MEZO — price, funding and open interest
MEZO/USDT perpetual on Coinbase · Kraken: price 0.005650, 24h turnover $98K. Updated in real time.
What this is
Decentralised financeMezo is a network where bitcoin works as collateral: a holder borrows dollars against it without selling the coin, around the clock, with no credit committee and no branch hours. The problem is clear — most BTC holders do not want to sell but do want liquidity. What this shows: the main risk is not the rate but the collateral price — a fall in bitcoin triggers forced sales, and that is exactly where similar services broke. What to check is the liquidation threshold and who issues the loans. Here it trades on BingX spot.
Chart
Chart built from data of Kraken
MEZO unlocks
Our sources have no unlock schedule for this coin. 50 % of the issued supply is in circulation per CoinGecko; the rest may be locked or not yet issued.
Net issuance will appear once our supply ledger covers 30 days.
Supply figures are from CoinGecko, updated once a day. We do not take unlock schedules from trackers.
What the data shows
MEZO trades at 0.005650. Over 219 days it ranged between 0.002593 and 0.1750; the price now sits in the lower third of that range — 2% of the way from the yearly low to the high.
All-time high is 0.1750 (April 2026); the price is 97% below it now.
24-hour turnover is $98K — percentile 27 for the year: a normal level of activity for it.
The daily range is 11.6% and five-minute NATR is 0.35%. That range is at percentile 58 for the year — an ordinary day for it.
Traded on 2 venues: Coinbase, Kraken — the price is cross-checked across several sources.
MEZO correlation with Bitcoin over 24 hours is 0.41 — it partly moves with the market.
Over the day -4.56%, 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 1698 of 2160 instruments in the screener.
By daily range it ranks 955 of 2160.
NATR is 0.25% on the minute and 1.34% on the hour — the move is even, without sharp excursions inside the hour.
Built from current numbers and the coin's own year of history. Updates with the data.
Our observations
KairoRight now MEZO 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 — decentralised finance. 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.