PerpEquities

Equity

CRCL perpetual futures

Circle Internet Group, Inc. tracked across crypto venues with normalized contract specs.

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Price chart

68.68 8.96%
62.0064.0066.0068.0070.0072.0074.0076.00
Jun 30Jul 1Jul 3Jul 4Jul 6
24/7 perp mark · Binance (CRCL/USDT)
Auto: market closed → highest-volume perp venueOpen in TradingView ↗

Trading data

Perpetual market activity

14/14 live markets
Venues
14
Live markets
14/14
24h volume
$332.6M
Open interest
$138.6M
Best liquidity
$5.0M
Bitget
Tightest spread
+1.5 bps
OKX
Highest volume
$190.6M
Binance
Settlement mix
USDT · 10/14

Best Liquidity

CRCL

Tightest Spread

CRCL

Highest Volume

CRCL

Venue Matrix

14 markets
Trade
BinanceTradeCRCL/USDTtrading68.542+0.00%+2.9 bps$2.1M$190.6M$48.9MUSDT-
OKXTradeCRCL/trading68.540+0.00%+1.5 bps$2.5M$46.6M$14.0MUSDT20x
Hyperliquid HIP-3Tradexyz:CRCLtrading68.524+11.25%+2.0 bps$204k$39.9M$47.8MUSDC10x
BitgetTradeCRCL/USDTtrading68.570+22.45%+5.8 bps$5.0M$23.2M$15.0MUSDT25x
BybitTradeCRCL/USDTtrading68.550+0.00%+2.9 bps$721k$15.6M$3.8MUSDT20x
BingXTradeCRCL-USDTtrading68.550+22.34%+11.7 bps$2.0M$7.6M$638kUSDT-
Gate.ioTradeCRCLX/USDTtrading68.510+10.95%+4.4 bps$901k$6.1M$5.3MUSDT50x
KuCoinTradeCRCL/USDTtrading68.550+10.95%+5.8 bps$87k$998k$1.8MUSDT20x
BitMEXTradeCRCL/USDTtrading68.560+0.00%+5.8 bps$165k$824k$167kUSDt20x
AsterTradeCRCLUSDTtrading68.540+0.00%+4.4 bps$313k$394k$463kUSDT-
Crypto.com ExchangeTradeCRCL/USDtrading68.720-+5.9 bps$87k$350k$32kUSD50x
KrakenTradePF_CRCLXUSDtrading68.470-5.33%+19994.2 bps$0.0$165k$216kUSD-
HTXTradeCRCLX/USDTtrading68.590+10.95%+13.2 bps$1.3M$150k$90kUSDT-
PhemexTradeCRCL / USDTtrading68.540+0.00%+7.3 bps$75k$57k$439kUSDT10x

Company data

Company fundamentals

Updated 2h ago
Market cap
$18.2B
Updated 2h ago
Revenue
$2.9B
Trailing 12 months
Net income
$-79.0M
Trailing 12 months
Free cash flow
$508.9M
Trailing 12 months
Profit margin
-2.8%
P/E
-24.5
P/S
6.4
Revenue estimate
$3.1B
Next fiscal year
Revenue growth
+14%
Next fiscal year

Fundamental detail

Annual + quarterly
Latest revenue$2.7B
Net margin-2.5%
Free cash flow$529.7M
Net debt$-77.4B
2020$15.4M
2021$84.9M
2022$772.1M
2023$1.5B
2024$1.7B
2025$2.7B
PeriodRevenueGrowthNet incomeFCF
2020$15.4M-$3.8M$-22.0M
2021$84.9M+450%$-508.2M$-100.2M
2022$772.1M+810%$-768.8M$-91.0M
2023$1.5B+88%$267.6M$106.7M
2024$1.7B+16%$155.7M$305.5M
2025$2.7B+64%$-69.5M$529.7M
PeriodGross marginOperating marginNet marginROEROA
2020-46.0%-200.1%+24.5%-1.3%+0.1%
2021-30.5%-101.4%-598.8%+66.1%-1.2%
2022+32.3%-4.9%-99.6%-87.5%-1.6%
2023+29.4%+18.6%+18.4%+18.2%+1.0%
2024+23.6%+10.0%+9.3%+27.3%+0.3%
2025+8.7%-3.3%-2.5%-2.1%-0.1%
PeriodCashDebtNet debtCurrent ratio
2020$26.4M$57.2M$30.8M1.00
2021$161.6M$928.2M$766.6M1.00
2022$36.7B$81.9M$-36.6B1.01
2023$368.6M$60.3M$-308.4M1.04
2024$751.0M$40.7M$-710.3M1.03
2025$77.4B$36.8M$-77.4B1.03
PeriodMarket capEnterprise valueP/SP/E
2020$1.4B$1.4B88.9362.6
2021$1.4B$2.1B16.2-2.7
2022$1.4B$-35.1B1.9-1.9
2023$1.5B$1.2B1.05.5
2024$1.7B$976.5M1.010.8
2025$19.2B$-58.2B7.0-273.4
Q2 2024$430.0M
Q3 2024$445.8M
Q4 2024$435.4M
Q1 2025$578.6M
Q2 2025$658.1M
Q3 2025$739.8M
Q4 2025$770.2M
Q1 2026$694.1M
PeriodRevenueGrowthNet incomeFCF
Q2 2024$430.0M-$32.9M$38.8M
Q3 2024$445.8M-$71.0M$107.7M
Q4 2024$435.4M-$3.1M$94.7M
Q1 2025$578.6M+58%$64.8M$44.9M
Q2 2025$658.1M+53%$-482.1M$258.8M
Q3 2025$739.8M+66%$214.4M$-26.3M
Q4 2025$770.2M+77%$133.4M$264.7M
Q1 2026$694.1M+20%$55.3M$11.7M
PeriodGross marginOperating marginNet marginROEROA
Q2 2024+26.5%+11.7%+7.7%+0.0%+0.0%
Q3 2024+27.5%+14.3%+15.9%+0.0%+0.0%
Q4 2024+14.1%+0.2%+0.7%+0.5%+0.0%
Q1 2025+26.8%+16.1%+11.2%+3.4%+0.1%
Q2 2025-38.3%-49.5%-73.3%-20.3%-0.8%
Q3 2025+22.0%+11.0%+29.0%+7.1%+0.3%
Q4 2025+22.4%+7.3%+17.3%+4.0%+0.2%
Q1 2026+17.6%+7.9%+8.0%+1.6%+0.1%
PeriodCashDebtNet debtCurrent ratio
Q2 2024---0.00
Q3 2024---0.00
Q4 2024$751.0M$40.7M$-710.3M1.03
Q1 2025$848.6M$53.0M$-795.6M1.02
Q2 2025$1.1B$206.1M$-912.0M1.03
Q3 2025$1.3B$149.1M$-1.2B1.03
Q4 2025$77.4B$36.8M$-77.4B1.03
Q1 2026$1.5B$0.0$-1.5B1.03
PeriodMarket capEnterprise valueP/SP/E
Q2 2024$1.7B$0.03.912.7
Q3 2024$1.7B$0.03.86.0
Q4 2024$1.7B$976.5M3.9135.7
Q1 2025$1.8B$1.0B3.16.9
Q2 2025$19.5B$18.6B29.6-10.1
Q3 2025$31.1B$29.9B42.036.0
Q4 2025$19.2B$-58.2B24.936.0
Q1 2026$23.1B$21.6B33.3103.7

Refreshed 2h ago

Research data

Estimates, events and peers

Estimates

5 periods
FY 2026$3.1B+14%17 analysts
FY 2027$4.2B+54%17 analysts
FY 2028$5.4B+98%12 analysts
Q2 2026$759.4M+15%12 analysts
Q3 2026$780.8M+6%12 analysts

Events

Earnings · dividends · splits
2026-08-11EarningsRevenue est. $730.6M
2026-05-11EarningsRevenue est. $714.7M
2026-02-25EarningsRevenue est. $749.2M
2025-11-12EarningsRevenue est. $708.2M
2025-08-12EarningsRevenue est. $645.7M
2025-06-05Earnings-

Peer comparison

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