Squeeze Insights Lab
All Pairs

VIRTUAL/USDT

Last updated: 9/15/2026, 4:12:15 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0510–1
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)
0.409
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.1%
OI Δ 7d
-24.1%
OI acceleration
+1.4%
ΔFunding 24h
+0.001%
|Funding| %ile
82
Vol compression
95
Volume spike
0
Perp basis
-0.082%

Stress-score timeline

StressPulse
00.5106-1807-0607-2408-1008-2809-15
2026-06-182026-09-15 · daily snapshots since tracking began

Recent track record

23/40 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 · 8/173d · 8/147d · 7/9
2026-09-131d▼ DN+0.9%
2026-09-121d▼ DN-3.3%
2026-09-111d▼ DN+0.5%
2026-09-113d▼ DN-1.9%
2026-09-101d▼ DN-3.0%
2026-09-103d▼ DN-5.7%
2026-09-091d▼ DN-6.8%
2026-09-093d▼ DN-9.1%
2026-09-081d▼ DN-3.8%
2026-09-083d▼ DN-13.1%

Aggregated Open Interest (All Exchanges)

Total OI
$29.35M
Binance
$13.45M
45.8%
Bybit
$12.38M
42.2%
KuCoin
$3.52M
12.0%
Market Cap
$400.21M
Market Cap / Aggregated OI
$400.21M / $29.35M= 13.6379

Risk Signals (Extra)

OI / Volume (24h)
1.789
Level: high
Exchange OI Dominance
binance
Share: 45.8%
No dominance risk

Liquidation history

Long-side 78% of 30d liqstoday: 21st percentile of 90d
$473.7K$227.7K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 3 hold VIRTUAL: $940.0K short across 3 positions — net $940.0K short. None of them is long, which says nothing about the rest of the venue. No tracked liquidation level sits within 60% of the $0.59211 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
$13.44M
ΔOI
-$700.73K

Funding Rate

Coinalyze
Latest
-0.0082%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.6075$0.6073$0.6075
OI (USD)$13.45M$12.38M$3.52M
OI share45.8%42.2%12.0%
OI (tokens)22,134,16420,387,3545,790,519
Funding rate-0.0072%

A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.

External Data (CoinMarketCap & Coinalyze)

Market Cap
$400.21M
24h Liquidations
$9.76K
Token Symbol
VIRTUAL
Sources
CMC, Coinalyze

VIRTUAL 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 VIRTUAL's does:

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

VIRTUAL perpetuals — common questions

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

What are VIRTUAL's current liquidation levels?

Across the exchanges we aggregate, $9.8K of VIRTUAL positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for VIRTUALUSDT 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 VIRTUAL have right now?

Aggregated open interest in VIRTUAL perpetuals is $29.35M: $13.45M on Binance (46%), $12.38M on Bybit (42%) and $3.52M on KuCoin (12%). That position base is -1.1% over 24 hours and -24.1% over the last week. Open interest is 1.79× the pair's 24-hour volume, so positions are being held rather than churned.

What is VIRTUAL's funding rate?

Binance settles VIRTUALUSDT funding at -0.0072% every 8 hours, which annualises to roughly -7.9%. Funding is negative, so shorts are paying longs — the crowd is leaning short and paying to stay there. At that rate a $10,000 position on the short side pays about $2.16 a day to stay open.

Are whales long or short VIRTUAL?

Among the ~500 largest Hyperliquid accounts we track, 3 hold positions of $100k or more in VIRTUAL: $0 long across 0 and $940.0K short across 3 — a net $940.0K short. None of them sits on the long side, which tells you about this roster, not about the venue. At the start of the tracked week that net figure was $1.46M 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 VIRTUAL is one of them.

Is VIRTUAL over-leveraged right now?

VIRTUAL's leverage-stress score is 0.051 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 ($400.21M of market cap against $29.35M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($9.8K 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 VIRTUAL seen heavy liquidations lately?

Over the last 30 complete days, 78% of the VIRTUAL notional that got liquidated was long positions and 22% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 21st 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.

VIRTUAL/USDT (VIRTUALUSDT) perpetual futures shows a leverage-stress score of 0.051 out of 1.0 (low risk), $29.35M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0072% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.