Squeeze Insights Lab
All Pairs

SLX/USDT

Last updated: 10/31/2026, 6:25:30 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.2240–1
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)
0.573
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+2.6%
OI Δ 7d
-5.3%
OI acceleration
+9.0%
ΔFunding 24h
+0.000%
|Funding| %ile
84
Vol compression
71
Volume spike
0
Perp basis
—

Stress-score timeline

StressPulse
00.5108-0508-2309-0909-2710-1511-02
LCRdrove the last 7d change(+0.11 score)
2026-08-05 → 2026-11-02 · daily snapshots since tracking begangaps = days without a valid score

Aggregated Open Interest (All Exchanges)

Total OI
$3.03M
Binance
$1.96M
64.6%
Bybit
$723.06K
23.8%
KuCoin
$350.78K
11.6%
Market Cap
$15.65M
Market Cap / Aggregated OI
$15.65M / $3.03M= 5.1595

Risk Signals (Extra)

OI / Volume (24h)
1.124
Level: high
Exchange OI Dominance
binance
Share: 64.6%
Dominance risk

Liquidation history

Long-side 98% of 30d liqs
$125.2K$39.3K$008-0708-2409-1009-2610-1310-31
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 55.1% long and 44.9% short in SLXUSDT, a long/short ratio of 1.23. All accounts on the venue sit at 77.6% long, so the largest positions are leaning against the crowd. SLX has no Hyperliquid whale book, so these venue-wide ratios stand in for it; the interactive panel below reloads them on its own.

Interval:

Open Interest

Coinalyze
Latest
$1.96M
ΔOI
-$33.74K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
▾
MetricBinanceBybitKuCoin
Price$0.04415$0.04406$0.04415
OI (USD)$1.96M$723.06K$350.78K
OI share64.6%23.8%11.6%
OI (tokens)44,387,96316,410,9087,945,250
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
$15.65M
24h Liquidations
$25.51K
Token Symbol
SLX
Sources
CMC, Coinalyze

SLX sits in the erratic movers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way SLX's does:

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

SLX perpetuals — common questions

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

What are SLX's current liquidation levels?

Across the exchanges we aggregate, $25.5K of SLX positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for SLXUSDT 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 SLX have right now?

Aggregated open interest in SLX perpetuals is $3.03M: $1.96M on Binance (65%), $723.1K on Bybit (24%) and $350.8K on KuCoin (12%). That position base is +2.6% over 24 hours and -5.3% over the last week. Open interest is 1.12× the pair's 24-hour volume, so positions are being held rather than churned.

What is SLX's funding rate?

Binance settles SLXUSDT 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 SLX over-leveraged right now?

SLX's leverage-stress score is 0.224 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 ($15.65M of market cap against $3.03M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($25.5K 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 SLX seen heavy liquidations lately?

Over the last 30 complete days, 98% of the SLX notional that got liquidated was long positions and 2% was shorts, so the pain has been mostly on the long side. The mirrored bar chart on this page plots the daily long/short split for the past year.

Is SLX's positioning changing quickly?

SLX's pulse score is 0.387 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 +2.6% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

SLX/USDT (SLXUSDT) perpetual futures shows a leverage-stress score of 0.224 out of 1.0 (low risk), $3.03M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Oct 31, 2026. These are diagnostic readings of market conditions, not a trade signal.