Indicator Explanation Tutorial

Blave Top Traders is an open interest analysis indicator, which refers to a dataset that tracks the top 10% of performance of eligible traders on Blave. It offers an intuitive view into how winning traders allocate their positions—highlighting the distribution of long and short exposure across tokens.

The Exposure page presents changes in the net exposure of top traders. A positive value (green bar) indicates a higher proportion of long positions, while a negative value (red bar) suggests a dominance of short positions.

The Position page displays the specific tokens currently held by top traders, including their portfolio weight distribution.

The Watchlist page tracks the tokens currently followed by Blave top traders, helping users identify which assets are continuously monitored by professional traders. It serves as a valuable reference for discovering potential high-opportunity tokens.

*Eligible traders are defined as accounts with over $1,000, and are evaluated across multiple performance dimensions, including Sharpe ratio, maximum drawdown, account balance, and duration, etc.