Algorand (ALGO) price and market data
- Price
- $0.09133
- 24h change
- -2.24%
- Market cap
- $829.10M
- 24h volume
- $31.80M
- 24h high
- $0.09455
- 24h low
- $0.09008
- All-time high
- $3.56
- Circulating supply
- 9.08B
About Algorand
Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services.
Trading ALGO on Hypertradeworx
Hypertradeworx is a self-custodial trading terminal. Where ALGO is listed as a perpetual, the same order ticket routes to Hyperliquid, Lighter, AsterDex, GMX and Ostium, so you choose the venue per trade instead of moving funds between apps. Your keys stay on your device throughout, and you can fund by card, swap across chains, or withdraw without an exchange account.
Holding a perpetual costs or pays funding for as long as the position is open. What is a funding rate covers how that is charged, and live perp DEX funding rates shows what each venue is paying now.
Questions
- What is Algorand?
- Algorand is a scalable, secure, and decentralized digital currency and smart contract platform. Its protocol uses a variation of Proof-of-Stake (PoS) called Pure PoS (PPoS) to secure the network and reach consensus on block production. Developers can build decentralized applications (dApps) using familiar programming languages, including Python, which Algorand supports natively. Its infrastructure enables various use cases, including payment systems, digital identity solutions, supply-chain tracking, and financial services.
- What is the current Algorand price?
- Algorand trades at $0.09133, -2.24% over the last 24 hours. Prices update live in the terminal above.
- Can I trade ALGO perpetuals?
- Where ALGO is listed as a perpetual, Hypertradeworx routes the order across Hyperliquid, Lighter, AsterDex, GMX and Ostium from a single ticket, with your keys held in a self-custodial wallet on your device.
- What is the Algorand market cap?
- Algorand has a market capitalisation of $829.10M, ranking #79 by market cap, with $31.80M traded in the last 24 hours.
Market data is provided for information only and is not investment advice. Trading crypto and perpetual futures carries significant risk, including the total loss of principal.