Chainbase C · perps

C's perpetual-futures market shows modest positioning with low leverage stress. Open interest stands at $6.0M, having contracted by 5.7% over the past twenty-four hours, suggesting recent deleveraging or position closure. The aggregated funding rate of 9.12% annualized is moderately positive, indicating longs continue to pay shorts, though this rate sits at the 40th percentile of the past ninety days—well below recent peaks and suggesting current long crowding is unremarkable relative to C's own history.

Liquidation pressure appears balanced: the imbalance metric is +0.00, meaning long and short liquidations were equally weighted over the day. The leverage risk score of 8 is notably low, pointing to a relatively stable derivative positioning with minimal fragility. Taken together, these metrics paint a picture of a market neither stretched nor distressed—C's perpetual complex is lightly leveraged with modest long-side funding premium and no acute tail-risk signals.