Estimated liquidation levels across exchanges, built from open-interest changes, price action and taker flow on our own data — brighter cells mark price zones where more leveraged positions would be liquidated. These are model estimates (leverage cohorts at 10x/25x/50x/100x), not exchange-published figures; dollar values are estimated notional at risk, anchored to open interest. Updates every minute.
The heatmap maps estimated HYPE liquidation levels around the current price of $56.71, built from open-interest changes and price action across exchanges and anchored to open interest. Cluster sizes are model estimates — upper bounds, not exchange-published figures.
HYPE is a special case for liquidation modeling: it is the native token of Hyperliquid, an exchange whose order book and positions live fully on-chain. That means part of the leverage behind HYPE is directly observable rather than estimated — and Coinfuty uses exactly that data, blending real Hyperliquid whale positions into the model that draws this map.
The result is a heatmap where the largest single positions are grounded in observed entry prices and leverage instead of statistical cohorts alone. HYPE's own market structure adds spice: a young token with concentrated ownership and a trading community that leans aggressively long, which tends to paint thick liquidation shelves beneath rallies.
Its whale layer is, because Hyperliquid publishes positions on-chain — large HYPE positions enter the model with their real leverage. The broader flow-based layer carries the same estimation uncertainty as other coins.
This heatmap estimates liquidation levels across all tracked venues over price and time. A whale position map shows individual observed positions at one venue. This page is the modeled, market-wide view for HYPE.
HYPE's trader base has skewed long through most of its history, and long liquidation levels sit below entry. Sustained long positioning stacks inventory beneath the market.