Songbird (SGB) — price, funding and open interest
SGB/USDT perpetual on Kraken: price 0.001188, 24h turnover $13K. Updated in real time.
What this is
Layer-1 blockchainSongbird is Flare's «canary» network: changes are trialled there before reaching the main chain, yet its coins trade for real. That design is rare and honest — real money tests code better than any staging environment. What this shows: a canary network has no future of its own by design — it is useful exactly as far as the main chain is active; the coin is about 99.9% below its September 2021 peak with a market cap around sixteen million. Here it trades on BingX spot.
Chart
Chart built from data of Kraken
What the data shows
SGB trades at 0.001188. Over 365 days it ranged between 0.0006380 and 0.005970; the price now sits in the lower third of that range — 10% of the way from the yearly low to the high.
The daily range is 15.6% and five-minute NATR is 1.51%. That range is in the 84th percentile for the year — an unusually wide day.
There is only one venue — Kraken — and no second price source: if it drifted from the market, there would be nothing to notice it by.
24-hour turnover is $13K — the 38th percentile for the year: a normal level of activity for it.
NATR is 0.76% on the minute and 1.52% on the hour — price grinds: the hourly range is barely wider than the minute one.
SGB correlation with Bitcoin over 24 hours is -0.11 — it goes its own way, barely looking at Bitcoin.
Over the day 0.00%, over the hour -0.08%, over the last five minutes 0.00% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1696 of 1924 instruments in the screener.
By daily range it ranks 242 of 1924.
Built from current numbers and the coin's own year of history. Updates with the data.
How SGB behaved before
Tracked since August 2024 — 24 full months, and falling ones prevail: 17 of 24. Median month -11.1%.
Best month — November 2024: +126.4%. Worst — December 2024: -41.8%.
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 SGB 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
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.