Dogecoin vs Chainlink Comparison

Side-by-side comparison of DOGE and LINK on Hyperliquid perpetual futures

DOGE
$0.0929
-5.70% (24h)
View DOGE Analysis
LINK
$8.67
-5.93% (24h)
View LINK Analysis

DOGE vs LINK Comparison Table

MetricDOGELINKEdge
Price$0.0929$8.67-
24h Change-5.70%-5.93%DOGE
24h Volume$5.69M$4.58MDOGE
Open Interest$19.87M$21.97MLINK
Funding Rate (8h)-0.0009%+0.0012%LINK
Annualized Funding-1.03%+1.31%-

Derivatives Comparison

Funding Rate Comparison

DOGE has a funding rate of -0.0009% (8h), while LINK sits at +0.0012% (8h).

LINK has a higher absolute funding rate, meaning longs are paying more to hold positions. This suggests stronger directional conviction in LINK.

Open Interest Context

DOGE has $19.87M in open interest with an OI/Volume ratio of 3.49.LINK has $21.97M with a ratio of 4.79.

LINK has a higher OI/Volume ratio, indicating more sustained positions relative to trading activity. This typically means traders are holding longer-term directional bets.

Volume Context

DOGE traded $5.69M in the last 24 hours, while LINK traded $4.58M.

DOGE is more actively traded, which generally means tighter spreads, better execution, and lower slippage for traders. Higher volume also tends to reflect greater market interest and liquidity.

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Frequently Asked Questions

Dogecoin (DOGE) and Chainlink (LINK) are both available as perpetual futures on Hyperliquid. They differ in price, market capitalization, trading volume, and funding rates. DOGE currently trades at $0.0929 while LINK trades at $8.67. Each has its own funding rate dynamics, open interest levels, and volatility profile, making them suitable for different trading strategies.
Currently, LINK has a higher absolute funding rate (+0.0012% per 8h) compared to DOGE (-0.0009% per 8h). A higher funding rate means traders on the paying side incur greater costs, but it can also present funding rate arbitrage opportunities.
The choice between trading DOGE and LINK depends on your strategy and risk tolerance. DOGE has a 24h volume of $5.69M and open interest of $19.87M, while LINK has $4.58M volume and $21.97M open interest. Higher volume typically means tighter spreads and better execution. Consider each asset's funding rate, volatility, and your own thesis when deciding. You can trade both on Beacon with real-time analytics.
LINK currently has higher open interest, indicating more capital committed to open positions. DOGE has $19.87M in open interest while LINK has $21.97M. Higher open interest generally signals stronger market conviction and can lead to more volatile moves when liquidations cascade. The OI-to-volume ratio also matters - a higher ratio suggests more sustained positioning rather than purely speculative day trading.
Yes, both Dogecoin (DOGE) and Chainlink (LINK) perpetual futures are available on Hyperliquid and can be traded through Beacon. You can open positions in both assets simultaneously, allowing for pair trades, hedging strategies, or portfolio diversification. Beacon provides real-time data, signals, and analytics for both assets to help inform your trading decisions.

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