About LINK Perpetual

The Chainlink (LINK) Perpetual-Style Futures contract is a 5-year cash-settled futures contract that trades 24/7 and allows traders to manage risk, trade on margin, or speculate on the price of LINK. Each contract represents 50 LINK. This contract incorporates a funding rate mechanism to keep the futures prices closely aligned with the price of LINK. Perpetual-style futures contracts also enjoy the 60/40 tax treatment, where 60% of the gains are taxed as long-term capital gains and 40% as short-term capital gains, regardless of the holding period.

This contract is available to trade on Coinbase Derivatives Exchange (CDE).Trading is available 24/7 with a 1 hr break on Fridays 5-6 EST. The market is currently open.

Contract Details

Funding rate

0.0012%

Funding Est.

about 1 hour

Direction

Long pays short

Expiry

Dec 2030 (4 years)

Contract size

50 Chainlink

Currency

USD

Stats

Open interest

$3.09K

Settlement price

Not enough data

Volume (24h)

$9.82K

1,203%

Price trends

Price change (24h)

3.54%

Mid price

$8.90

High (24h)

$9.05

Low (24h)

$8.40

High (1Y)

$14.40

Low (1Y)

$7.14

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