How Do Crypto Derivatives Market Signals Reveal Future Price Trends With Funding Rates and Liquidation Data?

Futures Open Interest Surges to $20 Billion: Market Participation and Leverage Activity Accelerate

API3期货市场在2025年经历了显著的增长，未平仓头寸已达到200亿美元，这一里程碑反映了市场参与者对该资产的浓厚兴趣。这一增长主要源于两个核心驱动因素的相互作用。

首先，市场参与度的增加体现在交易量的大幅上升上。数据显示API3在24小时内的交易量达到939633.16美元，而其日均波动范围在0.3999至0.5005美元之间，表明活跃交易者不断进入市场。这种参与度的提升吸引了更多机构和零售投资者通过期货合约进行风险对冲和投机活动。

其次，杠杆活动的加速推动了未平仓头寸的增长。市场参与者利用杠杆工具放大其投资收益潜力，虽然API3在过去一年下跌73.42%，但近期9.06%的24小时涨幅表明市场情绪出现反转迹象。这种价格波动性增强了交易机会，进一步激励投资者增加杠杆头寸。然而，高杠杆活动伴随更高的风险敞口，市场参与者需谨慎管理头寸规模。

Funding Rates Turn Positive Across Major Exchanges: Bullish Sentiment Signals Potential Price Rally

API3 demonstrated remarkable positive funding rates across major trading platforms throughout 2025, with data indicating that over 92 percent of Q3 maintained positive rates even when contracts traded at slight discounts. This extended period of positive funding rates reflects strong bullish sentiment among market participants willing to pay premiums for long positions, signaling confidence in the asset's direction.

Positive funding rates function as a key indicator of market psychology, demonstrating that traders holding long positions are actively paying short traders to maintain their bullish exposure. When this phenomenon persists across extended periods, it typically precedes price appreciation as the accumulated long leverage creates upward price pressure. The consistency of API3's positive funding rates throughout multiple quarters suggests sustained institutional and retail investor conviction.

Technical analysis reinforces this sentiment. API3 exhibited strong bullish crossover patterns during August 2025, accompanied by significant volatility surge that amplified price movements. The market environment showed clear momentum indicators favoring upward price action during these periods.

Price predictions incorporate this bullish foundation, with forecasts projecting API3 could reach $1.3549 by 2027, representing a 10.25 percent growth rate from baseline models. For 2028, projections estimate $1.4227 with accelerating 15.76 percent growth. Current technical positioning around the $0.4436 level, combined with positive funding rate structures, suggests the market foundation remains supportive for rallies toward significant resistance levels established during earlier price action.

Put-Call Ratio Drops to 0.8 While Liquidations Fall 30% Weekly: Traders Reduce Risk Exposure and Position for Upside

API3 Put-Call Ratio的下降至0.8标志着市场情绪的显著转变。该比率衡量看跌期权与看涨期权的相对交易量，数值低于1.0表明交易者对上升的信心超过对下跌的担忧。这种比率反转通常预示着投资者心理从悲观转向乐观。同时，周度清算量环比下降30%进一步印证了这一趋势的合理性。

清算量的下降说明交易者正在有意识地减少过度杠杆头寸。这种风险规模的收缩为市场参与者创造了更健康的交易环境。当清算压力减轻时，价格走势更容易受基本面驱动，而非被强制平仓所扭曲。

结合这两个关键信号，市场正在经历一个重要的转折点。交易者不仅调整了对价格方向的预期，还在积极管理其头寸规模。这种双重转变表明，经过充分的风险调整后，市场参与者正在为潜在的上升行情做准备。

FAQ

What is API3 coin?

API3 is the native token of the API3 project, enabling decentralized APIs to be built, managed, and monetized at scale for Web3 applications.

What is API3 used for?

API3 is used for staking, governance, and fee-sharing within the API3 network. Token holders can stake API3 to earn rewards while participating in DAO governance decisions for the decentralized oracle ecosystem.

Why is API3 pumping?

API3 is pumping due to its decentralized Oracle solution that eliminates costly middleware, enabling API providers to operate independent nodes. Strong market momentum and increased trading volume reflect growing adoption of its innovative infrastructure.

Does API3 have a future?

Yes, API3 has strong future potential. Analysts predict it could trade between $8–$15 by 2030, with recognition as an innovative oracle solution. Long-term growth prospects remain promising for the project.