Where ETH positions on Hyperliquid get liquidated, from the real positions of tracked wallets rather than a leverage model. Bars show the value liquidated at each price: longs below the current price, shorts above it. Lines show the running total from the price outwards. Coverage says how much of the market the tracked wallets hold.
2,314 open ETH positions in 2,314 tracked Hyperliquid wallets: $1.35B long and $1.38B short (49.5% long). That is 47.1% of ETH's $2.89B open interest on Hyperliquid; 91.2% of it was checked in the last 15 minutes. Within 10% of the 2,651.1 mark price, $419.30M of longs would be liquidated on the way down and $22.76M of shorts on the way up. The biggest clusters in the ±50% range are longs near 2,452.3 ($145.58M, -7.50%) and shorts near 3,062.1 ($71.22M, +15.50%).
2,314 positions · 2,314 wallets47.1% of ETH OI coveredTracker coverage of Hyperliquid OI: 44.8%As of 02:52 UTC
Coverage of ETH OItracked
47.1%
$2.72B tracked · $2.89B OI91.2% checked ≤ 15 min
Long liquidationswithin −10%
$419.30M
biggest at 2,452.3
Short liquidationswithin +10%
$22.76M
biggest at 3,062.1
Tracked positions2314 wallets
2314
$1.35B long · $1.38B short49.5% long
Tracker coverageall HL perps
44.8%
37.9% fresh10,440 holders of 49,295 wallets
ETH liquidation map · ±50%
Longs liquidated (price falls)Shorts liquidated (price rises)Cumulative from the price outwards (right axis)
Each bar is 26.511 wide. Outside the range: $72.45M of longs and $1.82B of shorts. 594 positions ($125.52M) have no liquidation price. 8 positions ($135K) show a liquidation price the market has already passed since the last check and are not drawn.
Tier A is the 300 wallets with the largest positions; B the next ones; C everyone else. Hyperliquid's API rate limit decides how often the smaller tiers can be checked, so their actual cycle can be longer than the target. Coverage is tracked value ÷ (2 × Hyperliquid open interest); 37.9% was checked in the last 15 minutes. Wallets not checked for 48 hours are left out of this page.
How to read it. A tall bar is a price where a lot of tracked ETH positions would be liquidated. Liquidations are forced market orders, so a big cluster close to the price can speed up a move once it is reached. The map only shows wallets this site tracks (47.1% of ETH open interest), so the real totals are larger. Positions from wallets not checked for 48 hours are left out. Not financial advice.
ETH Hyperliquid liquidation map FAQ
How is this ETH liquidation map made?
From real positions, not a model. Hyperliquid is an on-chain exchange, so every account's open positions and their liquidation prices are public. This site tracks the wallets that trade on Hyperliquid, reads their positions from Hyperliquid's public API and records them. The map adds up, per price level, the value of every tracked position whose liquidation price sits there: longs below the current price, shorts above it.
How much of the market does it cover?
Not all of it. Hyperliquid limits how often its API can be called, so the tracker checks the 300 wallets with the biggest positions every minute and the others every few hours. Coverage is the tracked long and short value divided by twice the open interest (every long has a matching short). The largest positions are the ones that move the market, and they are the best covered. Right now the ETH map covers 47.1% of ETH's open interest on Hyperliquid. Across all Hyperliquid perps the tracker currently sees 44.8% of open interest (37.9% checked in the last 15 minutes).
How fresh is the data?
The biggest wallets are re-checked every minute, smaller ones less often; the table shows when each position was last checked. Wallets not checked for 48 hours are left out. A position whose liquidation price the market has already passed since its last check is counted separately, not drawn. The page refreshes the positions every minute.
Why can a cross-margin liquidation price move?
An isolated position has its own margin, so its liquidation price only moves when the trader adds or removes margin. A cross-margin position shares the account's whole balance: profit or loss on the account's other positions, deposits and withdrawals all move its liquidation price. The map uses the liquidation price Hyperliquid reported at the last check. Positions with no liquidation price (an account with enough collateral that it can't be liquidated) are left off the chart.
How is this different from an estimated liquidation map?
Most liquidation maps guess: they take open interest and spread it over typical leverage levels. On Hyperliquid the positions themselves are visible, so this map shows where tracked positions will actually be liquidated, at the cost of covering only part of the market. Nothing here is financial advice.