Asset detail
IREN Ltd IREN stock tokens & perpetuals
Tracked for IREN: 6 spot token markets and 10 perpetual markets across 11 trading venues.
IREN markets at a glance
- Among comparable spot token quotes, Binance's IRENB has the lowest normalized price, at +0.42% relative to the reference.
- The most actively traded is the stock perpetuals IRENUSDT on Binance, with $7.74M in 24h volume.
- 10 perpetual markets are tracked, with a highest listed leverage of 50× and funding rates from 0.0000% to +0.3749%. Check each contract's funding interval.
- Minimum orders start from about $0.17.
- Data as of (sources and method)
- Token symbols: IRENB, IRENon, IRENx
About IREN Ltd (IREN)
IREN Ltd (IREN) is an Australian data center company, founded in 2018 and headquartered in Sydney.
IREN Ltd (IREN) key figures
- Of the 16 IREN Ltd (IREN) markets we track, Binance has the most activity, with 37% of 24h volume; spot tokens traded $444.4K and perpetuals $21.16M in total.
- The reference price moved -22.15% over 7 days, -42.54% over 30 days; its 30-day low was US$ 16.70 (Nov 14) and high US$ 29.74 (Oct 16).
- Over the last 30 days, IRENBUSDT on Binance ranged from a -2.92% premium (Nov 8) to +1.27% (Oct 18) against the stock.
- Funding is highest on Hyperliquid (+0.3749%) and lowest on Binance (0.0000%); at the highest rate with 8-hour settlement, a $10,000 long pays about $112 a day.
- On Nov 4, OKX listed the stock token XIREN-USDC.
- On Oct 26, Pintu listed the stock token IRENONIDR.
- Ondo, xStocks published official contract addresses on 10 chains; verify them below before buying on-chain.
Compare price and volume
Venue
| Venue | Type | Price | Premium | 24h volume | Trade |
|---|---|---|---|---|---|
|
Binance
Best price
|
Stock token
IRENBUSDT · bStocks · min order $5
More metrics
|
US$ 17.16 | +0.42% | $279.7K | Trade |
| MEXC |
Stock token
IRENONUSDT · Ondo
More metrics
|
US$ 17.23 | +0.82% | $146.5K | Trade |
| OKX |
Stock token
XIREN-USDT · xStocks · min order $1.72
More metrics
|
US$ 17.20 | +0.65% | $17.7K | Trade |
| OKX |
Stock token
XIREN-USDC · xStocks · min order $1.71
More metrics
|
US$ 17.10 | +0.06% | $340 | Trade |
| Kraken |
Stock token
IRENx/USD · xStocks · min order $0.5
More metrics
|
US$ 17.87 | +4.57% | $53 | Trade |
| Pintu |
Stock token
IRENONIDR · Ondo
More metrics
|
US$ 17.55 | +2.72% | — | Trade |
|
Binance
Most active
|
Stock perpetual
IRENUSDT · min order $5
More metrics
|
US$ 17.21 | +0.71% | $7.74M | Trade |
| Bitget |
Stock perpetual
IRENUSDT · min order $5
More metrics
|
US$ 17.21 | +0.74% | $5.54M | Trade |
| Gate |
Stock perpetual
IREN_USDT · min order $1.72
More metrics
|
US$ 17.22 | +0.18% | $2.28M | Trade |
| Hyperliquid |
Stock perpetual
xyz:IREN · min order $10
More metrics
|
US$ 17.18 | +0.64% | $1.77M | Trade |
| BingX |
Stock perpetual
NCSKIREN2USD-USDT · min order $2
More metrics
|
US$ 17.20 | -0.12% | $1.72M | Trade |
| OKX |
Stock perpetual
IREN-USDT-SWAP · min order $1.72
More metrics
|
US$ 17.22 | +0.76% | $814.7K | Trade |
| Bybit |
Stock perpetual
IRENUSDT · min order $5
More metrics
|
US$ 17.24 | +0.82% | $814.1K | Trade |
| Hyperliquid |
Stock perpetual
para:IREN · min order $10
More metrics
|
US$ 17.16 | +0.56% | $236.5K | Trade |
| MEXC |
Stock perpetual
IRENSTOCK_USDT · min order $0.17
More metrics
|
US$ 17.21 | +0.35% | $226.5K | Trade |
| Aster |
Stock perpetual
IRENUSDT · min order $5
More metrics
|
US$ 17.01 | -0.46% | $2.3K | Trade |
Outside regular US market hours the underlying price and premium are indicative only.
Historical trends
Premium and price history
Premium over the last 30 days
Over the last 30 days we recorded hourly token prices for IREN on 2 venues (721 hours of data).
On average, OKX XIREN-USDT tracked the stock most closely (0.00%), while Binance IRENBUSDT drifted the most (-0.04%).
In hours when several venues had prices, Binance IRENBUSDT was the cheapest 64% of the time.
On weekdays the average gap to the stock was 0.12%; on weekends it widened to 0.18%, because only token traders set the price while the stock market is closed. Watch the premium when buying on weekends.
| Venue | Avg. premium | Weekend avg. | Cheapest share of time |
|---|---|---|---|
| Binance IRENBUSDT | -0.04% | -0.08% | 64% |
| OKX XIREN-USDT | 0.00% | -0.04% | 36% |
Stock token premium to the underlying
- Binance · IRENBUSDT
- MEXC · IRENONUSDT
- OKX · XIREN-USDT
- OKX · XIREN-USDC
Show daily data
| Date | Binance · IRENBUSDT | MEXC · IRENONUSDT | OKX · XIREN-USDT | OKX · XIREN-USDC |
|---|---|---|---|---|
| 2026-11-15 | +0.42% | +0.82% | +0.65% | +0.06% |
| 2026-11-14 | +0.12% | +0.36% | +0.06% | -0.30% |
| 2026-11-13 | -0.06% | +0.23% | 0.00% | +0.11% |
| 2026-11-12 | -0.15% | +0.10% | +0.15% | -0.25% |
| 2026-11-11 | +0.15% | +0.05% | -0.15% | +0.05% |
| 2026-11-10 | -0.09% | +0.16% | -0.19% | -0.34% |
| 2026-11-09 | -0.05% | +0.14% | 0.00% | -0.46% |
| 2026-11-08 | -2.92% | -1.76% | -2.27% | -2.00% |
Underlying price
Show daily data
| Date | Underlying price |
|---|---|
| 2026-11-15 | 17.09 |
| 2026-11-14 | 16.78 |
| 2026-11-13 | 17.76 |
| 2026-11-12 | 19.82 |
| 2026-11-11 | 20.05 |
| 2026-11-10 | 20.32 |
| 2026-11-09 | 21.77 |
| 2026-11-08 | 21.55 |
Perpetual funding rate history (per 8 hours)
- Binance · IRENUSDT
- Bitget · IRENUSDT
- Gate · IREN_USDT
- Hyperliquid · xyz:IREN
Show daily data
| Date | Binance · IRENUSDT | Bitget · IRENUSDT | Gate · IREN_USDT | Hyperliquid · xyz:IREN |
|---|---|---|---|---|
| 2026-11-15 | 0.0000% | 0.0000% | 0.0000% | +0.2750% |
| 2026-11-14 | -0.0668% | -0.0290% | 0.0000% | -0.0208% |
| 2026-11-13 | +0.0176% | 0.0000% | 0.0000% | +0.0185% |
| 2026-11-12 | +0.0118% | 0.0000% | 0.0000% | +0.0261% |
| 2026-11-11 | +0.0145% | 0.0000% | 0.0000% | +0.0383% |
| 2026-11-10 | +0.0299% | 0.0000% | 0.0000% | +0.0098% |
| 2026-11-09 | +0.0152% | 0.0000% | 0.0000% | +0.0159% |
| 2026-11-08 | -0.1302% | -0.0962% | 0.0000% | +0.0050% |
Average funding rates
| Venue | 7-day average | 30-day average | Annualized |
|---|---|---|---|
| Binance IRENUSDT | +0.0017% | +0.0057% | +6.24% |
| Bitget IRENUSDT | -0.0020% | +0.0059% | +6.51% |
| Gate IREN_USDT | +0.0026% | +0.0025% | +2.74% |
| Hyperliquid xyz:IREN | +0.0075% | +0.0103% | +11.31% |
| BingX NCSKIREN2USD-USDT | +0.0183% | +0.0213% | +23.31% |
| OKX IREN-USDT-SWAP | -0.0026% | +0.0017% | +1.86% |
| Bybit IRENUSDT | +0.0033% | +0.0075% | +8.20% |
| Hyperliquid para:IREN | +0.0004% | +0.0152% | +16.69% |
Funding is shown per 8 hours (hourly venues such as Hyperliquid are converted); when positive, longs pay shorts. Annualized figures use the 30-day average, or the 7-day average when there are fewer than 14 days of data, and actual costs change with the market. Estimate holding costs
Cross-venue funding gap: long on OKX (7-day avg -0.0027%) and short on BingX (+0.0183%) differ by +0.0210% per 8 hours on average, or +23.00% annualized (before fees and price gaps). Funding arbitrage and basis →
Shaded bands mark regular US trading hours; stats include only tokens with a known share ratio and enough liquidity. How we calculate
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Asset verification
Official contract addresses (avoid fakes)
Many copycat tokens use the same name on-chain. Only trust the issuer-published addresses below and double-check the address in your wallet or swap page before buying.
| Issuer | Chains | Contract address | Copy |
|---|---|---|---|
| Ondo IRENon | Solana | 13QHue…FYondo |
|
| Ondo IRENon | Ethereum | 0x0b59…e73cB3 |
|
| Ondo IRENon | BNB Chain | 0x8fD7…bAC6a6 |
|
| xStocks IRENx | Solana | Xshh1d…gdA81E |
|
| xStocks IRENx | Ethereum, BNB Chain, Arbitrum, Optimism, Mantle, HyperEVM, Ink, X Layer | 0xfbfc…1cc0b9 |
|
| xStocks IRENx | TON | EQDlDm…mHAkH5 |
Know before trading
Before trading / FAQ
Which venues list IREN stock tokens & perpetuals?
The tracked venues include Binance, OKX, Bybit, Gate, Bitget, MEXC, BingX, Kraken, Pintu, Hyperliquid, Aster. Check the product type for each stock tokens & perpetuals listing, along with the venue's location and account restrictions.
Can IREN stock tokens & perpetuals be traded on weekends?
Most venues trade at weekends, but while the stock market is closed prices are set only by traders and can drift further: over the last 30 days the average gap was 0.18% on weekends versus 0.12% on weekdays.
What is the minimum order for IREN stock tokens & perpetuals?
The lowest minimum order across venues is currently about $0.17 (MEXC).
What is the difference between the IREN token versions?
IREN has token versions issued by bStocks, xStocks, Ondo. They track the same stock but are issued and held by different institutions, cannot be swapped for each other directly, and differ in price, liquidity and where they trade. Common symbols: IRENB, IRENon, IRENx. Check the symbol and issuer before buying.
Do IREN stock token holders get dividends?
bStocks: see Binance's product terms for how dividends are handled. xStocks: dividends are reinvested after tax, raising the shares each token represents. Ondo: dividends are also reinvested into the value of each token. Perpetuals only track the price and pay no dividends; some venues adjust contracts around ex-dividend dates under their own rules.
New to terms like premium or funding rate? See the glossary →
Related guides
Tokenized Stocks vs Shares and Stock Perpetuals
What Are Stock Perpetuals? How Funding Rates Work and How to Calculate Them
Why Stock Tokens Trade at a Premium or Discount to the Stock
Do Stock Tokens Pay Dividends? How xStocks and Ondo Reinvest Them
Can You Trade Stock Tokens on Weekends? Trading Hours and Price Gaps
Are Stock Tokens Safe? Issuer, Custody, Venue and Fake Token Risks