Squeeze Insights Lab
All Pairs

SONIC/USDT

Last updated: 9/15/2026, 4:18:50 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0970–1
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)
0.388
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-0.7%
OI Δ 7d
+2.1%
OI acceleration
-0.7%
ΔFunding 24h
+0.000%
|Funding| %ile
69
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

16/40 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 · 7/173d · 5/147d · 4/9
2026-09-141d▼ DN+1.4%
2026-09-131d▼ DN-2.6%
2026-09-121d▼ DN+7.5%
2026-09-123d▼ DN+6.1%
2026-09-111d▼ DN-1.4%
2026-09-113d▼ DN+3.2%
2026-09-101d▼ DN-3.5%
2026-09-103d▼ DN+2.2%
2026-09-091d▼ DN-4.2%
2026-09-093d▼ DN-8.8%

Aggregated Open Interest (All Exchanges)

Total OI
$1.96M
Binance
$875.07K
44.6%
Bybit
$698.36K
35.6%
KuCoin
$390.09K
19.9%
Market Cap
$8.06M
Market Cap / Aggregated OI
$8.06M / $1.96M= 4.1031

Risk Signals (Extra)

OI / Volume (24h)
2.971
Level: high
Exchange OI Dominance
binance
Share: 44.6%
No dominance risk

Liquidation history

Short-side 68% of 30d liqstoday: 16th percentile of 90d
$23.3K$51.1K$005-2706-1507-1308-0508-2609-14
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 56.4% long and 43.6% short in SONICUSDT, a long/short ratio of 1.29. All accounts on the venue sit at 74.3% long, so the largest positions are leaning against the crowd. SONIC 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
$874.68K
ΔOI
-$10.78K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.02262$0.02257$0.02262
OI (USD)$875.07K$698.36K$390.09K
OI share44.6%35.6%19.9%
OI (tokens)38,685,47430,941,92617,245,373
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
$8.06M
24h Liquidations
$10.27
Token Symbol
SONIC
Sources
CMC, Coinalyze

SONIC 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 SONIC's does:

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

SONIC perpetuals — common questions

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

What are SONIC's current liquidation levels?

Across the exchanges we aggregate, $10 of SONIC positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for SONICUSDT 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 SONIC have right now?

Aggregated open interest in SONIC perpetuals is $1.96M: $875.1K on Binance (45%), $698.4K on Bybit (36%) and $390.1K on KuCoin (20%). That position base is -0.7% over 24 hours and +2.1% over the last week. Open interest is 2.97× the pair's 24-hour volume, so positions are being held rather than churned.

What is SONIC's funding rate?

Binance settles SONICUSDT 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 SONIC over-leveraged right now?

SONIC's leverage-stress score is 0.097 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 ($8.06M of market cap against $1.96M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($10 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 SONIC seen heavy liquidations lately?

Over the last 30 complete days, 32% of the SONIC notional that got liquidated was long positions and 68% was shorts, so the pain has been mostly on the short side. The most recent 24-hour total ranks in the 16th 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 SONIC's positioning changing quickly?

SONIC's pulse score is 0.235 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 -0.7% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

SONIC/USDT (SONICUSDT) perpetual futures shows a leverage-stress score of 0.097 out of 1.0 (low risk), $1.96M 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.