CASH — price, funding and open interest
CASH/USDT perpetual on Kraken: price 0.9997, 24h turnover $7K. Updated in real time.
What this is
StablecoinA dollar stablecoin from the Phantom wallet, issued on Bridge infrastructure (a Stripe company) and launched first on Solana. The logic is simple: a wallet with millions of users issues its own dollars and keeps the reserve income instead of handing it to a third-party issuer. What this shows: for a holder the question is not the price — it sits at one — but who holds the reserves and how fast one can get back into dollars; behind this stands a regulated payments company rather than an anonymous project. Here it trades on BingX spot.
Chart
Chart built from data of Kraken
What the data shows
CASH trades at 0.9997. Over 209 days it ranged between 0.092800 and 35.00; the price now sits in the lower third of that range — 3% of the way from the yearly low to the high.
The instrument lives on a single venue (Kraken). Liquidity sits in one book, so slippage here is more noticeable than on coins listed across several exchanges.
The daily range is 0.1% and five-minute NATR is 0.00%. That range is in the 71th percentile for the year — an ordinary day for it.
24-hour turnover is $7K — the 67th percentile for the year: a normal level of activity for it.
NATR is 0.03% on the minute and 0.03% on the hour — price grinds: the hourly range is barely wider than the minute one.
CASH correlation with Bitcoin over 24 hours is -0.23 — it goes its own way, barely looking at Bitcoin.
Over the day 0.00%, over the hour 0.00%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1743 of 1926 instruments in the screener.
By daily range it ranks 1900 of 1926.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now CASH is within its usual range: volume, funding and open interest are all unremarkable.
Computed from our own minute history for this coin over a year. Percentile is the share of days the value was below today's. Description only, no forecasts.
What we noticed earlier
Similar instruments
From the same group — stablecoin. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
How to read this
- Funding is a payment between longs and shorts. A positive rate means longs pay shorts: the market is crowded long.
- The rate rank shows how unusual that rate is for this particular coin: 97 means above 97% of the last month, a rare skew. Without the rank the bare number says nothing — every coin has its own normal.
- Open interest is the money sitting in positions that are still open. Rising alongside price means new money entering; rising while price falls means shorts building up.
- The OI rank is measured in contracts rather than dollars: otherwise it would drift up with price alone and claim a record where nothing changed.
- NATR shows how much a coin moves relative to its own price. High NATR with high turnover is where today's action is.