Prices, participation and trading conditions

Crypto markets

Across individual assets, the market is in constructive participation. Structure supports exposure, although leadership remains selective. This is separate from the capped SM Crypto Market Index shown alongside it.

Individual-asset participation Constructive participation Completed daily structure plus current 24-hour moves
Participation score 62/100individual assets · daily direction + current moves
Broad index level · live 1996.32index strength 82/100 · Broad index expansion
Daily trend breadth 80.0%395 of 494 assets have a positive Trend
Current 24-hour breadth 54.9%272 advancing · 210 declining
Market history

Price and market direction

Open each view to see direction, participation, risk, leadership and immediate market conditions without mixing their timeframes.

Open the full index view

Is the broad index holding an established direction?

The black line shows the benchmark. The coloured Trend line shows whether the completed path is strengthening, weakening or between states.

What matters now

The broad move has support

The index path and participation across individual assets are both constructive. The cleaner ideas are assets already leading with liquid trading conditions, rather than isolated percentage movers.

How widely is the move shared?

Positive daily Trend80.0%
80.0%395 of 494 assets · completed daily readings
Rising over 24 hours54.9%
54.9%272 rising · 210 falling · current prices
What to watchLook for leaders that hold their completed Trend while live participation stays broad.
What would weaken itA narrowing advance or a loss of the completed index Trend would weaken the case.
Index stateBroad index expansion
Live move-1.17%
Official session0.97%
Constituent breadth49.8%
Trend distance16.18%
Current drawdown-14.61%
Index and individual markets

Index strength is not broadly confirmed

The capped benchmark has the stronger price path, while participation across individual assets remains weak. That points to concentrated index strength rather than a market-wide advance.

Participation across individual assets 62/10062 out of 100

494 assets with completed daily indicators. Completed daily structure plus current 24-hour moves.

Capped broad-index path 82/10082 out of 100

Capped liquidity-weighted index · 478 constituents. Completed daily index history plus the latest intraday estimate.

Live trading conditions

Liquidity, leverage and capital pressure

Current exchange data shows how much trading capacity is available, whether leverage is expanding and whether buying or selling pressure is dominating.

Live · 16 core markets · 6 Oct 2026 18:21 UTCOpen Crypto Lab
Execution capacity

Deep core liquidity

86.2M visible depth around the market with a 0.86 bp median spread. Core execution cost is 6.93 bps.

Leverage state

Leverage contracting

18.0B observed open interest. Funding is 9.33% annualised and 19% of markets show rising open interest.

Capital flow

Supply-led flow

Combined spot and perpetual pressure is -3.7M, equal to -4.25% of visible depth.

Forced flow and collateral

219.8K liquidated

Latest forced activity is shown beside a 11.00 bp median stable-value deviation and 22.8% one-sided trading.

Current market pressure

What sits beneath price

Spot flow-3.1M
Perpetual flow-583.9K
Open-interest breadth3 rising / 13 falling
Liquidity concentration82.7%

This live exchange view explains trading capacity and pressure now. It does not replace the completed daily market view.

Market summary

What the market is doing now

Crypto market state is risk-on. 79.96% of tracked assets have a positive Trend Signal, 60.53% have positive Relative Strength, and 32.79% have positive Market Dynamics. Strong structure is present in 24.49% of the active universe, while stressed structure is present in 11.94%. The most liquid live snapshot is BTC with 1084475302 quote volume.

Updated 6 Oct 2026 18:21
Direction

Constructive participation

80.0% of assets have a positive Trend.

Participation

Split participation

272 assets advance against 210 declining.

Liquidity

Distributed

The five most liquid assets account for 48.9% of observed turnover.

Dispersion

Selective tape

Live return dispersion is 4.63%; selection risk is explicit.

Participation through time

Participation and market pressure

Trend breadth and Relative Strength breadth reveal whether participation is widening or narrowing beneath price.

Trend breadthRelative Strength breadth
Range of live returns

How current moves are distributed

62/ 100
Market score 62 out of 100
Constructive participation

Structure supports exposure, although leadership remains selective.

Median move 0.23%Volume-weighted 1.59%
Markets by 24-hour price change
18Strong pressure−5% or below
106Lower−5% to −1%
190Balanced−1% to +1%
132Higher+1% to +5%
49Strong demand+5% or above

Bar height is the share of observed markets in each range.

Across the tracked crypto markets

Market Dynamics

Daily readings · 6 Oct 2026
Market average-0.17
Median market-0.31
Positive readings32.8%162 of 494 markets
162 positive16 at zero316 negative

Negative readings are more widespread. The average shows the balance of the readings; the median shows the middle market, with less influence from extremes.

494 of 494 tracked markets · equal weight · same dated, closed daily readings.

Market average over time

Dashed line: zero. Above zero is positive; below is negative. This is an indicator reading, not a percentage. History uses the readings available at each snapshot; coverage can change.

Current leaders

Markets leading the crypto universe

1QNT
QNTRS
139.82Momentum
5.18%Dynamics
0.532RLC
RLCRS
125.67Momentum
5.02%Dynamics
1.053MUBARAK
MUBARAKRS
94.71Momentum
3.29%Dynamics
0.364NIGHT
NIGHTRS
84.88Momentum
3.04%Dynamics
1.295PHA
PHARS
80.49Momentum
3.32%Dynamics
-0.116GTC
GTCRS
75.91Momentum
3.29%Dynamics
1.517MOVR
MOVRRS
72.69Momentum
3.06%Dynamics
0.588ZRO
ZRORS
69.38Momentum
2.87%Dynamics
1.11
Markets under pressure

Markets falling behind

1SOXSB
SOXSBRS
-37.77Momentum
-1.32%Dynamics
-0.672HEMI
HEMIRS
-34.92Momentum
-2.70%Dynamics
-0.573FOGO
FOGORS
-29.75Momentum
-0.95%Dynamics
-0.7642Z
2ZRS
-26.99Momentum
-0.63%Dynamics
-0.785ROBO
ROBORS
-26.35Momentum
-1.01%Dynamics
-0.276FLNCB
FLNCBRS
-25.31Momentum
-0.99%Dynamics
0.447USARB
USARBRS
-24.16Momentum
-0.83%Dynamics
-1.018TUT
TUTRS
-23.53Momentum
-0.10%Dynamics
0.14
Market checks

Is the move broad enough to trust?

These views show whether price direction is shared across the market, where it is strongest and where it is beginning to weaken.

Strong structure24.5%121 assets
Stressed structure11.9%59 assets
Positive expectation16.6%82 assets
Negative expectation24.5%121 assets
Undecided58.9%291 assets
Leadership rotation

Momentum versus Relative Strength

The 46 most liquid observed markets are mapped. Select a dot or search the list. Where markets overlap, click the cluster to choose a market or zoom in.

Leadership35 marketsMost distinct: QNT
Emerging7 marketsMost distinct: XRP
Fading0 marketsNo current members
Under pressure4 marketsMost distinct: XAUT
Short-term movement

Where buying or selling pressure is changing now

Recent price updates show which moves are gaining pace and which are beginning to fade.

Open Crypto League
Live prices

Prices and trading activity

The most liquid assets are shown first so price movement is read alongside trading capacity rather than in isolation.

30 liquid markets shown
AssetLive price24h move24h rangeQuote volumeTrades
BTC85,512.0100000.25%85136.11000 - 86698.9900010844753022661829
ETH2,694.860000-0.15%2690.40000 - 2725.130004911510681713580
ZEC1,343.2600002.89%1304.79000 - 1385.00000177774396419706
SOL120.2500000.49%118.88000 - 122.00000177685056460667
NEAR5.0460000.52%4.99800 - 5.37000131954696544657
XRP1.5005000.40%1.49070 - 1.52400119320435348664
USD10.999610-0.01%0.99961 - 0.99997103319518195714
RLUSD10.00%1.00000 - 1.00040751762323779
SUI1.185000-0.28%1.18040 - 1.2323069090614468783
BNB780.250000-0.80%778.06000 - 789.4800067009372395964
RLC0.82500040.26%0.56530 - 1.0770065301443669047
ADA0.2729003.02%0.26370 - 0.2824062344939200760
AVAX11.4820005.28%10.85500 - 11.6910062048760416066
UNI8.637000-3.35%8.58900 - 9.1840055850410191306
QNT258.4200002.11%250.65000 - 269.5700047499652362054
HYPE91.470000-1.87%91.44000 - 95.250004616293988967
ENA0.234600-4.91%0.23440 - 0.2552044282476177723
DOGE0.0949500.47%0.09408 - 0.0963942478371253212
SPCXB173.2600003.11%166.88000 - 176.480003120606774214
ORCA2.72800037.02%1.98400 - 2.7540029952718231818
TAO303.1000001.61%297.90000 - 309.2000028315590144746
WLD0.552000-1.81%0.54560 - 0.5826027623548192702
NMR15.99000034.37%11.80000 - 18.9900026243503200405
FIL1.1622007.21%1.08090 - 1.2110025988165287401
XAUT4,161.5500000.72%4110.67000 - 4174.140002516391358247
PUMP0.006155-2.24%0.00611 - 0.0066924166559178225
TRX0.336000-0.30%0.33520 - 0.337102306754853678
AAVE180.320000-2.55%179.02000 - 187.5900022603357139745
PEPE0.000004-2.06%0.00000 - 0.000002028951648301
ONDO0.4973001.99%0.48450 - 0.512902021325876859
About the data

What the data covers

The dashboard combines completed-session structure with live exchange observations. Liquidity, participation, direction and relative leadership remain separate dimensions; no single reading is treated as a forecast or an investment instruction.

Evidence context