Talos: Ten tokens drove 62% of altcoin futures open interest
- —Ten tokens accounted for 62% of altcoin futures open interest
- —Altcoin OI-to-market-cap ratio hit a record 5.6%
- —SOL funding was below zero while PUMP reached +21.8% annualized
- —On Binance, PUMP funding flipped from -0.001748% to +0.001227% in four hours
Why it matters: Concentration in ten tokens plus shared cross-margin collateral raises the risk of cascading liquidations when funding shifts.
Source: CryptoSlate