CryptoSlate

A $1.8 billion leverage trap is building on Solana as traders pay 11-month high rates to defend $78

A $1.8 billion leverage trap is building on Solana as traders pay 11-month high rates to defend $78WorldPing

Aggregated funding on SOL perpetual futures has climbed to its highest level since September 2025, according to Velo data. Solana's futures open interest sits near $1.8 billion, equal to roughly 23.1 million SOL in notional exposure at current prices.

This is a short WorldPing brief. The full report was published by CryptoSlate.

Read the full report at CryptoSlate

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Brief by WorldPing · Original reporting by France 24