Aggregated funding on SOL perpetual futures has climbed to its highest level since September 2025, according to Velo data. Solana's futures open interest sits near $1. 8 billion, equal to roughly 23.

Source: [CryptoSlate](https://cryptoslate.com/a-1-8-billion-leverage-trap-is-building-on-solana-as-traders-pay-11-month-high-rates-to-defend-78/)

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