Market Pulse (Nov 9, 2026): BTC -2.72% at $73,894, PEPE leads gainers
1% of liquid perpetual volume sits in rising markets, a risk-off tape. Total 24h volume $6.12B, open interest $9.30B.
Bitcoin is down 2.72% at $73,894 on Hyperliquid, and 1% of the day's volume in liquid perpetuals is in markets that are rising, which reads as a risk-off session. Across 179 perpetual markets, 24-hour volume is $6.12B and open interest stands at $9.30B.
The majors
- BTC $73,894 (-2.72%), funding +10.95% a year
- ETH $2,094 (-6.55%), funding -10.29% a year
- SOL $85.62 (-4.13%), funding +0.12% a year
- HYPE $72.53 (-5.98%), funding -32.25% a year
- XRP $1.08 (-6.85%), funding -3.75% a year
Biggest movers
Among markets with at least $5.0M of daily volume:
- PEPE +1.79% to $5.001e-06 on $42.6M volume
- ARB +0.64% to $0.1709 on $8.1M volume
- XMR -1.25% to $591.45 on $29.7M volume
- AAVE -2.16% to $127.74 on $7.7M volume
- INJ -2.64% to $7.96 on $5.7M volume
Falling the most:
- CASHCAT -15.53% to $0.07107
- PONS -14.56% to $0.1466
- XPL -9.57% to $0.05068
- ZRO -7.71% to $1.48
- XRP -6.85% to $1.08
Funding: who is paying whom
Funding is the hourly payment between longs and shorts; shown here as a yearly rate. High positive funding means longs are crowded and paying up; negative means shorts are paying.
- BTC longs pay +10.95% a year
- AVAX longs pay +10.95% a year
- ARB longs pay +10.95% a year
- HYPE shorts pay +32.25% a year
- ZRO shorts pay +29.46% a year
- LINK shorts pay +14.90% a year
Where the money is
The largest open interest, which is where most capital is positioned:
- BTC $3.03B
- ETH $1.84B
- HYPE $1.64B
- ZEC $522.9M
- SOL $455.9M
How to use this
Breadth and funding describe positioning, not direction. Crowded funding can unwind fast either way, and today's biggest movers are often the most volatile tomorrow. Compare the full list on Markets and Funding Rates, and practise any idea in the demo first.
This report is generated by ChipaX from Hyperliquid market data at the time shown. It is not financial advice.