Hyperliquid Liquidation Feed

Track market activity and liquidation risk across all Hyperliquid perpetual futures. Identify the most active markets and conditions that lead to cascading liquidations.

Total 24h Volume
$6.05B
Total Open Interest
$5.37B
Active Markets
298
High Volume Markets
118
over $1M daily volume

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.

#AssetPrice24h Change
1BTC$66,493-2.39%
2ETH$1,970.1-4.29%
3SILVER$89.77+2.53%
4SOL$84.47-2.71%
5XYZ100$24,950-1.43%
6USA500$6,881.3-0.89%
7HYPE$28.78+0.69%
8NVDA$185.64-5.89%
9XRP$1.39-3.36%
10GOLD$5,179.2+0.09%
11MU$410.18-5.01%
12CRCL$86.30+4.12%
13SILVER$89.78+2.53%
14FARTCOIN$0.1681-0.71%
15PUMP$0.001885+5.31%
16CL$66.62+3.44%
17NVDA$185.55-5.89%
18ZEC$233.41-4.36%
19BTC$66,469.8-2.46%
20SUI$0.9260-1.68%

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.

#AssetFunding Rate
1INFOTECH+0.0006%
2YZY+0.0013%
3BCH+0.0013%
4MEGA+0.0013%
5XMR-0.0078%
6LINK+0.0002%
7SPACEX+0.0028%
8SUI+0.0010%
9ENS+0.0013%
10IP-0.0097%
11RESOLV+0.0013%
12IP+0.0012%
13PURR+0.0013%
14MAVIA+0.0526%
15XAI-0.0038%

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

Frequently Asked Questions

A liquidation occurs when a trader's margin balance falls below the maintenance margin requirement for their leveraged position. The exchange automatically closes the position to prevent further losses. On Hyperliquid, liquidations happen when the mark price moves far enough against a position that the remaining collateral can no longer support it.
You can track Hyperliquid liquidations on this page, which shows the most active markets and those with the highest liquidation risk. For real-time individual liquidation events, join our Telegram Liquidations channel for instant alerts on large liquidations across all Hyperliquid markets.
Cascading liquidations occur when a large number of positions are liquidated in quick succession, creating a feedback loop. When liquidations push the price further in one direction, they trigger more liquidations. Markets with high open interest combined with extreme funding rates are most susceptible to cascading liquidation events.
Markets with the highest trading volume and open interest - typically BTC, ETH, and SOL - tend to see the most liquidation activity. However, smaller altcoin markets with high leverage can experience proportionally larger liquidation events relative to their market size.
To reduce liquidation risk: use lower leverage, set stop-loss orders, maintain adequate margin, avoid overleveraging during high volatility, and monitor your liquidation price closely. Use our Liquidation Calculator to determine your exact liquidation price before entering a trade.
High liquidation risk indicates markets where conditions favor large liquidation events. This includes markets with extreme funding rates (indicating crowded positioning), high open interest relative to volume, and elevated volatility. When many traders are positioned on one side, a sudden price move can trigger a wave of liquidations.