Where does Sezga get its data and how often does it update?

Sezga takes price, funding and liquidation data from Binance, stablecoin supply from DefiLlama, probabilities for the next Fed decision from Polymarket, exchange rates from the Central Bank of the Republic of Türkiye and the European Central Bank, and whale positions from Hyperliquid. Update frequency depends on the data: prices and funding rates arrive via live streams within seconds, Binance announcements are refreshed every 30 seconds and whale positions every 2 minutes.

How far you can trust a number on a terminal depends on where it comes from and how fresh it is. This article goes through the data sources one by one, how each is refreshed and what their known limits are.

Live and frequently refreshed data

The following data is read either from live streams or at fixed intervals:

Hyperliquid is a futures exchange whose positions are publicly visible on-chain. Every hour, roughly 60 of the most profitable large accounts are selected from its leaderboard, and their open positions are read every 2 minutes. When a position of $2 million or more is opened, closed or changed significantly, it is recorded as an event.

Some derivatives data is tracked without appearing in the table: open interest and its 24-hour change, and long/short ratios, shown separately for all accounts and for top traders. If BTC or ETH open interest changes by 6% or more within one hour, an event is recorded.

One point to keep in mind: prices on the terminal are Binance spot prices. The same pair can trade at slightly different prices on other exchanges. That does not mean the data is wrong; it means the source is different.

Slower-moving data

Some data does not change second by second by its nature; for these, the meaningful unit is the day or the week:

• Stablecoin supply (DefiLlama): Total stablecoin supply and the daily and weekly change in USDT and USDC. If USDT or USDC supply changes by $1 billion or more within 24 hours, an event is recorded.
• Fed data: The Fed's rate range, the FOMC meeting calendar and countdown, and the Fed's official monetary policy, speech and announcement feeds.
• Prediction market (Polymarket): Probabilities for the next Fed decision. A prediction market is a market where people trade on the outcome of a future event; its probabilities reflect participants' expectations, not certainty.
• Exchange rates: Data from the Central Bank of the Republic of Türkiye and the European Central Bank, including the US dollar to Turkish lira rate.
• Other indicators: A weekly economic calendar, the Fear and Greed Index, total crypto market capitalization and BTC dominance.

News and announcement sources

The news feed draws on three groups of sources: international English-language crypto news sources, Turkish crypto news sources and the Fed's official feeds. Chinese and Japanese flash news feeds are also collected, but because their headlines are not translated, those items appear only when the language filter is turned on.

There are two sources for exchange announcements. Binance announcements are read every 30 seconds, picking up items such as new listings, delistings, airdrops and monitoring or seed tags. Announcements from Upbit, a South Korean exchange, are tracked as well: Korean headlines are read using known patterns and turned into understandable headlines.

What is derived from the collected data

Some data is not taken from outside but produced from what has been collected:

• Event memory: The price of the related pair is measured and stored 5 minutes, 1 hour and 24 hours after each event. If no price can be found, the result is recorded as "could not be measured".
• Forecast log: Every day at 09:00 (Türkiye time), 24-hour direction entries for BTC, ETH and SOL are recorded using five rule-based methods and scored automatically when they expire.
• Virtual trading account: The account value is recorded every 15 minutes and charted.

Limits and source health

Every data source has limits, and Sezga does not hide them:

• The liquidation stream can be incomplete. Binance sends at most one order per symbol per second in this stream. If several liquidations happen on the same symbol within the same second, not all of them reach the stream, so the real total can be higher than what is shown.
• Two timestamps are kept. The time an event was published and the time Sezga saw it are recorded separately. A story may have been published late or read late; the gap between the two stays visible.
• Source health is shown openly. For every data source, the last successful update, the last error and the number of jobs produced are visible. If a source stops, it is not shown as "working"; it is flagged as having a problem. For data whose refresh rate is not listed here, this is the most reliable measure of freshness.

Frequently asked questions

Which exchange does Sezga get its prices from?

Live prices come from USDT pairs on the Binance spot market and update within seconds. Funding rate, mark price and liquidations are taken from the Binance futures market.

Is Sezga's data real-time?

Prices, funding rates and liquidations arrive via live streams. Other data is read at fixed intervals; for example, Binance announcements are refreshed every 30 seconds and whale positions every 2 minutes.

Does Sezga show when a data source stops working?

Yes. Each source's last successful update, last error and number of jobs produced are visible; a source that has stopped is not displayed as "working" but flagged as having a problem.

Key takeaways

• Spot prices, funding rate, mark price and liquidations come from Binance via live streams.
• Stablecoin supply comes from DefiLlama, Fed probabilities from Polymarket, exchange rates from the Turkish central bank and the European Central Bank, and whale positions from Hyperliquid.
• The sudden move scan runs roughly every 15 seconds, Binance announcements are refreshed every 30 seconds and whale positions every 2 minutes.
• Event memory, the forecast log and the virtual account value are produced from the collected data.
• Liquidation totals are a lower bound, and sources that stop are flagged as having a problem.