$TRUST funding rate plunged to -0.151%/4h, or -331% annualized. The previous few periods were at a normal +0.005%, then the latest reading suddenly crashed.
· Open interest is up 39.0% over 24h, reaching $1.4 million
· Open interest/market cap: 14.9%, so derivatives have considerable influence
· Long/short account ratio: 3.4, with longs making up the majority
Intuition is building an on-chain trust graph. Put simply, it gives people and AI a portable public credit profile, backed by community staking.
The price is rising while open interest keeps growing, and the funding rate is deeply negative. That suggests a few large positions are leaning short while retail traders are taking the other side. Either a short squeeze could send prices sharply higher, or longs could get slowly ground down by funding costs. It could also just be a few accounts hedging against each other, so don’t treat this as a directional signal.
It’s a small market, so a few large orders can cause sharp moves. Liquidations on either side could happen quickly. Circulating supply is 18.0%, and FDV is 5.6x the market cap, with more unlock-related selling pressure ahead.
#TRUST #资金费率 #wildcoin