#market data

Binance’s reported movers show sharp gains alongside persistent losses. A measured look at price dispersion, volume and the limits of the rotation signal.

What Hyperliquid’s reported seven-day PnL, ROI and current account values establish—and why they cannot verify starting capital or trading skill.

How to read Hyperliquid’s reported weekly PnL, ROI and current account value—and what its public leaderboard cannot establish.

All eight tracked Formion strategies posted sub-50% win rates in the latest roll-up. What the numbers show, what they don't, and the tape behind them.