Live Zcash (ZEC) Perpetual Futures Price

Zcash (ZEC) perpetual futures (perps) trade 24/7 on Phoenix, a fully on-chain order book exchange on Solana. As of October 26, 2026, ZEC trades at $1,238.62 with $4,353,019 in open interest. Fees are 0.035% taker and 0.005% maker, and you can use USDC or SOL as collateral.

Mark price$1,238.62+0.28%
Oracle price
$1,239.35
24h high
$1,267.99
24h low
$1,178.71
24h volume
$585,643
Open interest
$4,353,019
1h funding
-0.0004%

ZEC mark price, last 24 hours

17:45 UTC17:30 UTC

ZEC contract specifications

Contract type
Perpetual futures, no expiry
Margin and settlement
USDC
Maximum leverage
10x
Margin mode
Cross or isolated
Taker fee
0.035%
Maker fee
0.005%
Trading hours
24/7

ZEC trades 24/7. Parameters are set per market and can change. See all market parameters

ZEC funding rate

1 hour
-0.0004%
8 hours
-0.0030%
Annualized
-3.33%

The rate is negative: traders holding short ZEC positions pay traders holding long positions. Funding settles every hour. The 8-hour and annualized figures extend the current hourly rate and are not forecasts.

Open interest is the notional value of ZEC positions still open on Phoenix. 24h volume is the notional value traded over the last 24 hours.

ZEC perpetuals questions

What is the ZEC perpetual price right now?

The Zcash perpetual price on Phoenix is $1,238.62, a change of +0.28% over the last 24 hours. It's the mark price of the ZEC perpetual, which can differ slightly from Zcash prices quoted elsewhere.

Can I trade ZEC perpetuals on Solana?

Yes. ZEC perpetuals trade on Phoenix, a fully on-chain perpetuals exchange on Solana. Connect a Solana wallet or sign in with email, deposit USDC or SOL, and trade ZEC 24/7.

What is the ZEC funding rate right now?

The ZEC funding rate on Phoenix is -0.0004% per hour, or -3.33% annualized. A positive rate means longs pay shorts, and a negative rate means shorts pay longs. Funding settles every hour.

What is ZEC open interest on Phoenix?

ZEC open interest on Phoenix is $4,353,019, with $585,643 traded over the last 24 hours.

What are the fees to trade ZEC perpetuals?

Trading ZEC perpetuals (perps) on Phoenix costs 0.035% for taker orders and 0.005% for maker orders, based on matched notional.

Can I use SOL as collateral to trade ZEC?

Yes. Phoenix accepts USDC and native SOL as collateral, and SOL counts toward margin at up to 80% of its value, so you can trade ZEC without selling your SOL. Profit and loss settle in USDC.

Do ZEC perpetuals expire?

No. ZEC perpetuals have no expiry date. A position stays open until you close it or it is liquidated, unless the market itself is settled or delisted under its listing terms.

How does Phoenix decide ZEC liquidations?

Phoenix uses the mark price, not the last trade, to check account health and trigger ZEC liquidations. The mark price is the median of an adjusted oracle price, the Phoenix order book price and perpetual prices on major external exchanges, which reduces the risk of liquidations caused by a brief spike on a single venue.

Where can I see ZEC order book depth and price history?

The ZEC trade screen on Phoenix shows the live order book, recent trades and an interactive chart. Developers can stream the same data through the Phoenix API, the Rise SDK and the Vulcan CLI.

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