Algorand (ALGO) — price, funding and open interest
ALGO/USDT perpetual on Binance · Bybit · OKX · Bitget · Upbit · BingX · MEXC · Coinbase · Kraken · Hyperliquid · KuCoin · HTX · Gate · Coinbase Intl: price 0.1105, 24h turnover $68.9M. Updated in real time.
What this is
Layer-1 blockchainAlgorand — a blockchain with instant finality: a transfer cannot be reversed within seconds of being made. Created by the cryptographer Silvio Micali.
Chart
Chart built from data of Bybit
What the data shows
ALGO trades at 0.1105. Over 365 days it ranged between 0.075630 and 0.2319; the price now sits in the lower third of that range — 23% of the way from the yearly low to the high.
All-time high is 2.9540 (November 2021); the price is 96% below it now.
24-hour turnover is $68.9M — the 100th percentile for the year: noticeably busier than usual.
Open positions in ALGO are worth $62.8M. Over the past hour open interest fell by 2.01%. That is the 99th percentile over three weeks: more positions are open than usual.
Volume over the last five minutes is 2.6x the usual for this instrument.
The daily range is 9.9% and five-minute NATR is 0.67%. That range is in the 88th percentile for the year — an unusually wide day.
Traded on 14 venues: Binance, Bybit, OKX, Bitget, Upbit, BingX, MEXC, Coinbase, Kraken, Hyperliquid, KuCoin, HTX, Gate, Coinbase Intl — the price is cross-checked across several sources.
Funding is +0.0100%: longs pay shorts, so positioning leans to buyers. For this coin that is an ordinary rate — the 42th percentile for the month.
ALGO correlation with Bitcoin over 24 hours is 0.58 — it partly moves with the market.
Over the day +1.20%, over the hour -1.50%, over the last five minutes -0.24% — the pace is steady.
By turnover it ranks 133 of 2003 instruments in the screener.
By daily range it ranks 604 of 2003.
NATR is 0.33% on the minute and 1.84% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
How ALGO behaved before
Tracked since September 2021 — 60 full months, and falling ones prevail: 37 of 60. Median month -7.9%.
In September the instrument rose 3 times out of 5, median +8.9%.
Best month — November 2024: +288.1%. Worst — January 2022: -42.8%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
Kairo- Positions$62.8M in open positions — 99th percentile for the year: more leverage in ALGO than almost ever.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — layer-1 blockchain. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.