STRK Jumps 18% to $0.0315: Open Interest +48% to $34.7M

STRK jumped 18% to $0.0315 in the past 24 hours, and the move is pulling fresh leverage in behind it. Open interest across major venues climbed 48% to $34.7M, a faster pace than the price gain, which usually points to new positions being opened rather than pure short covering.

STRK open interest climbs faster than price

Bybit holds the largest slice of STRK futures at $9.7M, roughly 28% of the total. Binance accounts for $7.36M and added 55% over 24 hours, while MEXC grew the fastest at 108% from a $3.23M base. Hyperliquid also added 74% to $4.95M. The 4-hour changes tell the same story: Binance up 13%, MEXC up 15%, so buying kept flowing through the session instead of fading after the first pop.

When open interest outpaces price, longs are adding size at current levels. That can feed the next leg up, but it also means a pullback has more positions waiting to unwind.

Funding stays calm while the token runs

Funding rates are the giveaway that this rally is not crowded yet. Binance charges about 0.005% per window, and Bybit sits slightly negative at -0.007%. Most other venues are near zero. In a typical pump, funding spikes as longs rush in and pay shorts to stay; this time the premium barely moved.

Flat funding suggests spot buying or market makers absorbing flow rather than a leveraged chase. That is healthier for the move and leaves room before leverage gets expensive.

What to watch on the way up

The 24-hour range runs from $0.0267 to $0.0315, a wide band that shows how quickly buyers stepped in after the low. No large single liquidation is attached to the move so far, which fits a fresh-leverage story better than a squeeze unwind.

Two signs would change the read. If funding turns sharply positive while open interest keeps compounding, late longs are piling in and the margin of safety narrows. If price loses $0.030 and funding flips negative, those new positions become fuel for a faster drop. For now the structure leans constructive, and the flat fee is the main reason to treat dips as entries rather than exits.

Data as of 09:15 Beijing time on September 6, 2026, covering Binance, OKX, Bybit, Hyperliquid, Gate, Bitget and other major exchanges.