The monthly recap for $MAGMA in 30D shows that the overall structure is relatively strong, and the current situation is at a relatively high position within the observation range. The phase path follows a rhythm of mild pullback, then a clear pullback, followed by an evident expansion. After the pullback, the price strengthens again. Both open interest and trading volume expand in sync, and market activity increases noticeably.
On the price side, $MAGMA is currently quoted at 0.51524. The price change over the period is +73.63%. The spread between the range low of 0.15322 and the high of 0.57955 is large, and the current price is at the 84.9% position within the range. Overall, in the latter half of the period, the price has returned to the upper-biased area of the range, and the structure is relatively bullish.
Regarding open interest, the current open interest amount is 17.09M, with a period change of +263.21%. Open interest has expanded significantly, indicating that participants are showing strong willingness to engage around the current price level. The recent trading volume is 242.29M, up +132.53% compared with the previous observation window. Trading has expanded clearly, and market liquidity and trading activity have increased significantly.
In terms of funding rate, the current rate is 0.0403%, which is clearly positive. This reflects that the cost basis of positions is at a relatively high level. This condition alone does not constitute a directional judgment; it is only an objective characteristic of the current market structure.
The first PerpPulse record during the period appears at 2026-08-20 00:00 UTC, with the phase being L1_WATCH and the recorded price at 0.23474. After this record, the objective maximum price change is +146.89%. This process is provided only as an objective record within the period and does not predict any future movement.
Key areas to monitor next include whether the price can maintain itself at the upper-biased position within the range, whether open interest and trading volume continue to change in sync, and whether the funding rate remains at the current level. Changes in these data will help determine whether the current structure is sustained, but no directional conclusions are assumed.
Complete anomaly data: perppulse.xyz
On the price side, $MAGMA is currently quoted at 0.51524. The price change over the period is +73.63%. The spread between the range low of 0.15322 and the high of 0.57955 is large, and the current price is at the 84.9% position within the range. Overall, in the latter half of the period, the price has returned to the upper-biased area of the range, and the structure is relatively bullish.
Regarding open interest, the current open interest amount is 17.09M, with a period change of +263.21%. Open interest has expanded significantly, indicating that participants are showing strong willingness to engage around the current price level. The recent trading volume is 242.29M, up +132.53% compared with the previous observation window. Trading has expanded clearly, and market liquidity and trading activity have increased significantly.
In terms of funding rate, the current rate is 0.0403%, which is clearly positive. This reflects that the cost basis of positions is at a relatively high level. This condition alone does not constitute a directional judgment; it is only an objective characteristic of the current market structure.
The first PerpPulse record during the period appears at 2026-08-20 00:00 UTC, with the phase being L1_WATCH and the recorded price at 0.23474. After this record, the objective maximum price change is +146.89%. This process is provided only as an objective record within the period and does not predict any future movement.
Key areas to monitor next include whether the price can maintain itself at the upper-biased position within the range, whether open interest and trading volume continue to change in sync, and whether the funding rate remains at the current level. Changes in these data will help determine whether the current structure is sustained, but no directional conclusions are assumed.
Complete anomaly data: perppulse.xyz
