News
PUMP Price Breakout: $649.2M OI Climbs 15.1% Across Major Venues
PUMP trades at $0.006599 after an 8.4% rise, while derivatives open interest reaches $649.2M, up 15.1% in 24 hours. Binance leads with 23.1% of tracked OI, but short liquidations dominate the move and positioning remains split across venues.
Pump.fun Open Interest Climbs 12.7% as Shorts Face $5.4M Liquidations
Pump.fun derivatives open interest reached $654.1 million across tracked venues, up 12.7% in 24 hours, while the ticker snapshot showed $662.0 million and a 0.1% average 8-hour funding rate. Short liquidations dominated at $5.4 million versus $1.1 million for longs, but account positioning remained less bullish than active taker flow on several major venues.
Avalanche AVAX Basis Falls to -19.9% Annualized as OI Holds $498M
Avalanche futures are trading at a -5.5% basis, equivalent to -19.9% annualized, while open interest remains near $498.2 million. Account positioning is heavily long, but negative average funding and Binance taker selling point to a crowded, fragile structure.
Polkadot Derivatives: $188.7M OI Reveals a Positioning Split
DOT derivatives show a sharp split between bullish account positioning and overwhelmingly short aggressive flow. Open interest is concentrated at Binance, Gate, Bybit and Bitget, while 24-hour liquidations remain heavily skewed toward shorts at $35.1K versus $8.9K for longs.
GALA: 65.5% Long Accounts Meet -0.1% Average Funding Pressure
GALA funding is skewed negative, with an average 8-hour rate of -0.1% while 65.5% of Binance accounts remain long. Open interest stands at $36.2M across tracked venues, but long liquidations reached $80.3K in the last 24 hours, exposing a crowded-long structure.
HBAR Derivatives Diverge: 71.6% Long Accounts Meet $221.0M OI
HBAR derivatives show a sharp positioning split: 71.6% of tracked accounts are long, while taker flow is only 42.0% long and aggregate open interest is down 0.8% over 24 hours. Exchange-level funding remains positive, but longs have dominated recent liquidations and major venues are not moving in sync.
Crypto Market Recap: $82.7B Volume Meets a $129.7B OI Test
Crypto derivatives turnover reached $82.7B while aggregate open interest stood at $129.7B, with positive funding and short liquidations nearly twice long liquidations. Altcoins led the broader risk rotation, but Bitcoin’s $85,000 options level remains the key near-term pivot.
LDO Funding Turns Negative at -0.0098% While OI Falls 4.8%
LDO’s average funding is -0.0098% as aggregate open interest falls 4.8% to $88.6M. Long accounts remain dominant at 62.6%, but active taker flow is short-leaning at 46.2% long, while liquidations remain modest and nearly balanced over the latest day.
dogwifhat OI Falls 1.4% as Price Holds Near $0.2471 Amid Short Funding
dogwifhat futures show an average 8-hour funding rate of -0.0152% while total open interest has fallen 1.4% in 24 hours to about $85.3M. Accounts remain net long, but active taker positioning is materially more short-biased, with liquidations also concentrated on longs.
Algorand ALGO: $80.3M OI Rises 7.7% as Longs Reach 63.8%
ALGO open interest climbed 7.7% in 24 hours to $80.3M while account positioning stayed heavily long at 63.8%, but active takers were only 31.3% long. Exchange funding is uneven and liquidations show a recent shift from short pressure to more balanced two-sided risk.
Chainlink Basis Falls 18.1% Annualized as $636.7M OI Holds
Chainlink trades with a -18.1% annualized basis while $636.7M in open interest remains largely concentrated on Binance and Gate. Positive funding at several major venues, short-heavy taker flow, and $166.6K in 24-hour short liquidations point to a crowded but unstable positioning mix.
Pepe Derivatives: $287.9M OI Meets a 61.6% Taker-Short Split
Pepe futures show $287.9M in open interest, with Gate holding 34.6% and account positioning near 75.5% long. Yet Gate takers are 61.6% short, while 24-hour liquidations favor longs by $71.7K to $28.8K, creating a sharp positioning divergence.
Injective Derivatives: 61.3% Long Accounts Meet a 69.3% Taker Skew
Injective open interest is $141.1M after a 1.1% daily decline, while exchange positioning splits sharply: accounts are 61.3% long but active takers are 69.3% long. Funding remains mostly positive, yet Bybit is negative and 24-hour liquidations are limited to $9.2K, pointing to positioning divergence rather than forced deleveraging.
CRV Open Interest Holds $144.7M While Exchange Flows Split Across Venues
CRV aggregate open interest is $144.7M, up 1.1% in 24 hours, but its largest venue balances are moving in opposite directions. Long-side liquidations dominate the latest windows, while account positioning remains more bullish than active taker flow.
The Sandbox SAND OI Climbs 11.8% as Shorts Face $4.1M Risk
The Sandbox futures open interest rose 11.8% in 24 hours to $127.7M across 14 venues, while short liquidations reached $4.1M versus $3.3M for longs. Negative funding on major venues and bearish taker positioning show that the OI surge is not a cleanly crowded-long rally.
Dogecoin Derivatives: $1.25B OI Meets a $66.3K Long-Liquidation Edge
Dogecoin trades at $0.09274 with $1.25B in open interest, while 24-hour liquidations favor longs by $66.3K to $50.2K. Account positioning remains 77.3% long, but taker positioning is only 34.6% long, creating a sharp liquidation-skew mismatch.
Pump.fun Open Interest Jumps 21.4% as Funding Crowds the Trade
Pump.fun is up 16.2% while aggregate open interest has climbed 21.4% to $615.6M, but account positioning remains nearly balanced. Positive funding is concentrated across major venues, and short liquidations have exceeded long liquidations by nearly three times over 24 hours.
Zcash Liquidation Skew: $2.53M Cleared as Open Interest Rises 1.9%
Zcash derivatives show $2.53M in liquidations over the past 24 hours, with long liquidations leading at $1.59M while open interest rises 1.9% to about $2.49B. Account positioning is 53.4% long, but taker flow is less bullish at 51.9% long, leaving the market exposed to a two-sided squeeze.
SAND Leads 24-Hour Liquidations at $8.2M as PUMP Gains 15.7%
SAND recorded $8.2M in 24-hour liquidations, narrowly ahead of PUMP and WLD, while total derivatives liquidations reached $53.2M with shorts accounting for $29.2M. The gainers board was led by JEANPHIL at 172.3%, but high-volume moves in AIN, STRK and PUMP offer the more useful liquidity signals.
Solana Derivatives: 66.8% Long Accounts Meet Negative Funding
Solana futures show a negative average 8-hour funding rate of -0.021433% while 66.8% of tracked accounts remain long. Open interest stands near $5.2B, but short liquidations have dominated the latest windows, creating a squeeze-sensitive setup rather than a clean bearish signal.