Filecoin FIL · perps

FIL's perpetual-futures market shows modest positioning with a leverage risk score of 5, indicating a low-friction environment overall. Open interest stands at $64.5M, with a minimal net contraction of -1.4% over the last twenty-four hours offset by a slight weekly gain of +0.4%, suggesting positioning remains relatively stable despite minor short-term deleveraging.

The aggregated funding rate of 4.00% is moderately elevated but contextually unremarkable—it sits at the 47th percentile of the past ninety days, placing it squarely in normal range with no signal of extreme crowding or dislocation. The -1.00 liquidation imbalance indicates a notable skew: all liquidations in the past day came from shorts being wiped out, with no long liquidations recorded, suggesting shorts faced margin pressure while longs remained cushioned.

Taken together, FIL's metrics paint a picture of a balanced but short-biased market. The low risk score and mid-range funding percentile rule out acute leverage fragility, yet the uniform short liquidations and positive funding rate hint at some tactical positioning toward the long side—without the extremity that would signal obvious danger.