Squeeze Insights Lab
All Pairs

WAXP/USDT

Last updated: 11/2/2026, 4:42:07 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0410–1
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)
0.426
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.1%
OI Δ 7d
-14.2%
OI acceleration
+2.9%
ΔFunding 24h
+0.000%
|Funding| %ile
81
Vol compression
95
Volume spike
0
Perp basis
-0.023%

Stress-score timeline

StressPulse
00.5108-0508-2309-0909-2710-1511-02
2026-08-05 → 2026-11-02 · daily snapshots since tracking begangaps = days without a valid score

Aggregated Open Interest (All Exchanges)

Total OI
$1.10M
Binance
$751.15K
68.1%
Bybit
$306.81K
27.8%
KuCoin
$44.94K
4.1%
Market Cap
$19.35M
Market Cap / Aggregated OI
$19.35M / $1.10M= 17.5463

Risk Signals (Extra)

OI / Volume (24h)
3.772
Level: high
Exchange OI Dominance
binance
Share: 68.1%
Dominance risk

Liquidation history

Long-side 76% of 30d liqstoday: 3rd percentile of 90d
$54.1K$51.9K$007-2708-1409-0209-2410-1311-01
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 54.6% long and 45.4% short in WAXPUSDT, a long/short ratio of 1.20. All accounts on the venue sit at 66.3% 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
$751.15K
ΔOI
-$35.69K

Funding Rate

Coinalyze
Latest
0.0050%
Points
24
Per-exchange futures data
▾
MetricBinanceBybitKuCoin
Price$0.004259$0.004262$0.004259
OI (USD)$751.15K$306.81K$44.94K
OI share68.1%27.8%4.1%
OI (tokens)176,366,55271,988,20010,552,071
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
$19.35M
24h Liquidations
$5.07
Token Symbol
WAXP
Sources
CMC, Coinalyze

WAXP sits in the funding-squeezers cohort. These perpetuals trade alike, 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, $5 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 $1.10M: $751.1K on Binance (68%), $306.8K on Bybit (28%) and $44.9K on KuCoin (4%). That position base is -1.1% over 24 hours and -14.2% over the last week. Open interest is 3.77× the pair's 24-hour volume, so positions are being held rather than churned.

What is WAXP's funding rate?

Binance settles WAXPUSDT 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 WAXP over-leveraged right now?

WAXP's leverage-stress score is 0.041 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 $1.10M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($5 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, 76% of the WAXP notional that got liquidated was long positions and 24% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 3rd 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 WAXP's positioning changing quickly?

WAXP's pulse score is 0.264 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 -1.1% in a day and an unusually tight trading range. At this level nothing unusual is happening yet.

WAXP/USDT (WAXPUSDT) perpetual futures shows a leverage-stress score of 0.041 out of 1.0 (low risk), $1.10M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0050% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.