ZEC/USDT
Last updated: 11/2/2026, 4:04:05 AM
Market calm across metrics
Pulse signals— velocity & rarity composite
What's moving fast right now. Independent from the static stress score.
Stress-score timeline
Aggregated Open Interest (All Exchanges)
Risk Signals (Extra)
Liquidation history
Positioning summary
Of the ~500 Hyperliquid accounts we track, 30 hold ZEC: $22.91M long across 8 positions and $208.19M short across 22 positions — net $185.28M short. No tracked liquidation level sits within 60% of the $1248 Hyperliquid mark. That is the 2026-11-02 13:00 UTC whale sweep; the interactive panel below reloads it on its own.
Open Interest
CoinalyzeFunding Rate
CoinalyzePer-exchange futures data▾
| Metric | Binance | Bybit | KuCoin |
|---|---|---|---|
| Price | $1,276.73 | $1,276.81 | $1,276.73 |
| OI (USD) | $543.39M | $158.51M | $76.72M |
| OI share | 69.8% | 20.4% | 9.9% |
| OI (tokens) | 425,612 | 124,145 | 60,094 |
| Funding rate | 0.0100% | — | — |
A dimmed exchange means the pair isn't listed there. Funding & long/short are Binance-only.
External Data (CoinMarketCap & Coinalyze)
Other BTC-trackers
ZEC sits in the BTC-trackers cohort. These perpetuals trade alike, so their leverage tends to build and unwind the way ZEC's does:
Stress score (0–1) and 24h price change, from the same daily sync as this page.
ZEC perpetuals — common questions
Answered from this pair's current readings, refreshed with the daily sync.
What are ZEC's current liquidation levels?
Across the exchanges we aggregate, $2.53M of ZEC positions were actually liquidated in the last 24 hours. Binance does not publish per-account liquidation prices, so the honest read for ZECUSDT 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 ZEC have right now?
Aggregated open interest in ZEC perpetuals is $778.63M: $543.39M on Binance (70%), $158.51M on Bybit (20%) and $76.72M on KuCoin (10%). That position base is +3.7% over 24 hours and +0.5% over the last week. Open interest is 0.79× the pair's 24-hour volume, so positions are turning over faster than the book itself.
What is ZEC's funding rate?
Binance settles ZECUSDT funding at 0.0100% every 8 hours, which annualises to roughly 11.0%. 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 $3.00 a day to stay open.
Are whales long or short ZEC?
Among the ~500 largest Hyperliquid accounts we track, 30 hold positions of $100k or more in ZEC: $22.91M long across 8 and $208.19M short across 22 — a net $185.28M short. At the start of the tracked week that net figure was $160.10M 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 ZEC is one of them.
Is ZEC over-leveraged right now?
ZEC's leverage-stress score is 0.122 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 ($21.75B of market cap against $778.63M of open interest), how violently open interest is swinging against the funding rate, and how much of the book is already being force-closed ($2.53M 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 ZEC seen heavy liquidations lately?
Over the last 30 complete days, 60% of the ZEC notional that got liquidated was long positions and 40% was shorts, so the pain has been mostly on the long side. The most recent 24-hour total ranks in the 26th 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.
ZEC/USDT (ZECUSDT) perpetual futures shows a leverage-stress score of 0.122 out of 1.0 (low risk), $778.63M in aggregated open interest across Binance, Bybit, KuCoin, a funding rate of 0.0100% as of Nov 2, 2026. These are diagnostic readings of market conditions, not a trade signal.