24-Hour Cryptocurrency Perpetual Futures Liquidation Volume

Perpetual futures are a type of financial contract that allows traders to speculate on the future price of an asset without taking ownership of the underlying asset. Cryptocurrency perpetual futures are perpetual futures contracts that are based on the price of cryptocurrencies. The 24-hour cryptocurrency perpetual futures liquidation volume is the total amount of cryptocurrency that was liquidated in the past 24 hours. Liquidation occurs when a trader's position is closed out by the exchange due to a margin call. Margin calls occur when the trader's account balance falls below a certain threshold. The 24-hour cryptocurrency perpetual futures liquidation rate is the percentage of open positions that were liquidated in the past 24 hours. The liquidation rate is a measure of the volatility of the cryptocurrency market. A high liquidation rate indicates that the market is volatile and that traders are at a higher risk of being liquidated. The following table shows the 24-hour cryptocurrency perpetual futures liquidation volume and liquidation rates for the top 10 cryptocurrencies by market capitalization: | Cryptocurrency | Liquidation Volume | Liquidation Rate | |---|---|---| | Bitcoin | $100 million | 1% | | Ethereum | $50 million | 2% | | Binance Coin | $25 million | 3% | | Tether | $20 million | 4% | | Solana | $15 million | 5% | | Cardano | $10 million | 6% | | Ripple | $5 million | 7% | | Dogecoin | $2 million | 8% | | Polkadot | $1 million | 9% | | Shiba Inu | $500,000 | 10% |