Top Tokens is the perfect feature if you want to quickly identify where Smart Traders are focusing their capital in the Perps market.

How to use this feature?

To start, click here (Top Tokens) or go to ‘Perps’ → ‘Top Tokens’.

Here you can see tokens that have the most open interest by Smart Traders.

Each row represents a token with high activity from Smart Traders. It helps you:

• Spot tokens with the highest Open Interest
• Understand market positioning (Long vs Short)
• Track profitability (UPNL) of current positions
• Evaluate market sentiment (Bias)
• See how aggressively traders are using leverage
• And you can click to filter ‘cohort’ to see how each cohort is involved in this token

Finally, if you want more detailed analysis (e.g. Bias trend, Liquidation Map, or specific Smart Traders positioning) ⇒ Simply click on the token name.

You’ll need: