Crypto
Sentiment, derivatives positioning, ETF flows and on-chain signals — the edge, in one view · as of 2026-07-25.
Crypto is highly volatile and largely unregulated. This is a research view, not investment advice, and we publish no price targets.
Fear & Greed Index
Sentiment from volatility, momentum, volume & social
Fear
Altcoin Season Index
Share of top-50 alts beating BTC over 90 days
64/100
Mixed / no clear leader
Bitcoin seasonAltcoin season
BTC dominance
Bitcoin's share of total crypto market cap
56.2%
accrued daily trend
Perp funding rates
Annualized · positive = longs pay shorts · Hyperliquid
BTC+2.5%
ETH+5.4%
SOL−4.9%
HYPE+11.0%
ZEC+11.0%
XRP−6.3%Perp volume · 24h
Notional traded across all Hyperliquid perps
$2.96B
Volume spikes alongside funding extremes often mark local tops and bottoms — leverage chasing the move.
Open interest
Aggregate Hyperliquid perps
$7.38B
Rising OI with rising price = new money. Rising OI with falling price = shorts building.
Spot ETF net flows
Daily creations / redemptions · Farside Investors
ETF flow feed pending — populated by the data cron once the Farside scrape lands a first snapshot.
On-chain & DeFi signals
DeFiLlama — the data that moves before price
DeFi TVL
+0.6% 7d$75.44B
Value locked across all chains
DEX volume · 24h
-8.8% w/w$6.53B
On-chain spot turnover
Stablecoin float
+0.4% 7d$309.78B
Dry powder parked on-chain
Bitcoin network
mempool.space
Hashrate
913 EH/s
3-day average
Difficulty
-0.8%
next adjustment · 96% there
Next halving
Apr 2028
90,473 blocks
Network fee
1 sat/vB · ~$0.09
half-hour confirmation
Sector rotation
Cap-weighted 24h change by sector — where capital is flowing
−3.1%
−2.5%
−2.2%
−1.9%
−1.7%
−1.7%
−0.5%
−0.2%
Top gainers · 24h
Venice Token
VVV
MemeCore
M
Top losers · 24h
Worldcoin
WLD
Ondo
ONDO
Lighter
LIT
Zcash
ZEC
NEAR Protocol
NEAR
7-day leaders
Biggest 7-day gainers among liquid alts
1
+40.3%
Audiera
BEAT
2
+12.9%
Provenance Blockchain
HASH
3
+11.4%
Monero
XMR
4
+9.9%
Pump.fun
PUMP
5+9.9%
Venice Token
VVV
DeFi protocol fundamentals →
Rank protocols by price-to-fees, revenue and real yield — the closest thing crypto has to a P/E. CoinGecko shows the price; we show whether it's justified.
Top assets by market cap
| # | Asset | Price | 24h | 7-day | Market cap |
|---|---|---|---|---|---|
| 1 | BitcoinBTC | $63,969.88 | −2.25% | $1.28T | |
| 2 | EthereumETH | $1,856.30 | −1.63% | $224.02B | |
| 3 |  TetherUSDT | $0.999091 | −0.01% | $183.99B | |
| 4 |  BNBBNB | $564.07 | −0.65% | $75.12B | |
| 5 |  USDCUSDC | $1.00 | +0.01% | $72.59B | |
| 6 | XRPXRP | $1.09 | −2.16% | $68.00B | |
| 7 | SolanaSOL | $73.85 | −2.45% | $43.05B | |
| 8 |  TRONTRX | $0.329294 | −0.25% | $31.24B | |
| 9 |  Figure HelocFIGR_HELOC | $1.02 | −2.20% | $20.81B | |
| 10 | HyperliquidHYPE | $57.26 | −2.53% | $12.74B | |
| 11 |  DogecoinDOGE | $0.069349 | +0.17% | $10.76B | |
| 12 |  USDSUSDS | $0.999952 | +0.01% | $9.86B | |
| 13 |  RainRAIN | $0.014028 | +0.94% | $9.74B | |
| 14 |  LEO TokenLEO | $9.70 | +1.13% | $8.93B | |
| 15 | ZcashZEC | $477.43 | −5.87% | $8.02B | |
| 16 | MoneroXMR | $368.48 | +2.81% | $6.92B | |
| 17 |  WhiteBIT CoinWBT | $55.77 | −2.09% | $6.58B | |
| 18 |  ChainlinkLINK | $8.30 | −1.94% | $6.21B | |
| 19 |  StellarXLM | $0.176937 | −3.38% | $6.05B | |
| 20 |  CardanoADA | $0.161821 | −3.10% | $6.04B | |
| 21 |  DaiDAI | $0.999943 | +0.03% | $4.64B | |
| 22 |  CantonCC | $0.117077 | −3.97% | $4.58B | |
| 23 |  Bitcoin CashBCH | $211.47 | −0.53% | $4.24B | |
| 24 |  USD1USD1 | $0.998607 | −0.01% | $4.14B | |
| 25 |  Gram (prev. Toncoin)GRAM | $1.48 | +0.38% | $4.03B | |
| 26 |  Ethena USDeUSDE | $0.999802 | +0.00% | $3.98B | |
| 27 |  LitecoinLTC | $46.09 | −1.91% | $3.57B | |
| 28 |  Global DollarUSDG | $0.999803 | +0.05% | $3.28B | |
| 29 |  HederaHBAR | $0.070113 | −1.47% | $3.07B | |
| 30 |  SuiSUI | $0.705782 | −4.90% | $2.86B | |
| 31 |  AvalancheAVAX | $6.25 | −0.14% | $2.70B | |
| 32 |  CronosCRO | $0.056675 | −0.79% | $2.68B | |
| 33 |  PayPal USDPYUSD | $0.999978 | +0.02% | $2.68B | |
| 34 |  BlackRock USD Institutional Digital Liquidity FundBUIDL | $1.00 | +0.00% | $2.64B | |
| 35 |  Tether GoldXAUT | $4,049.97 | +0.42% | $2.48B | |
| 36 |  Shiba InuSHIB | $0.0000042 | +0.28% | $2.47B | |
| 37 | NEAR ProtocolNEAR | $1.79 | −5.78% | $2.33B | |
| 38 |  UniswapUNI | $3.68 | −4.83% | $2.30B | |
| 39 |  Ondo US Dollar YieldUSDY | $1.14 | −0.02% | $2.16B | |
| 40 | OndoONDO | $0.378127 | −6.17% | $1.84B | |
| 41 |  BittensorTAO | $189.35 | −2.37% | $1.82B | |
| 42 |  World Liberty FinancialWLFI | $0.05695 | +0.87% | $1.81B | |
| 43 |  PAX GoldPAXG | $4,048.41 | +0.49% | $1.80B | |
| 44 |  OKBOKB | $82.09 | −0.07% | $1.72B | |
| 45 |  AsterASTER | $0.621838 | −0.80% | $1.67B | |
| 46 |  HTX DAOHTX | $0.000001831 | −0.65% | $1.65B | |
| 47 | MemeCoreM | $1.20 | +4.06% | $1.59B | |
| 48 |  Ripple USDRLUSD | $1.00 | +0.02% | $1.59B | |
| 49 |  USDDUSDD | $0.99902 | −0.01% | $1.55B | |
| 50 |  Falcon USDUSDF | $0.994596 | −0.10% | $1.42B | |
| 51 |  AaveAAVE | $91.23 | −5.39% | $1.41B | |
| 52 |  PolkadotDOT | $0.811633 | −0.15% | $1.38B | |
| 53 |  SkySKY | $0.058339 | +1.95% | $1.36B | |
| 54 |  MantleMNT | $0.408841 | −0.67% | $1.35B | |
| 55 |  BFUSDBFUSD | $0.998595 | +0.03% | $1.32B | |
| 56 | WorldcoinWLD | $0.342725 | −10.66% | $1.29B | |
| 57 |  MorphoMORPHO | $1.92 | −3.64% | $1.26B | |
| 58 |  Internet ComputerICP | $2.12 | −2.09% | $1.18B | |
| 59 |  Bitget TokenBGB | $1.65 | −1.05% | $1.16B | |
| 60 |  PepePEPE | $0.000002676 | −4.52% | $1.13B | |
| 61 |  USDGOUSDGO | $1.00 | −0.00% | $1.11B | |
| 62 |  United StablesU | $0.999699 | −0.00% | $1.07B | |
| 63 |  Ethereum ClassicETC | $6.61 | −2.35% | $1.04B | |
| 64 | AudieraBEAT | $3.30 | −4.00% | $1.02B | |
| 65 |  Spiko EU T-Bills Money Market FundEUTBL | $1.20 | −0.16% | $1.01B | |
| 66 |  Blockchain CapitalBCAP | $106.20 | +0.00% | $967.7M | |
| 67 |  StableSTABLE | $0.038199 | +0.31% | $947.1M | |
| 68 |  QuantQNT | $63.45 | −0.46% | $922.9M | |
| 69 |  Pi NetworkPI | $0.083558 | −0.06% | $914.3M | |
| 70 |  KuCoinKCS | $6.54 | −1.17% | $896.5M | |
| 71 |  Spiko Amundi Overnight Swap Fund (EUR)EURSAFO | $1.15 | −0.15% | $882.8M | |
| 72 |  Janus Henderson Anemoy Treasury FundJTRSY | $1.11 | +0.00% | $870.2M | |
| 73 |  JUSTJST | $0.102064 | +0.62% | $835.8M | |
| 74 |  EthenaENA | $0.086919 | −4.31% | $831.0M | |
| 75 |  Invesco Short Duration US Government Securities FundUSTB | $11.16 | +0.01% | $820.9M | |
| 76 |  POL (ex-MATIC)POL | $0.076743 | −1.34% | $820.0M | |
| 77 |  KaspaKAS | $0.027552 | −2.45% | $757.5M | |
| 78 |  AlgorandALGO | $0.084064 | +0.74% | $753.9M | |
| 79 |  RenderRENDER | $1.45 | −2.83% | $752.6M | |
| 80 |  NEXONEXO | $0.733809 | −0.42% | $733.9M | |
| 81 | Pump.funPUMP | $0.001805 | −2.10% | $719.2M | |
| 82 |  Cosmos HubATOM | $1.38 | −3.37% | $716.8M | |
| 83 |  GateGT | $6.63 | −0.48% | $707.0M | |
| 84 |  Janus Henderson Anemoy AAA CLO FundJAAA | $1.04 | +0.01% | $685.6M | |
| 85 |  BeldexBDX | $0.083158 | −0.68% | $654.3M | |
| 86 |  GHOGHO | $0.998895 | −0.02% | $648.3M | |
| 87 |  币安人生 (BinanceLife)币安人生 | $0.630532 | −2.09% | $630.5M | |
| 88 |  JupiterJUP | $0.185504 | −1.97% | $615.9M | |
| 89 | Venice TokenVVV | $12.72 | +5.37% | $603.9M | |
| 90 |  YLDSYLDS | $1.00 | +0.00% | $599.6M | |
| 91 |  FilecoinFIL | $0.718601 | −2.17% | $579.9M | |
| 92 |  FlareFLR | $0.006372 | −1.87% | $553.8M | |
| 93 |  Usual USDUSD0 | $0.999789 | +0.02% | $553.1M | |
| 94 |  XDC NetworkXDC | $0.027717 | −1.16% | $552.9M | |
| 95 |  ArbitrumARB | $0.082589 | −4.40% | $546.2M | |
| 96 |  InjectiveINJ | $5.27 | −2.98% | $527.2M | |
| 97 |  USXUSX | $0.999857 | −0.01% | $523.0M | |
| 98 | Provenance BlockchainHASH | $0.009143 | +1.72% | $509.2M | |
| 99 |  AptosAPT | $0.596565 | −4.54% | $504.2M | |
| 100 | LighterLIT | $1.99 | −6.01% | $498.6M |
Sources: CoinPaprika · DeFiLlama · Hyperliquid · alternative.me · mempool.space · CoinGecko (logos). Market snapshots refresh every 2 hours; live feeds every 30 minutes.