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EIGEN Long/Short Ratio (Hyperliquid)

How EIGEN 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.

46.7% of the 152 tracked Hyperliquid EIGEN positions are long (long/short ratio 0.88). By value, longs hold 50.7% ($2.30M long vs $2.24M short).

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

Accounts long152 tracked
46.7% long
Ratio 0.8871 long · 81 short
Value longby size
50.7% long
Ratio 1.03$2.30M$2.24M
Whales long$1.00M+ positions
—
0 long · 0 short
Coverage of EIGEN OItracked
41.2%
$4.54M tracked · $5.51M OI64.8% checked ≤ 15 min

EIGEN long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 46.7%0.88
Hyperliquid (tracked)position value 50.7%1.03
Binanceaccounts 65.1%1.87
Bybitaccounts 69.3%2.26
Binance top tradersposition value 78.7%3.69

By position size

tracked EIGEN positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K5158 46.8%$63K$91K 41.0%
$10K–$100K1617 48.5%$492K$717K 40.7%
$100K–$1M46 40.0%$1.75M$1.43M 55.0%
$1M and up00—$0$0—

Largest tracked EIGEN positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0x7160…d47c Long $606K 0.2812 -$42K 0.08909 -66.11% 5× cross 17 min ago
0xecb6…2b00 Short $456K 0.2280 -$61K 26.160 +9850.56% 5× cross 1 min ago
0x08c1…1135 Long $413K 0.1960 $105K — — 5× cross just now
0xd214…69ec Long $394K 0.2286 $51K 0.1360 -48.25% 5× cross 4 min ago
0x1271…b05f Short $342K 0.2420 -$27K 0.4937 +87.79% 5× cross 5 min ago
0x0813…79e5 Long $335K 0.2254 $48K — — 5× cross 15 min ago
0x7717…bd7e Short $289K 0.2638 $991 5.688 +2063.57% 5× cross just now
0xdf52…59fc Short $123K 0.2499 -$6,061 0.9905 +276.75% 5× cross 4 min ago
0x5647…e7de Short $116K 0.2595 -$1,496 6.274 +2286.45% 5× cross 1 min ago
0x936c…bb0f Short $104K 0.2745 $4,590 70.750 +26811.29% 3× cross 1 min ago
0x985f…501f Short $78K 1.247 $290K 4.625 +1659.12% 5× cross 8 min ago
0xacb6…efbd Short $77K 0.2361 -$7,872 26.084 +9821.66% 5× cross 1 min ago
0x980d…01e1 Long $74K 0.2453 $4,940 0.1690 -35.72% 5× cross 6 min ago
0x472c…bf4b Short $66K 0.2523 -$2,667 4.508 +1614.65% 3× cross 23 min ago
0x6920…f48a Long $60K 0.2001 $14K — — 5× cross 25 min ago
0xdf95…7d72 Short $53K 0.2767 $2,766 126.88 +48162.59% 5× cross 1 min ago
0xeafe…d739 Long $53K 0.2716 -$1,740 — — 5× cross 8 min ago
0x1a94…a538 Long $48K 0.2410 $3,961 — — 5× cross 19 min ago
0x31ca…974b Short $47K 0.2700 $1,281 16.526 +6185.97% 20× cross 26 min ago
0xfe3b…ea34 Short $47K 0.2457 -$3,049 0.9143 +247.79% 1× cross 11 h ago

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 EIGEN 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.

EIGEN Hyperliquid long/short ratio FAQ

How is the Hyperliquid EIGEN 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 EIGEN open interest does this cover?

The tracked EIGEN positions add up to 41.2% of EIGEN'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.