Avalanche Futures Open Interest Overview
Sharpe Terminal aggregates Avalanche (AVAX) perpetual futures open interest data from Binance, Bybit, OKX, Deribit, Hyperliquid and eight additional exchanges into a single real-time chart. Compare exchange-level breakdowns, overlay price, and switch between 1W, 1M, 3M, 1Y and 3Y historical windows. Total USD value of outstanding perpetual futures contracts across exchanges. Derivatives traders use this view to confirm trend strength, spot crowded positioning, and pinpoint liquidation cascades before they ripple into spot.
About Avalanche Futures
Avalanche (AVAX) perpetual futures OI typically ranges $200M-$800M depending on subnet and institutional-partnership news cycles. Binance, Bybit, OKX, and Bitget carry the bulk of AVAX perp liquidity. AVAX funding is mid-volatility — less manic than SOL or DOGE, more reactive than BTC — and carries a distinct pattern around quarterly subnet launch announcements and RWA partnership reveals. AVAX has historically printed multi-month funding regime changes within weeks of major ecosystem catalysts (the October 2023 RWA pivot, the late 2024 L1 pricing cycle). Long/short ratios on AVAX skew long but less aggressively than DOGE or ADA, reflecting a mix of retail and institutional interest. AVAX liquidation cascades are sharper than L1 peers because OI concentration is higher on Binance/Bybit.
What Open Interest Measures
Open interest (OI) is the total notional USD value of outstanding perpetual futures contracts that have not yet been closed, liquidated, or settled. OI measures how much leverage is deployed in the market at a given instant — not how much has traded. Rising OI with rising price signals new leveraged longs entering; rising OI with flat or falling price signals short-side buildup and squeeze risk. Falling OI during a price move usually reflects position closures or forced liquidations rather than directional conviction. For top-10 coins, aggregate OI is typically 30-80% of spot market cap; ratios above 100% are rare outside of SOL and the memecoins.
How to Read Avalanche Open Interest
Chart OI against price and overlay funding. OI-up/price-up is a confirmed trend; OI-up/price-flat is a squeeze in progress; OI-down/price-up usually marks the end of a move (shorts capitulating rather than longs adding). Stack OI by exchange to see which venue is driving the change — when OI grows on Hyperliquid or Bybit while Binance OI is flat, the move is retail-speculative rather than institutional. Divergences between OI and spot volume are late-cycle warnings worth taking seriously.
AVAX Open Interest Statistics
Use this page as the live AVAX open interest statistics view for perpetual futures. It is built for searches such as "Avalanche futures open interest", "AVAX open interest chart", and exchange-level derivatives positioning queries.
AVAX Aggregated Open Interest Chart
The aggregated chart combines major derivatives venues into one Avalanche futures view so changes in leverage, flow, basis, and liquidation pressure are easier to compare against spot price. This mirrors the winning Coinalyze and CoinGlass SERP pattern while keeping the live Sharpe terminal available on the same URL.
AVAX Open Interest Chart For Each Contract
Contract-level differences matter because Binance, Bybit, OKX, Deribit, Hyperliquid, and other venues can disagree before price moves. Use sibling futures metrics and the related coin pages below to move from one Avalanche signal into the rest of the derivatives stack without starting a new search.

