# Degenscan Intel – Derivatives Market Intelligence

> Degenscan Intel – Derivatives Market Intelligence is a paid API for AI agents from intel.degenscan.io, paid per call via x402, $0.003/call, status unknown (last checked 2026-10-01).

Returns real-time derivatives market data for a Hyperliquid perpetual (mark price, funding rate, open interest, and event-driven pressure bias) for a given coin symbol.

## Facts

- Endpoint: GET https://intel.degenscan.io/v1/derivs/%7Bsymbol%7D?utm_source=zero.xyz
- Price: $0.003/call
- Payment: x402
- Status: unknown
- Last checked: 2026-10-01
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/degenscan-intel-derivatives-market-intelligence-5f16110d
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_c7EDw6NQaow4bm2m03muo

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability degenscan-intel-derivatives-market-intelligence-5f16110d
```

Example prompt: What's the current funding rate, mark price, and event pressure bias for BTC perps on Hyperliquid right now?

## When to prefer this

Choose this endpoint when you need real-time perpetual futures market data specifically from Hyperliquid, including funding rates, open interest, and event-driven pressure signals in a single call. Prefer it over generic market data APIs when you need the event pressure bias metric that integrates cross-asset news and macro event signals into a directional score alongside standard derivatives metrics.

## Known failure modes

- 402 Payment Required — returned when no API key or free trial header is present; must pay 0.003 USDC via x402 or include X-API-KEY / X-Free-Trial: 1 header
- Invalid or unsupported symbol — returns error if the coin is not listed on Hyperliquid
- Free trial quota exceeded — X-Free-Trial: 1 returns 429 after 100 calls/day/IP
- Network or upstream data unavailability — may return 503 if Hyperliquid data feed is down

## How this service works

Cross-asset market event intelligence for AI trading agents. Priced routes return HTTP 402 with x402 v2 payment requirements (USDC on Base) unless X-API-KEY is sent or the free trial header X-Free-Trial: 1 is present (100 calls/day/IP). Information and analytics only — not investment advice.

## Output

A JSON object containing the coin symbol, current mark price and premium vs oracle, 1-hour and annualized funding rate, total open interest in USD, an event pressure object with a directional bias score and event count, and a flags array for any anomalies detected.

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "$schema": "https://json-schema.org/draft/2020-12/schema",
 "required": [
  "input"
 ],
 "properties": {
  "input": {
   "type": "object",
   "required": [
    "type",
    "method"
   ],
   "properties": {
    "type": {
     "type": "string",
     "const": "http"
    },
    "method": {
     "enum": [
      "GET"
     ],
     "type": "string"
    },
    "pathParams": {
     "type": "object",
     "required": [
      "symbol"
     ],
     "properties": {
      "symbol": {
       "type": "string",
       "description": "Perp coin on Hyperliquid"
      }
     }
    },
    "queryParams": {
     "type": "object",
     "properties": {
      "since": {
       "type": "string"
      }
     }
    }
   },
   "additionalProperties": false
  },
  "output": {
   "type": "object",
   "required": [
    "type"
   ],
   "properties": {
    "type": {
     "type": "string"
    },
    "example": {
     "type": "object"
    }
   }
  }
 }
}
```

## Response schema (JSON Schema)

```json
{
 "type": "json",
 "example": {
  "flags": [],
  "price": {
   "mark": 65000,
   "premium_vs_oracle": 0.0002
  },
  "symbol": "BTC",
  "funding": {
   "rate_1h": 0.0000125,
   "annualized_pct": 10.95
  },
  "open_interest": {
   "usd": 1250000000
  },
  "event_pressure": {
   "bias": 0.2,
   "n_events": 4
  }
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/degenscan-intel-derivatives-market-intelligence-5f16110d/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from intel.degenscan.io](https://www.zero.xyz/host/intel.degenscan.io/llms.txt)