Trade Allora (ALLO) Perpetual Futures
Go long or short on Allora with up to 100x leverage. No KYC, no sign-up: connect your wallet and trade 24/7.
- No KYC
- No sign-up
- Self-custody
- Up to 100x leverage
- Mark price
- 0.16470
- 24h high
- 0.16970
- 24h low
- 0.16211
- 24h volume
- 107.6K USDT
Allora is a decentralized network for machine learning, in which many independent AI models contribute predictions and the network combines them into a single output. The project grew out of Upshot, a company that previously built AI-powered price appraisals for NFTs before rebranding and pivoting to a broader decentralized AI network. Its mainnet and the ALLO token launched in November 2025.
The network is organized around topics, each defining a prediction task such as forecasting an asset price. Workers run models and submit inferences, and they also forecast how accurate other models are likely to be, which lets the network weight contributions based on context. Reputers evaluate the results against real outcomes once they are known. Over time, models that perform well earn more rewards and influence, which is why the project describes itself as self-improving.
ALLO is the network's native token. It is used to pay for inferences, to create and take part in topics, for staking by participants, and to distribute rewards. Traders follow ALLO as part of the decentralized AI sector, alongside other projects that try to coordinate machine learning through crypto incentives.
ALLO is driven by sentiment toward AI tokens as a group, which tends to move together on major AI news and on rotations of capital within crypto. Adoption of the network itself, including the number of active topics, applications using its inferences, and integrations with decentralized finance protocols, shapes how the market values the project over time.
As a recently launched token, supply is a major factor: airdrop recipients, scheduled unlocks for early backers and contributors, and staking participation all affect how much ALLO is available to trade. Exchange listings and the broader crypto market direction also matter.
The ALLO perpetual is a futures contract on the price of Allora with no expiry date. You never own Allora itself: you go long if you expect the price to rise or short if you expect it to fall, and settle profit and loss in USDT.
You choose your leverage, up to 100x. Margin is cross: your whole perpetual balance backs every open position. Positions are valued at a mark price taken from market data, which can differ from the last trade, and an order more than 20% away from the mark price is rejected.
- 1Connect a wallet. Connect MetaMask, or log in with email or Google, and sign the login message.
- 2Deposit USDT. Deposit USDT and move it to your perpetual account to use as margin.
- 3Choose long or short and your leverage. Open the ALLO market, pick a direction and leverage, and place a market or limit order.
- 4Manage the position. Set a take-profit or stop-loss, add margin, or close the position whenever you like.
| Topic | Max Orion | Centralized exchange |
|---|---|---|
| Sign-up | No KYC: connect a wallet and sign a message | Email, password and identity checks |
| Your account | Your wallet address is your account | A username held by the exchange |
| Orders | Every order is signed by your wallet | Orders sent under a logged-in session |
| Hours | Crypto, gold and oil, 24/7 | Commodities often follow market hours |
Leverage multiplies losses as well as gains. If the Allora price moves against your position far enough that your perpetual balance, including unrealized losses, falls below the maintenance margin, positions are closed automatically at the prevailing price and you can lose your whole balance. A stop-loss becomes a market order when triggered and is not guaranteed to fill at its price. Only trade with money you can afford to lose. ALLO is a recently launched token and tends to be considerably more volatile than large caps such as Bitcoin or Ether.
Frequently asked questions
A ALLO perpetual is a futures contract on the price of Allora with no expiry date. You go long if you expect the price to rise or short if you expect it to fall, post margin in USDT, and keep the position open for as long as your margin covers it.
You can trade Allora perpetuals with up to 100x leverage. The higher the leverage, the smaller the price move against you that liquidates the position.
No. There is no KYC and no sign-up form. You connect a wallet and sign a message to log in — self-custody wallet sign-in, with no password — then deposit USDT to start trading.
Every market settles in USDT, with cross margin: your whole perpetual balance backs all of your open positions, so a profit on one adds margin to the others and a loss on one reduces the margin left for all of them.
A perpetual has no expiry, so a periodic funding payment between longs and shorts keeps its price close to the underlying market. When the perpetual trades above the underlying, longs pay shorts; when it trades below, shorts pay longs.
A maker order, which waits in the order book, pays 0.02% of its value. A taker order, which fills immediately, pays 0.06%.
Leverage multiplies losses as well as gains. If the price moves against your position far enough that your margin no longer covers it, the position is liquidated and the margin is lost. Only trade with money you can afford to lose.





