On Jupiter Perps, the Solana based perps venue, traders betting against $SOL have borrowed 72.1% of the capital set aside for that side. On the long side it is 11.97%. Shorts are the smaller crowd, but they draw on the tighter pool.
Bets on a rise still dominate, with $78.7M long against $18.8M short, an 80.7% long share across $SOL, $ETH and $BTC . Solana alone carries $45.1M of longs and $14.8M of shorts, and traded at $84.56 on Nov 11, up 1.45% over 24 hours.
The JLP pool, which takes the other side of these trades, holds $757.4M and shows a 10.78% yearly rate.
Bets on a rise still dominate, with $78.7M long against $18.8M short, an 80.7% long share across $SOL, $ETH and $BTC . Solana alone carries $45.1M of longs and $14.8M of shorts, and traded at $84.56 on Nov 11, up 1.45% over 24 hours.
The JLP pool, which takes the other side of these trades, holds $757.4M and shows a 10.78% yearly rate.
