Squeeze Insights Lab
All Pairs

WET/USDT

Last updated: 11/1/2026, 6:12:00 AM

EXTREME RISK

Critical stress across metrics

Stress Score (Normalized)
0.7960–1
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)
0.589
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
+3.5%
OI Δ 7d
+85.0%
OI acceleration
-96.6%
ΔFunding 24h
+0.209%
|Funding| %ile
98
Vol compression
0
Volume spike
100
Perp basis
—

Stress-score timeline

StressPulse
00.5108-0408-2209-0809-2610-1411-01
DBSdrove the last 7d change(+0.31 score)
2026-08-04 → 2026-11-01 · daily snapshots since tracking begangaps = days without a valid score

Aggregated Open Interest (All Exchanges)

Total OI
$5.78M
Binance
$2.40M
41.5%
Bybit
$2.14M
37.0%
KuCoin
$1.24M
21.5%
Market Cap
$11.82M
Market Cap / Aggregated OI
$11.82M / $5.78M= 2.0429

Risk Signals (Extra)

OI / Volume (24h)
0.208
Level: normal
Exchange OI Dominance
binance
Share: 41.5%
No dominance risk

Liquidation history

Long-side 80% of 30d liqstoday: 98th percentile of 90d
$116.8K$24.5K$007-3008-1809-0509-2410-1411-01
Long liqs (above) Short liqs (below)

Positioning summary

Binance's top traders by position size are 53.1% long and 46.9% short in WETUSDT, a long/short ratio of 1.13. All accounts on the venue sit at 71.4% long, so the largest positions are leaning against the crowd. WET 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
$2.40M
ΔOI
+$350.76K

Funding Rate

Coinalyze
Latest
-0.2941%
Points
24
Per-exchange futures data
▾
MetricBinanceBybitKuCoin
Price$0.05651$0.05656$0.05651
OI (USD)$2.40M$2.14M$1.24M
OI share41.5%37.0%21.5%
OI (tokens)42,494,69037,761,03622,022,120
Funding rate-0.0851%——

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$11.82M
24h Liquidations
$62.09K
Token Symbol
WET
Sources
CMC, Coinalyze

WET sits in the funding-squeezers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way WET's does:

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

WET perpetuals — common questions

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

What are WET's current liquidation levels?

Across the exchanges we aggregate, $62.1K of WET positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for WETUSDT 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 WET have right now?

Aggregated open interest in WET perpetuals is $5.78M: $2.40M on Binance (42%), $2.14M on Bybit (37%) and $1.24M on KuCoin (22%). That position base is +3.5% over 24 hours and +85.0% over the last week. Open interest is 0.21× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is WET's funding rate?

Binance settles WETUSDT funding at -0.0851% every 8 hours, which annualises to roughly -93.2%. 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 $25.53 a day to stay open.

Is WET over-leveraged right now?

WET's leverage-stress score is 0.796 out of 1.0, which we band as extreme risk. It blends three readings: how big the perp book is next to the token itself ($11.82M of market cap against $5.78M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($62.1K 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 WET seen heavy liquidations lately?

Over the last 30 complete days, 80% of the WET notional that got liquidated was long positions and 20% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 98th 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 WET's positioning changing quickly?

WET's pulse score is 0.372 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 +3.5% in a day and volume well above its own 30-day median. At this level nothing unusual is happening yet.

WET/USDT (WETUSDT) perpetual futures shows a leverage-stress score of 0.796 out of 1.0 (extreme risk), $5.78M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0851% as of Nov 1, 2026. These are diagnostic readings of market conditions, not a trade signal.