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Trade Pudgy Penguins perps on

OCT 4, 2026

3 MIN READ

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PENGU-PERP is a perpetual future on the token of Pudgy Penguins, the NFT and consumer brand. It trades in the same cross-margin account as BTC, ETH and every other Aevo market.

Mark price$0.00735
Index price$0.00736
Mark vs index-0.095%
Funding rate (1h)+0.0006%
Open interest$163.5K
Max leverage3x
SettlementUSDC

Snapshot from 25 October 2026. These figures refresh from the Aevo public API when it is reachable from this page. Funding is shown per one-hour funding period.

Figure 1 / Live

Index price, last 7 days

-1.13% over 7 days
7-DAY HIGH $0.0083LOW $0.0071

Hourly index prices over the 7 days to 25 October 2026. The chart refreshes from the Aevo public API when it is reachable from this page.

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PENGU-PERP at the 5 October 2026 snapshot

$0.009840​

Price at the 5 October 2026 snapshot

+7.28%

24-hour change at the snapshot

$218.9K

Open interest on Aevo at the snapshot

+0.0013%

Funding rate at the snapshot, per one-hour period

Figures are from Aevo’s market list at the snapshot. The live strip above refreshes when the page loads.

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Pudgy Penguins in brief

  • PENGU launched on Solana in December 2024 with an airdrop to the Pudgy Penguins community.

  • Pudgy Penguins began as an Ethereum NFT collection and grew into a consumer brand with toys and media.

  • The token trades on brand attention as much as on crypto markets.

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PENGU-PERP at a glance

Parameter

Value

Quote and settlement

USDC. USDT accepted as collateral since 18 Aug 2026

Quote and settlement

USDC. USDT accepted as collateral since 18 Aug 2026

Funding

Hourly, exchanged between longs and shorts

Funding

Hourly, exchanged between longs and shorts

Account

Same cross-margin pool as every other Aevo position

Account

Same cross-margin pool as every other Aevo position

Leverage, margin and liquidation fee

Set per market. Liquidation fees are 1% on tier 1 perps and 3% on tier 2, so check the ticket

Leverage, margin and liquidation fee

Set per market. Liquidation fees are 1% on tier 1 perps and 3% on tier 2, so check the ticket

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What moves the price of Pudgy Penguins?

  • Brand and retail reach. Consumer products and partnerships drive attention.

  • NFT market sentiment. PENGU often moves with appetite for NFTs and culture tokens.

  • Memecoin cycles. It behaves like other high-beta community tokens.

  • Supply events. Unlocks and distributions matter for a token this young.

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Where would a PENGU position be liquidated?

Memecoins can move 15% in a day, so the calculator starts at 3x. Set the maintenance margin to the figure on the PENGU ticket.

Figure 1 / Interactive

Where does a leveraged position get liquidated?

Liquidation price93.00
Move against you7.0%
Initial margin10.0%
406080100120140160ENTRY 100LIQUIDATION 93.0LONG: LOSS RISK TO THE LEFT
Simplified isolated-margin model with an entry price of 100. It ignores fees and funding, which move the real liquidation price. Aevo’s standard perpetual maintenance margin is 3%.

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Risks of a leveraged PENGU position

  • Leverage. Altcoin and equity perps can move further in a day than BTC, so the same leverage sits closer to liquidation.

  • Attention-driven moves. With no revenue behind the token, sentiment can reverse within hours.

  • Funding. Crowded positions pay funding every hour the imbalance lasts.

  • Cross-margin spillover. A loss here draws on collateral that backs your other positions.

  • Thin books. Large market orders can move the price.

Ready to trade Pudgy Penguins?

PENGU-PERP in the same account as your other positions.

Trade PENGU-PERP ↗

WHERE TO GO NEXT

Browse every crypto perpetual market on Aevo with live mark and index prices. For live price and funding on World, see the World perpetual. For live price and funding on Arbitrum, see the Arbitrum perpetual. For live price and funding on dogwifhat, see the dogwifhat perpetual. Before sizing anything, check how liquidation works with the interactive leverage calculator. Start with what are perpetual futures if funding, mark price and liquidation are new to you. To see how a hedge can lower what a perp needs, read how cross margin perps & options work together on one account.

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Frequently asked questions

What is PENGU-PERP on Aevo?

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How often is funding paid on PENGU-PERP?

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Can I use PERPS+ on PENGU?

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Do I need PENGU to trade PENGU-PERP?

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Open the PENGU perp

USDC settlement, one cross-margin account.

Trade PENGU-PERP ↗

MARKET

PENGU-PERP

COLLATERAL

USDC AND USDT

HOURS

24 / 7 / 365

MARKETS / PUDGY PENGUINS / PENGU-PERP

Market pages are for information only and aren’t financial advice. Perpetual futures are leveraged and you can lose your full position. Live figures come from the Aevo public API and can change.