Squeeze Insights Lab
All Pairs

HEMI/USDT

Last updated: 9/15/2026, 4:54:13 AM

EXTREME RISK

Critical stress across metrics

Stress Score (Normalized)
0.8010–1
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)
0.524
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.6%
OI Δ 7d
-30.2%
OI acceleration
-6.5%
ΔFunding 24h
+0.012%
|Funding| %ile
91
Vol compression
71
Volume spike
0
Perp basis
-0.314%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
LCRdrove the last 7d change(-0.16 score)
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

32/40 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 · 12/173d · 11/147d · 9/9
2026-09-141d▼ DN-0.3%
2026-09-131d▼ DN-4.6%
2026-09-121d▼ DN-0.6%
2026-09-123d▼ DN-5.4%
2026-09-111d▼ DN-7.3%
2026-09-113d▼ DN-12.1%
2026-09-101d▼ DN+5.1%
2026-09-103d▼ DN-3.1%
2026-09-091d▼ DN-9.8%
2026-09-093d▼ DN-12.1%

Aggregated Open Interest (All Exchanges)

Total OI
$8.90M
Binance
$6.30M
70.7%
Bybit
$1.70M
19.1%
KuCoin
$908.91K
10.2%
Market Cap
$5.19M
Market Cap / Aggregated OI
$5.19M / $8.90M= 0.5826

Risk Signals (Extra)

OI / Volume (24h)
0.456
Level: elevated
Exchange OI Dominance
binance
Share: 70.7%
Dominance risk

Liquidation history

Long-side 52% of 30d liqstoday: 64th percentile of 90d
$666.6K$707.8K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Exactly one of the ~500 Hyperliquid accounts we track holds HEMI: $619.5K long across 1 position. That is a single address, not the venue — everyone else's book is out of view. Hyperliquid publishes no liquidation price for it — cross-margin, where the level depends on the whole account — so no forced-exit price is visible around the $0.00641 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
$6.30M
ΔOI
+$275.78K

Funding Rate

Coinalyze
Latest
-0.0539%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.00634$0.006342$0.00634
OI (USD)$6.30M$1.70M$908.91K
OI share70.7%19.1%10.2%
OI (tokens)993,393,488267,375,952143,361,600
Funding rate-0.0415%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$5.19M
24h Liquidations
$38.84K
Token Symbol
HEMI
Sources
CMC, Coinalyze

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

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

HEMI perpetuals — common questions

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

What are HEMI's current liquidation levels?

Across the exchanges we aggregate, $38.8K of HEMI positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for HEMIUSDT 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 HEMI have right now?

Aggregated open interest in HEMI perpetuals is $8.90M: $6.30M on Binance (71%), $1.70M on Bybit (19%) and $908.9K on KuCoin (10%). That position base is -0.6% over 24 hours and -30.2% over the last week. Open interest is 0.46× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is HEMI's funding rate?

Binance settles HEMIUSDT funding at -0.0415% every 8 hours, which annualises to roughly -45.4%. 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 $12.44 a day to stay open.

Are whales long or short HEMI?

We can only answer for the ~500 largest Hyperliquid accounts we track, and exactly one of them holds HEMI: $619.5K long. One address is a data point, not a verdict — the rest of the venue is not visible to us. At the start of the tracked week that net figure was $586.1K long. 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 HEMI is one of them.

Is HEMI over-leveraged right now?

HEMI's leverage-stress score is 0.801 out of 1.0, which we band as extreme risk. It blends three readings: how big the perp book is next to the token itself ($5.19M of market cap against $8.90M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($38.8K 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 HEMI seen heavy liquidations lately?

Over the last 30 complete days, 52% of the HEMI notional that got liquidated was long positions and 48% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 64th percentile of the last 90 days, meaning today is on the busy side for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

HEMI/USDT (HEMIUSDT) perpetual futures shows a leverage-stress score of 0.801 out of 1.0 (extreme risk), $8.90M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0415% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.