AM edition
issue generated 2026-10-23 06:31 UTC · data as of 2026-10-23 06:30 UTC
61 up · 116 down · 1 flat — 65.2% of markets down 24h
AM edition
issue generated 2026-10-23 06:31 UTC · data as of 2026-10-23 06:30 UTC
61 up · 116 down · 1 flat — 65.2% of markets down 24h
PM edition
issue generated 2026-10-23 18:32 UTC · data as of 2026-10-23 18:31 UTC
148 up · 30 down — 83.2% of markets up 24h
7-day: Memes leads at -3.1%; Layer 2 lags at -13.0%.
Broad selling pressure dominated the session as 116 of 178 coins closed lower against a -0.48% median. Total perpetual volume reached $5.81B while open interest held at $11.56B. Long liquidations of at least $9.91M, all in BTC, punctuated the tape.
342 markets (164 hip-3) · $9.89B 24h volume ($4.09B hip-3) · $15.57B open interest ($4.01B hip-3) · median crypto 24h -0.5%
AltLayer plunged 20.32% with funding at -1347.95% annualized while LayerZero fell 4.71% at 27.27% positive funding, both tagged as funding extremes. The category dropped 1.74% against the median and extended its three-edition decline, holding rank 6.
Dash surged 7.16% on 4.03× normal volume while Polkadot added 4.95% and flipped to longs_pay at 10.95% annualized funding. Monero slid 6.89% amid trader chatter citing ongoing criminal activity on the network. The category printed a third straight edition lower against the tape median, finishing at rank 1 by volume.
AI fell 0.83% over 24h against a 0.48% median move across the tape, extending a 3.78% 7-day slide. Venice (VVV) fell 4.40% on $31.1M of volume, with funding at 10.9% annualized as longs pay shorts. A 3rd straight edition lower for the category.
THORChain volume spiked 9.45× its seven-day average as the token fell 7.16%. Uniswap and Ethena posted modest gains of 2.16% and 1.8% respectively. The category slipped 0.56% versus the -0.48% median, marking a third straight lower print and dropping to rank 3 from rank 2.
OI-weighted funding +9.1% annualized at the issue clock — longs paying shorts.
Extremes: ZRO +27% ann (longs pay) · ALT -1348% ann (shorts pay) · WLFI -39% ann (shorts pay)
USELESS jumped 6.06% while Pump.fun fell 3.64% after trader chatter noted Kimchi1x removed the token from his bio alongside declining revenue metrics. The category held nearly flat at -0.03% against the broader tape, extending its three-edition decline and slipping to rank 4 from rank 3.
Pepe (1000x) and Pudgy Penguins rose 2.33% and 1.62% respectively, lifting the category 0.73% versus the -0.48% median. The move snapped a three-edition losing streak and kept Memes at rank 5 by volume for a second straight edition.
Optimism flipped to shorts_pay at -15.36% annualized funding and fell 1.98%. Arbitrum gained 1.02% while Starknet slipped 2.05% on chatter around independent L1 exploration. The category matched the median almost exactly at -0.49% and printed a third straight lower edition at rank 7.
The category fell 0.31% versus the -0.48% median, extending its three-edition decline and remaining at rank 8 by volume share. No movers cleared the threshold for individual mention.
7-day confirmed liquidations $102.9M — longs $42.2M, shorts $60.7M (lower bound). Last 24h: $9.9M across 1 burst — largest $9.9M in BTC longs.
24h return dispersion σ 3.30% across 141 markets.
Widest 7-day gap in DeFi: LIT +12.3% vs AERO -17.8% — 30pp 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: Memes leads at +1.8%; Layer 2 lags at -9.7%.
Broad gains lifted 148 of 178 coins as Layer 1, DeFi and AI tokens paced the tape; total day volume reached $3.9B while open interest stood at $11.7B.
342 markets (164 hip-3) · $7.46B 24h volume ($3.56B hip-3) · $15.65B open interest ($3.99B hip-3) · median crypto 24h +1.7%
Initia jumped 11.98% after a security halt that froze L1 and rollup operations; the move produced a 9.09× volume spike to $3.4M against a seven-day average of $375k. Funding flipped to shorts paying at -74.32% annualized, the steepest in the category. The rest of the group showed modest dispersion around the 1.73% median gain, leaving Layer 1 volume rank unchanged at first.
Ethena led DeFi with a 7.17% advance while Lighter and Aerodrome Finance slid 7.99% and 4.1%, widening the intra-category gap. Funding remained uniformly positive at 8.18% annualized and open interest held steady near $540M. The split kept the category volume rank at second after a one-place gain from the prior edition.
Grass rose 6.08% while Worldcoin and Venice each slipped more than 1.4%, keeping AI returns aligned with the 1.68% tape median. Funding stayed near 10.93% annualized with no flips or volume anomalies. The category slipped one rank to third by day volume.
USELESS surged 9.69% and Seeker added 5.89%, reversing the category’s seven-day slide of 2.47%. Funding held at 10.57% annualized with no flips or liquidation bursts. The reversal lifted the group one place to fourth in day-volume rank.
OI-weighted funding +10.1% annualized at the issue clock — longs paying shorts.
Extremes: ZRO +42% ann (longs pay) · ALT -2653% ann (shorts pay) · SOPH -399% ann (shorts pay) · INIT -74% ann (shorts pay)
Bonk (1000x) and Pepe (1000x) extended gains of 9.38% and 8.34%, pushing the category to a second straight edition higher and a seven-day lead of 1.83%. Funding remained positive at 10.56% annualized with no anomalies. Volume rank stayed fifth.
AltLayer dropped 11.39% under extreme funding of -2653.44% annualized while LayerZero posted modest gains amid post-unlock selling pressure noted in chatter. The funding extremes kept the category mean at -3.59% annualized. Volume rank held at sixth.
Sophon funding flipped to shorts paying at -399.12% annualized after hitting its open-interest cap, yet the token still rose 4.22%. Starknet fell 4.13% on news that a major perp DEX migrated off the chain. The funding shift left the category mean at 8.62% annualized and volume rank unchanged at seventh.
Gaming reversed its seven-day decline of 5.47% with a 1.35% gain today, the first positive print in the streak. Funding remained negative at -1.8% annualized with no volume anomalies. The category stayed eighth by day volume.
7-day confirmed liquidations $102.9M — longs $42.2M, shorts $60.7M (lower bound). Last 24h: $0.00 across 0 bursts.
24h return dispersion σ 3.09% across 140 markets.
Widest 7-day gap in Layer 1: INIT +16.4% vs TIA -18.9% — 35pp 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.