Squeeze Insights Lab
All Pairs

KAS/USDT

Last updated: 9/15/2026, 3:46:00 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0090–1
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)
0.334
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.4%
OI Δ 7d
-21.8%
OI acceleration
-4.2%
ΔFunding 24h
+0.000%
|Funding| %ile
97
Vol compression
10
Volume spike
0
Perp basis

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
LCRdrove the last 7d change(-0.32 score)
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

13/40 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 · 5/147d · 1/10
2026-09-141d▼ DN+3.3%
2026-09-131d▼ DN-4.0%
2026-09-121d▼ DN-3.3%
2026-09-123d▼ DN-4.1%
2026-09-111d▼ DN+3.8%
2026-09-113d▼ DN-3.6%
2026-09-101d▼ DN-2.3%
2026-09-103d▼ DN-1.9%
2026-09-091d▼ DN+1.6%
2026-09-093d▼ DN+3.1%

Aggregated Open Interest (All Exchanges)

Total OI
$15.26M
Binance
$2.82M
18.5%
Bybit
$8.64M
56.6%
KuCoin
$3.80M
24.9%
Market Cap
$969.88M
Market Cap / Aggregated OI
$969.88M / $15.26M= 63.5721

Risk Signals (Extra)

OI / Volume (24h)
3.447
Level: high
Exchange OI Dominance
bybit
Share: 56.6%
No dominance risk

Liquidation history

Long-side 60% of 30d liqstoday: 44th percentile of 90d
$89.5K$82.6K$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 KAS: $105.5K 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 $0.03268 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
$2.82M
ΔOI
+$42.61K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.03494$0.03491$0.03494
OI (USD)$2.82M$8.64M$3.80M
OI share18.5%56.6%24.9%
OI (tokens)80,777,395247,310,300108,627,900
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
$969.88M
24h Liquidations
$3.42K
Token Symbol
KAS
Sources
CMC, Coinalyze

KAS 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 KAS's does:

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

KAS perpetuals — common questions

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

What are KAS's current liquidation levels?

Across the exchanges we aggregate, $3.4K of KAS positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for KASUSDT 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 KAS have right now?

Aggregated open interest in KAS perpetuals is $15.26M: $2.82M on Binance (18%), $8.64M on Bybit (57%) and $3.80M on KuCoin (25%). That position base is -0.4% over 24 hours and -21.8% over the last week. Open interest is 3.45× the pair's 24-hour volume, so positions are being held rather than churned.

What is KAS's funding rate?

Binance settles KASUSDT 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 KAS?

We can only answer for the ~500 largest Hyperliquid accounts we track, and exactly one of them holds KAS: $105.5K 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 KAS is one of them.

Is KAS over-leveraged right now?

KAS's leverage-stress score is 0.009 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 ($969.88M of market cap against $15.26M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($3.4K 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 KAS seen heavy liquidations lately?

Over the last 30 complete days, 60% of the KAS notional that got liquidated was long positions and 40% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 44th 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.

KAS/USDT (KASUSDT) perpetual futures shows a leverage-stress score of 0.009 out of 1.0 (low risk), $15.26M 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.