Why is Zama up 8.3% today?
Price chart
Only 2 hours of samples so far, one every 5 minutes.
What may be driving the move
No clear cause yet. The news and market data checked so far describe the move but do not explain it. Sources are re-checked about every 30 minutes, and this section updates when something new turns up.
Weaker possibilities: Open interest rose over the measured 24 hours, buyer-initiated volume share was modestly higher than in the previous 24 hours, and settled funding shifted from negative at Oct 27, 08:00 UTC to positive by Oct 28, 04:00 UTC. (OKX perpetual swap: settled funding, OKX perpetual swap: open interest, OKX perpetual swap: taker buy/sell volume)
What was checked
No clear initiating event is established. Derivatives positioning may have amplified the rise, but the evidence does not show what started it.
What prompted the move, and did derivatives positioning materially contribute?
Looked at the 24 hours to Oct 28, 2026, 07:04 UTC
Market snapshot
- Versus Bitcoin
- +10.28% / BTC +1.52%
- Other tracked coins
- 11 of 30 others also rose 3.4% or more3 fell that much
Figures run to Oct 28, 2026, 07:00 UTC (OKX · USDT). Methods →
Other notable moves today
- Zcash (ZEC) +7.10% · Mixed
- Hyperliquid (HYPE) +3.97% · Market-wide