Squeeze Insights Lab
All Pairs

WAXP/USDT

Last updated: 9/15/2026, 3:42:16 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.1620–1
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)
0.270
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+6.7%
OI Δ 7d
+50.6%
OI acceleration
-5.7%
ΔFunding 24h
+0.109%
|Funding| %ile
1
Vol compression
0
Volume spike
64
Perp basis
-0.110%

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

10/40 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 · 7/163d · 3/147d · 0/10
2026-09-131d▼ DN-0.5%
2026-09-121d▼ DN+10.4%
2026-09-111d▼ DN+4.4%
2026-09-113d▼ DN+14.6%
2026-09-101d▼ DN-4.7%
2026-09-103d▼ DN+9.8%
2026-09-091d▼ DN+0.1%
2026-09-093d▼ DN-0.4%
2026-09-081d▼ DN+2.3%
2026-09-083d▼ DN-2.4%

Aggregated Open Interest (All Exchanges)

Total OI
$2.26M
Binance
$1.34M
59.4%
Bybit
$642.89K
28.4%
KuCoin
$275.79K
12.2%
Market Cap
$19.35M
Market Cap / Aggregated OI
$19.35M / $2.26M= 8.5495

Risk Signals (Extra)

OI / Volume (24h)
0.189
Level: normal
Exchange OI Dominance
binance
Share: 59.4%
No dominance risk

Liquidation history

Long-side 65% of 30d liqstoday: 96th percentile of 90d
$54.1K$51.9K$006-0606-2607-1608-0508-2309-15
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 55.9% long and 44.1% short in WAXPUSDT, a long/short ratio of 1.27. All accounts on the venue sit at 64.9% long, so the largest positions are leaning against the crowd. WAXP 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
$1.34M
ΔOI
+$258.69K

Funding Rate

Coinalyze
Latest
-0.1085%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.005444$0.005462$0.005444
OI (USD)$1.34M$642.89K$275.79K
OI share59.4%28.4%12.2%
OI (tokens)247,029,661117,896,42050,658,576
Funding rate0.0004%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$19.35M
24h Liquidations
$13.73K
Token Symbol
WAXP
Sources
CMC, Coinalyze

WAXP sits in the funding-squeezers cohort — the group our direction model routes it through. These perpetuals share that behaviour, so their leverage tends to build and unwind the way WAXP's does:

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

WAXP perpetuals — common questions

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

What are WAXP's current liquidation levels?

Across the exchanges we aggregate, $13.7K of WAXP positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for WAXPUSDT 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 WAXP have right now?

Aggregated open interest in WAXP perpetuals is $2.26M: $1.34M on Binance (59%), $642.9K on Bybit (28%) and $275.8K on KuCoin (12%). That position base is +6.7% over 24 hours and +50.6% over the last week. Open interest is 0.19× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is WAXP's funding rate?

Binance settles WAXPUSDT funding at 0.0004% every 8 hours, which annualises to roughly 0.4%. 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 $0.11 a day to stay open.

Is WAXP over-leveraged right now?

WAXP's leverage-stress score is 0.162 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 ($19.35M of market cap against $2.26M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($13.7K 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 WAXP seen heavy liquidations lately?

Over the last 30 complete days, 65% of the WAXP notional that got liquidated was long positions and 35% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 96th percentile of the last 90 days, meaning today is unusually heavy for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

Is WAXP's positioning changing quickly?

WAXP's pulse score is 0.268 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 +6.7% in a day and volume well above its own 30-day median. At this level nothing unusual is happening yet.

WAXP/USDT (WAXPUSDT) perpetual futures shows a leverage-stress score of 0.162 out of 1.0 (low risk), $2.26M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0004% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.