$KMNO After the CEO threw out a $20 million growth commitment, the market is still digesting it
It hit the day’s high of 0.03754 at 11, and is now around 0.0367; OI fell from about 92.2 million contracts to 89.8 million, while notional value rose from 3.0M to 3.3M—price is up as positions change hands, and the funding rate suggests longs are paying by default. The Foundation’s open letter also laid out two more initiatives: submitting a DeFi lending framework to the SEC and tokenized stock lending through Backpack.
The story is compelling, but around 217 million KMNO tokens are still due to unlock in the near term. Compared with $SOL ’s move over the same period, its extra gains look more like a “governance narrative premium” than a surge in lending volume. Until the commitment translates into verifiable TVL, I’m cautious about how much real money this green candle is worth.
#Democrats win 51 Senate seats
It hit the day’s high of 0.03754 at 11, and is now around 0.0367; OI fell from about 92.2 million contracts to 89.8 million, while notional value rose from 3.0M to 3.3M—price is up as positions change hands, and the funding rate suggests longs are paying by default. The Foundation’s open letter also laid out two more initiatives: submitting a DeFi lending framework to the SEC and tokenized stock lending through Backpack.
The story is compelling, but around 217 million KMNO tokens are still due to unlock in the near term. Compared with $SOL ’s move over the same period, its extra gains look more like a “governance narrative premium” than a surge in lending volume. Until the commitment translates into verifiable TVL, I’m cautious about how much real money this green candle is worth.
#Democrats win 51 Senate seats
