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AVAX Long/Short Ratio (Hyperliquid)

How AVAX traders on Hyperliquid are positioned: tracked accounts long vs short, position value long vs short, the split by position size and the largest positions, from real on-chain positions. Compare it with the Binance and Bybit ratios below.

59.3% of the 442 tracked Hyperliquid AVAX positions are long (long/short ratio 1.46). By value, longs hold 47.8% ($13.16M long vs $14.35M short). Positions of $1.00M or more are 53.7% long by value.

47,566 positions in 10,867 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 05:58 UTC

Accounts long442 tracked
59.3% long
Ratio 1.46262 long · 180 short
Value longby size
47.8% long
Ratio 0.92$13.16M$14.35M
Whales long$1.00M+ positions
53.7% long
2 long · 2 short
Coverage of AVAX OItracked
43.3%
$27.50M tracked · $31.77M OI77.6% checked ≤ 15 min

AVAX long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 59.3%1.46
Hyperliquid (tracked)position value 47.8%0.92
Binanceaccounts 69.5%2.28
Bybitaccounts 73.6%2.79
Binance top tradersposition value 74.0%2.85

By position size

tracked AVAX positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K174101 63.3%$354K$230K 60.6%
$10K–$100K6649 57.4%$2.16M$1.85M 53.9%
$100K–$1M2028 41.7%$5.65M$7.96M 41.5%
$1M and up22 50.0%$4.99M$4.31M 53.7%

Largest tracked AVAX positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0xb581…6f4f Long $2.87M 11.115 -$134K — — 3× cross 1 min ago
0x7d0c…1b28 Short $2.48M 10.722 $24K 26.278 +147.46% 10× cross just now
0xeadc…9d55 Long $2.12M 8.107 $503K — — 10× cross 1 min ago
0x7737…bf66 Short $1.82M 7.435 -$546K 125.06 +1077.69% 10× cross 1 min ago
0x2edd…8179 Short $868K 10.995 $31K 100.59 +847.23% 10× cross 1 min ago
0xcac1…26b3 Long $763K 6.405 $303K — — 10× cross 1 min ago
0x023a…2355 Short $693K 11.130 $33K 226.94 +2037.10% 10× cross 1 min ago
0x7fda…17d1 Short $662K 13.209 $161K 643.86 +5963.31% 10× cross just now
0x07fd…689d Short $633K 10.097 -$31K 126.81 +1094.17% 10× cross just now
0x084e…9948 Long $627K 11.279 -$39K 8.679 -18.27% 10× cross 27 min ago
0x154d…8b51 Long $584K 10.894 -$15K 9.795 -7.76% 10× cross 24 min ago
0x123d…3bff Long $571K 6.557 $218K — — 10× cross 1 min ago
0x61ce…a62b Short $530K 7.058 -$178K 20.202 +90.24% 10× cross just now
0x24de…6fd2 Long $458K 11.000 -$16K 6.322 -40.46% 10× cross 15 min ago
0xa20f…46fa Short $448K 9.344 -$54K 47.191 +344.40% 10× cross 1 min ago
0xfdf1…67fe Short $361K 7.755 -$97K 19.778 +86.25% 10× cross 13 min ago
0x3bca…66f3 Short $344K 10.981 $12K 219.27 +1964.84% 10× cross 9 min ago
0x8b9d…7b28 Short $339K 10.573 -$1,476 82.998 +681.60% 10× cross just now
0x8165…3dde Long $323K 6.158 $136K 4.539 -57.26% 10× cross 13 min ago
0xd4c1…3d1d Short $320K 11.020 $12K 198.88 +1772.89% 10× cross just now

Tracker coverage and freshness

all Hyperliquid perps · 45.2% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.21B60 s60 s
B3,0003,000$2.93B15 min29 min
C46,6717,567$371.00M4 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); 38.2% 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 figure counts each tracked account with an open AVAX position once; the value figure weighs positions by size. Binance and Bybit publish their own ratios for all their users; the Hyperliquid figures here are computed from the public positions of the wallets this site tracks. Not financial advice.

AVAX Hyperliquid long/short ratio FAQ

How is the Hyperliquid AVAX 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 much of AVAX open interest does this cover?

The tracked AVAX positions add up to 43.3% of AVAX's open interest on Hyperliquid (tracked long plus short value divided by twice the open interest, since every long has a matching short).

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.