The Protocol — Live Price, Open Interest & Funding
THEThe Protocol (THE) is a meme cryptocurrency tracked by JustScreener. It is currently trading at $0.084769, down 1.46% over the last 24 hours. The 24-hour range has stretched from $0.082671 to $0.087064. 24-hour volume reached 34M THE (~$2.89M), with total turnover of $2.88M. Open interest on perpetual futures sits at 45M THE ($3.82M), reflecting the size of leveraged positions still open. Average funding rate across 6 exchanges is -0.0123%, with shorts paying longs — typically a sign of bearish positioning. Market capitalisation is $84.77M, with a circulating supply of 1B THE out of a maximum of 1B THE. The Protocol launched in 2023. Live data is aggregated from 7 major exchanges including Binance, Bybit, KuCoin.
Markets
| Exchange | Price | Turnover 24h | Funding |
|---|---|---|---|
| Binance | $0.0846 | $1.6M | +0.005% |
| Bybit | $0.08472 | $223K | -0.0007% |
| KuCoin | $0.0847 | $35K | -0.0932% |
| BingX | $0.0847 | $48K | — |
| Bitget | $0.0847 | $371K | +0.005% |
| MEXC | $0.0846 | $91K | +0.005% |
| Gate | $0.0848 | $43K | +0.005% |
Price changes
Key data
- Open interest
- 45M THE ($3.82M)
- Turnover · 24h
- $2.88M
- Volume · 24h
- 34M THE ($2.89M)
- Fully diluted market cap
- $84.77M
- Circulating supply
- 1B THE
- Total supply
- 1B THE
- Max. supply
- 1B THE
Profile
- Type
- Token
- Category
- Meme
- Date Launched
- 05 Jan 2023
Links
Funding rate The Protocol
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.
The Protocol Price & Volume by Exchange
| Exchange | Futures | Spot | Open interest | Turnover 24h | Funding |
|---|---|---|---|---|---|
| Binance | $0.0846 | $0.0849 | 22M | $1.6M | +0.005% |
| Bybit | $0.08472 | — | 3.7M | $223K | -0.0007% |
| KuCoin | $0.0847 | — | 10M | $35K | -0.0932% |
| BingX | — | $0.0847 | — | $48K | — |
| Bitget | $0.0847 | — | 6M | $371K | +0.005% |
| MEXC | $0.0846 | $0.08484 | 1.8M | $91K | +0.005% |
| Gate | $0.0848 | $0.08513 | 1.6M | $43K | +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 The Protocol (THE)?
- The Protocol (THE) is currently trading at $0.084769 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 THE traded?
- The Protocol (THE) 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 THE funding rate now?
- Average THE funding across 6 exchanges is −0.0123% — shorts are paying longs. 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 negative rate means short positioning is dominant; sustained readings below −0.05% commonly precede a short-squeeze — a sharp move up as shorts cover at market.
- What is the THE open interest now?
- Total THE open interest across our tracked venues is 45M (~$3.82M 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 THE 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.