Initia (INIT) — price, funding and open interest
INIT/USDT perpetual on Binance · OKX · Bybit · Bitget · Hyperliquid · BingX · KuCoin · Gate · HTX · MEXC · Kraken: price 0.1365, 24h turnover $34.4M. Updated in real time.
What this is
Layer-1 blockchainInitia is an L1 with interwoven rollups: out of the box the network gives applications their own mini-chains (minitias) in a choice of EVM, Move or Wasm, while the base layer ties them together with shared liquidity, bridges and staking. The idea is to remove multichain pain: users move between rollups without noticing the seams. Incubated by Binance Labs, with mainnet and token launched in 2025. INIT covers gas, staking and governance. Competition for rollup developers is fierce — from Optimism Superchain to Arbitrum Orbit.
Chart
Chart built from data of Bybit
INIT unlocks
Full unlock calendar →- investors$5.6M4.23% of supply16.4% of daily volume
- team$5.5M4.16% of supply16.1% of daily volume
- foundation & treasury$661K0.50% of supply1.9% of daily volume
- public sale$341K0.26% of supply0.99% of daily volume
- Day total$12.2M9.15% of supply35.5% of daily volume
Large unlock: in our data, a coin typically loses about 4.5% against its norm in the week before the date. Our research →
Next dates: 05/24 · 06/24 · 07/24 · Linear release of 82.1K tokens per day · Past unlocks: 9
What the data shows
INIT trades at 0.1365. Over 365 days it ranged between 0.047200 and 0.2569; the price now sits in the middle of that range — 43% of the way from the yearly low to the high.
All-time high is 1.4500 (May 2025); the price is 91% below it now.
24-hour turnover is $34.4M — percentile 99 for the year: noticeably busier than usual.
Open positions in INIT are worth $13.0M. Over the past hour open interest rose by 1.53%. That is at percentile 0 over three weeks: noticeably fewer positions than usual.
The daily range is 18.9% and five-minute NATR is 0.55%. That range is at percentile 92 for the year — an unusually wide day.
Funding is +0.0050%: longs pay shorts, so positioning leans to buyers. That is percentile 18 for the month: a clear departure from its own norm.
Traded on 11 venues: Binance, OKX, Bybit, Bitget, Hyperliquid, BingX, KuCoin, Gate, HTX, MEXC, Kraken — the price is cross-checked across several sources.
NATR is 0.17% on the minute and 1.95% on the hour — the move is choppy: within an hour price travels far and comes back.
INIT correlation with Bitcoin over 24 hours is 0.31 — it partly moves with the market.
Over the day -1.59%, over the hour +2.58%, over the last five minutes -0.16% — the pace is steady.
By turnover it ranks 184 of 2159 instruments in the screener.
By daily range it ranks 378 of 2159.
Built from current numbers and the coin's own year of history. Updates with the data.
How INIT behaved before
Tracked since April 2025 — 19 full months, and falling ones prevail: 15 of 19. Median month -5.7%.
Best month — October 2026: +76.8%. Worst — October 2025: -56.8%.
Computed from our own minute history, month by month. The past promises nothing — but it shows what is ordinary for this instrument and what is not.
Our observations
KairoRight now INIT 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 — layer-1 blockchain. They open the same way, with a chart and a breakdown.
Price and movement
Turnover and activity
Futures metrics
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.
How much money sits in open positions on each venue. The total spans every exchange listing the contract.