SWELL — price, funding and open interest
SWELL/USDT perpetual on Coinbase · Kraken: price 0.0006440, 24h turnover $37K. Updated in real time.
What this is
Decentralised financeSwell works on restaking: coins first secure Ethereum, and then the same funds back other services, earning extra yield. It is convenient, but each additional layer adds its own risk — a failure in one service hits the shared collateral and the loss comes back to the receipt holder. What this shows: in such schemes yield comes from several sources and so does risk; both have to be counted. The coin is about 97% below its March 2025 peak. Here it trades on BingX spot.
Chart
Chart built from data of Kraken
What the data shows
SWELL trades at 0.0006440. Over 365 days it ranged between 0.0005000 and 0.011590; the price now sits in the lower third of that range — 1% of the way from the yearly low to the high.
The daily range is 3.4% and five-minute NATR is 0.47%. That range is in the 3th percentile for the year — a noticeably calmer day than usual.
24-hour turnover is $37K — the 6th percentile for the year: trading is quiet.
NATR is 0.53% on the minute and 0.96% on the hour — price grinds: the hourly range is barely wider than the minute one.
SWELL correlation with Bitcoin over 24 hours is -0.23 — it goes its own way, barely looking at Bitcoin.
Traded on 2 venues: Coinbase, Kraken — the price is cross-checked across several sources.
Over the day +0.94%, over the hour 0.00%, over the last five minutes -0.15% — it moved livelier an hour ago and has since gone quiet.
By turnover it ranks 1621 of 1904 instruments in the screener.
By daily range it ranks 1426 of 1904.
Built from current numbers and the coin's own year of history. Updates with the data.
How SWELL behaved before
Tracked since November 2024 — 21 full month, and falling ones prevail: 18 of 21. Median month -10.1%.
Best month — November 2024: +474.1%. Worst — November 2025: -59.0%.
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 SWELL 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.