Squeeze Insights Lab
All Pairs

W/USDT

Last updated: 9/15/2026, 3:55:44 AM

LOW RISK

Market calm across metrics

Stress Score (Normalized)
0.0350–1
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)
0.276
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.3%
OI Δ 7d
-11.2%
OI acceleration
-1.0%
ΔFunding 24h
-0.001%
|Funding| %ile
6
Vol compression
90
Volume spike
0
Perp basis
-0.254%

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

14/40 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 · 4/10
2026-09-141d▼ DN-2.7%
2026-09-131d▼ DN+0.8%
2026-09-121d▼ DN+2.7%
2026-09-123d▼ DN+0.8%
2026-09-111d▼ DN+1.8%
2026-09-113d▼ DN+5.4%
2026-09-101d▼ DN-2.6%
2026-09-103d▼ DN+1.8%
2026-09-091d▼ DN-2.3%
2026-09-093d▼ DN-3.1%

Aggregated Open Interest (All Exchanges)

Total OI
$5.93M
Binance
$2.35M
39.6%
Bybit
$3.23M
54.5%
KuCoin
$351.88K
5.9%
Market Cap
$58.07M
Market Cap / Aggregated OI
$58.07M / $5.93M= 9.7860

Risk Signals (Extra)

OI / Volume (24h)
1.521
Level: high
Exchange OI Dominance
bybit
Share: 54.5%
No dominance risk

Liquidation history

Long-side 78% of 30d liqstoday: 51st percentile of 90d
$97.8K$33.3K$006-1807-0607-2408-1008-2809-15
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 2 hold W: $275.7K long across 1 position and $361.7K short across 1 position — net $86.0K short. No tracked liquidation level sits within 60% of the $0.00919 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
$2.35M
ΔOI
-$132.53K

Funding Rate

Coinalyze
Latest
-0.0007%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.009835$0.009824$0.009835
OI (USD)$2.35M$3.23M$351.88K
OI share39.6%54.5%5.9%
OI (tokens)238,872,747329,097,98535,778,317
Funding rate-0.0015%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$58.07M
24h Liquidations
$6.28K
Token Symbol
W
Sources
CMC, Coinalyze

W 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 W's does:

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

W perpetuals — common questions

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

What are W's current liquidation levels?

Across the exchanges we aggregate, $6.3K of W positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for WUSDT 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 W have right now?

Aggregated open interest in W perpetuals is $5.93M: $2.35M on Binance (40%), $3.23M on Bybit (54%) and $351.9K on KuCoin (6%). That position base is -1.3% over 24 hours and -11.2% over the last week. Open interest is 1.52× the pair's 24-hour volume, so positions are being held rather than churned.

What is W's funding rate?

Binance settles WUSDT funding at -0.0015% every 8 hours, which annualises to roughly -1.6%. 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 $0.44 a day to stay open.

Are whales long or short W?

Among the ~500 largest Hyperliquid accounts we track, 2 hold positions of $100k or more in W: $275.7K long across 1 and $361.7K short across 1 — a net $86.0K 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 W is one of them.

Is W over-leveraged right now?

W's leverage-stress score is 0.035 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 ($58.07M of market cap against $5.93M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($6.3K 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 W seen heavy liquidations lately?

Over the last 30 complete days, 78% of the W 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 51st percentile of the last 90 days, meaning today is about normal for this pair. The mirrored bar chart on this page plots the daily long/short split for the past year.

W/USDT (WUSDT) perpetual futures shows a leverage-stress score of 0.035 out of 1.0 (low risk), $5.93M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0015% as of Sep 15, 2026. These are diagnostic readings of market conditions, not a trade signal.