According to @ai_9684xtpa, OKX opened SLERF deposits and the SLERF spot price rapidly dropped from 0.23 to 0.07982, aligning with on-chain pricing, while Binance SLERF perpetuals fell to 0.07856 (source: @ai_9684xtpa on X, Oct 18, 2025). According to @ai_9684xtpa, Binance had not moved at the time of the post, and the immediate price convergence indicates the CEX-on-chain basis collapsed and the short-lived arbitrage window effectively closed for momentum traders (source: @ai_9684xtpa on X, Oct 18, 2025).

According to @ai_9684xtpa, the prior $SLERF analysis used the OKX spot SLERF trading pair as the price source, confirming the methodology remains valid; source: https://x.com/ai_9684xtpa/status/1979427299566252472. The author also provided Binance Futures Perpetual Funding History for traders to verify funding rates and timestamps when reviewing $SLERF-related derivatives; source: https://www.binance.com/zh-CN/futures/funding-history/perpetual/index. Traders replicating the approach should align their $SLERF funding assessments with the referenced OKX spot feed to ensure consistency with the author’s inputs; source: https://x.com/ai_9684xtpa/status/1979427299566252472.

According to @ai_9684xtpa, $SLERF displayed a 4.6x spread with Binance perps peaking at $0.43, OKX spot at $0.39, and on-chain pricing near $0.09167, flagging extreme basis and index divergence risk, source: @ai_9684xtpa on X (Oct 18, 2025). The author reports SLERF is undergoing a contract swap, prompting multiple exchanges to pause spot trading, leaving Binance perps to reference OKX spot primarily, source: @ai_9684xtpa. With OKX deposits for SLERF paused, spot liquidity became a shallow pool easier to move, while on-chain depth stayed heavy, explaining the price gap, source: @ai_9684xtpa. The author warns that if Binance revises its index to include on-chain pricing, the perp price could drop sharply, and this setup differs from prior cases like “羊驼/MYX,” source: @ai_9684xtpa. Trading takeaway: monitor Binance index constituents and OKX deposit status, and be cautious with high-premium longs due to potential swift index-driven repricing, source: @ai_9684xtpa.

According to Lookonchain, the top 10 MEME coins with the highest liquidity on decentralized exchanges (DEX) are SLERF ($46M), BOME ($37M), PEPE ($36M), MEW ($30M), FLOKI ($29M), WIF ($21M), BabyDoge ($17M), WHY ($16M), POPCAT ($15M), and CAT ($14M). This information is crucial for traders looking to invest in high-liquidity MEME coins as it indicates the ease of buying and selling these tokens.