Velvet — Live Price, Open Interest & Funding
#626 VELVETVelvet is a defi cryptocurrency ranked #626 by market capitalisation. It is currently trading at $0.0969391, up 1.51% over the last 24 hours. The 24-hour range has stretched from $0.0909936 to $0.0981473. 24-hour volume reached 116M VELVET (~$11.20M), with total turnover of $11.21M. Open interest on perpetual futures sits at 70M VELVET ($6.74M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is +0.0082%, with longs paying shorts — typically a sign of bullish positioning. Market capitalisation is $35.75M, with a circulating supply of 369M VELVET out of a maximum of 1B VELVET. Velvet launched in 2025. Live data is aggregated from 7 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.09721 | $1M | +0.005% |
| Bybit | $0.09681 | $80K | +0.005% |
| KuCoin | $0.09693 | $9M | +0.0244% |
| BingX | $0.09697 | $29K | — |
| Bitget | $0.09697 | $693K | +0.005% |
| MEXC | $0.09703 | $112K | +0.005% |
| Gate | $0.09717 | $20K | +0.005% |
Price changes
Key data
- Open interest
- 70M VELVET ($6.74M)
- Turnover · 24h
- $11.21M
- Volume · 24h
- 116M VELVET ($11.20M)
- Fully diluted market cap
- $35.75M
- Circulating supply
- 369M VELVET
- Total supply
- 1B VELVET
- Max. supply
- 1B VELVET
Profile
- Rank
- #626
- Type
- Token
- Category
- DeFi
- Date Launched
- 10 Jul 2025
Links
Funding rate Velvet
Funding rate is paid every 8 hours between long and short traders. Positive rate: longs pay shorts (market is bullish). Negative rate: shorts pay longs. Extreme values (>0.1%) often precede reversals.
Velvet Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.09721 | — | 37M | $1M | +0.005% |
| Bybit | $0.09681 | — | 7.1M | $80K | +0.005% |
| KuCoin | $0.09693 | $0.09604 | 7.9M | $9M | +0.0244% |
| BingX | — | $0.09697 | — | $29K | — |
| Bitget | $0.09697 | $0.09695 | 14M | $693K | +0.005% |
| MEXC | $0.09703 | $0.09676 | 1.1M | $112K | +0.005% |
| Gate | $0.09717 | $0.09749 | 2.9M | $20K | +0.005% |
Futures and spot price comparison across major exchanges. A large spread between exchanges may signal arbitrage opportunity or liquidity imbalance.
Frequently asked questions
- What is the current price of Velvet (VELVET)?
- Velvet (VELVET) is currently trading at $0.0969391 USDT. The price updates every minute and is aggregated across the major crypto exchanges — Binance, Bybit, OKX, KuCoin, Bitget, BingX, MEXC, HTX, Gate.io and Hyperliquid — which removes single-venue outliers and gives a stable reference price you can use for alerts and cross-exchange comparison.
- Where is VELVET traded?
- Velvet (VELVET) is currently tracked across 7 exchanges: Binance, Bybit, KuCoin, BingX, Bitget, MEXC, Gate — both USDT-M perpetual futures and USDT spot pairs where available. Data refreshes every minute, and each venue feeds the aggregated metrics (price, turnover, open interest, funding).
- What is the VELVET funding rate now?
- Average VELVET funding across 6 exchanges is +0.0082% — longs are paying shorts. Funding is a periodic payment between perpetual-contract sides that pins the perp price to spot; it is charged every 8 hours on most venues (some run 4-hour or 1-hour cycles). A positive rate means long positioning is dominant; sustained readings above +0.05% historically signal long-side overcrowding and frequently precede a long-squeeze — a sharp reversal as longs get force-liquidated.
- What is the VELVET open interest now?
- Total VELVET open interest across our tracked venues is 70M (~$6.74M in USD). Open interest is the aggregate notional of unsettled futures contracts (each contract is one long + one short, counted once). Rising OI with rising price confirms fresh money entering and trend strength; rising OI with falling price points to aggressive short build-up; falling OI signals position unwinding and weakening momentum. Watch OI live in the dashboard or set an OI-spike alert below.
- How can I get an alert on VELVET price, OI or funding moves?
- JustScreener scans all 4000+ pairs on 10 exchanges every minute — there is no list of coins to configure. For price, OI or volume alerts use the Custom Screener; for funding — the Funding Screener. A Telegram or push notification fires the moment a rule triggers.