Squeeze Insights Lab
All Pairs

POPCAT/USDT

Last updated: 9/15/2026, 4:01:22 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0300–1
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)
0.478
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.8%
OI Δ 7d
-5.9%
OI acceleration
-1.8%
ΔFunding 24h
+0.000%
|Funding| %ile
98
Vol compression
95
Volume spike
0
Perp basis

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
2026-06-182026-09-15 · daily snapshots since tracking begangaps = days without a valid score

Recent track record

32/40 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 · 12/173d · 12/147d · 8/9
2026-09-141d▼ DN-1.5%
2026-09-131d▼ DN-1.5%
2026-09-121d▼ DN-1.8%
2026-09-123d▼ DN-4.8%
2026-09-111d▼ DN+1.8%
2026-09-113d▼ DN-1.6%
2026-09-101d▼ DN-3.2%
2026-09-103d▼ DN-3.2%
2026-09-091d▼ DN-4.6%
2026-09-093d▼ DN-5.9%

Aggregated Open Interest (All Exchanges)

Total OI
$9.50M
Binance
$2.15M
22.7%
Bybit
$6.56M
69.0%
KuCoin
$788.75K
8.3%
Market Cap
$45.53M
Market Cap / Aggregated OI
$45.53M / $9.50M= 4.7944

Risk Signals (Extra)

OI / Volume (24h)
6.982
Level: high
Exchange OI Dominance
bybit
Share: 69.0%
Dominance risk

Liquidation history

Long-side 72% of 30d liqstoday: 18th percentile of 90d
$120.5K$44.3K$006-1707-0507-2308-0908-2709-14
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 2 hold POPCAT: $675.1K long across 1 position and $348.9K short across 1 position — net $326.2K long. No tracked liquidation level sits within 60% of the $0.04423 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
$2.15M
ΔOI
-$50.95K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.04651$0.0464$0.04651
OI (USD)$2.15M$6.56M$788.75K
OI share22.7%69.0%8.3%
OI (tokens)46,254,146141,293,72416,958,688
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
$45.53M
24h Liquidations
$958.66
Token Symbol
POPCAT
Sources
CMC, Coinalyze

POPCAT 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 POPCAT's does:

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

POPCAT perpetuals — common questions

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

What are POPCAT's current liquidation levels?

Across the exchanges we aggregate, $959 of POPCAT positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for POPCATUSDT 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 POPCAT have right now?

Aggregated open interest in POPCAT perpetuals is $9.50M: $2.15M on Binance (23%), $6.56M on Bybit (69%) and $788.7K on KuCoin (8%). That position base is -0.8% over 24 hours and -5.9% over the last week. Open interest is 6.98× the pair's 24-hour volume, so positions are being held rather than churned.

What is POPCAT's funding rate?

Binance settles POPCATUSDT 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 POPCAT?

Among the ~500 largest Hyperliquid accounts we track, 2 hold positions of $100k or more in POPCAT: $675.1K long across 1 and $348.9K short across 1 — a net $326.2K long. 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 POPCAT is one of them.

Is POPCAT over-leveraged right now?

POPCAT's leverage-stress score is 0.030 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 ($45.53M of market cap against $9.50M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($959 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 POPCAT seen heavy liquidations lately?

Over the last 30 complete days, 72% of the POPCAT notional that got liquidated was long positions and 28% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 18th 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.

POPCAT/USDT (POPCATUSDT) perpetual futures shows a leverage-stress score of 0.030 out of 1.0 (low risk), $9.50M 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.