Jupiter JUP · perps

JUP's derivatives market shows modest positioning with minimal leverage stress. Open interest stands at $27.9M, having grown 1.8% over the past day while declining 5.0% across the week—a pattern suggesting recent consolidation after earlier position unwinding. The aggregated funding rate of 2.10% indicates a mild long bias, though the funding percentile of 47 reveals this premium sits squarely within the coin's typical range of the last 90 days, showing no extreme crowding by its own standards.

The leverage risk score of 4 reflects a very low-friction market structure with minimal fragility. This assessment aligns with the liquidation imbalance of -0.92 recorded over 24 hours, signaling considerably more short liquidations than long ones—a pattern that often occurs during mild rallies or as leveraged shorts unwind. Taken together, JUP presents a balanced derivatives profile: funding remains modest and unremarkable, open interest is small and recently contracting on a weekly view, and the liquidation dynamic suggests no acute crowding in either direction.