Hyperliquid (HYPE) Liquidation Heatmap

– 24h · HYPE perp price

Live · updated –

Short liquidations above $32.3M Largest $82.92 · +4.0% Long liquidations below $27.3M Largest $75.06 · −5.9% Liquidated (24h) – Open interest – in 24h Long / short ratio (24h) – of accounts long

Hyperliquid HYPE/USD liquidation heatmap

Estimated liquidation levels · 24H, 5m candles

Estimated liquidations if HYPE moves

−5% $75.78$9.0M

−3% $77.38$2.1M

−2% $78.18$0

−1% $78.97$0

+1% $80.57$0

+2% $81.37$0

+3% $82.16$0

+5% $83.76$6.9M

Hyperliquid (HYPE) liquidations history

Daily longs (up) and shorts (down) on every tracked exchange

Hyperliquid (HYPE) liquidation levels right now

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How to read the HYPE heatmap

Bands: each band is a HYPE price where leveraged positions are estimated to be liquidated. Brighter bands hold more.
Above and below the price: bands above price are short liquidations, bands below are long liquidations.
Liquidation profile: the right-hand bars show the levels still open now on the selected exchange.
Timeframes: HYPE's heatmap opens on Hyperliquid because that is where most of its leverage lives. Switch to Binance or Bybit to compare.

Where HYPE leverage sits

HYPE is the only coin on Coinperps where a decentralised exchange holds most of the leverage. Hyperliquid carried about 52% of all HYPE perpetual open interest in October 2026, five times Binance's share. That is why this page opens on the Hyperliquid view: it describes most of the market on its own, and together with Binance and Bybit the heatmap covers about 70% of HYPE open interest, the highest coverage of any coin here.

HYPE is also heavily leveraged for its size, with open interest around 15% of its market cap, and its liquidations over the 90 days to October 2026 leaned long, at about 60%. Because Hyperliquid's own activity and token buybacks feed HYPE's price, exchange volume and fee data can matter as much as broader market moves.

How traders use HYPE liquidation levels

Venue comparison: clusters that appear on Hyperliquid but not on Binance or Bybit come from on-chain traders. When the venues disagree, Hyperliquid's map usually carries more weight.
Long flushes: with liquidations leaning long, the bands below price are the ones most often cleared in sell-offs.
Cascade risk: leverage at about 15% of market cap means a sharp move can run through several clusters. Watch the move table before adding size.

Hyperliquid (HYPE) liquidation heatmap FAQ

Live answers use the Hyperliquid HYPE heatmap (24H) · updated –

Where are the biggest Hyperliquid (HYPE) liquidation levels right now?

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How much HYPE would be liquidated if the price falls 5%?

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How much HYPE would be liquidated if the price rises 5%?

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How much HYPE was liquidated in the last 24 hours?

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Why does the HYPE heatmap start on Hyperliquid?

Because most HYPE leverage is there. Hyperliquid held about 52% of HYPE perpetual open interest in October 2026, against about 11% on Binance and 8% on Bybit. You can switch venues above the chart.

How much of the HYPE market does the heatmap cover?

About 70% of HYPE perpetual open interest, the highest coverage of any coin on Coinperps, because Hyperliquid, Binance and Bybit are the three largest HYPE venues apart from Gate.

What is a Hyperliquid (HYPE) liquidation heatmap?

A Hyperliquid (HYPE) liquidation heatmap shows the price levels where leveraged HYPE perpetual futures positions are estimated to be liquidated. Bright bands mark large clusters of liquidation levels. Bands above the price are short liquidations and bands below are long liquidations.

What is the difference between a liquidation heatmap and a liquidation map?

A liquidation heatmap shows how estimated liquidation levels build up and get cleared over time, with price candles on top. A liquidation map is a single snapshot of the levels that are still open, by price. This page shows both: the heatmap, and the liquidation profile on its right edge.

How accurate is the Hyperliquid (HYPE) liquidation heatmap?

It is an estimate. Exchanges do not publish each position's liquidation price, so the levels are modelled from exchange data. Cluster locations are more reliable than cluster sizes, which depend on the model and differ between data providers. The heatmap does not see low-leverage positions, hidden orders or spot, options and ETF flows, and in fast markets it can lag a few minutes behind price.

Why does price move toward liquidation clusters?

Each liquidation is a forced market order. When price reaches a large cluster, the exchange closes those positions at market, which pushes price further in the same direction and can trigger the next cluster. Large traders know where this liquidity sits, which is why clusters often act as magnets for wicks and stop hunts.

Which timeframe should I use?

The 12H and 24H views show the levels built by recent intraday positions and suit short-term trading. The 7D and 30D views show older clusters that have survived several sessions, which tend to matter more for swing trades. Clusters that stay bright across several timeframes are the most significant.

Can the Hyperliquid (HYPE) liquidation heatmap predict price?

No. It shows where forced buying or selling would start, not whether price will get there. Combine it with funding rates, open interest and the long/short ratio. Coinperps does not give trading advice.