Squeeze Insights Lab
All Pairs

XLM/USDT

Last updated: 9/16/2026, 3:02:54 AM

MEDIUM RISK

Moderate leverage or liquidation pressure

Stress Score (Normalized)
0.3750–1
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)
0.347
Higher = inputs are simultaneously rare for this token and changing fast.
OI Δ 24h
-1.4%
OI Δ 7d
+21.8%
OI acceleration
+6.6%
ΔFunding 24h
-0.011%
|Funding| %ile
48
Vol compression
48
Volume spike
0
Perp basis
-0.051%

Stress-score timeline

StressPulse
00.5106-1907-0707-2508-1108-2909-16
LCRdrove the last 7d change(+0.34 score)
2026-06-192026-09-16 · daily snapshots since tracking began

Recent track record

16/40 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 · 5/147d · 4/10
2026-09-151d▼ DN-9.8%
2026-09-141d▼ DN+8.2%
2026-09-131d▼ DN+0.4%
2026-09-133d▼ DN-2.1%
2026-09-121d▼ DN-0.1%
2026-09-123d▼ DN+8.4%
2026-09-111d▼ DN+2.7%
2026-09-113d▼ DN+3.0%
2026-09-101d▼ DN-2.7%
2026-09-103d▼ DN-0.2%

Aggregated Open Interest (All Exchanges)

Total OI
$86.04M
Binance
$40.55M
47.1%
Bybit
$32.92M
38.3%
KuCoin
$12.57M
14.6%
Market Cap
$6.13B
Market Cap / Aggregated OI
$6.13B / $86.04M= 71.2184

Risk Signals (Extra)

OI / Volume (24h)
0.485
Level: elevated
Exchange OI Dominance
binance
Share: 47.1%
No dominance risk

Liquidation history

Long-side 77% of 30d liqstoday: 98th percentile of 90d
$1.1M$605.1K$006-1907-0707-2508-1108-2909-16
Long liqs (above) Short liqs (below)

Positioning summary

Of the ~500 Hyperliquid accounts we track, 3 hold XLM: $1.06M long across 2 positions and $155.9K short across 1 position — net $907.1K long. No tracked liquidation level sits within 60% of the $0.18369 Hyperliquid mark. That is the 2026-09-16 23:59 UTC whale sweep; the interactive panel below reloads it on its own.

Interval:

Open Interest

Coinalyze
Latest
$40.55M
ΔOI
-$5.36M

Funding Rate

Coinalyze
Latest
0.0025%
Points
24
Per-exchange futures data
MetricBinanceBybitKuCoin
Price$0.17631$0.1762$0.17631
OI (USD)$40.55M$32.92M$12.57M
OI share47.1%38.3%14.6%
OI (tokens)229,995,628186,773,22271,270,690
Funding rate-0.0080%

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

External Data (CoinMarketCap & Coinalyze)

Market Cap
$6.13B
24h Liquidations
$1.03M
Token Symbol
XLM
Sources
CMC, Coinalyze

XLM 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 XLM's does:

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

XLM perpetuals — common questions

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

What are XLM's current liquidation levels?

Across the exchanges we aggregate, $1.03M of XLM positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for XLMUSDT 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 XLM have right now?

Aggregated open interest in XLM perpetuals is $86.04M: $40.55M on Binance (47%), $32.92M on Bybit (38%) and $12.57M on KuCoin (15%). That position base is -1.4% over 24 hours and +21.8% over the last week. Open interest is 0.49× the pair's 24-hour volume, so positions are turning over faster than the book itself.

What is XLM's funding rate?

Binance settles XLMUSDT funding at -0.0080% every 8 hours, which annualises to roughly -8.8%. 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 $2.41 a day to stay open.

Are whales long or short XLM?

Among the ~500 largest Hyperliquid accounts we track, 3 hold positions of $100k or more in XLM: $1.06M long across 2 and $155.9K short across 1 — a net $907.1K long. At the start of the tracked week that net figure was $619.6K long. 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 XLM is one of them.

Is XLM over-leveraged right now?

XLM's leverage-stress score is 0.375 out of 1.0, which we band as medium risk. It blends three readings: how big the perp book is next to the token itself ($6.13B of market cap against $86.04M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($1.03M 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 XLM seen heavy liquidations lately?

Over the last 30 complete days, 77% of the XLM notional that got liquidated was long positions and 23% 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.

XLM/USDT (XLMUSDT) perpetual futures shows a leverage-stress score of 0.375 out of 1.0 (medium risk), $86.04M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of -0.0080% as of Sep 16, 2026. These are diagnostic readings of market conditions, not a trade signal.