> ## Documentation Index
> Fetch the complete documentation index at: https://docs.hiveintelligence.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Market intelligence

> Build a full picture of an asset: spot, liquidity, derivatives, and where it trades.

A price on its own is thin. What you usually want is whether that price is real: how deep the
book is, where it trades, and what the derivatives market thinks.

## Ask

> Give me a full market picture for SOL: spot price, where it trades, order book depth, and
> current funding rates across venues. Cite each source.

## What to pull

| Question                        | Where it comes from                                                                     |
| ------------------------------- | --------------------------------------------------------------------------------------- |
| What is it worth?               | Spot price across aggregated sources                                                    |
| Is that price trustworthy?      | Cross-venue comparison, plus the `provider` and `fetched_at` that every receipt carries |
| Can I trade size?               | Order book depth and pool liquidity                                                     |
| What do derivatives say?        | Funding rates, open interest, basis                                                     |
| Where does volume actually sit? | Exchange-level volume breakdown                                                         |

## Funding rates across venues

Hive aggregates funding across 33 CEX and DEX venues, with history back to November 2023.
That matters because a single venue's funding rate tells you about that venue, not the market.

Venues also settle funding on different intervals. Every archive funding row carries the venue,
the settled rate and `interval_hours`, plus a `funding_annualized` derived from that row's own
interval, so you can line up an 8-hour settlement against a 1-hour one instead of averaging
incompatible numbers.

## Watch for

**Stale prices on thin assets.** A token that has not traded in hours still returns its last
price. `fetched_at` tells you how old that is.

**Delisted assets.** `is_delisted` marks assets no longer actively traded. Without checking
it, an agent reports a price for something you cannot buy.

**Suspect prices.** On tokenized real-world-asset perps, `is_price_suspect` flags a mark more
than 2% off the cross-venue median when at least three venues quote the same underlying. Below
that, the row carries `price_suspect_basis: "insufficient_venues"` instead. For crypto spot,
compare venues yourself and read `runtime_status`, `source` and `origin_source` on the receipt.
