Hyperliquid NEAR/USD liquidation heatmap

Estimated liquidation levels · 24H, 5m candles

Estimated liquidations if NEAR moves

−5% $3.522$2.2M
−3% $3.596$356K
−2% $3.633$0
−1% $3.670$0
+1% $3.745$0
+2% $3.782$0
+3% $3.819$0
+5% $3.893$945K

NEAR liquidations history

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

NEAR liquidation levels right now

With NEAR at $3.708, the Hyperliquid 24H heatmap shows $6.0M of estimated short liquidations above the price and $5.4M of long liquidations below it. The largest short cluster sits at $3.986 ($452K, +7.5%), then $3.920 ($370K, +5.7%). The largest long cluster is at $3.548 ($296K, −4.3%), then $3.486 ($291K, −6.0%). A 5% drop to $3.522 would run through about $2.2M of long liquidations; a 5% rise to $3.893 would hit about $945K of shorts.

How to read the NEAR heatmap

  • Bands: each band is a NEAR price where leveraged positions would be force-closed. Brighter means more dollars of positions at that price.
  • Above and below the price: bands above price are shorts that would be squeezed on a rally; bands below are longs that would be flushed on a drop.
  • Liquidation profile: the right-hand bars show the open levels right now, which on NEAR often sit far apart because the price moves so much.
  • Timeframes: NEAR is the most volatile coin here, so even the 24H view can span a wide price range. Use 7D and 30D to see what has lasted.

Where NEAR leverage sits

NEAR is the most leveraged coin on Coinperps relative to its size. In October 2026 its perpetual open interest was about 23% of its market cap, the highest ratio of the 13 heatmaps, and its 30-day volatility was above 150% a year. That combination makes its clusters unusually important: there is a lot of leverage, and price reaches it often.

Hyperliquid was the largest NEAR venue, with about 24% of open interest, ahead of Binance at about 19% and Bybit at 12%, so this page opens on the Hyperliquid view. Together the three cover just over half of NEAR open interest. About two thirds of the NEAR positions liquidated in the 90 days to October 2026 were longs.

How traders use NEAR liquidation levels

  • Leverage gauge: with open interest near a quarter of market cap, a bright NEAR cluster represents a meaningful slice of the whole market. Treat large ones as likely turning points.
  • Wide stops: at NEAR's volatility, levels 5% away are close. The move table's ±5% cells are the ones to read here.
  • Long flushes: liquidations have leaned long, so sell-offs tend to run further than rallies once they reach the bands below price.

NEAR liquidation heatmap FAQ

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

Where are the biggest NEAR liquidation levels right now?

On the Hyperliquid 24H heatmap, the biggest short liquidation level above NEAR is $3.986 ($452K, +7.5%) and the biggest long liquidation level below it is $3.548 ($296K, −4.3%). NEAR was trading at $3.708. See the key levels table for the rest.

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

About $2.2M of estimated long liquidations sit between $3.708 and $3.522. A 1% drop would trigger about $0, 2% about $0 and 3% about $356K. These are Hyperliquid estimates; the market-wide total is larger.

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

About $945K of estimated short liquidations sit between $3.708 and $3.893. A 1% rise would trigger about $0, 2% about $0 and 3% about $0. These are Hyperliquid estimates; the market-wide total is larger.

How much NEAR was liquidated in the last 24 hours?

$1.8M of NEAR positions were liquidated across tracked exchanges in the last 24 hours: $1.1M longs and $785K shorts. The past hour saw $78. Live events are on the liquidations page.

Why is NEAR so exposed to liquidations?

NEAR carries a lot of leverage for its size and moves fast. In October 2026 its perpetual open interest was about 23% of its market cap, the highest ratio of any coin with a Coinperps heatmap, and its 30-day volatility was above 150% a year.

Which exchange has the most NEAR leverage?

Hyperliquid, with about 24% of NEAR perpetual open interest in October 2026, ahead of Binance at about 19% and Bybit at about 12%. This page opens on the Hyperliquid view for that reason.

What is a NEAR liquidation heatmap?

A NEAR liquidation heatmap shows the price levels where leveraged NEAR 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 NEAR 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 NEAR 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.

More liquidation heatmaps

Liquidation levels are estimates modelled from exchange data and refresh every few minutes. Not financial advice. Methodology