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Hyperliquid Long/Short Ratio

How Hyperliquid traders are positioned, coin by coin: the share of tracked accounts that are long and the share of position value that is long, computed from real on-chain positions rather than an exchange-published figure. A long/short ratio above 1 means more longs than shorts.

Right now 62.7% of tracked Hyperliquid accounts with a BTC position are long (long/short ratio 1.68), holding 50.6% of the tracked BTC position value. Across all coins, 66.9% of 5,301 tracked accounts are net long.

28,267 positions in 5,301 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 19:39 UTC

BTC accounts longHyperliquid
62.7% long
Ratio 1.681,839 accounts
BTC value longby size
50.6% long
$1.38B$1.35B
Accounts net longall coins
66.9%
3,549 net long · 1,752 net short
Whales long$1M+ positions
48.9% long
1,569 positions · whale tracker

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 1,153 686 62.7% 1.68 50.6% 1.02 42.5%
ETH 855 449 65.6% 1.90 49.3% 0.97 45.9%
HYPE 1,056 723 59.4% 1.46 54.1% 1.18 41.5%
ZEC 681 365 65.1% 1.87 49.8% 0.99 44.3%
SOL 514 287 64.2% 1.79 48.8% 0.95 44.6%
NEAR 601 241 71.4% 2.49 51.8% 1.07 41.2%
XRP 275 177 60.8% 1.55 49.2% 0.97 45.2%
LIT 369 178 67.5% 2.07 52.9% 1.12 42.3%
PUMP 356 144 71.2% 2.47 50.9% 1.04 43.5%
ENA 376 161 70.0% 2.34 50.6% 1.03 42.5%
DOGE 210 127 62.3% 1.65 50.9% 1.04 43.4%
UNI 263 151 63.5% 1.74 53.3% 1.14 38.1%
TAO 282 149 65.4% 1.89 50.9% 1.04 40.1%
LINK 201 118 63.0% 1.70 50.7% 1.03 42.9%
XPL 246 157 61.0% 1.57 49.3% 0.97 44.7%
SUI 217 168 56.4% 1.29 49.9% 0.99 39.7%
WLD 240 135 64.0% 1.78 50.4% 1.02 41.7%
AAVE 186 104 64.1% 1.79 51.5% 1.06 43.3%
ONDO 235 142 62.3% 1.65 48.9% 0.96 38.5%
XMR 189 99 65.6% 1.91 48.7% 0.95 42.0%
VVV 235 135 63.5% 1.74 51.9% 1.08 43.4%
GRAM 132 87 60.3% 1.52 49.6% 0.98 43.3%
ZRO 147 108 57.6% 1.36 50.6% 1.03 44.6%
PONS 225 142 61.3% 1.58 44.6% 0.80 41.8%
LTC 182 116 61.1% 1.57 48.5% 0.94 37.5%
BNB 160 106 60.2% 1.51 49.3% 0.97 40.0%
ADA 118 109 52.0% 1.08 49.0% 0.96 45.9%
MON 97 120 44.7% 0.81 55.1% 1.23 41.0%
CASHCAT 164 119 58.0% 1.38 47.5% 0.91 41.0%
kPEPE 139 69 66.8% 2.01 41.7% 0.72 40.6%
FARTCOIN 120 102 54.1% 1.18 46.9% 0.88 40.9%
ARB 160 117 57.8% 1.37 48.1% 0.93 37.0%
AERO 138 102 57.5% 1.35 51.6% 1.07 39.5%
AVAX 140 129 52.0% 1.09 47.1% 0.89 39.4%
GRASS 90 119 43.1% 0.76 54.3% 1.19 42.6%
ASTER 116 106 52.3% 1.09 55.3% 1.24 32.6%
PAXG 55 65 45.8% 0.85 48.2% 0.93 35.0%
JUP 109 81 57.4% 1.35 50.4% 1.02 40.1%
PENGU 109 74 59.6% 1.47 41.6% 0.71 38.1%
CRV 82 78 51.2% 1.05 42.6% 0.74 30.5%
ETHFI 128 85 60.1% 1.51 50.9% 1.04 40.0%
LDO 74 71 51.0% 1.04 58.3% 1.40 39.3%
PURR 59 99 37.3% 0.60 52.9% 1.12 39.9%
PENDLE 106 67 61.3% 1.58 51.8% 1.08 36.9%
XLM 87 72 54.7% 1.21 47.9% 0.92 38.9%
kBONK 38 71 34.9% 0.54 50.2% 1.01 40.5%
USELESS 92 75 55.1% 1.23 40.3% 0.67 36.6%
INJ 86 62 58.1% 1.39 39.9% 0.66 40.1%
TRX 73 56 56.6% 1.30 51.9% 1.08 33.2%
VIRTUAL 72 79 47.7% 0.91 48.5% 0.94 35.9%
TRUMP 71 118 37.6% 0.60 47.0% 0.89 38.4%
FET 65 60 52.0% 1.08 47.2% 0.90 41.8%
CHIP 69 72 48.9% 0.96 51.8% 1.07 40.9%
BCH 83 72 53.5% 1.15 49.9% 1.00 39.4%
WLFI 48 82 36.9% 0.59 48.2% 0.93 43.8%
FIL 64 65 49.6% 0.98 47.6% 0.91 43.6%
NIL 53 59 47.3% 0.90 54.7% 1.21 38.1%
JTO 62 71 46.6% 0.87 46.6% 0.87 38.6%
AR 32 66 32.7% 0.48 53.6% 1.15 41.4%
SPX 46 77 37.4% 0.60 41.7% 0.72 38.6%
WIF 53 69 43.4% 0.77 56.7% 1.31 39.8%
SYRUP 53 49 52.0% 1.08 52.5% 1.11 38.9%
HBAR 64 71 47.4% 0.90 48.3% 0.94 36.6%
MORPHO 98 68 59.0% 1.44 49.3% 0.97 37.3%
STRK 58 64 47.5% 0.91 43.9% 0.78 39.1%
POL 59 55 51.8% 1.07 54.1% 1.18 37.1%
MNT 56 45 55.4% 1.24 55.1% 1.22 37.6%
MEGA 43 59 42.2% 0.73 55.3% 1.24 43.0%
TIA 41 54 43.2% 0.76 45.6% 0.84 40.1%
ETC 49 51 49.0% 0.96 53.5% 1.15 37.8%
DOT 68 71 48.9% 0.96 43.9% 0.78 34.0%
EIGEN 41 59 41.0% 0.69 49.5% 0.98 38.5%
CC 66 54 55.0% 1.22 45.2% 0.82 33.1%
MET 59 45 56.7% 1.31 45.9% 0.85 41.2%
W 36 49 42.4% 0.73 47.1% 0.89 40.2%
APT 73 66 52.5% 1.11 42.9% 0.75 37.8%
SEI 44 70 38.6% 0.63 42.9% 0.75 39.8%
DASH 45 48 48.4% 0.94 39.1% 0.64 35.7%
IMX 20 47 29.9% 0.43 58.8% 1.42 41.4%
ICP 58 61 48.7% 0.95 41.0% 0.69 28.2%
CAKE 61 42 59.2% 1.45 48.7% 0.95 28.7%
BOME 14 49 22.2% 0.29 55.5% 1.25 44.5%
SKY 68 46 59.6% 1.48 50.2% 1.01 40.6%
2Z 43 27 61.4% 1.59 52.5% 1.10 35.4%
RENDER 82 53 60.7% 1.55 37.1% 0.59 33.7%
0G 27 43 38.6% 0.63 58.9% 1.43 40.1%
OP 53 48 52.5% 1.10 43.3% 0.76 38.6%
CFX 10 43 18.9% 0.23 56.3% 1.29 43.0%
kSHIB 38 42 47.5% 0.90 54.5% 1.20 34.8%
MINA 40 19 67.8% 2.11 40.9% 0.69 38.3%
RUNE 24 51 32.0% 0.47 36.4% 0.57 30.1%
ENS 16 38 29.6% 0.42 55.2% 1.23 39.8%
ALGO 58 44 56.9% 1.32 38.9% 0.64 34.8%
APEX 17 45 27.4% 0.38 54.4% 1.19 43.5%
ATOM 62 36 63.3% 1.72 40.4% 0.68 35.8%
LINEA 19 42 31.1% 0.45 58.4% 1.41 37.9%
POPCAT 31 38 44.9% 0.82 44.2% 0.79 42.7%
PYTH 54 26 67.5% 2.08 42.4% 0.74 32.0%
KAS 50 30 62.5% 1.67 39.3% 0.65 27.4%
DYDX 30 38 44.1% 0.79 45.9% 0.85 39.1%
BERA 33 29 53.2% 1.14 50.4% 1.02 44.5%
KAITO 34 67 33.7% 0.51 43.8% 0.78 36.5%
STBL 26 37 41.3% 0.70 50.2% 1.01 45.9%
ZEN 17 40 29.8% 0.42 34.5% 0.53 29.5%
APE 23 40 36.5% 0.57 37.6% 0.60 35.4%
MELANIA 28 38 42.4% 0.74 50.1% 1.01 44.9%
REZ 19 35 35.2% 0.54 48.9% 0.96 40.9%
GOAT 11 46 19.3% 0.24 57.4% 1.35 39.0%
ZORA 14 39 26.4% 0.36 56.2% 1.28 38.0%
RESOLV 26 29 47.3% 0.90 53.5% 1.15 39.1%
HMSTR 12 28 30.0% 0.43 61.0% 1.56 40.0%
BIO 27 28 49.1% 0.96 61.4% 1.59 35.6%
PNUT 19 35 35.2% 0.54 55.8% 1.26 42.2%
SKR 38 17 69.1% 2.24 43.3% 0.76 38.5%
BLUR 26 24 52.0% 1.08 49.6% 0.98 45.0%
AZTEC 22 36 37.9% 0.61 48.2% 0.93 35.2%
STX 38 22 63.3% 1.73 42.1% 0.73 18.4%
GRIFFAIN 20 27 42.6% 0.74 51.7% 1.07 45.6%
BSV 22 23 48.9% 0.96 34.0% 0.51 34.8%
ZETA 30 21 58.8% 1.43 48.7% 0.95 41.6%
IOTA 18 26 40.9% 0.69 49.9% 1.00 41.0%
COMP 20 37 35.1% 0.54 51.6% 1.07 38.9%
SAGA 29 28 50.9% 1.04 44.4% 0.80 37.7%
IO 23 20 53.5% 1.15 37.6% 0.60 39.0%
ALT 31 14 68.9% 2.21 45.7% 0.84 44.7%
GMX 10 34 22.7% 0.29 44.8% 0.81 37.2%
HEMI 18 36 33.3% 0.50 53.8% 1.17 39.4%
FOGO 19 23 45.2% 0.83 55.2% 1.23 31.1%
S 31 22 58.5% 1.41 60.1% 1.51 32.3%
ZK 25 31 44.6% 0.81 43.9% 0.78 37.2%
SUPER 14 27 34.1% 0.52 24.7% 0.33 28.8%
ORDI 15 32 31.9% 0.47 40.5% 0.68 33.9%
AVNT 29 25 53.7% 1.16 40.1% 0.67 37.7%
STABLE 18 30 37.5% 0.60 48.6% 0.95 37.9%
LAYER 26 21 55.3% 1.24 48.7% 0.95 46.4%
SAND 22 19 53.7% 1.16 54.9% 1.22 27.2%
MEME 26 15 63.4% 1.73 48.1% 0.93 45.8%
USUAL 24 18 57.1% 1.33 42.0% 0.72 28.9%
AXS 22 22 50.0% 1.00 37.3% 0.59 36.3%
MERL 23 12 65.7% 1.92 42.6% 0.74 40.2%
NEO 13 27 32.5% 0.48 52.6% 1.11 38.3%
SUSHI 17 33 34.0% 0.52 46.7% 0.87 35.4%
XAI 19 26 42.2% 0.73 46.5% 0.87 43.7%
AIXBT 18 26 40.9% 0.69 43.7% 0.78 32.4%
SNX 16 27 37.2% 0.59 45.3% 0.83 22.1%
TRB 22 14 61.1% 1.57 42.1% 0.73 42.1%
MOODENG 19 30 38.8% 0.63 40.7% 0.69 36.9%
DYM 17 23 42.5% 0.74 49.5% 0.98 41.4%
MANTA 9 24 27.3% 0.37 18.8% 0.23 25.9%
kFLOKI 23 28 45.1% 0.82 43.5% 0.77 38.2%
GALA 21 22 48.8% 0.95 58.7% 1.42 25.8%
NXPC 13 13 50.0% 1.00 72.4% 2.62 28.9%
PEOPLE 11 23 32.4% 0.48 49.1% 0.96 33.3%
CELO 7 19 26.9% 0.37 49.1% 0.97 39.6%
SOPH 20 26 43.5% 0.77 48.2% 0.93 39.1%
ACE 18 25 41.9% 0.72 41.5% 0.71 23.9%
BRETT 19 20 48.7% 0.95 26.5% 0.36 26.6%
ME 11 20 35.5% 0.55 29.2% 0.41 29.9%
kLUNC 21 13 61.8% 1.62 38.1% 0.61 35.0%
ANIME 24 25 49.0% 0.96 47.1% 0.89 44.2%
TURBO 20 20 50.0% 1.00 30.1% 0.43 31.9%
INIT 8 24 25.0% 0.33 10.1% 0.11 17.6%
UMA 8 21 27.6% 0.38 47.2% 0.89 40.6%
TNSR 18 21 46.2% 0.86 47.9% 0.92 43.9%
BANANA 15 21 41.7% 0.71 32.2% 0.48 35.2%
MOVE 15 22 40.5% 0.68 43.1% 0.76 38.9%
BABY 14 16 46.7% 0.88 43.1% 0.76 19.5%
YGG 15 12 55.6% 1.25 43.3% 0.76 33.1%
PROVE 26 21 55.3% 1.24 47.1% 0.89 32.3%
BIGTIME 15 17 46.9% 0.88 53.0% 1.13 36.9%
NOT 20 17 54.1% 1.18 37.2% 0.59 27.3%
RSR 15 20 42.9% 0.75 46.5% 0.87 31.0%
kNEIRO 12 15 44.4% 0.80 59.0% 1.44 32.6%
GMT 14 17 45.2% 0.82 62.0% 1.63 28.3%
GAS 16 13 55.2% 1.23 24.5% 0.32 26.4%
WCT 8 14 36.4% 0.57 37.9% 0.61 34.5%
HYPER 21 12 63.6% 1.75 44.8% 0.81 20.6%
POLYX 19 11 63.3% 1.73 38.1% 0.62 27.3%

Most long-heavy

share of accounts long
NEAR71.4%842 accounts
PUMP71.2%500 accounts
ENA70.0%537 accounts
SKR69.1%55 accounts
ALT68.9%45 accounts

Most short-heavy

share of accounts long
CFX18.9%53 accounts
GOAT19.3%57 accounts
BOME22.2%63 accounts
GMX22.7%44 accounts
INIT25.0%32 accounts

Tracker coverage and freshness

all Hyperliquid perps · 43.0% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.43B60 s60 s
B3,0003,000$2.94B15 min30 min
C44,6421,997$97.80M4 h15 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); 36.5% 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 FAQ

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 2 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.