EIGEN jumps 23% as protocol losses narrow to negative $2.05 million

Eigen Cloud (EIGEN) rose 23% over the past day as positioning in perpetual futures leaned bullish. Net long volume reached $287 million and the funding rate stayed positive at 0.0066% in the same period. Open interest climbed to roughly $58 million, with close to 86%—about $49 million—allocated to long positions. At the protocol level, earnings fell to negative $2.05 million, one of the lowest readings in Q2 2026.