Squeeze Insights Lab
All Pairs

LINK/USDT

Last updated: 9/15/2026, 3:02:39 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0200–1
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)
0.227
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+0.7%
OI Δ 7d
-16.4%
OI acceleration
-1.5%
ΔFunding 24h
-0.004%
|Funding| %ile
12
Vol compression
76
Volume spike
0
Perp basis
-0.069%

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

19/40 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 · 8/163d · 6/147d · 5/10
2026-09-141d▼ DN+1.3%
2026-09-131d▼ DN-1.1%
2026-09-121d▼ DN+0.1%
2026-09-123d▼ DN+0.3%
2026-09-111d▼ DN+0.1%
2026-09-113d▼ DN-0.9%
2026-09-101d▼ DN-3.1%
2026-09-103d▼ DN-3.0%
2026-09-091d▼ DN-4.5%
2026-09-093d▼ DN-7.5%

Aggregated Open Interest (All Exchanges)

Total OI
$188.67M
Binance
$99.16M
52.6%
Bybit
$69.29M
36.7%
KuCoin
$20.22M
10.7%
Market Cap
$8.66B
Market Cap / Aggregated OI
$8.66B / $188.67M= 45.8776

Risk Signals (Extra)

OI / Volume (24h)
1.463
Level: high
Exchange OI Dominance
binance
Share: 52.6%
No dominance risk

Liquidation history

Short-side 53% of 30d liqstoday: 32nd percentile of 90d
$2.8M$3.6M$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 13 hold LINK: $7.45M long across 4 positions and $13.43M short across 9 positions — net $5.98M short. The nearest tracked liquidation sits 51.0% below the $10.991 Hyperliquid mark and would force-close $2.24M of long exposure. 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
$99.15M
ΔOI
+$985.19K

Funding Rate

Coinalyze
Latest
0.0024%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$11.527$11.527$11.527
OI (USD)$99.16M$69.29M$20.22M
OI share52.6%36.7%10.7%
OI (tokens)8,602,3466,011,1071,754,455
Funding rate-0.0017%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$8.66B
24h Liquidations
$134.84K
Token Symbol
LINK
Sources
CMC, Coinalyze

LINK 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 LINK's does:

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

LINK perpetuals — common questions

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

What are LINK's current liquidation levels?

On Hyperliquid, where LINK whale positions are visible address by address, the nearest tracked liquidation sits 51.0% below the $10.991 Hyperliquid mark and would force-close $2.24M of long exposure. Across the exchanges we aggregate, $134.8K of LINK positions were actually liquidated in the last 24 hours.

How much open interest does LINK have right now?

Aggregated open interest in LINK perpetuals is $188.67M: $99.16M on Binance (53%), $69.29M on Bybit (37%) and $20.22M on KuCoin (11%). That position base is +0.7% over 24 hours and -16.4% over the last week. Open interest is 1.46× the pair's 24-hour volume, so positions are being held rather than churned.

What is LINK's funding rate?

Binance settles LINKUSDT funding at -0.0017% every 8 hours, which annualises to roughly -1.8%. 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 $0.50 a day to stay open.

Are whales long or short LINK?

Among the ~500 largest Hyperliquid accounts we track, 13 hold positions of $100k or more in LINK: $7.45M long across 4 and $13.43M short across 9 — a net $5.98M short. At the start of the tracked week that net figure was $673.0K 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 LINK is one of them.

Is LINK over-leveraged right now?

LINK's leverage-stress score is 0.020 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 ($8.66B of market cap against $188.67M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($134.8K 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 LINK seen heavy liquidations lately?

Over the last 30 complete days, 47% of the LINK notional that got liquidated was long positions and 53% was shorts, so the pain has been mostly on the short 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.

LINK/USDT (LINKUSDT) perpetual futures shows a leverage-stress score of 0.020 out of 1.0 (low risk), $188.67M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0017% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.