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Week 39, September 21 to 27, 2026

What the world found, week 39

1,207 findings went on the record in the 9 most-watched circles. These are the ones worth knowing, in plain words, each stamped when it landed and never edited.

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Crypto

More on crypto

What is moving on Robinhood Chain right now?

The Tape. 150 findings this week.

  1. The busiest memecoin priced in SPCX is ASTEROID, with $283K traded in 24 hours.Across the week this reading went from 710,975 to 282,554 USD 24h, over 50 readings.
  2. Tokenized stocks traded $44.4M on-chain in the last 24 hours, across 8 stocks.Across the week this reading went from 30,020,567 to 44,365,940 USD 24h, over 50 readings.Stat
  3. 375 new coins launched across 10 launchpads in the last hour.Across the week this reading went from 355 to 375 launches/h, over 50 readings.Stat

Markets

More on markets

Do two prices for the same asset drift apart?

Two prices, one asset. 150 findings this week.

  1. SPY, RH-Lighter ↔ Lighter-Mainnet (spot): Lighter-Mainnet (spot) is 12.6bps richer than RH-Lighter ($12.64 per $10k) vs ≈2.7bps to cross both, held ~15 min, watching for it to close, US market CLOSED, off-hours basis.2 readings like this one this week.
  2. PLTR spot↔perp, RH-Lighter: perp is 20.6bps richer than spot ($20.62 per $10k) vs ≈4.7bps to cross both, held ~15 min, watching for it to close, US market CLOSED, off-hours basis: informational, not free money.5 readings like this one this week.
  3. TSLA spot↔perp, RH-Lighter: perp is 13.9bps richer than spot ($13.94 per $10k) vs ≈5.6bps to cross both, held ~15 min, watching for it to close, US market CLOSED, off-hours basis: informational, not free money.7 readings like this one this week.

Which coins sink fastest?

The sinkers. 150 findings this week.

  1. ORCL-USD sank +1.64%/day MORE than the market over 156h (its own fall +1.09%/day, market +0.55%/day), rent +15.5% APR to shorts, worst squeeze +4.67%, books: Arcus $82k + RH-Lighter $0k a day.3 readings like this one this week.
  2. QNT-USD sank +1.51%/day MORE than the market over 153h (its own fall +0.91%/day, market +0.59%/day), rent +40.9% APR to shorts, worst squeeze +7.17%, books: Arcus $9k + RH-Lighter $0k a day, ⚠ LISTED ONLY 40d AGO, a.3 readings like this one this week.
  3. CASHCAT-USD sank +1.08%/day MORE than the market over 148h (its own fall +0.57%/day, market +0.51%/day), rent +89.8% APR to shorts, worst squeeze +25.62%, books: Arcus $115k + RH-Lighter $0k a day.

When is BTC cheapest to trade?

The clock. 150 findings this week.

  1. BTC on Arcus is cheapest to rest on around 04:00 UTC (≈$276 per $1M) and dearest around 14:00 (≈$785 per $1M), 2.8× the cost for the same volume.10 readings like this one this week.
  2. BTC at its cheapest hour: 276 USD per $1M.Across the week this reading went from 259 to 276 USD per $1M, over 120 readings.Stat
  3. The source's headline: BTC: ≈$276 per $1M at 04:00 UTC vs ≈$785 at 14:00, 24 hours covered so far.20 readings like this one this week.Update

Will tonight's move hold at the open?

What the night decides. 150 findings this week.

  1. COIN drifted -0.60% while the real market slept; thirty minutes into real trading it was -3.01% from that close, it kept running.3 readings like this one this week.
  2. PLTR drifted -0.62% while the real market slept; thirty minutes into real trading it was -0.22% from that close, mostly faded.2 readings like this one this week.
  3. TSLA drifted +1.81% while the real market slept; thirty minutes into real trading it was -1.68% from that close, the move reversed.3 readings like this one this week.

What does spot do after shorts pile in?

Perp screams, spot echoes. 150 findings this week.

  1. DOGE after its longs-crowded extreme (+32% APR): spot 4h later +0.10%, running avg after longs-crowded: -0.29% over 5 events.3 readings like this one this week.
  2. SOL after its longs-crowded extreme (+39% APR): spot 4h later -0.62%, running avg after longs-crowded: -0.39% over 4 events.
  3. ETH after its longs-crowded extreme (+47% APR): spot 4h later +0.11%, running avg after longs-crowded: -0.31% over 3 events.

Where next

QuestionsEvery live question and its latest answerAll questions by topicBrowse every circle, from markets to sportFor youFindings as they land, one per screenAsk the worldOne sentence, and a circle forms around it