Jito JTO · perps

JTO's derivatives market shows benign positioning with modest recent volatility. The aggregated funding rate stands at -0.46%, indicating shorts are paying longs a small premium—a mild bearish lean that sits near the middle of its recent range at a funding percentile of 46 over 90 days. Open interest of $31.6M is relatively modest in absolute terms, and while the market added +12.2% in open interest over the past 24 hours, the 7-day trend reveals a pullback of -14.9%, suggesting the near-term surge follows a broader deleveraging cycle.

The liquidation imbalance of -0.19 shows a slight bias toward short liquidations over the past day, though the asymmetry is mild. Most significantly, JTO's leverage risk score of 10 is very low, reflecting a market that is neither crowded nor fragile relative to comparable assets. The combination of near-neutral funding, modest open interest size, and minimal leverage concentration indicates a healthy absence of extreme positioning or liquidation risk at current levels.