Exchange insurance funds gave back -$47.2M in the 24 hours to 09:00 UTC on Nov 9, a -0.68% day that leaves $6.87B across the 10 venues we track. The seven day change stands at -1.42%.
OKX, the largest fund at $2.87B, posted -1.24%, and Bybit moved -1.48% to $1.10B. Binance went the other way at +0.38%, leaving $1.87B, and Paradex was the biggest mover at +1.84%.
An insurance fund is the cash a venue keeps to pay for liquidations that close below the bankruptcy price. Together these funds equal 15.56% of perpetual open interest on the coins we track. They are balances the venues report, not audits.
OKX, the largest fund at $2.87B, posted -1.24%, and Bybit moved -1.48% to $1.10B. Binance went the other way at +0.38%, leaving $1.87B, and Paradex was the biggest mover at +1.84%.
An insurance fund is the cash a venue keeps to pay for liquidations that close below the bankruptcy price. Together these funds equal 15.56% of perpetual open interest on the coins we track. They are balances the venues report, not audits.
