PIPPIN/USDT
Last updated: 9/15/2026, 4:21:43 AM
Moderate leverage or liquidation pressure
Pulse signals— velocity & rarity composite
What's moving fast right now. Independent from the static stress score.
Stress-score timeline
Recent track record
25/40 correctThis 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.
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Binance's top traders by position size are 67.2% long and 32.9% short in PIPPINUSDT, a long/short ratio of 2.04. All accounts on the venue sit at 77.9% long, so the largest positions are leaning against the crowd. PIPPIN has no Hyperliquid whale book, so these venue-wide ratios stand in for it; the interactive panel below reloads them on its own.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $0.01722 | $0.0172 | $0.01722 |
| OI (USD) | $4.68M | $3.12M | $1.57M |
| OI share | 49.9% | 33.3% | 16.8% |
| OI (tokens) | 271,857,953 | 181,613,726 | 91,331,330 |
| Funding rate | 0.0050% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other degen names
PIPPIN sits in the degen names cohort — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way PIPPIN's does:
- MOVR0.33+1.6%
- BSB0.32-6.2%
- BLESS0.32+1.2%
- LAB0.36-4.7%
- FHE0.37+0.6%
- SPACE0.06-2.9%
- PLAY0.05+0.8%
- BILL0.03-1.9%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
PIPPIN perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are PIPPIN's current liquidation levels?
Across the exchanges we aggregate, $688 of PIPPIN positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for PIPPINUSDT 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 PIPPIN have right now?
Aggregated open interest in PIPPIN perpetuals is $9.38M: $4.68M on Binance (50%), $3.12M on Bybit (33%) and $1.57M on KuCoin (17%). That position base is -0.5% over 24 hours and -13.8% over the last week. Open interest is 5.57× the pair's 24-hour volume, so positions are being held rather than churned.
What is PIPPIN's funding rate?
Binance settles PIPPINUSDT 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.
Is PIPPIN over-leveraged right now?
PIPPIN's leverage-stress score is 0.326 out of 1.0, which we band as medium risk. It blends three readings: how big the perp book is next to the token itself ($17.40M of market cap against $9.38M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($688 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 PIPPIN seen heavy liquidations lately?
Over the last 30 complete days, 90% of the PIPPIN notional that got liquidated was long positions and 10% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 1st 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.
Is PIPPIN's positioning changing quickly?
PIPPIN's pulse score is 0.252 out of 1.0 — a measure of how unusual its current open-interest, funding and volatility moves are against its own 90-day history, kept deliberately separate from the stress score. The readings behind it right now: open interest -0.5% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.
PIPPIN/USDT (PIPPINUSDT) perpetual futures shows a leverage-stress score of 0.326 out of 1.0 (medium risk), $9.38M 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.