OpenEden EDEN · perps

EDEN's perpetual-futures market shows modest positioning with relatively benign leverage conditions. Open interest stands at $4.8M, having declined 0.2% over the past day, suggesting a stable but not materially expanding derivatives footprint. The aggregated funding rate of 10.95% is moderately elevated, placing it at the 58th percentile of the last ninety days—above the historical midpoint but not in extreme territory for this asset.

The leverage risk score of 7 indicates low structural fragility, despite the positive funding environment. The liquidation imbalance of +0.00 shows no directional bias in cascade risk over the last twenty-four hours, meaning long and short liquidations have been balanced. Together, these metrics suggest that while longs are paying shorts at a meaningful rate, the absolute amount of leverage deployed remains constrained and the market lacks the crowding dynamics that typically precede sharp repricing. The seven-day open interest change is unavailable, limiting longer-term trend assessment, but the modest daily deleveraging and steady risk score suggest participants are not rushing to build positions despite the funding incentive.