TRON (TRX) perpetual futures
TRX perpetual contracts on 20 reviewed venues.
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Funding rates
Annualized rates across exchanges
Open interest
Per-exchange open interest
What the TRX data shows
Funding direction differs by venue: longs pay on GMX and Apex Omni; longs receive on Aevo, Orderly, and 17 more; the rate is zero on dYdX. The rates run from +16.81% a year on GMX to -83.14% on Kraken.
No venue holds half of the $154.7m in reported TRX open interest. Bybit has the largest share, 37.3%, and Gate.io is next with 22.7%.
The TRX settlement periods differ: 13 venues settle every 8 hours; 4 venues settle every hour.
dYdX quoted TRX at $0.3342 and Aevo at $0.3334, a gap of 21.8 bps.
CoinGecko ranked TRX number 8 by market value on September 21, 2026, at $32.60b. Its price rose 1.3% in the 7 days before that date. The open interest in this read equals 0.5% of that value.
- Source: public APIs of 22 venues for TRX, read at October 3, 2026, 04:19 UTC.
- Market value: CoinGecko snapshot of September 21, 2026.
Where to Trade TRON (TRX) Perpetual Futures
Fees and leverage limits apply venue-wide; confirm TRX limits with the venue.
| Venue | Maker | Taker | Max leverage | Rating | Trade |
|---|---|---|---|---|---|
| 0.015% | 0.045% | 40x | 9.2 | TRX | |
| 0.010% | 0.050% | 50x | 9.0 | TRX | |
| 0.04% or 0.06% position fee | 100x | 8.5 | TRX | ||
| 0.035% position fee | 1000x | 8.0 | TRX | ||
| 0.010% | 0.035% | 50x | 8.0 | TRX | |
| 0.020% | 0.050% | 100x | 8.0 | TRX | |
| 0.010% | 0.020% | 100x | 7.8 | TRX | |
| Free | 0.030% | 50x | 7.8 | TRX | |
| -0.010% | 0.017% | 1000x | 7.8 | TRX | |
| 0.050% | 0.080% | 20x | 7.5 | TRX | |
| Free | 0.040% | 200x | 7.5 | TRX | |
| 0.040% | 0.045% | 100x | 7.5 | TRX | |
| Free | 0.000% | 50x | 7.5 | TRX | |
| 0.01%, 0.02%, 0.03%, 0.05%, or 0.06% position fee | 200x | 7.5 | TRX | ||
| 0.01% or 0.045% position fee | 100x | 7.0 | TRX | ||
| 0.045% or 0.055% position fee | 100x | 7.0 | TRX | ||
| Free | 0.025% | 100x | 7.0 | TRX | |
| 0.04% or 0.06% position fee | 100x | 6.5 | TRX | ||
| 0.020% | 0.050% | 100x | 6.5 | TRX | |
| 0.010% | 0.035% | 100x | 6.0 | TRX | |
TRON (TRX) market overview
TRX perps have a fundamentally different character from most altcoin derivatives. TRON's main economic activity is USDT stablecoin transfers — the network processes more USDT volume than Ethereum by transaction count on most days, according to Tron network data.
This creates a cash flow-backed valuation story that gives TRX perps a more stable funding profile than assets whose value rests entirely on narrative.
Venue structure
TRX perps trade on Binance, Bybit, OKX, and Huobi-lineage exchanges, where the TRON ecosystem has historically been stronger. Hyperliquid lists TRX among its altcoin markets.
DEX depth for TRX is thin — the TRON user base has historically been less oriented toward DeFi self-custody — so CEX venues are the practical execution surface for any meaningful size.
Coinalyze's TRX data shows relatively stable OI compared to higher-volatility altcoins, consistent with TRX's steadier price behavior.
Funding character and USDT flow as a signal
TRX's funding is more stable than most altcoins, rarely reaching the extremes seen in memecoin or newer L1 assets. TRX funding tracks the broad market direction without the sharp negative swings that higher-volatility assets show.
TRON network USDT flow data is an unusual but useful signal for TRX perp direction. When USDT bridging and transfer volumes on TRON are elevated, it signals active stablecoin users and higher network fee revenue for TRX validators.
Declining USDT flows, particularly when Ethereum L2 transfer costs fall, can shift stablecoin usage away from TRON and reduce the fundamental demand for TRX.
Risk considerations
TRX carries regulatory risk specific to Justin Sun, the protocol's founder. The SEC's 2023 charges against Sun for securities violations and market manipulation resulted in a settlement that resolved the majority of outstanding risk, but the concentrated leadership structure of TRON means Sun-related news remains a price driver. Track developments via CoinDesk's TRX coverage.
The asset's tokenomics include staking yields that reduce liquid supply and support price floors during moderate market conditions. Compare TRX perp fees across venues at the cost comparison tool.
Frequently Asked Questions — TRON (TRX)
What funding data is available for TRX?
22 venues report a TRX funding rate in this read.
An annualized TRX rate extrapolates one reading and does not predict a return.
What open interest data is available for TRX?
16 venues report positive TRX open interest in this read.
The TRX total leaves out venues outside the read.
Which mapped venue has the lowest recorded TRX taker fee?
Paradex lists 0.000% and DESK lists 0.017%, the two lowest of 14 mapped TRX maker/taker schedules.
6 TRX venues charge a position fee and are not compared.
Category: Layer 1