CopiumLab

$IRYS went from $0.022 to $0.13 in 24 hours: +495% on the Binance perp, and the last two hours did most of the work.

What the derivatives side shows (17:18 UTC):
• Open interest: ~$12M → ~$100M in a day, about 3x since 15:00 UTC alone
• 24h volume: $1.44B on a coin that was barely moving yesterday
• Funding: next payment estimated at +0.62% per 4h (~1,350% annualized), up from 0.005% this morning
• Perp trades ~6% above the index
• Accounts: 73% short vs 27% long

Most accounts are positioned against the move while longs pay heavy funding every 4 hours. The 15m chart already printed a wick to $0.17 and a pullback to $0.11 within one candle, so volatility is extreme in both directions.

Next funding at 20:00 UTC.



#IRYS #Binance #Futures

Where perp traders pay the most to hold their side (22 Oct 12:27 UTC):

Top positive funding
$KORU : +183% a year on Bitget (+0.1670% every 8h)
$XMR : +137% a year on Bybit (+0.1247% every 8h)
SIREN: +105% a year on Binance (+0.0479% every 4h)

Most negative funding
AXIS: -2602% a year on Bybit (-1.1879% every 4h)
$IOST : -852% a year on OKX (-0.0973% every 1h)

Open interest up the most over 24h:
IRYS OI +200% ($22.0M now)
MAGMA OI +172% ($38.4M now)

313 liquid coins across 5 venues in this snapshot; 23 of them run past 100% a year either way.