Most Active Markets by Volume
Markets with the highest trading volume tend to have the most liquidation activity. High volume during price swings often indicates significant liquidation events.
| # | Asset | Price | 24h Change |
|---|---|---|---|
| 1 | BTC | $75,411 | -2.12% |
| 2 | ETH | $2,328.1 | -3.27% |
| 3 | CL | $86.45 | +3.00% |
| 4 | HYPE | $43.35 | -3.52% |
| 5 | SOL | $85.46 | -3.35% |
| 6 | BRENTOIL | $90.21 | +3.13% |
| 7 | AAVE | $92.53 | -19.57% |
| 8 | SP500 | $7,059 | -0.50% |
| 9 | XRP | $1.43 | -2.67% |
| 10 | ZRO | $1.52 | -22.11% |
| 11 | ZEC | $323.90 | -3.68% |
| 12 | XYZ100 | $26,402 | -0.49% |
| 13 | ENA | $0.1207 | -3.73% |
| 14 | FARTCOIN | $0.1993 | -8.90% |
| 15 | GOLD | $4,791.4 | -0.84% |
| 16 | kPEPE | $0.003778 | -4.21% |
| 17 | DOGE | $0.0947 | -4.04% |
| 18 | XPL | $0.1064 | -15.97% |
| 19 | LIT | $0.9257 | -11.39% |
| 20 | NEAR | $1.34 | -4.57% |
Markets with Highest Liquidation Risk
Markets with extreme funding rates and high open interest are most susceptible to cascading liquidation events. When many traders are positioned on one side, a sudden reversal can trigger a chain reaction of forced closures.
How Do Liquidations Work?
In leveraged trading, liquidation occurs when a position's losses approach the deposited collateral. For example, with 10x leverage on a long position, a 10% price drop would wipe out 100% of your margin. Hyperliquid uses a mark price based on the oracle to determine liquidations, helping prevent unnecessary liquidations caused by temporary price wicks. When a position is liquidated, the remaining collateral goes to the insurance fund or liquidation engine.
Learn more about liquidation mechanics