Quant QNT · perps

QNT's derivatives market shows modest leverage positioning with low liquidation pressure. Open interest stands at $6.5M, growing incrementally at +3.8% over the past day and +3.1% over the week—a gradual buildup rather than aggressive accumulation. The aggregated funding rate of 5.26% annualized is moderately positive, suggesting longs hold a slight edge in crowding, though the funding percentile of 34 indicates this is well below the coin's recent extremes over the past ninety days.

The liquidation imbalance of +0.00 reflects perfect equilibrium between long and short liquidations over twenty-four hours, signaling no acute directional fragility at current leverage levels. Most notably, the leverage risk score of 10 is exceptionally low, positioning QNT among the least stretched markets in derivatives positioning. This combination—steady but restrained OI growth, moderate funding, and minimal systemic leverage risk—suggests the market is neither aggressively long nor structurally vulnerable to cascading liquidations at present.