Digital assets.
Crypto seen twice: on the trading venues and on the chains beneath them.
Reading…
Power your idea with Panbiota → · Open the instrument · Intelligence, not advice.
What it answers.
- Is this sell-off being driven by liquidations, and is it spreading from one venue to the next?
- When funding turns negative while open interest still rises, does a short squeeze really tend to follow?
- If Bitcoin fell 15 per cent within an hour tonight, how much forced selling would follow, and at what prices would it reach our book?
- The won premium on Bitcoin now beats the cost of moving coins and money between markets: how long is it likely to last?
- Before we send this transfer, is the chain running normally and is the receiving wallet on the US sanctions list?
- Has any venue where we hold coins paused deposits or put a warning on one of them today?
Who uses it.
Crypto trading desks
Real buying or forced closes on borrowed money? Funding, open interest and liquidations across venues tell them apart while the move is young.
Crypto funds and asset managers
Add or cut? Where demand comes from: a local premium in Seoul, or a run of new dollar stablecoins.
Risk desks at brokers and exchanges
How much each client may borrow per coin. Borrowing piling onto one side at rival venues, and forced selling spreading, before it arrives.
Corporate treasurers and payment firms
Before each stablecoin transfer: is the chain normal, the fee enough, the receiving venue still taking deposits?
Compliance officers at exchanges, banks and payment firms
New addresses on the US sanctions list: which customer transfers touched them, and when you acted. Matched against your customers' wallets.
What we model, test and run.
Crowded long into a funding settlement
High funding on most large venues, open interest outrunning price, the won premium widening, settlement hours away. What it has meant before for price, forced closes and funding, and what it likely means now.
One coin, two venues
Bitcoin in won in Seoul against the global price, or one perpetual paying different funding on two venues. Flagged when the gap beats fees, network costs, conversion and capital rules.
Negative funding while open interest still rises
Negative funding on two large venues while open interest rises: how often a short squeeze follows, and how fast.
Forced-selling stress run
A sudden fall, a stablecoin off its peg or a repeat of the worst crash on record, on today's open interest and your positions. Out: forced selling, where it hits your book, margin calls.
Execution engine for spot and perpetual markets
Works orders across every venue, on-chain and off. Tops up collateral before a margin call, stands aside when withdrawals pause or a chain stalls. Runs in your systems, on your rules.
What we build for you.
Funding and open-interest scanner
Each coin, venue by venue: funding rate against the change in open interest. Flags a venue breaking from the rest, or negative funding on a crowded long.
Liquidation cascade alert
Forced closes on each large venue, set against the price move. Fires when one wave sets off the next: coin, side, venues it reaches.
Listing path tester
Every listing notice tracked from publication to first trade and the weeks after, on every venue. Shows whether the rise-then-fade pattern truly holds.
Stablecoin issuance tester
Dollar and euro stablecoins created and destroyed, beside each issuer's stated supply. Shows whether big creations truly lead more trading.
Pre-broadcast transfer check
Before broadcast: the receiving wallet against the US sanctions list, the fee against the next block, chain and bridge delays. Any failure holds the transfer for review.
Delivered to you.
Morning stress reading
Lands before your day in London, New York or Singapore. Overnight funding, open interest, liquidations, local premiums and stablecoin issuance, coin by coin.
Holdings watch
An assistant in your team chat watching your coins: listings, delistings, paused deposits or withdrawals, warnings. Names the venue that moved first.
Valuation price reports
A documented price for any chosen minute, such as quarter-end, with every venue's figure side by side and outliers marked.
Risk streams for licensed operators
For licensed brokers and exchanges: funding, open interest and liquidations in your risk systems, alert levels at your limits. A nightly stress run, labelled a simulation.
We build the intelligence.