What is the Hyperliquid long/short ratio right now?

Right now 69.0% of tracked Hyperliquid accounts with a BTC position are long (long/short ratio 2.22), holding 47.4% of the tracked BTC position value. Across all coins, 71.0% of 8,899 tracked accounts are net long. The table above lists every coin with enough tracked positions, refreshed every 5 minutes.

How is the Hyperliquid long/short ratio calculated?

From the real open positions of the Hyperliquid wallets this site tracks. The accounts ratio counts every account with an open position once: the number of accounts long divided by the number short. The value ratio weighs positions by size at the mark price, so a few large traders can outweigh many small ones.

How is it different from the Binance or Bybit long/short ratio?

Binance and Bybit publish their own ratios; you have to trust their numbers. Hyperliquid is an on-chain exchange, so its positions are public and this ratio is computed directly from them. It covers the wallets this site tracks, not every account, so it is a large sample rather than the full market.

How often does it update?

The positions are reloaded every 5 minutes. The 300 largest wallets are re-checked every minute, smaller ones every few hours, and wallets not checked for 48 hours are left out.

Is a high long/short ratio bullish?

Not on its own. Crowded positioning can unwind sharply: a market where most accounts are long can fall fast if those longs are forced to sell. Compare the accounts ratio with the value ratio to see whether the crowd and the large traders agree. This is market data, not financial advice.

Where can I see what Hyperliquid whales and top traders hold?

The whale tracker lists every tracked position of $1M or more with entry, liquidation price and leverage, the leaderboard ranks the top traders by PnL, and positioning by cohort splits longs and shorts by account size.

Hyperliquid Long/Short Ratio (Live, On-Chain)

BTC accounts longHyperliquid

69.0% long

Ratio 2.224,220 accounts

BTC value longby size

47.4% long

$1.14B$1.27B

Accounts net longall coins

71.0%

6,320 net long · 2,579 net short

Whales long$1M+ positions

45.5% long

1,008 positions · whale tracker

Daily last-recorded snapshots

seven completed UTC days

Latest observed hourly sample per day, not daily averages or settlements. Shares cover tracked wallets; wallets are counted net long across all coins. Missing observations remain unavailable.

UTC date	Wallets net long	Value long	Selected sample (UTC)	Recorded hours
2026-11-05	66.09%	46.58%	2026-11-05 23:00 UTC	24 / 24
2026-11-06	66.97%	46.39%	2026-11-06 23:00 UTC	24 / 24
2026-11-07	67.29%	46.75%	2026-11-07 23:00 UTC	24 / 24
2026-11-08	65.74%	46.57%	2026-11-08 23:00 UTC	24 / 24
2026-11-09	65.28%	47.49%	2026-11-09 23:00 UTC	24 / 24
2026-11-10	64.74%	47.34%	2026-11-10 23:00 UTC	24 / 24
2026-11-11	66.35%	48.07%	2026-11-11 23:00 UTC	24 / 24

Long/short history: wallets net long, all coins

hourly snapshot of tracked wallets; not an exchange-published ratio

Loading chart…

Chart: TradingView Lightweight Charts™

Long/short ratio by coin

coins with 10+ tracked positions, by open interest

Coin	Long accounts	Short accounts	Accounts long	Ratio	Value long	Value ratio	Coverage
BTC	2,911	1,309	69.0%	2.22	47.4%	0.90	83.6%
HYPE	1,723	789	68.6%	2.18	50.2%	1.01	86.5%
ETH	1,376	759	64.4%	1.81	48.2%	0.93	89.2%
ZEC	739	470	61.1%	1.57	47.6%	0.91	89.2%
SOL	747	471	61.3%	1.59	48.6%	0.94	88.8%
NEAR	455	331	57.9%	1.37	48.5%	0.94	90.1%
XMR	257	214	54.6%	1.20	50.5%	1.02	90.2%
LIT	384	177	68.4%	2.17	47.9%	0.92	91.0%
XRP	404	282	58.9%	1.43	47.0%	0.89	86.9%
ENA	355	193	64.8%	1.84	48.9%	0.96	89.4%
UNI	273	206	57.0%	1.33	51.9%	1.08	88.5%
VVV	220	162	57.6%	1.36	49.4%	0.98	93.8%
PUMP	343	226	60.3%	1.52	45.5%	0.83	85.8%
DOGE	238	179	57.1%	1.33	47.6%	0.91	89.4%
LINK	252	164	60.6%	1.54	47.7%	0.91	91.7%
kPEPE	257	151	63.0%	1.70	48.1%	0.93	89.9%
AAVE	230	160	59.0%	1.44	48.9%	0.96	93.7%
ZRO	187	191	49.5%	0.98	48.1%	0.93	94.2%
BNB	193	193	50.0%	1.00	49.2%	0.97	89.4%
XPL	170	192	47.0%	0.89	49.7%	0.99	90.1%
WLD	189	180	51.2%	1.05	47.5%	0.91	91.3%
MON	78	180	30.2%	0.43	48.9%	0.96	89.6%
TAO	204	156	56.7%	1.31	46.3%	0.86	79.9%
AVAX	204	156	56.7%	1.31	47.2%	0.90	81.7%
ADA	153	174	46.8%	0.88	47.4%	0.90	89.3%
PAXG	112	76	59.6%	1.47	47.0%	0.89	82.8%
SUI	236	189	55.5%	1.25	44.2%	0.79	83.8%
STRK	119	159	42.8%	0.75	51.3%	1.05	91.3%
GRAM	121	96	55.8%	1.26	45.3%	0.83	77.3%
AERO	148	132	52.9%	1.12	47.2%	0.90	81.8%
ASTER	146	122	54.5%	1.20	45.3%	0.83	84.3%
FARTCOIN	176	111	61.3%	1.59	46.7%	0.88	88.9%
LTC	114	159	41.8%	0.72	50.0%	1.00	85.1%
GRASS	114	118	49.1%	0.97	49.9%	1.00	88.6%
ONDO	220	154	58.8%	1.43	44.8%	0.81	83.5%
WLFI	80	148	35.1%	0.54	50.8%	1.03	83.8%
TRX	107	107	50.0%	1.00	50.6%	1.02	80.4%
ARB	169	158	51.7%	1.07	48.4%	0.94	75.8%
ETHFI	126	106	54.3%	1.19	50.6%	1.02	76.7%
PURR	69	84	45.1%	0.82	51.0%	1.04	88.1%
USELESS	85	117	42.1%	0.73	49.5%	0.98	90.0%
CRV	132	136	49.3%	0.97	45.0%	0.82	80.5%
CASHCAT	124	104	54.4%	1.19	43.1%	0.76	83.1%
TRUMP	89	165	35.0%	0.54	52.5%	1.11	82.3%
HBAR	105	133	44.1%	0.79	50.2%	1.01	79.0%
XLM	94	118	44.3%	0.80	51.8%	1.07	79.3%
MEGA	44	88	33.3%	0.50	51.7%	1.07	91.7%
LDO	78	85	47.9%	0.92	48.6%	0.94	87.8%
PONS	142	120	54.2%	1.18	43.4%	0.77	78.9%
PENDLE	90	105	46.2%	0.86	52.4%	1.10	79.4%
JUP	98	95	50.8%	1.03	50.2%	1.01	77.2%
INJ	129	94	57.8%	1.37	44.9%	0.81	79.0%
CHIP	63	101	38.4%	0.62	50.6%	1.02	85.1%
MORPHO	82	100	45.1%	0.82	44.9%	0.82	68.3%
FET	70	83	45.8%	0.84	46.9%	0.88	81.5%
DOT	80	122	39.6%	0.66	51.9%	1.08	78.8%
TIA	72	108	40.0%	0.67	49.9%	1.00	89.9%
kBONK	44	88	33.3%	0.50	48.8%	0.95	92.4%
BCH	89	97	47.8%	0.92	49.6%	0.98	82.6%
CC	69	71	49.3%	0.97	40.7%	0.69	78.2%
VIRTUAL	55	112	32.9%	0.49	49.3%	0.97	84.7%
FIL	48	117	29.1%	0.41	52.4%	1.10	83.6%
ATOM	73	90	44.8%	0.81	47.2%	0.89	84.8%
POL	52	93	35.9%	0.56	49.2%	0.97	82.0%
APT	70	117	37.4%	0.60	44.2%	0.79	76.2%
SPX	68	81	45.6%	0.84	40.6%	0.68	75.2%
PENGU	86	96	47.3%	0.90	46.1%	0.86	70.4%
MNT	42	68	38.2%	0.62	54.0%	1.18	81.8%
SYRUP	56	67	45.5%	0.84	45.7%	0.84	88.0%
WIF	44	94	31.9%	0.47	53.8%	1.16	87.3%
kSHIB	49	82	37.4%	0.60	49.5%	0.98	93.3%
IMX	17	69	19.8%	0.25	53.4%	1.14	91.5%
OP	45	98	31.5%	0.46	47.4%	0.90	82.4%
ICP	68	106	39.1%	0.64	34.9%	0.54	62.6%
SKY	62	80	43.7%	0.77	50.3%	1.01	76.3%
ALGO	58	95	37.9%	0.61	46.2%	0.86	76.7%
CFX	16	72	18.2%	0.22	51.9%	1.08	90.0%
W	42	62	40.4%	0.68	47.0%	0.89	90.7%
SEI	65	89	42.2%	0.73	45.0%	0.82	79.1%
ETC	51	64	44.3%	0.80	53.9%	1.17	82.6%
MET	50	61	45.0%	0.82	43.8%	0.78	82.9%
DASH	58	57	50.4%	1.02	44.0%	0.79	83.0%
NIL	43	65	39.8%	0.66	51.7%	1.07	69.6%
RENDER	61	92	39.9%	0.66	44.6%	0.80	76.8%
PYTH	58	63	47.9%	0.92	44.9%	0.82	76.4%
RUNE	48	54	47.1%	0.89	46.0%	0.85	66.4%
EIGEN	41	68	37.6%	0.60	47.4%	0.90	84.2%
HMSTR	15	44	25.4%	0.34	50.9%	1.04	95.3%
SAGA	23	51	31.1%	0.45	56.3%	1.29	86.4%
MINA	65	27	70.7%	2.41	43.0%	0.75	86.9%
JTO	56	74	43.1%	0.76	45.3%	0.83	82.1%
CAKE	41	67	38.0%	0.61	49.7%	0.99	63.2%
S	41	56	42.3%	0.73	58.1%	1.38	62.4%
LINEA	24	59	28.9%	0.41	50.9%	1.04	82.3%
XTEN	29	24	54.7%	1.21	52.2%	1.09	53.2%
ZK	38	71	34.9%	0.54	48.4%	0.94	86.2%
INIT	66	61	52.0%	1.08	52.0%	1.09	80.8%
STBL	41	44	48.2%	0.93	48.3%	0.94	93.2%
KAS	32	65	33.0%	0.49	32.5%	0.48	55.9%
DYDX	24	63	27.6%	0.38	50.4%	1.02	90.1%
BERA	52	57	47.7%	0.91	45.8%	0.84	84.9%
AVNT	37	52	41.6%	0.71	51.4%	1.06	82.1%
REZ	31	41	43.1%	0.76	50.4%	1.02	83.3%
ENS	15	62	19.5%	0.24	47.9%	0.92	93.3%
GOAT	20	57	26.0%	0.35	54.6%	1.20	83.7%
STX	55	55	50.0%	1.00	45.6%	0.84	79.8%
SUPER	16	33	32.7%	0.48	62.1%	1.64	67.1%
AZTEC	24	66	26.7%	0.36	50.0%	1.00	91.5%
KAITO	41	73	36.0%	0.56	50.4%	1.02	87.1%
0G	23	53	30.3%	0.43	51.2%	1.05	90.3%
GRIFFAIN	37	45	45.1%	0.82	49.7%	0.99	91.6%
GMX	20	51	28.2%	0.39	48.6%	0.94	85.7%
APEX	21	44	32.3%	0.48	55.0%	1.22	83.7%
RESOLV	17	50	25.4%	0.34	55.5%	1.25	87.6%
IOTA	19	49	27.9%	0.39	50.0%	1.00	86.4%
STABLE	27	31	46.6%	0.87	46.5%	0.87	80.5%
MELANIA	46	46	50.0%	1.00	49.5%	0.98	89.0%
POPCAT	35	55	38.9%	0.64	46.4%	0.87	91.2%
PNUT	21	56	27.3%	0.37	49.8%	0.99	94.8%
COMP	43	47	47.8%	0.91	43.1%	0.76	82.9%
APE	26	65	28.6%	0.40	36.2%	0.57	70.1%
ALT	33	37	47.1%	0.89	47.5%	0.90	91.2%
MERL	33	33	50.0%	1.00	45.2%	0.82	80.7%
BLUR	44	38	53.7%	1.16	53.0%	1.13	82.9%
SAND	44	50	46.8%	0.88	51.7%	1.07	78.9%
ZETA	37	34	52.1%	1.09	43.7%	0.78	84.6%
AR	31	50	38.3%	0.62	34.2%	0.52	66.8%
HEMI	28	39	41.8%	0.72	51.0%	1.04	91.0%
BSV	17	40	29.8%	0.42	40.4%	0.68	81.7%
CELO	17	43	28.3%	0.40	52.1%	1.09	91.3%
SNX	25	50	33.3%	0.50	50.1%	1.00	92.9%
IO	46	31	59.7%	1.48	41.3%	0.70	84.5%
2Z	32	51	38.6%	0.63	47.7%	0.91	63.0%
BIO	20	57	26.0%	0.35	50.3%	1.01	80.9%
TRB	45	15	75.0%	3.00	54.2%	1.18	76.6%
ZORA	23	56	29.1%	0.41	48.1%	0.93	84.2%
RSR	30	38	44.1%	0.79	46.8%	0.88	74.7%
USUAL	17	38	30.9%	0.45	57.8%	1.37	79.8%
ZEN	20	37	35.1%	0.54	32.9%	0.49	69.1%
MEME	24	33	42.1%	0.73	45.0%	0.82	90.1%
NEO	25	46	35.2%	0.54	57.3%	1.34	79.2%
kFLOKI	32	48	40.0%	0.67	43.0%	0.75	80.4%
MOODENG	30	40	42.9%	0.75	45.5%	0.83	84.0%
ORDI	20	49	29.0%	0.41	20.0%	0.25	53.4%
SKR	22	39	36.1%	0.56	43.4%	0.77	73.5%
TURBO	21	38	35.6%	0.55	46.1%	0.86	72.2%
SOPH	42	26	61.8%	1.62	61.7%	1.61	61.7%
GALA	36	41	46.8%	0.88	50.0%	1.00	70.9%
MANTA	19	32	37.3%	0.59	21.6%	0.28	55.6%
LAYER	35	23	60.3%	1.52	46.2%	0.86	90.1%
AXS	27	32	45.8%	0.84	44.4%	0.80	77.9%
BOME	37	41	47.4%	0.90	51.2%	1.05	74.3%
NOT	18	39	31.6%	0.46	50.7%	1.03	76.6%
kLUNC	15	28	34.9%	0.54	34.4%	0.52	66.9%
DYM	33	32	50.8%	1.03	51.4%	1.06	83.3%
XAI	39	21	65.0%	1.86	49.1%	0.96	92.6%
ANIME	38	29	56.7%	1.31	46.7%	0.88	87.4%
SUSHI	26	37	41.3%	0.70	50.9%	1.04	81.4%
MOVE	30	27	52.6%	1.11	51.3%	1.05	69.5%
BABY	20	37	35.1%	0.54	49.8%	0.99	75.4%
BRETT	20	40	33.3%	0.50	46.4%	0.87	66.4%
YGG	27	23	54.0%	1.17	45.5%	0.83	84.1%
PROVE	22	32	40.7%	0.69	49.9%	1.00	87.7%
FOGO	15	42	26.3%	0.36	52.4%	1.10	53.2%
ACE	22	34	39.3%	0.65	48.5%	0.94	68.6%
BIGTIME	21	27	43.8%	0.78	46.6%	0.87	84.1%
GMT	24	22	52.2%	1.09	54.0%	1.17	73.2%
NXPC	16	32	33.3%	0.50	29.7%	0.42	59.8%
BANANA	13	30	30.2%	0.43	40.0%	0.67	68.9%
AIXBT	25	32	43.9%	0.78	35.8%	0.56	70.8%
ME	29	22	56.9%	1.32	48.9%	0.96	77.5%
WCT	15	30	33.3%	0.50	42.6%	0.74	77.8%
PEOPLE	26	39	40.0%	0.67	48.9%	0.96	83.9%
UMA	17	26	39.5%	0.65	47.5%	0.91	87.0%
GAS	27	18	60.0%	1.50	28.4%	0.40	64.3%
TNSR	19	32	37.3%	0.59	39.5%	0.65	66.1%
kNEIRO	21	25	45.7%	0.84	47.8%	0.91	85.7%
HYPER	26	22	54.2%	1.18	50.8%	1.03	57.3%
POLYX	23	21	52.3%	1.10	47.8%	0.92	79.4%

Most long-heavy

share of accounts long

TRB	75.0%	60 accounts
MINA	70.7%	92 accounts
BTC	69.0%	4,220 accounts
HYPE	68.6%	2,512 accounts
LIT	68.4%	561 accounts

Most short-heavy

share of accounts long

CFX	18.2%	88 accounts
ENS	19.5%	77 accounts
IMX	19.8%	86 accounts
RESOLV	25.4%	67 accounts
HMSTR	25.4%	59 accounts

Tracker coverage and freshness

all Hyperliquid perps · 89.8% of OI

Tier	Wallets	With positions	Tracked value	Target cycle	Actual cycle
A	300	300	$5.10B	60 s	3 min
B	3,000	3,000	$1.89B	15 min	2 h
C	82,685	15,505	$432.15M	4 h	690 h

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); 62.5% was checked in the last 15 minutes. Wallets not checked for 48 hours are left out of this page.

How to read it. The accounts ratio counts each tracked account once per coin (long accounts ÷ short accounts); the value ratio weighs positions by size at the mark price. They often disagree: many small accounts can be long while a few large ones are short. Only wallets this site tracks are counted, and wallets not checked for 48 hours are left out. Not financial advice.

Hyperliquid Long/Short Ratio