BTC $72,699.00 +6.26%
ETH $2,342.50 +12.23%
SOL $87.60 +7.42%
XRP $1.31 +23.05%
HomeCategoryMarket

Market

Explore the latest coverage from Coinwy's Market desk.

What Is Open Interest in Crypto Perpetuals?

What Is Open Interest in Crypto Perpetuals?

Learn what open interest measures in crypto perpetuals, how it differs from volume, and how to read it with price, funding and liquidation risk.

By Ronan Hayes11 min readAug 17, 2026Trading
What Are Perpetual Futures and How Do They Work?

What Are Perpetual Futures and How Do They Work?

Learn how perpetual futures work, including funding, mark price, margin, collateral, PnL and the differences from spot and dated futures.

By Ronan Hayes11 min readAug 17, 2026Trading
What Is Leverage Trading in Crypto and How Does It Work?

What Is Leverage Trading in Crypto and How Does It Work?

Learn how crypto leverage changes exposure, profit, loss, margin and liquidation through formulas, worked examples and practical risk controls.

By Ronan Hayes10 min readAug 17, 2026Trading
Coinwy (4)

How Perpetual Exchange Costs Work: Fees, Spread, Funding and Slippage

Calculate the real cost of a perpetual trade by combining fees, spread, slippage, funding, network charges and withdrawal friction.

By Ronan Hayes11 min readAug 17, 2026Market
Hyperliquid vs Jupiter Perps in 2026: Execution, Markets and Risk

Hyperliquid vs Jupiter Perps in 2026: Execution, Markets and Risk

Compare Hyperliquid and Jupiter Perps by order execution, fee structure, market coverage, JLP exposure, liquidation and wallet recovery.

By Ronan Hayes9 min readAug 13, 2026Market
Coinwy (6)

dYdX vs Lighter in 2026: Decentralized Order Books Compared

Compare dYdX and Lighter by order state, matching proofs, account latency, fees, funding, liquidation and recovery across two decentralized CLOBs.

By Ronan Hayes10 min readAug 13, 2026Market
Coinwy (3)

Hyperliquid vs GMX in 2026: Order Book or Liquidity Pool?

Compare Hyperliquid and GMX by order-book fills, pool imbalance, funding, borrow costs, collateral, liquidation and strategy fit.

By Ronan Hayes10 min readAug 13, 2026Market
Binance Bitcoin Futures-to-Spot Ratio Hits 8:1 Record Thumbnail

Binance Bitcoin Futures-to-Spot Ratio Hits 8:1 Record

Binance Bitcoin futures-to-spot ratio reportedly reached a record eight-to-one in a CryptoQuant-linked market note, a level that would mean futures turnover on the exchange was eight times larger than spot volume.

By Noah Carter3 min readAug 7, 2026Market
Bitcoin Holds Near 6,300 as Chips Rally, Yen Slides Thumbnail

Bitcoin Holds Near $66,300 as Chips Rally, Yen Slides

Bitcoin holds near $66,300 as a renewed rally in chip stocks and a slide in the Japanese yen to a 40-year low set the cross-market risk backdrop that crypto traders are watching closely.

By Thiago Alvarez3 min readJul 22, 2026Market
Franklin Crypto CIO Says Crypto Prices Are Disconnected From Fundamentals Thumbnail

Franklin Crypto CIO Says Crypto Prices Are Disconnected From Fundamentals

Franklin's crypto chief investment officer has argued that digital asset prices are currently disconnected from fundamentals, a market thesis reported on July 13 that raises questions about what is actually driving crypto valuations in 2026.

By Thiago Alvarez3 min readJul 13, 2026Market
Stablecoin Market Cap Down 0B Since May, Analyst Says No Panic Needed Thumbnail

Stablecoin Market Cap Down $10B Since May, Analyst Says No Panic Needed

The total stablecoin market capitalization has contracted by roughly $10 billion since May, a decline that has prompted concern among some market participants but that at least one analyst characterizes as a normal supply adjustment rather than a sign of systemic stress.

By Thiago Alvarez3 min readJul 12, 2026Market
Bitcoin Slides to 8K, XRP Hits as Onchain Data Signals Strength Thumbnail

Bitcoin Slides to $58K, XRP Hits $1 as Onchain Data Signals Strength

Bitcoin has slid to $58,000 while XRP touched the $1 mark, creating a divergent picture across the crypto market. Despite the headline price weakness, onchain indicators suggest the selloff may not reflect deeper structural damage.

By Thiago Alvarez3 min readJun 26, 2026Market