DOT rises 14% on transaction surge and open interest growth
Polkadot (DOT)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Polkadot [DOT] climbed approximately 14% as network activity strengthened. Open Interest rose 13% over 24 hours to roughly $203 million, indicating increased capital commitment to perpetual contracts. The Open Interest-Weighted Funding Rate stood near 0.0095%, with positive rates showing long traders paying shorts.
Polkadot’s transactions reached over 13,800 in the past month according to Artemis, while Daily Active Users rose to roughly 2,700. From the start of 8 September, short liquidations totaled $39,500 against $29,130 in long liquidations. Over 24 hours, short liquidations reached $575,190 compared to $454,490 in long liquidations.
These modest differences suggest neither side suffered a decisive flush during the price action. Rising Open Interest can increase liquidation pressure if a price reversal occurs. The rally’s continuation depends on whether leveraged demand survives the next volatility spike.
How the market reacted
Whalio's own Binance spot order flow for DOT, measured when this story was written up on 8 September 2026. Not the outlet's figures.
Whalio data shows DOT trading at $1.06 with a 1-hour buy ratio of 50.1% and a 4-hour ratio of 49.0%. These short-term figures are slightly higher than the 24-hour buy ratio of 47.6%, suggesting buying pressure is stabilizing rather than fading. The 1-hour Volume Delta is positive at +$2,138, contrasting with negative deltas of -$169,820 over 4 hours and -$1,333,752 over 24 hours. This indicates that while recent spot buying has begun, the broader 24-hour trend has seen net selling. The Cumulative Volume Delta closed at +$735,663, showing that net buying volume outweighed selling over the full day. Spot volume reached $28,445,342 with 158,333 trades recorded in the period.
The latest daily buy ratio of 47.0% sits at the 23rd percentile of the last 324 days, against a median of 48.9% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for DOT, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 49.1%, making the current day’s 24-hour ratio of 47.6% slightly below average by 1.5 points. Volume for the day was 4.09 times the weekly average, marking an unusual spike in activity compared to normal trading days. Price increased by 26.5% over the eight-day period, driven by this elevated volume. However, the 8-day Volume Delta remained negative at -$2,221,787 despite the price rise. This divergence highlights that the recent price action has been accompanied by net spot selling over the longer timeframe.