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 | $77,086 | +0.49% |
| 2 | HYPE | $63.00 | +7.31% |
| 3 | ETH | $2,102.3 | -0.68% |
| 4 | CL | $91.74 | +2.48% |
| 5 | ZEC | $667.31 | +5.84% |
| 6 | SOL | $85.38 | -0.37% |
| 7 | BRENTOIL | $95.46 | +2.47% |
| 8 | SILVER | $78.59 | +1.22% |
| 9 | NEAR | $2.41 | -1.72% |
| 10 | SP500 | $7,520.4 | -0.79% |
| 11 | XYZ100 | $29,765 | -0.38% |
| 12 | GOLD | $4,577.2 | +0.73% |
| 13 | LIT | $1.30 | +5.84% |
| 14 | VVV | $19.26 | +4.47% |
| 15 | TON | $1.77 | -3.07% |
| 16 | SPCX | $207.19 | +2.68% |
| 17 | MU | $775.74 | +0.47% |
| 18 | ONDO | $0.4397 | +3.15% |
| 19 | WLD | $0.2916 | -2.83% |
| 20 | SUI | $1.03 | -3.11% |
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