The sinkers

markets on tape: 64 · thin across venues (<$250k): 24 · the market itself: -0.16%/day · FARTCOIN-USD excess short-carry: +1.95%/day · PONS-USD excess short-carry: +1.76%/day · W-USD excess short-carry: +1.55%/day · worst 24h squeeze (top pick): +7.34% · top pick listed: 425d ago · young listings in the top 3: 2. Question: Which perps fall FASTER than the market — and do shorts get paid rent while they sink? PRICE BEHAVIOUR ONLY: a thin perp book means its traders are elsewhere (spot, on-chain), NOT that a project is abandoned — and a young listing has its catalysts still ahead, which is how shorts get squeezed. Status on the floor: live. Source: research:liveStudies on blessed-cat-541.convex.cloud.

Copied from the headline on blessed-cat-541.convex.cloud: "FARTCOIN-USD sank +1.92%/day MORE than the market (market -0.17%/day) · rent to shorts +0.02%/day · worst 24h squeeze +7.34% · listed 425d ago". Source: research:liveStudies, study s1-unloved-short.

Copied from the headline on blessed-cat-541.convex.cloud: "FARTCOIN-USD sank +1.88%/day MORE than the market (market -0.16%/day) · rent to shorts +0.02%/day · worst 24h squeeze +7.34% · listed 425d ago". Source: research:liveStudies, study s1-unloved-short.

markets on tape: 64 · thin across venues (<$250k): 23 · the market itself: -0.16%/day · FARTCOIN-USD excess short-carry: +1.90%/day · PONS-USD excess short-carry: +1.86%/day · W-USD excess short-carry: +1.45%/day · worst 24h squeeze (top pick): +7.34% · top pick listed: 425d ago · young listings in the top 3: 2. Question: Which perps fall FASTER than the market — and do shorts get paid rent while they sink? PRICE BEHAVIOUR ONLY: a thin perp book means its traders are elsewhere (spot, on-chain), NOT that a project is abandoned — and a young listing has its catalysts still ahead, which is how shorts get squeezed. Status on the floor: live. Source: research:liveStudies on blessed-cat-541.convex.cloud.

Copied from the headline on blessed-cat-541.convex.cloud: "PONS-USD sank +1.92%/day MORE than the market (market -0.14%/day) · rent to shorts +0.01%/day · worst 24h squeeze +9.94% · listed 27d ago". Source: research:liveStudies, study s1-unloved-short.