PONS/USDT
Last updated: 9/15/2026, 5:31:50 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
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Of the ~500 Hyperliquid accounts we track, 11 hold PONS: $3.30M long across 5 positions and $8.37M short across 6 positions — net $5.07M short. No tracked liquidation level sits within 60% of the $0.63746 Hyperliquid mark. That is the 2026-09-15 21:59 UTC whale sweep; the interactive panel below reloads it on its own.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $0.6217 | $0.6217 | $0.6217 |
| OI (USD) | $36.11M | $13.61M | $1.95M |
| OI share | 69.9% | 26.3% | 3.8% |
| OI (tokens) | 58,079,904 | 21,909,398 | 3,133,520 |
| Funding rate | 0.0141% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Similar leverage profile
PONS hasn't been assigned a behaviour cohort yet, so these are the tracked perpetuals whose leverage-stress reading currently sits closest to it:
- XLM0.28+8.2%
- DRIFT0.28-1.5%
- SIREN0.28-0.3%
- BIRB0.28-2.7%
- ONG0.28+1.5%
- ARIA0.28+7.7%
- PORTAL0.28-3.1%
- GIGGLE0.28+0.7%
Stress score (0–1) and 24h price change, from the same daily sync as this page.
PONS perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are PONS's current liquidation levels?
Across the exchanges we aggregate, $84.3K of PONS positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for PONSUSDT 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 PONS have right now?
Aggregated open interest in PONS perpetuals is $51.67M: $36.11M on Binance (70%), $13.61M on Bybit (26%) and $1.95M on KuCoin (4%). That position base is -4.1% over 24 hours and +25.6% over the last week. Open interest is 0.35× the pair's 24-hour volume, so positions are turning over faster than the book itself.
What is PONS's funding rate?
Binance settles PONSUSDT funding at 0.0141% every 8 hours, which annualises to roughly 15.4%. 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 $4.23 a day to stay open.
Are whales long or short PONS?
Among the ~500 largest Hyperliquid accounts we track, 11 hold positions of $100k or more in PONS: $3.30M long across 5 and $8.37M short across 6 — a net $5.07M short. At the start of the tracked week that net figure was $2.05M 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 PONS is one of them.
Is PONS over-leveraged right now?
PONS's leverage-stress score is 0.280 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 ($440.28M of market cap against $51.67M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($84.3K 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.
How much PONS history is there on this page?
We hold 9 daily snapshots for PONSUSDT — it joined the tracked universe recently, most likely as a new Binance listing. Percentile-style readings (funding rank, volatility compression, volume spike) are therefore computed against a shorter window than for long-listed pairs, and the graded track record below may still be empty.
PONS/USDT (PONSUSDT) perpetual futures shows a leverage-stress score of 0.280 out of 1.0 (medium risk), $51.67M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0141% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.