AM edition
issue generated 2026-10-22 06:33 UTC · data as of 2026-10-22 06:32 UTC
26 up · 152 down — 85.4% of markets down 24h
AM edition
issue generated 2026-10-22 06:33 UTC · data as of 2026-10-22 06:32 UTC
26 up · 152 down — 85.4% of markets down 24h
PM edition
issue generated 2026-10-22 18:31 UTC · data as of 2026-10-22 18:30 UTC
3 up · 175 down — 98.3% of markets down 24h
7-day: AI leads at +5.0%; Layer 2 lags at -7.1%.
Broad selling swept 152 of 178 coins as the median fell 2.26% and total day volume reached $6.19B. Shorts paid across eight names after eight funding flips, with $20.8M in short liquidations recorded.
341 markets (163 hip-3) · $9.74B 24h volume ($3.55B hip-3) · $15.41B open interest ($3.94B hip-3) · median crypto 24h -2.3%
Monero rose 13.04% on extreme funding at 158.68% annualized and record open interest, with traders citing hack-driven demand for privacy coins. The move lifted Layer 1 to a 1.37% decline against the 2.26% median, a second straight edition lower. Dymension posted a 5.66× volume spike to $1.0M while Celestia slid 7.57%.
Lighter flipped to shorts_pay at -35.44% funding and posted a 3.3× volume surge to $77.1M. The outlier gain of 5.68% contrasted with Curve and Uniswap losses of 5.16% and 4.72%. DeFi volume reached $228.4M as funding turned negative for the category at -4.13%.
Other fell 1.90% over 24h against a 2.26% median move across the tape, against a 2.48% 7-day advance. Pons (PONS) fell 6.81% on $5.1M of volume, with funding at 10.9% annualized as longs pay shorts. Funding on Pump.fun flipped to shorts pay longs at 18.8% annualized.
AI fell 1.33% over 24h against a 2.26% median move across the tape, against a 5.04% 7-day advance. Venice (VVV) rose 7.20% on $26.0M of volume, with funding at 13.4% annualized as longs pay shorts.
OI-weighted funding +6.1% annualized at the issue clock — longs paying shorts.
Extremes: XMR +159% ann (longs pay) · MET -124% ann (shorts pay) · W -91% ann (shorts pay) · TRUMP -58% ann (shorts pay)
Cash Cat dropped 10.75% on Kraken DEX radar and perp-first volume shift, extending the category's 2.61% decline. Bonk and Pepe held flat near unchanged while Pudgy Penguins fell 3.16%. Memes posted $64.3M volume, a second straight edition lower.
ZKsync and Optimism extended their slide with losses of 7.29% and 6.56%, citing weak utility and ongoing unlocks. Layer 2 fell 3.78% for a seventh consecutive edition lower, the weakest seven-day return at -7.09%. Volume reached $47.9M against $102.6M open interest.
Infrastructure fell 2.54% over 24h against a 2.26% median move across the tape, against a 3.01% 7-day advance. LayerZero (ZRO) fell 6.65% on $15.8M of volume, with funding at 10.9% annualized as longs pay shorts. Funding on Wormhole flipped to shorts pay longs at 91.2% annualized.
No report for this section this edition — the draft didn't clear our fact checks.
7-day confirmed liquidations $94.4M — longs $33.7M, shorts $60.7M (lower bound). Last 24h: $20.8M across 3 bursts — largest $7.4M in BTC shorts.
24h return dispersion σ 2.95% across 152 markets.
Widest 7-day gap in Infrastructure: ALT +63.7% vs PYTH -11.1% — 75pp 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: DeFi leads at -4.2%; Layer 2 lags at -14.1%.
Crypto perpetuals extended losses with 175 of 178 coins lower and a median 7.72% decline. Total 24-hour volume reached $7.05B while open interest stood at $11.4B. Long liquidations hit at least $9.9M, led by a single BTC burst.
341 markets (163 hip-3) · $10.99B 24h volume ($3.94B hip-3) · $15.36B open interest ($3.96B hip-3) · median crypto 24h -7.7%
AltLayer plunged 37.52% on a funding flip to shorts paying 2512.91% annualized and 3.44x volume surge. The outlier move drove Infrastructure to a 10.16% decline, a second straight edition lower. LayerZero fell 15.32% on insider distributions.
Monero led Layer 1 with a 0.76% gain and 86.2% annualized funding as longs paid shorts. The category fell 6.86% against a 7.72% median slip, a second straight edition lower. Open interest remains at multi-week highs on XMR while FIL and ZEC posted double-digit drops on forced long liquidations.
DeFi extended its weekly lead with a 7.74% decline, a second straight edition lower. Ethena slid 11.58% on insider distributions while USD.AI dropped 11.87%. Funding averaged 1.71% annualized with no sign flips.
Pons and USELESS led the Other category lower with 15.64% and 13.66% declines. The group fell 7.87% versus the 7.72% median, a second straight edition lower. No clear catalyst in the chatter.
OI-weighted funding +10.5% annualized at the issue clock — longs paying shorts.
Extremes: XMR +86% ann (longs pay) · ALT -2513% ann (shorts pay) · ADA -82% ann (shorts pay) · MET -66% ann (shorts pay)
AI perps slipped 7.59% versus the 7.72% median, a second straight edition lower. Grass and FET posted 9.48% and 9.2% declines with funding at 10.95% annualized. No clear catalyst in the chatter.
Cash Cat led Memes lower with a 14.12% drop amid pool selling pressure. The category fell 7.82% versus the 7.72% median, a second straight edition lower. Fartcoin declined 10.34% with funding at 10.95% annualized.
Starknet and ZKsync led Layer 2 lower with 17.31% and 13.77% declines. The category hit its 7-day low with a 9.23% drop, a second straight edition lower. Funding averaged 9.46% annualized with no sign flips.
Gaming perps fell 7.22% versus the 7.72% median, a second straight edition lower. The category hit its 7-day low with funding at 8.97% annualized. No clear catalyst in the chatter.
7-day confirmed liquidations $104.3M — longs $43.6M, shorts $60.7M (lower bound). Last 24h: $9.9M across 1 burst — largest $9.9M in BTC longs.
24h return dispersion σ 3.95% across 147 markets.
Widest 7-day gap in Layer 2: ARB -5.8% vs STRK -38.3% — 33pp 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.