Squeeze Insights Lab
All Pairs

IO/USDT

Last updated: 9/15/2026, 3:58:02 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0210–1
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)
0.644
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-2.3%
OI Δ 7d
-7.5%
OI acceleration
-12.2%
ΔFunding 24h
+0.000%
|Funding| %ile
100
Vol compression
95
Volume spike
0
Perp basis
-0.153%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

18/40 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 · 7/163d · 7/147d · 4/10
2026-09-141d▼ DN+1.1%
2026-09-131d▼ DN-1.2%
2026-09-121d▼ DN+0.8%
2026-09-123d▼ DN+0.6%
2026-09-111d▼ DN+0.9%
2026-09-113d▼ DN+0.5%
2026-09-101d▼ DN-2.6%
2026-09-103d▼ DN-1.0%
2026-09-091d▼ DN-1.9%
2026-09-093d▼ DN-3.6%

Aggregated Open Interest (All Exchanges)

Total OI
$4.11M
Binance
$3.05M
74.3%
Bybit
$834.48K
20.3%
KuCoin
$221.84K
5.4%
Market Cap
$60.36M
Market Cap / Aggregated OI
$60.36M / $4.11M= 14.6878

Risk Signals (Extra)

OI / Volume (24h)
2.106
Level: high
Exchange OI Dominance
binance
Share: 74.3%
Dominance risk

Liquidation history

Long-side 79% of 30d liqstoday: 16th percentile of 90d
$80.5K$14.9K$006-1707-0507-2308-0908-2709-14
Long liqs (above) Short liqs (below)

Positioning summary

Exactly one of the ~500 Hyperliquid accounts we track holds IO: $264.0K short across 1 position. That is a single address, not the venue — everyone else's book is out of view. No tracked liquidation level sits within 60% of the $0.12364 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
$3.05M
ΔOI
+$49.88K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.1309$0.1309$0.1309
OI (USD)$3.05M$834.48K$221.84K
OI share74.3%20.3%5.4%
OI (tokens)23,324,6566,372,9721,694,717
Funding rate0.0050%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$60.36M
24h Liquidations
$929.06
Token Symbol
IO
Sources
CMC, Coinalyze

IO 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 IO's does:

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

IO perpetuals — common questions

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

What are IO's current liquidation levels?

Across the exchanges we aggregate, $929 of IO positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for IOUSDT 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 IO have right now?

Aggregated open interest in IO perpetuals is $4.11M: $3.05M on Binance (74%), $834.5K on Bybit (20%) and $221.8K on KuCoin (5%). That position base is -2.3% over 24 hours and -7.5% over the last week. Open interest is 2.11× the pair's 24-hour volume, so positions are being held rather than churned.

What is IO's funding rate?

Binance settles IOUSDT funding at 0.0050% every 8 hours, which annualises to roughly 5.5%. Funding is positive, so longs are paying shorts to keep the trade on — the crowd is leaning long and carrying a cost to do it. At that rate a $10,000 position on the long side pays about $1.50 a day to stay open.

Are whales long or short IO?

We can only answer for the ~500 largest Hyperliquid accounts we track, and exactly one of them holds IO: $264.0K short. One address is a data point, not a verdict — the rest of the venue is not visible to us. 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 IO is one of them.

Is IO over-leveraged right now?

IO's leverage-stress score is 0.021 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 ($60.36M of market cap against $4.11M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($929 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 IO seen heavy liquidations lately?

Over the last 30 complete days, 79% of the IO notional that got liquidated was long positions and 21% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 16th percentile of the last 90 days, meaning today is unusually quiet for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

IO/USDT (IOUSDT) perpetual futures shows a leverage-stress score of 0.021 out of 1.0 (low risk), $4.11M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.