Today $BTC 's Coinbase Premium was -0.037%, meaning US bids sat below the global price, and the negative streak ran 27 days. The 7 day average was -0.034%, and the annualized quarterly carry was +4.81%.
Since 2017, days in this low band saw a median +0.0% BTC move over the next 7d (n=661, base +0.5%, 9y of records). History, not a forecast.
The median USDT borrow APR across venues was 3.98%, with OKX cheapest at 3.5% and Binance dearest at 4.95%. The best recorded carry was $BTC on Bybit at 10.52%, from a 10.95% funding APR and a 0.43% borrow APR.
Collapse fired for $BTC , meaning parked charge is deploying and, historically, that has lined up with constructive conditions in up regimes. For 2026, the scorecard shows 425 observations with a 0.26% 24h average and a 53% up share; inputs are proprietary while outcomes are published.
Onchain supply at the share price is $3.35B, up +1.24% since the last recorded day, with 24 hour DEX volume at $409.5M and Ondo Stocks at $1.04B as the largest issuer. The median premium is -0.03% across 186 wrappers, with SNDK Solana +4.34% the widest premium and DKNG Solana -2.21% the widest discount; $BTC .
AI was the best 24 hour theme at +3.21%, while Layer 1 was the worst at +0.06%. Versus $BTC at +6.4% over 30 days, Quantum beat it by 85.4 percentage points, DeFi by 46, AI by 45.8, Layer 2 and DePIN by 34.8, RWA by 26.2, Layer 1 by 20.8, and Meme by 7.4.
$BTC dominance is 58.67% and the tape is waiting, with capital still concentrated in $BTC rather than rotating into alts. $ETH dominance is 11.35% against a $2.89T total mcap, and a sustained move lower in $BTC dominance with no one day read would be the condition that confirms rotation.
Altcoin Season Index is 62, a no clear season regime, with 29 of 47 sampled alts beating $BTC over 90 days. It is down 12 over 7 days; $QNT led at +284.8% and $LYN lagged at -22.2%.
$SNDK tokenized premium on Solana is +3.40%. It is a repeat premium reading measured as the gap between the wrapper and the underlying. As a premium, it shows relative pricing rather than direction.
$ETH shows $100.2M of resting bids and $116.3M of resting asks within 2% of mid, with a 7.4% imbalance toward asks. The largest bid wall is $18.5M at $2,670.76, 0.15% below mid, and the largest ask wall is $15.9M at $2,676.11, 0.05% above mid. Compared with 24 hours earlier, 2% bid liquidity is lower by 5% and 2% ask liquidity is higher by 27%; this book is a snapshot, never a prediction.
Turkey is below the world by -0.08%, with a score of 47 / 100 in a Neutral regime. The gap comes from the dollar leg at -5.6 bps versus the crypto leg at -2.2 bps against the official USD/TRY rate for $BTC , and Bitlo is dearest at -1.8 bps.
A 1M market order costs 0.7 bps on $BTC and 32.9 bps on $LINK . Thin books like these leave less depth to absorb prints, so cascade risk rises when liquidity gets hit across levels.
On Sep 30, $BTC ETF flows saw $149M of outflows, led by FBTC with $126M in redemptions, as funds sold spot BTC. $ETH also saw $59.6M of outflows, and the 5 day $BTC net flow was mixed at a $274M inflow.
Since 2025, days in this mid band saw a median -1.0% BTC move over the next 7d (n=111, base -0.2%, 1y of records). History, not a forecast.
447 new tokenized stock wrappers recorded on 2026-10-01: $ALGM as ALGMx from xStocks on Arbitrum; $ALGM as ALGMx from xStocks on BNB Chain; $ALGM as ALGMx from xStocks on Ethereum; $ALGM as ALGMx from xStocks on HyperEVM; $ALGM as ALGMx from xStocks on Ink; $ALGM as ALGMx from xStocks on Mantle; and 441 more.
By issuer: xStocks 440 and Binance bStocks 7. By chain: BNB Chain 51, Arbitrum 44, Ethereum 44, HyperEVM 44, Ink 44, Mantle 44, Optimism 44, Solana 44, TON 44 and X Layer 44.
Taken from the issuers' own lists, never from a name search. A new wrapper starts with thin pools; its premium to the real share settles once liquidity arrives.
Tradfi open interest is $4.57B across 212 instruments, with $16.32B in 24h volume. It is a reading of open interest and volume, measured across those 212 instruments and led by XAU at $597.64M, SKHYNIX at $360.70M, and BZ at $306.21M. It shows where capital is sitting, not a directional signal.