Squeeze Insights Lab
All Pairs

ENA/USDT

Last updated: 9/15/2026, 3:55:27 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0370–1
1.0
Low RiskExtreme

Pulse signals— velocity & rarity composite

What's moving fast right now. Independent from the static stress score.

View timeline →
Pulse score (0–1)
0.381
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-2.1%
OI Δ 7d
-16.4%
OI acceleration
-7.5%
ΔFunding 24h
+0.006%
|Funding| %ile
3
Vol compression
95
Volume spike
0
Perp basis
-0.063%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
LCRdrove the last 7d change(-0.13 score)
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

24/40 correct

This pair's high-conviction direction calls over the last 30 days — recorded before the outcome, graded after. Small sample: a recent record, not a statistic.

1d · 11/173d · 7/157d · 6/8
2026-09-141d▼ DN+1.1%
2026-09-131d▼ DN+0.0%
2026-09-121d▼ DN-0.6%
2026-09-123d▼ DN+0.5%
2026-09-111d▼ DN-2.9%
2026-09-113d▼ DN-3.5%
2026-09-101d▼ DN-3.0%
2026-09-103d▼ DN-6.4%
2026-09-091d▼ DN-5.8%
2026-09-093d▼ DN-11.2%

Aggregated Open Interest (All Exchanges)

Total OI
$138.49M
Binance
$76.15M
55.0%
Bybit
$50.39M
36.4%
KuCoin
$11.96M
8.6%
Market Cap
$1.66B
Market Cap / Aggregated OI
$1.66B / $138.49M= 12.0003

Risk Signals (Extra)

OI / Volume (24h)
0.785
Level: medium
Exchange OI Dominance
binance
Share: 55.0%
No dominance risk

Liquidation history

Long-side 56% of 30d liqstoday: 32nd percentile of 90d
$3.7M$4.4M$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 16 hold ENA: $3.52M long across 6 positions and $6.54M short across 10 positions — net $3.02M short. No tracked liquidation level sits within 60% of the $0.13994 Hyperliquid mark. That is the 2026-09-15 20:59 UTC whale sweep; the interactive panel below reloads it on its own.

Interval:

Open Interest

Coinalyze
Latest
$76.17M
ΔOI
-$447.72K

Funding Rate

Coinalyze
Latest
-0.0067%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.14201$0.14204$0.14201
OI (USD)$76.15M$50.39M$11.96M
OI share55.0%36.4%8.6%
OI (tokens)536,196,274354,741,88884,186,068
Funding rate-0.0002%

A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.

External Data (CoinMarketCap & Coinalyze)

Market Cap
$1.66B
24h Liquidations
$205.36K
Token Symbol
ENA
Sources
CMC, Coinalyze

ENA sits in the BTC-trackers cohort — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way ENA's does:

Stress score (0–1) and 24h price change, from the same daily sync as this page.

ENA perpetuals — common questions

Answered from this pair's current readings, refreshed with the daily sync.

What are ENA's current liquidation levels?

Across the exchanges we aggregate, $205.4K of ENA positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for ENAUSDT is the realised liquidation flow above plus the long/short split in the liquidation-history chart on this page — not a map of where stops sit.

How much open interest does ENA have right now?

Aggregated open interest in ENA perpetuals is $138.49M: $76.15M on Binance (55%), $50.39M on Bybit (36%) and $11.96M on KuCoin (9%). That position base is -2.1% over 24 hours and -16.4% over the last week. Open interest is 0.79× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is ENA's funding rate?

Binance settles ENAUSDT funding at -0.0002% every 8 hours, which annualises to roughly -0.3%. Funding is negative, so shorts are paying longs — the crowd is leaning short and paying to stay there. At that rate a $10,000 position on the short side pays about $0.07 a day to stay open.

Are whales long or short ENA?

Among the ~500 largest Hyperliquid accounts we track, 16 hold positions of $100k or more in ENA: $3.52M long across 6 and $6.54M short across 10 — a net $3.02M short. At the start of the tracked week that net figure was $5.37M short. These are real on-chain positions read off Hyperliquid, not a model output — roughly a third of Binance USDT-perps have a Hyperliquid market, and ENA is one of them.

Is ENA over-leveraged right now?

ENA's leverage-stress score is 0.037 out of 1.0, which we band as low risk. It blends three readings: how big the perp book is next to the token itself ($1.66B of market cap against $138.49M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($205.4K in the last 24 hours). A high score means fragile, not bearish: it says a move would be violent, not which way it would go.

Has ENA seen heavy liquidations lately?

Over the last 30 complete days, 56% of the ENA notional that got liquidated was long positions and 44% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 32nd percentile of the last 90 days, meaning today is about normal for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

ENA/USDT (ENAUSDT) perpetual futures shows a leverage-stress score of 0.037 out of 1.0 (low risk), $138.49M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0002% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.