Bless BLESS · perps

BLESS is trading with modest leverage positioning and a markedly low risk profile. Open interest stands at $7.6M, down 0.3% over twenty-four hours and down 14.6% across the seven-day window, indicating steady deleveraging and reduced trader commitment. The aggregated funding rate of 10.95% annualized is notably elevated in historical context—sitting at the 31st percentile of the last ninety days—suggesting that long positions are moderately crowded relative to recent norms, though not at stretched extremes.

The leverage risk score of 14 reflects minimal fragility in the structure of positions. Liquidation imbalance at +0.00 shows no directional bias in forced closures over the past day, implying balanced exposure between longs and shorts. Combined, these metrics paint a picture of a market that is gently unwinding leverage: traders are closing positions, funding rates remain positive enough to reward short-sellers marginally, and the overall positioning lacks the hallmarks of acute crowding or instability that would pose near-term tail risk.