highest-beta AI token in crypto — it can move 15-25% on AI narrative days. Trade TAO perps with reduced position sizes and tight stops, as the low circulating supply relative to market cap creates amplified price swings.

Where to Trade Bittensor (TAO) Perpetual Futures

Bittensor (TAO) perpetual futures are available on 7 exchanges. The venue cards compare fees, leverage, and features for trading TAO 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 — Bittensor (TAO)

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

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