AM edition
issue generated 2026-10-04 06:34 UTC · data as of 2026-10-04 06:34 UTC
145 up · 32 down · 1 flat — 81.5% of markets up 24h
AM edition
issue generated 2026-10-04 06:34 UTC · data as of 2026-10-04 06:34 UTC
145 up · 32 down · 1 flat — 81.5% of markets up 24h
PM edition
issue generated 2026-10-04 18:30 UTC · data as of 2026-10-04 18:30 UTC
107 up · 70 down · 1 flat — 60.1% of markets up 24h
7-day: Gaming leads at +9.0%; Infrastructure lags at -5.0%.
Broad-based advance lifted 145 of 178 coins as total notional open interest held above $12.9B and a single short-liquidation burst of $505k hit NEAR.
178 markets · $1.70B 24h volume · $12.91B open interest · median 24h +1.7%
Starknet printed a 5.64× volume spike and rose 24.3%, pushing Layer 2 perps to a 7-day high. MegaETH followed with a 7.55% gain. Category open interest reached $79.5M.
Layer 1 perps extended a second straight edition higher with Monad jumping 10.14% amid short-covering activity. Funding flipped negative on Cardano to -18.27% while the category median rose 2.02% against the tape's 1.67%. Open interest remained concentrated at $10.8B.
Pump.fun led the Other category with a 19.29% surge that pushed the group 2.47% higher for a second consecutive edition. Extreme funding on Pons at 122.35% and USELESS at 39.84% kept leverage crowded. No clear catalyst in the chatter.
DeFi perps reversed a two-day skid as Sky climbed 8.03% and Maple Finance added 7.83%. Category funding stayed positive at 12.39% with open interest steady near $742M. No clear catalyst in the chatter.
OI-weighted funding +10.9% annualized at the issue clock — longs paying shorts.
Extremes: PONS +122% ann (longs pay) · ZRO +75% ann (longs pay) · CASHCAT +44% ann (longs pay) · SAND -417% ann (shorts pay) · 2Z -256% ann (shorts pay) · AXS -37% ann (shorts pay)
Axie Infinity surged 13.12% on a funding flip to shorts paying at -36.5%, lifting the Gaming category to a 7-day high. The Sandbox printed 5.78× average volume while funding reached -416.67%. Open interest remained light at $21.4M.
AI tokens outperformed the tape median by more than double as Bittensor rose 5.52% on subnet revenue and burn chatter. Worldcoin added 4.23% with funding steady at 10.95%. Category open interest held near $297M.
Infrastructure rose 2.93% over 24h against a 1.67% median move across the tape, against a 5.00% 7-day slide. LayerZero (ZRO) rose 16.37% on $49.6M of volume, with funding at 74.9% annualized as longs pay shorts. A 2nd straight edition higher for the category.
Memecoins pared a weekly loss with Purr gaining 9.93% and Bonk (1000x) adding 6.13%. Category funding held positive at 16.93% while open interest stayed near $299M. No clear catalyst in the chatter.
7-day confirmed liquidations $40.1M — longs $34.6M, shorts $5.5M (lower bound). Last 24h: $505.1K across 1 burst — largest $505.1K in NEAR shorts.
24h return dispersion σ 4.68% across 141 markets.
Widest 7-day gap in Other: PUMP +46.3% vs PONS -31.1% — 77pp apart.
At open-interest cap: CANTO, FTM, JELLY, LOOM, RLB, VINE, ZEREBRO.
1 market excluded from this issue (unlisted in our registry or missing a week of candles) — excluded means excluded, never zero-filled.
Machine-written from venue data and machine-checked before publish; sections that fail checks are omitted, whole editions are withheld. Perpetual futures are high-risk, leveraged instruments — this is market reporting, not investment advice or a recommendation of any kind.
7-day: Gaming leads at +6.3%; Infrastructure lags at -6.6%.
Broad participation lifted 107 of 178 coins while the median rose 0.62%. Total open interest held at $13.2B and 24-hour volume reached $2.1B.
178 markets · $2.08B 24h volume · $13.15B open interest · median 24h +0.6%
Axie Infinity surged 13.38% on a short squeeze amid a funding flip to -32.32% annualized and volume 6.35 times its 7-day average. The Sandbox added 3.22% with volume 4.27 times its average. Negative funding and rising open interest framed the outlier move.
Layer 1 rose 1.49% over 24h against a 0.62% median move across the tape, against a 2.69% 7-day slide. IOTA (IOTA) rose 9.82% on $1.0M of volume, with funding at 145.3% annualized as longs pay shorts. A 3rd straight edition higher for the category. The window's largest confirmed liquidation was a short liquidation of at least $505.1k in NEAR.
Pump.fun climbed 7.57% with volume at $172208936 and open interest at $338150712. Pons slid 5.89% with day volume at $16340898. The category posted a 24-hour median change of 0.62% amid a 7-day return of -5.68%.
Sky (prev. MakerDAO) rose 8.39% on buyback mentions while USD.AI jumped 9.89%. Curve DAO and Lido DAO lagged with losses of 2.15% and 1.21%. The category reversed a three-edition losing streak to finish 1.51% higher.
OI-weighted funding +11.1% annualized at the issue clock — longs paying shorts.
Extremes: IOTA +145% ann (longs pay) · SYRUP +65% ann (longs pay) · GRASS +46% ann (longs pay) · SAND -33% ann (shorts pay) · AXS -32% ann (shorts pay)
Artificial Superintelligence Alliance gained 9.19% after a falling-wedge breakout while Virtuals Protocol rose 7.66%. Grass paid 46.19% annualized funding yet fell 2.84%. Whale withdrawals from exchanges were noted for Worldcoin, which slipped 2.02%.
LayerZero fell 4.4% despite renewed chatter on cross-chain market share. Nillion and Wormhole rose 6.33% and 4.94%. The category lagged the 0.62% median, extending its one-edition decline.
Memes fell 0.08% over 24h against a 0.62% median move across the tape, extending a 4.01% 7-day slide. Purr (PURR) rose 2.97% on $1.9M of volume, with funding at 10.9% annualized as longs pay shorts.
Layer 2 rose 1.13% over 24h against a 0.62% median move across the tape, extending a 0.91% 7-day advance. Starknet (STRK) rose 5.57% on $12.7M of volume, with funding at 10.9% annualized as longs pay shorts. A 3rd straight edition higher for the category. Starknet turned over 3.9× its trailing 7-day average volume.
7-day confirmed liquidations $40.1M — longs $34.6M, shorts $5.5M (lower bound). Last 24h: $505.1K across 1 burst — largest $505.1K in NEAR shorts.
24h return dispersion σ 3.29% across 137 markets.
Widest 7-day gap in Other: PUMP +33.1% vs PONS -34.1% — 67pp apart.
At open-interest cap: CANTO, FTM, JELLY, LOOM, RLB, VINE, ZEREBRO.
1 market excluded from this issue (unlisted in our registry or missing a week of candles) — excluded means excluded, never zero-filled.
Machine-written from venue data and machine-checked before publish; sections that fail checks are omitted, whole editions are withheld. Perpetual futures are high-risk, leveraged instruments — this is market reporting, not investment advice or a recommendation of any kind.