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kPEPE Long/Short Ratio (Hyperliquid)

How kPEPE 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.

72.2% of the 356 tracked Hyperliquid kPEPE positions are long (long/short ratio 2.60). By value, longs hold 45.2% ($14.62M long vs $17.70M short). Positions of $1.00M or more are 29.7% long by value.

46,579 positions in 10,628 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 04:43 UTC

Accounts long356 tracked
72.2% long
Ratio 2.60257 long · 99 short
Value longby size
45.2% long
Ratio 0.83$14.62M$17.70M
Whales long$1.00M+ positions
29.7% long
3 long · 5 short
Coverage of kPEPE OItracked
44.5%
$32.32M tracked · $36.29M OI79.1% checked ≤ 15 min

kPEPE long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 72.2%2.60
Hyperliquid (tracked)position value 45.2%0.83
Binanceaccounts 65.2%1.87
Bybitaccounts 79.2%3.81
Binance top tradersposition value 70.0%2.33

By position size

tracked kPEPE positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K14261 70.0%$407K$139K 74.6%
$10K–$100K8718 82.9%$2.84M$592K 82.7%
$100K–$1M2515 62.5%$6.59M$5.67M 53.8%
$1M and up35 37.5%$4.78M$11.30M 29.7%

Largest tracked kPEPE positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0xfe7c…b7ae Short $4.67M 0.004127 -$99K 0.01837 +335.67% 10× cross 1 min ago
0x2b61…2f6c Short $3.19M 0.004964 $565K 0.01141 +170.66% 5× cross just now
0xeadc…9d55 Long $2.11M 0.003277 $470K — — 10× cross 1 min ago
0x64b7…9da9 Long $1.38M 0.004085 $43K — — 10× cross just now
0xecb6…2b00 Short $1.32M 0.004548 $104K 0.1499 +3455.77% 10× cross 1 min ago
0x153c…319a Long $1.29M 0.002898 $403K — — 10× cross just now
0xc179…e0c8 Short $1.08M 0.004334 $30K 0.04802 +1039.09% 5× cross 1 min ago
0x7fda…17d1 Short $1.05M 0.003908 -$77K 0.1594 +3680.17% 10× cross 1 min ago
0x3574…7227 Long $970K 0.004341 -$29K — — 1× cross 27 min ago
0x27c9…d65d Long $763K 0.004284 -$12K — — 10× cross just now
0x2edd…8179 Short $718K 0.004226 $1,703 0.04598 +990.62% 10× cross just now
0x07fe…5f9f Long $698K 0.004453 -$39K 0.002036 -51.71% 10× cross 22 min ago
0x47f5…b942 Short $693K 0.003462 -$124K 0.01515 +259.23% 10× cross just now
0x123d…3bff Short $672K 0.003846 -$59K 0.03032 +619.19% 10× cross just now
0x45d2…4029 Short $541K 0.003800 -$53K 0.2581 +6021.88% 10× cross 1 min ago
0xa314…3a81 Short $534K 0.004993 $98K 0.01578 +274.31% 10× cross just now
0xa20f…46fa Short $431K 0.003265 -$97K 0.01779 +321.91% 10× cross just now
0x4b67…2c88 Short $427K 0.005154 $95K 0.007230 +71.50% 3× isolated 3 min ago
0x8af7…fa05 Short $407K 0.007044 $273K 0.1911 +4432.49% 10× cross just now
0x023a…2355 Long $400K 0.004217 -$95 — — 10× cross 1 min ago

Tracker coverage and freshness

all Hyperliquid perps · 44.8% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.29B60 s61 s
B3,0003,000$2.94B15 min28 min
C46,3117,328$358.95M4 h14 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); 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. The accounts figure counts each tracked account with an open kPEPE 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.

kPEPE Hyperliquid long/short ratio FAQ

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

The tracked kPEPE positions add up to 44.5% of kPEPE'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.