分析 Algorand 的期貨情緒：當前衍生品數據

2026-08-11
分析 Algorand 的期貨情緒：當前衍生品數據

Algorand 期貨情緒 2026 年 8 月顯示，交易者堅定地持有多頭，即使價格一直掙扎。ALGO 價格接近 0.0815 美元，儘管過去一週下降了 8.64%，但 24 小時僅小幅下跌 0.33%。未平倉合約約為 4500 萬美元，過去一天的期貨交易量超過 4600 萬美元。

根據 Coinalyze 的數據，綜合的多空比率顯示，大約有 61% 到 62% 的帳戶在大多數時間框架中持有淨多頭頭寸，這一明顯的傾斜在本週較弱的價格行動中顯得尤為突出。

關鍵摘要

  • Coinalyze 數據顯示，Algorand 的長短倉比率在不同時間框架中介於 1.59 和 1.65 之間，這意味著大約 61% 到 62% 的賬戶持有多頭部位。

  • 根據約4500萬美元的未平倉合約和超過4600萬美元的24小時期貨交易量，顯示出ALGO的衍生品活動穩定，雖然不算活躍。

  • 資金費率在不同交易所之間混合，Binance、Bybit 和 Huobi 顯示為正數，而 Hyperliquid、Kraken 和 OKX 則為負數，且沒有任何單一交易所顯示出極端的讀數。

Algorand 的價格和市場快照本週

Algorand 在這一週的表現比大多數都要艱難，隨著ALGO 交易接近 0.0815 美元在過去七天內，跌幅達8.64%。而24小時的情況則顯得較為平穩，價格僅下跌0.33%，這表明本週的大部分下跌發生在之前，而不是最近的交易時段。

Algorand futures sentiment August 2026 points to traders leaning firmly long even as price has struggled. ALGO trades near 0.0815 dollars, down 8.64 percent over the past week despite only a small 24 hour dip of 0.33 percent. Open interest sits around 45 million dollars, with futures volume over the past day topping 46 million dollars. According data from Coinalyze's aggregated long short ratio shows roughly 61 to 62 percent of accounts holding net long positions across most timeframes, a clear tilt that stands out against the week's weaker price action. Key Takeaways Coinalyze data shows Algorand's long short ratio between 1.59 and 1.65 across timeframes, meaning roughly 61 to 62 percent of accounts are positioned long. Open interest of around 45 million dollars and 24 hour futures volume above 46 million dollars point to steady, if modest, derivatives activity for ALGO. Funding rates are mixed across exchanges, positive on Binance, Bybit and Huobi but negative on Hyperliquid, Kraken and OKX, with no single exchange showing an extreme reading. Algorand's Price and Market Snapshot This Week Algorand has had a rougher week than most, with ALGO trading close to 0.0815 dollars after falling 8.64 percent over the past seven days. The 24 hour picture looks calmer, with price down just 0.33 percent, suggesting the bulk of the week's decline happened earlier rather than in the most recent session. 1D ALGO/USDT price chart, Source: BitrueSpot Market capitalization currently sits at roughly 733.7 million dollars, with a circulating supply of just over 9 billion ALGO out of a fixed maximum supply of 10 billion. Spot trading volume over the past 24 hours came in at around 10.1 million dollars, considerably smaller than the 46.2 million dollars seen in futures volume over the same period. That imbalance between spot and futures activity is fairly common for a mid cap token like Algorand, where derivatives trading tends to dominate day to day price discovery. With the weekly trend still pointing down, the open interest and positioning data below become useful for understanding whether traders expect the slide to continue or fade. Open Interest and Futures Volume for ALGO 4h ALGO/USD Open interest chart, Source: Coinalyze According to Bitrue Research Institute, open interest for Algorand currently stands at around 45.1 million dollars, a figure that reflects the total value of futures contracts still open across major exchanges. That is a modest number relative to larger caps, which fits ALGO's position as a mid tier asset rather than one of the most heavily traded coins in the derivatives market. Futures volume over the past 24 hours came in at 46.2 million dollars, roughly in line with open interest itself, which usually signals normal turnover rather than a rush of new positioning. Liquidations were minimal, with only around 23,000 dollars in ALGO futures positions forced closed over the same period. That is a small figure by any measure and suggests leverage has not become stretched on either side. Altogether, the data points to a derivatives market that is active but orderly, without the kind of buildup that typically precedes a sharp liquidation event. Read Also: Algorand Quantum Resistance Roadmap: Post-Quantum Future for ALGO Funding Rate and Long Short Ratio: Reading ALGO Trader Positioning ALGO funding rate, Source: Coinalyze Funding rate data from Coinalyze shows a genuinely mixed picture across exchanges. Binance, Bybit, Huobi and WOO X all show a small positive funding rate, meaning long traders on those platforms are paying a modest premium to shorts. Hyperliquid, Kraken and OKX show the opposite, with negative funding rates indicating shorts are paying longs there instead. None of these figures are extreme in either direction, which suggests no single exchange has become overly crowded on one side. ALGO long short ratio statistic, Source: Coinalyze The long short ratio tells a more one sided story. Across the five minute, thirty minute, one hour, four hour and daily timeframes, the ratio ranges between 1.59 and 1.65, meaning roughly 61 to 62 percent of accounts hold net long positions. That is a fairly firm lean towards longs, and it stands in contrast to a week where price has fallen close to 9 percent. This kind of gap between positioning and price performance is worth watching, since it can resolve either through a recovery that rewards the long bias or further downside that tests those positions. What the Data Could Mean for ALGO Traders 4h ALGO/USD Long Short ratio, Source: Coinalyze Reading positioning data alongside price action rather than in isolation tends to give a clearer picture. A long short ratio skewed towards 61 to 62 percent long, alongside a week where price has dropped 8.64 percent, suggests a portion of traders are either buying the dip or have been caught on the wrong side of the move. Funding rate staying mixed rather than extreme means this has not yet turned into the kind of crowded, one directional bet that often triggers a sharp squeeze. Beyond the derivatives data, Algorand's network recently reported around 1,540 validators, a level that places it among the more decentralised proof of stake networks by that measure, which is a separate but relevant context for anyone weighing the token's longer term fundamentals. If ALGO stabilises and price begins to recover, the existing long bias could accelerate that move. If the decline continues instead, some of those long positions may be forced to close, which could add further pressure. For traders who want to track how this data develops, it may be worth choosing to sign up to bitrue.com and follow ALGO's open interest and price from a single account. Read Also: Algorand Ecosystem Tokens Conclusion Algorand's derivatives data this week paints a market where positioning and price are pulling in different directions. ALGO has fallen 8.64 percent over the past seven days, yet the long short ratio shows roughly 61 to 62 percent of accounts still holding net long positions, with funding rates staying mixed rather than extreme across exchanges. Open interest and futures volume both point to steady, orderly activity rather than a market under stress. None of this guarantees which way ALGO moves next, but it does highlight a gap worth watching. For traders who want to follow this data and act on it directly, Bitrue offers an easier and comparatively safer way to trade Algorand, with spot, futures and staking options in one place. FAQ What does Algorand's long short ratio show right now? Coinalyze's data puts the ratio between 1.59 and 1.65 across timeframes, meaning around 61 to 62 percent of accounts hold net long positions on ALGO futures. Why is ALGO's funding rate different across exchanges? Funding rate depends on each exchange's own mix of traders and order flow, so it is normal to see small positive rates on some platforms and small negative rates on others at the same time. Has Algorand's open interest changed much recently? Open interest sits at around 45 million dollars, broadly in line with 24 hour futures volume, which points to steady rather than sharply rising or falling participation. Why has ALGO's price fallen while long positioning stays high? This can happen when traders buy into a decline expecting a recovery, though it can also mean some long positions are under pressure if the price keeps falling. Where can I trade or stake Algorand? Bitrue supports ALGO spot and futures trading as well as flexible staking, making it possible to trade or hold the token from a single account. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Always conduct your own research before making investment decisions. Certain products and services referenced may not be available to residents of restricted jurisdictions, including but not limited to the United States, Canada, the United Kingdom, the European Economic Area, and China.

1D ALGO/USDT 價格圖表，來源：BitrueSpot

市場資本總值目前約為7.337億美元，流通供應量剛好超過90億ALGO，最大固定供應量為100億。在過去24小時內的現貨交易量為約1010萬美元，遠低於同期期貨交易量的4620萬美元。

這種即期交易和期貨交易之間的不平衡在像Algorand這樣的中型代幣中相當常見，該代幣的衍生品交易往往主導著日常的價格發現。

隨著每週趨勢仍然指向下跌，下面的未平倉合約和倉位數據變得有用，以了解交易者是否預期下跌將繼續還是減弱。

ALGO的未平倉合約與期貨成交量

Algorand futures sentiment August 2026 points to traders leaning firmly long even as price has struggled. ALGO trades near 0.0815 dollars, down 8.64 percent over the past week despite only a small 24 hour dip of 0.33 percent. Open interest sits around 45 million dollars, with futures volume over the past day topping 46 million dollars. According data from Coinalyze's aggregated long short ratio shows roughly 61 to 62 percent of accounts holding net long positions across most timeframes, a clear tilt that stands out against the week's weaker price action. Key Takeaways Coinalyze data shows Algorand's long short ratio between 1.59 and 1.65 across timeframes, meaning roughly 61 to 62 percent of accounts are positioned long. Open interest of around 45 million dollars and 24 hour futures volume above 46 million dollars point to steady, if modest, derivatives activity for ALGO. Funding rates are mixed across exchanges, positive on Binance, Bybit and Huobi but negative on Hyperliquid, Kraken and OKX, with no single exchange showing an extreme reading. Algorand's Price and Market Snapshot This Week Algorand has had a rougher week than most, with ALGO trading close to 0.0815 dollars after falling 8.64 percent over the past seven days. The 24 hour picture looks calmer, with price down just 0.33 percent, suggesting the bulk of the week's decline happened earlier rather than in the most recent session. 1D ALGO/USDT price chart, Source: BitrueSpot Market capitalization currently sits at roughly 733.7 million dollars, with a circulating supply of just over 9 billion ALGO out of a fixed maximum supply of 10 billion. Spot trading volume over the past 24 hours came in at around 10.1 million dollars, considerably smaller than the 46.2 million dollars seen in futures volume over the same period. That imbalance between spot and futures activity is fairly common for a mid cap token like Algorand, where derivatives trading tends to dominate day to day price discovery. With the weekly trend still pointing down, the open interest and positioning data below become useful for understanding whether traders expect the slide to continue or fade. Open Interest and Futures Volume for ALGO 4h ALGO/USD Open interest chart, Source: Coinalyze According to Bitrue Research Institute, open interest for Algorand currently stands at around 45.1 million dollars, a figure that reflects the total value of futures contracts still open across major exchanges. That is a modest number relative to larger caps, which fits ALGO's position as a mid tier asset rather than one of the most heavily traded coins in the derivatives market. Futures volume over the past 24 hours came in at 46.2 million dollars, roughly in line with open interest itself, which usually signals normal turnover rather than a rush of new positioning. Liquidations were minimal, with only around 23,000 dollars in ALGO futures positions forced closed over the same period. That is a small figure by any measure and suggests leverage has not become stretched on either side. Altogether, the data points to a derivatives market that is active but orderly, without the kind of buildup that typically precedes a sharp liquidation event. Read Also: Algorand Quantum Resistance Roadmap: Post-Quantum Future for ALGO Funding Rate and Long Short Ratio: Reading ALGO Trader Positioning ALGO funding rate, Source: Coinalyze Funding rate data from Coinalyze shows a genuinely mixed picture across exchanges. Binance, Bybit, Huobi and WOO X all show a small positive funding rate, meaning long traders on those platforms are paying a modest premium to shorts. Hyperliquid, Kraken and OKX show the opposite, with negative funding rates indicating shorts are paying longs there instead. None of these figures are extreme in either direction, which suggests no single exchange has become overly crowded on one side. ALGO long short ratio statistic, Source: Coinalyze The long short ratio tells a more one sided story. Across the five minute, thirty minute, one hour, four hour and daily timeframes, the ratio ranges between 1.59 and 1.65, meaning roughly 61 to 62 percent of accounts hold net long positions. That is a fairly firm lean towards longs, and it stands in contrast to a week where price has fallen close to 9 percent. This kind of gap between positioning and price performance is worth watching, since it can resolve either through a recovery that rewards the long bias or further downside that tests those positions. What the Data Could Mean for ALGO Traders 4h ALGO/USD Long Short ratio, Source: Coinalyze Reading positioning data alongside price action rather than in isolation tends to give a clearer picture. A long short ratio skewed towards 61 to 62 percent long, alongside a week where price has dropped 8.64 percent, suggests a portion of traders are either buying the dip or have been caught on the wrong side of the move. Funding rate staying mixed rather than extreme means this has not yet turned into the kind of crowded, one directional bet that often triggers a sharp squeeze. Beyond the derivatives data, Algorand's network recently reported around 1,540 validators, a level that places it among the more decentralised proof of stake networks by that measure, which is a separate but relevant context for anyone weighing the token's longer term fundamentals. If ALGO stabilises and price begins to recover, the existing long bias could accelerate that move. If the decline continues instead, some of those long positions may be forced to close, which could add further pressure. For traders who want to track how this data develops, it may be worth choosing to sign up to bitrue.com and follow ALGO's open interest and price from a single account. Read Also: Algorand Ecosystem Tokens Conclusion Algorand's derivatives data this week paints a market where positioning and price are pulling in different directions. ALGO has fallen 8.64 percent over the past seven days, yet the long short ratio shows roughly 61 to 62 percent of accounts still holding net long positions, with funding rates staying mixed rather than extreme across exchanges. Open interest and futures volume both point to steady, orderly activity rather than a market under stress. None of this guarantees which way ALGO moves next, but it does highlight a gap worth watching. For traders who want to follow this data and act on it directly, Bitrue offers an easier and comparatively safer way to trade Algorand, with spot, futures and staking options in one place. FAQ What does Algorand's long short ratio show right now? Coinalyze's data puts the ratio between 1.59 and 1.65 across timeframes, meaning around 61 to 62 percent of accounts hold net long positions on ALGO futures. Why is ALGO's funding rate different across exchanges? Funding rate depends on each exchange's own mix of traders and order flow, so it is normal to see small positive rates on some platforms and small negative rates on others at the same time. Has Algorand's open interest changed much recently? Open interest sits at around 45 million dollars, broadly in line with 24 hour futures volume, which points to steady rather than sharply rising or falling participation. Why has ALGO's price fallen while long positioning stays high? This can happen when traders buy into a decline expecting a recovery, though it can also mean some long positions are under pressure if the price keeps falling. Where can I trade or stake Algorand? Bitrue supports ALGO spot and futures trading as well as flexible staking, making it possible to trade or hold the token from a single account. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Always conduct your own research before making investment decisions. Certain products and services referenced may not be available to residents of restricted jurisdictions, including but not limited to the United States, Canada, the United Kingdom, the European Economic Area, and China.

4小時 ALGO/USD 未平倉合約圖表，來源：Coinalyze

根據 Bitrue 研究院，目前 Algorand 的未平倉合約總值約為 4510 萬美元，這一數字反映了主要交易所中仍然開放的期貨合約的總價值。這個數字相對於大市值資產來說是個適中的數字，符合 ALGO 作為中型資產的定位，而不是衍生品市場中最活躍交易的幣種之一。

在過去24小時內，期貨交易量達到4620萬美元，大致符合未平倉合約的數量，這通常表明正常的交易週轉，而不是新倉位的急劇增加。平倉情況很輕微，在同一時期內，只有約23,000美元的ALGO期貨頭寸被強制平倉。

這是一個任何標準都算小的數字，並且顯示出槓桿在任何一方都沒有變得過度。總的來說，數據顯示出衍生品市場活躍但有序，沒有那種通常在劇烈平倉事件前的積累現象。

閱讀更多：Algorand 量子抵抗路線圖：ALGO 的後量子未來

資金利率和多空比率：解讀 ALGO 交易者的持倉情況

Algorand futures sentiment August 2026 points to traders leaning firmly long even as price has struggled. ALGO trades near 0.0815 dollars, down 8.64 percent over the past week despite only a small 24 hour dip of 0.33 percent. Open interest sits around 45 million dollars, with futures volume over the past day topping 46 million dollars. According data from Coinalyze's aggregated long short ratio shows roughly 61 to 62 percent of accounts holding net long positions across most timeframes, a clear tilt that stands out against the week's weaker price action. Key Takeaways Coinalyze data shows Algorand's long short ratio between 1.59 and 1.65 across timeframes, meaning roughly 61 to 62 percent of accounts are positioned long. Open interest of around 45 million dollars and 24 hour futures volume above 46 million dollars point to steady, if modest, derivatives activity for ALGO. Funding rates are mixed across exchanges, positive on Binance, Bybit and Huobi but negative on Hyperliquid, Kraken and OKX, with no single exchange showing an extreme reading. Algorand's Price and Market Snapshot This Week Algorand has had a rougher week than most, with ALGO trading close to 0.0815 dollars after falling 8.64 percent over the past seven days. The 24 hour picture looks calmer, with price down just 0.33 percent, suggesting the bulk of the week's decline happened earlier rather than in the most recent session. 1D ALGO/USDT price chart, Source: BitrueSpot Market capitalization currently sits at roughly 733.7 million dollars, with a circulating supply of just over 9 billion ALGO out of a fixed maximum supply of 10 billion. Spot trading volume over the past 24 hours came in at around 10.1 million dollars, considerably smaller than the 46.2 million dollars seen in futures volume over the same period. That imbalance between spot and futures activity is fairly common for a mid cap token like Algorand, where derivatives trading tends to dominate day to day price discovery. With the weekly trend still pointing down, the open interest and positioning data below become useful for understanding whether traders expect the slide to continue or fade. Open Interest and Futures Volume for ALGO 4h ALGO/USD Open interest chart, Source: Coinalyze According to Bitrue Research Institute, open interest for Algorand currently stands at around 45.1 million dollars, a figure that reflects the total value of futures contracts still open across major exchanges. That is a modest number relative to larger caps, which fits ALGO's position as a mid tier asset rather than one of the most heavily traded coins in the derivatives market. Futures volume over the past 24 hours came in at 46.2 million dollars, roughly in line with open interest itself, which usually signals normal turnover rather than a rush of new positioning. Liquidations were minimal, with only around 23,000 dollars in ALGO futures positions forced closed over the same period. That is a small figure by any measure and suggests leverage has not become stretched on either side. Altogether, the data points to a derivatives market that is active but orderly, without the kind of buildup that typically precedes a sharp liquidation event. Read Also: Algorand Quantum Resistance Roadmap: Post-Quantum Future for ALGO Funding Rate and Long Short Ratio: Reading ALGO Trader Positioning ALGO funding rate, Source: Coinalyze Funding rate data from Coinalyze shows a genuinely mixed picture across exchanges. Binance, Bybit, Huobi and WOO X all show a small positive funding rate, meaning long traders on those platforms are paying a modest premium to shorts. Hyperliquid, Kraken and OKX show the opposite, with negative funding rates indicating shorts are paying longs there instead. None of these figures are extreme in either direction, which suggests no single exchange has become overly crowded on one side. ALGO long short ratio statistic, Source: Coinalyze The long short ratio tells a more one sided story. Across the five minute, thirty minute, one hour, four hour and daily timeframes, the ratio ranges between 1.59 and 1.65, meaning roughly 61 to 62 percent of accounts hold net long positions. That is a fairly firm lean towards longs, and it stands in contrast to a week where price has fallen close to 9 percent. This kind of gap between positioning and price performance is worth watching, since it can resolve either through a recovery that rewards the long bias or further downside that tests those positions. What the Data Could Mean for ALGO Traders 4h ALGO/USD Long Short ratio, Source: Coinalyze Reading positioning data alongside price action rather than in isolation tends to give a clearer picture. A long short ratio skewed towards 61 to 62 percent long, alongside a week where price has dropped 8.64 percent, suggests a portion of traders are either buying the dip or have been caught on the wrong side of the move. Funding rate staying mixed rather than extreme means this has not yet turned into the kind of crowded, one directional bet that often triggers a sharp squeeze. Beyond the derivatives data, Algorand's network recently reported around 1,540 validators, a level that places it among the more decentralised proof of stake networks by that measure, which is a separate but relevant context for anyone weighing the token's longer term fundamentals. If ALGO stabilises and price begins to recover, the existing long bias could accelerate that move. If the decline continues instead, some of those long positions may be forced to close, which could add further pressure. For traders who want to track how this data develops, it may be worth choosing to sign up to bitrue.com and follow ALGO's open interest and price from a single account. Read Also: Algorand Ecosystem Tokens Conclusion Algorand's derivatives data this week paints a market where positioning and price are pulling in different directions. ALGO has fallen 8.64 percent over the past seven days, yet the long short ratio shows roughly 61 to 62 percent of accounts still holding net long positions, with funding rates staying mixed rather than extreme across exchanges. Open interest and futures volume both point to steady, orderly activity rather than a market under stress. None of this guarantees which way ALGO moves next, but it does highlight a gap worth watching. For traders who want to follow this data and act on it directly, Bitrue offers an easier and comparatively safer way to trade Algorand, with spot, futures and staking options in one place. FAQ What does Algorand's long short ratio show right now? Coinalyze's data puts the ratio between 1.59 and 1.65 across timeframes, meaning around 61 to 62 percent of accounts hold net long positions on ALGO futures. Why is ALGO's funding rate different across exchanges? Funding rate depends on each exchange's own mix of traders and order flow, so it is normal to see small positive rates on some platforms and small negative rates on others at the same time. Has Algorand's open interest changed much recently? Open interest sits at around 45 million dollars, broadly in line with 24 hour futures volume, which points to steady rather than sharply rising or falling participation. Why has ALGO's price fallen while long positioning stays high? This can happen when traders buy into a decline expecting a recovery, though it can also mean some long positions are under pressure if the price keeps falling. Where can I trade or stake Algorand? Bitrue supports ALGO spot and futures trading as well as flexible staking, making it possible to trade or hold the token from a single account. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Always conduct your own research before making investment decisions. Certain products and services referenced may not be available to residents of restricted jurisdictions, including but not limited to the United States, Canada, the United Kingdom, the European Economic Area, and China.

ALGO 資金利率，來源：Coinalyze

來自 Coinalyze 的資金利率數據顯示出各交易所之間的真實混合情況。Binance、Bybit、Huobi 和 WOO X 都顯示出小幅正的資金費率，這意味著在這些平台上的多頭交易者需要支付給空頭一個小的溢價。

Hyperliquid、Kraken 和 OKX 顯示出相反的情況，負資金利率表明空頭正在向多頭支付資金。這些數據在任何一個方向上都不是極端的，這表明沒有一個單一的交易所在某一方面變得過於擁擠。

Algorand futures sentiment August 2026 points to traders leaning firmly long even as price has struggled. ALGO trades near 0.0815 dollars, down 8.64 percent over the past week despite only a small 24 hour dip of 0.33 percent. Open interest sits around 45 million dollars, with futures volume over the past day topping 46 million dollars. According data from Coinalyze's aggregated long short ratio shows roughly 61 to 62 percent of accounts holding net long positions across most timeframes, a clear tilt that stands out against the week's weaker price action. Key Takeaways Coinalyze data shows Algorand's long short ratio between 1.59 and 1.65 across timeframes, meaning roughly 61 to 62 percent of accounts are positioned long. Open interest of around 45 million dollars and 24 hour futures volume above 46 million dollars point to steady, if modest, derivatives activity for ALGO. Funding rates are mixed across exchanges, positive on Binance, Bybit and Huobi but negative on Hyperliquid, Kraken and OKX, with no single exchange showing an extreme reading. Algorand's Price and Market Snapshot This Week Algorand has had a rougher week than most, with ALGO trading close to 0.0815 dollars after falling 8.64 percent over the past seven days. The 24 hour picture looks calmer, with price down just 0.33 percent, suggesting the bulk of the week's decline happened earlier rather than in the most recent session. 1D ALGO/USDT price chart, Source: BitrueSpot Market capitalization currently sits at roughly 733.7 million dollars, with a circulating supply of just over 9 billion ALGO out of a fixed maximum supply of 10 billion. Spot trading volume over the past 24 hours came in at around 10.1 million dollars, considerably smaller than the 46.2 million dollars seen in futures volume over the same period. That imbalance between spot and futures activity is fairly common for a mid cap token like Algorand, where derivatives trading tends to dominate day to day price discovery. With the weekly trend still pointing down, the open interest and positioning data below become useful for understanding whether traders expect the slide to continue or fade. Open Interest and Futures Volume for ALGO 4h ALGO/USD Open interest chart, Source: Coinalyze According to Bitrue Research Institute, open interest for Algorand currently stands at around 45.1 million dollars, a figure that reflects the total value of futures contracts still open across major exchanges. That is a modest number relative to larger caps, which fits ALGO's position as a mid tier asset rather than one of the most heavily traded coins in the derivatives market. Futures volume over the past 24 hours came in at 46.2 million dollars, roughly in line with open interest itself, which usually signals normal turnover rather than a rush of new positioning. Liquidations were minimal, with only around 23,000 dollars in ALGO futures positions forced closed over the same period. That is a small figure by any measure and suggests leverage has not become stretched on either side. Altogether, the data points to a derivatives market that is active but orderly, without the kind of buildup that typically precedes a sharp liquidation event. Read Also: Algorand Quantum Resistance Roadmap: Post-Quantum Future for ALGO Funding Rate and Long Short Ratio: Reading ALGO Trader Positioning ALGO funding rate, Source: Coinalyze Funding rate data from Coinalyze shows a genuinely mixed picture across exchanges. Binance, Bybit, Huobi and WOO X all show a small positive funding rate, meaning long traders on those platforms are paying a modest premium to shorts. Hyperliquid, Kraken and OKX show the opposite, with negative funding rates indicating shorts are paying longs there instead. None of these figures are extreme in either direction, which suggests no single exchange has become overly crowded on one side. ALGO long short ratio statistic, Source: Coinalyze The long short ratio tells a more one sided story. Across the five minute, thirty minute, one hour, four hour and daily timeframes, the ratio ranges between 1.59 and 1.65, meaning roughly 61 to 62 percent of accounts hold net long positions. That is a fairly firm lean towards longs, and it stands in contrast to a week where price has fallen close to 9 percent. This kind of gap between positioning and price performance is worth watching, since it can resolve either through a recovery that rewards the long bias or further downside that tests those positions. What the Data Could Mean for ALGO Traders 4h ALGO/USD Long Short ratio, Source: Coinalyze Reading positioning data alongside price action rather than in isolation tends to give a clearer picture. A long short ratio skewed towards 61 to 62 percent long, alongside a week where price has dropped 8.64 percent, suggests a portion of traders are either buying the dip or have been caught on the wrong side of the move. Funding rate staying mixed rather than extreme means this has not yet turned into the kind of crowded, one directional bet that often triggers a sharp squeeze. Beyond the derivatives data, Algorand's network recently reported around 1,540 validators, a level that places it among the more decentralised proof of stake networks by that measure, which is a separate but relevant context for anyone weighing the token's longer term fundamentals. If ALGO stabilises and price begins to recover, the existing long bias could accelerate that move. If the decline continues instead, some of those long positions may be forced to close, which could add further pressure. For traders who want to track how this data develops, it may be worth choosing to sign up to bitrue.com and follow ALGO's open interest and price from a single account. Read Also: Algorand Ecosystem Tokens Conclusion Algorand's derivatives data this week paints a market where positioning and price are pulling in different directions. ALGO has fallen 8.64 percent over the past seven days, yet the long short ratio shows roughly 61 to 62 percent of accounts still holding net long positions, with funding rates staying mixed rather than extreme across exchanges. Open interest and futures volume both point to steady, orderly activity rather than a market under stress. None of this guarantees which way ALGO moves next, but it does highlight a gap worth watching. For traders who want to follow this data and act on it directly, Bitrue offers an easier and comparatively safer way to trade Algorand, with spot, futures and staking options in one place. FAQ What does Algorand's long short ratio show right now? Coinalyze's data puts the ratio between 1.59 and 1.65 across timeframes, meaning around 61 to 62 percent of accounts hold net long positions on ALGO futures. Why is ALGO's funding rate different across exchanges? Funding rate depends on each exchange's own mix of traders and order flow, so it is normal to see small positive rates on some platforms and small negative rates on others at the same time. Has Algorand's open interest changed much recently? Open interest sits at around 45 million dollars, broadly in line with 24 hour futures volume, which points to steady rather than sharply rising or falling participation. Why has ALGO's price fallen while long positioning stays high? This can happen when traders buy into a decline expecting a recovery, though it can also mean some long positions are under pressure if the price keeps falling. Where can I trade or stake Algorand? Bitrue supports ALGO spot and futures trading as well as flexible staking, making it possible to trade or hold the token from a single account. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Always conduct your own research before making investment decisions. Certain products and services referenced may not be available to residents of restricted jurisdictions, including but not limited to the United States, Canada, the United Kingdom, the European Economic Area, and China.

ALGO 多空比率統計，來源：Coinalyze

多空比率講述了一個更為片面的故事。在五分鐘、三十分鐘、一小時、四小時和日線的時間框架中，這個比率介於1.59到1.65之間，這意味著大約61%到62%的帳戶持有淨多頭倉位。

這是一個相當明確的偏向多頭，與價格接近下跌9％的這一周形成對比。

這種定位與價格表現之間的差距值得關注，因為它可能會通過一個獎勵長期偏向的復甦來解決，或者是進一步下行以測試這些位置。

數據對於ALGO交易者的意義

Algorand futures sentiment August 2026 points to traders leaning firmly long even as price has struggled. ALGO trades near 0.0815 dollars, down 8.64 percent over the past week despite only a small 24 hour dip of 0.33 percent. Open interest sits around 45 million dollars, with futures volume over the past day topping 46 million dollars. According data from Coinalyze's aggregated long short ratio shows roughly 61 to 62 percent of accounts holding net long positions across most timeframes, a clear tilt that stands out against the week's weaker price action. Key Takeaways Coinalyze data shows Algorand's long short ratio between 1.59 and 1.65 across timeframes, meaning roughly 61 to 62 percent of accounts are positioned long. Open interest of around 45 million dollars and 24 hour futures volume above 46 million dollars point to steady, if modest, derivatives activity for ALGO. Funding rates are mixed across exchanges, positive on Binance, Bybit and Huobi but negative on Hyperliquid, Kraken and OKX, with no single exchange showing an extreme reading. Algorand's Price and Market Snapshot This Week Algorand has had a rougher week than most, with ALGO trading close to 0.0815 dollars after falling 8.64 percent over the past seven days. The 24 hour picture looks calmer, with price down just 0.33 percent, suggesting the bulk of the week's decline happened earlier rather than in the most recent session. 1D ALGO/USDT price chart, Source: BitrueSpot Market capitalization currently sits at roughly 733.7 million dollars, with a circulating supply of just over 9 billion ALGO out of a fixed maximum supply of 10 billion. Spot trading volume over the past 24 hours came in at around 10.1 million dollars, considerably smaller than the 46.2 million dollars seen in futures volume over the same period. That imbalance between spot and futures activity is fairly common for a mid cap token like Algorand, where derivatives trading tends to dominate day to day price discovery. With the weekly trend still pointing down, the open interest and positioning data below become useful for understanding whether traders expect the slide to continue or fade. Open Interest and Futures Volume for ALGO 4h ALGO/USD Open interest chart, Source: Coinalyze According to Bitrue Research Institute, open interest for Algorand currently stands at around 45.1 million dollars, a figure that reflects the total value of futures contracts still open across major exchanges. That is a modest number relative to larger caps, which fits ALGO's position as a mid tier asset rather than one of the most heavily traded coins in the derivatives market. Futures volume over the past 24 hours came in at 46.2 million dollars, roughly in line with open interest itself, which usually signals normal turnover rather than a rush of new positioning. Liquidations were minimal, with only around 23,000 dollars in ALGO futures positions forced closed over the same period. That is a small figure by any measure and suggests leverage has not become stretched on either side. Altogether, the data points to a derivatives market that is active but orderly, without the kind of buildup that typically precedes a sharp liquidation event. Read Also: Algorand Quantum Resistance Roadmap: Post-Quantum Future for ALGO Funding Rate and Long Short Ratio: Reading ALGO Trader Positioning ALGO funding rate, Source: Coinalyze Funding rate data from Coinalyze shows a genuinely mixed picture across exchanges. Binance, Bybit, Huobi and WOO X all show a small positive funding rate, meaning long traders on those platforms are paying a modest premium to shorts. Hyperliquid, Kraken and OKX show the opposite, with negative funding rates indicating shorts are paying longs there instead. None of these figures are extreme in either direction, which suggests no single exchange has become overly crowded on one side. ALGO long short ratio statistic, Source: Coinalyze The long short ratio tells a more one sided story. Across the five minute, thirty minute, one hour, four hour and daily timeframes, the ratio ranges between 1.59 and 1.65, meaning roughly 61 to 62 percent of accounts hold net long positions. That is a fairly firm lean towards longs, and it stands in contrast to a week where price has fallen close to 9 percent. This kind of gap between positioning and price performance is worth watching, since it can resolve either through a recovery that rewards the long bias or further downside that tests those positions. What the Data Could Mean for ALGO Traders 4h ALGO/USD Long Short ratio, Source: Coinalyze Reading positioning data alongside price action rather than in isolation tends to give a clearer picture. A long short ratio skewed towards 61 to 62 percent long, alongside a week where price has dropped 8.64 percent, suggests a portion of traders are either buying the dip or have been caught on the wrong side of the move. Funding rate staying mixed rather than extreme means this has not yet turned into the kind of crowded, one directional bet that often triggers a sharp squeeze. Beyond the derivatives data, Algorand's network recently reported around 1,540 validators, a level that places it among the more decentralised proof of stake networks by that measure, which is a separate but relevant context for anyone weighing the token's longer term fundamentals. If ALGO stabilises and price begins to recover, the existing long bias could accelerate that move. If the decline continues instead, some of those long positions may be forced to close, which could add further pressure. For traders who want to track how this data develops, it may be worth choosing to sign up to bitrue.com and follow ALGO's open interest and price from a single account. Read Also: Algorand Ecosystem Tokens Conclusion Algorand's derivatives data this week paints a market where positioning and price are pulling in different directions. ALGO has fallen 8.64 percent over the past seven days, yet the long short ratio shows roughly 61 to 62 percent of accounts still holding net long positions, with funding rates staying mixed rather than extreme across exchanges. Open interest and futures volume both point to steady, orderly activity rather than a market under stress. None of this guarantees which way ALGO moves next, but it does highlight a gap worth watching. For traders who want to follow this data and act on it directly, Bitrue offers an easier and comparatively safer way to trade Algorand, with spot, futures and staking options in one place. FAQ What does Algorand's long short ratio show right now? Coinalyze's data puts the ratio between 1.59 and 1.65 across timeframes, meaning around 61 to 62 percent of accounts hold net long positions on ALGO futures. Why is ALGO's funding rate different across exchanges? Funding rate depends on each exchange's own mix of traders and order flow, so it is normal to see small positive rates on some platforms and small negative rates on others at the same time. Has Algorand's open interest changed much recently? Open interest sits at around 45 million dollars, broadly in line with 24 hour futures volume, which points to steady rather than sharply rising or falling participation. Why has ALGO's price fallen while long positioning stays high? This can happen when traders buy into a decline expecting a recovery, though it can also mean some long positions are under pressure if the price keeps falling. Where can I trade or stake Algorand? Bitrue supports ALGO spot and futures trading as well as flexible staking, making it possible to trade or hold the token from a single account. Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile and carry significant risk, including the potential loss of principal. Always conduct your own research before making investment decisions. Certain products and services referenced may not be available to residents of restricted jurisdictions, including but not limited to the United States, Canada, the United Kingdom, the European Economic Area, and China.

4小時 ALGO/USD 多空比率，來源：Coinalyze

閱讀定位數據與價格行動同時考量，而不是孤立地考慮，通常能提供更清晰的畫面。當多空比率偏向61到62％的多頭，並且伴隨著價格下跌8.64％的一周，這表明部分交易者要麼是在逢低買入，要麼是在這一波行情中站錯了邊。

資金費率保持混合而非極端，這意味著目前尚未形成一種擁擠的單邊投注，這種投注通常會觸發劇烈的擠壓。

除了衍生資料外，Algorand 的網絡最近報告了約 1,540 個驗證者，這一數量使其在這種衡量標準下位於較為去中心化的權益證明網絡之中，對於任何評估該代幣長期基本面的人來說，這是一個獨立但相關的背景。

如果 ALGO 稳定下来，并且价格开始回升，现有的多头偏好可能会加速这一走势。如果相反，价格持续下跌，一些多头头寸可能会被迫平仓，这可能会增加进一步的压力。

對於希望追蹤這些數據如何發展的交易者來說，選擇註冊可能值得考慮 bitrue.com並從單一帳戶中跟蹤 ALGO 的未平倉合約和價格。

另請參閱：阿爾戈蘭生態系統代幣

結論

Algorand 本週的衍生品數據顯示，市場的定位和價格朝不同方向發展。ALGO 在過去七天內下跌了 8.64％，然而多空比率顯示大約 61 到 62％ 的帳戶仍然持有淨多頭頭寸，各交易所的資金費率保持混合，而不是極端。

開盤興趣和期貨交易量均指向穩定、有序的活動，而非面臨壓力的市場。這些都無法保證 ALGO 接下來的走向，但確實突顯了值得關注的空白區域。

對於那些希望跟蹤這些數據並直接採取行動的交易者來說，Bitrue 提供了一種更簡單且相對容易的方式。更安全的Algorand交易方式，將現貨、期貨和質押選項集中在一個地方。

常見問題解答

目前Algorand的長短比率顯示什麼？

Coinalyze 的數據顯示，在不同的時間框架中，這個比例介於 1.59 和 1.65 之間，這意味著大約 61% 到 62% 的賬戶在 ALGO 期貨上持有淨多頭頭寸。

為什麼 ALGO 的資金費率在不同的交易所之間會有所不同？

資金費率取決於每個交易所自身的交易者組合和訂單流量，因此在某些平台上同時出現小的正費率和其他平台的小負費率是很正常的。

Algorand的未平倉合約最近有變化嗎？

公開未平倉合約約為4500萬美元，與24小時期貨交易量大致相符，這表明參與度保持穩定，而不是急劇上升或下降。

為什麼 ALGO 的價格下跌，而長期持倉仍然保持高位？

這種情況可能發生在交易者在下跌時買入，期待回升，但如果價格持續下跌，也可能表示一些長期持倉面臨壓力。

您可以在以下平台進行Algorand的交易或質押： 1. **Binance** - 提供Algorand的交易對和質押服務。 2. **Coinbase** - 支援Algorand的買賣和質押功能。 3. **Kraken** - 提供交易Algorand的選項以及質押服務。 4. **Huobi** - 可以在此平台進行Algorand的交易和質押。 5. **eToro** - 提供Algorand的社交交易和質押。 確保在進行交易或質押之前，仔細查看各平台的費用和條款。

Bitrue 支援 ALGO 現貨和期貨交易以及靈活的質押，使得用戶能夠從單一帳戶交易或持有代幣。

免責聲明： 

本文章僅供參考資訊，並不構成金融建議。加密貨幣市場波動性極高，並伴隨著重大風險，包括可能損失本金。在做出投資決策之前，請務必進行自身研究。某些提及的產品和服務可能對於受限司法管轄區的居民無法使用，包括但不限於美國、加拿大、英國、歐洲經濟區及中國。

免責聲明：本文內容不構成財務或投資建議。

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