OpenAIOAI

Liquid
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Live market data from Liquid.

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Volume (24H)

$3.37M

Market Cap

$1.500T

24H High

$1,539.50

24H Low

$1,472.90

About OpenAI (OAI)

Category: Pre-IPO

OpenAI is an AI research and deployment company founded in 2015. It develops the GPT family of large language models and ships them through ChatGPT, a developer API, and enterprise and cloud partnerships.

OpenAI is privately held and headquartered in San Francisco, so OAI trades as a cash-settled perp against an oracle reference price for the company rather than against a public share listing.

Resources

FAQ

Quick answers about the OpenAI market on Liquid.

What is OpenAI?+

OpenAI is an AI research and deployment company founded in 2015. It develops the GPT family of large language models and ships them through ChatGPT, a developer API, and enterprise and cloud partnerships. OpenAI is privately held and headquartered in San Francisco, so OAI trades as a cash-settled perp against an oracle reference price for the company rather than against a public share listing.

What is the price of OpenAI (OAI)?+

The price of OpenAI is $1,499.65 as of October 17, 2026 — down 2.07% over the last 24 hours. Over the same window OAI traded between $1,472.90 and $1,539.50.

What is the market cap of OAI?+

The market capitalization of OpenAI is approximately $1.500T as of October 17, 2026, from a price of $1,499.65 against $1.00B of valuation per point of price.

What does the OAI price represent?+

OAI is quoted as a valuation, not a share price: each point of price stands for $1.00B of OpenAI's valuation, so $1,499.65 prices OpenAI at about $1.500T. The contract is cash-settled against an oracle for that valuation, so trading it moves no OpenAI equity.

Why do traders watch OAI?+

OAI is followed for private-market valuation changes, funding rounds, product milestones, public comparables, and IPO expectations.

Can I trade OAI on Liquid?+

Yes. The trade card on this page links to the Liquid market for OAI. Before submitting an order, review the available multiplier, margin requirement, and estimated liquidation price in the app, plus the venue's current fee and funding information.

What is the 24-hour trading volume of OAI?+

The 24-hour trading volume of OAI is $3.37M as of October 17, 2026. Volume estimates how much value changed hands over the last day: higher volume can indicate more active price discovery, but it does not remove trading risk.

How can I get exposure to a private company like OpenAI?+

On Liquid, the OAI cash-settled perpetual provides long or short price exposure to an oracle reference price for OpenAI. This is not a purchase of OpenAI's unlisted shares.

What does one point of the OAI private-valuation price mean?+

OAI is quoted as OpenAI's valuation, not a share price. Each point represents $1 billion of company valuation. This is a contract price linked to an oracle reference price, not an actual unlisted-share transaction price or a confirmed IPO price.

What happens if OpenAI goes public or stays private?+

The OAI perpetual has no fixed expiry date. Whether OpenAI goes public does not create share ownership or IPO allocation rights. This page does not establish how the contract will be handled at an IPO. Check the underlying venue's current contract specification and announcements before trading.

How does the OAI cash-settled perpetual differ from owning the underlying asset?+

OAI is a cash-settled perpetual against an oracle reference price. Profit and loss are settled financially without delivery or ownership of the underlying asset. The contract provides no share ownership, dividends, voting rights, or IPO allocation.

What are the risks of the OAI perpetual?+

Perpetual trading exposes you to price changes, margin requirements, liquidation, funding payments, and venue-specific execution costs. For a private-company market, the oracle reference price is not an executable share price. Review the current contract specification and the app's margin, liquidation, fee, and funding information before submitting an order.

Other markets on Liquid

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OpenAI (OAI) Market Reference

Live market data from Liquid.

Based on live market data, OpenAI has fallen approximately 2.07% over the last 24 hours. The current price shown here is $1,499.65 for OAI. Market cap at this price is $1.500T.

Price, 24-hour volume, and the 24-hour range reflect live Liquid data, refreshed periodically. Supply and market-cap figures, where shown, are reference values.