KSTR Liquidation Heatmap
Estimated liquidation levels built from open-interest changes, price action and taker flow — model estimates, not exchange-published figures. Totals are anchored to open interest, with both a long and a short liquidation level per contract; clusters far from the current price are upper-bound estimates, since positions closed voluntarily cannot be observed.
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 KSTR liquidation levels around the current price of $23.28, 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.
About the KraneShares SSE STAR Market 50 Index ETF liquidation heatmap
The KraneShares SSE STAR Market 50 Index ETF liquidation heatmap — the KSTR heatmap, or KSTR heat map — plots estimated liquidation levels for KSTR futures by price and time, so you can see where leveraged longs and shorts would be forced out.
The chart above tracks estimated liquidation levels for KraneShares SSE STAR Market 50 Index ETF futures on a price-by-time grid, built entirely from Coinfuty's own market data. Every shift in KSTR open interest is distributed across leverage cohorts from 10x to 100x, and each cohort's projected liquidation price is drawn onto the map — so clusters reveal where leveraged KSTR positions have quietly accumulated.
Brightness is scaled to KSTR's own market: the strongest bands hold the largest estimated notional at risk, with leveraged longs stacking below the current price and shorts above it. Once price trades into a dense band, forced closes tend to feed the move until that inventory is cleared. Widen the time window from 12 hours up to a full year, or switch the exchange selector to rebuild the map from a single venue's own open interest and volume.
Frequently asked questions
Where do the KSTR liquidation levels come from?
They are modeled from Coinfuty's own KSTR futures data — open-interest changes, price action and taker flow — with leverage cohorts calibrated against liquidations that actually happened. Exchanges never publish the liquidation prices of open positions, so every level shown is an estimate of concentrated risk.
What does a bright zone on the KSTR map suggest?
It marks prices where the model places a large amount of leveraged KSTR inventory. Dense zones often behave like magnets — once price reaches them, forced closes add momentum to the move — and a zone fades after the positions behind it are cleared.
How often is the KraneShares SSE STAR Market 50 Index ETF heatmap refreshed?
The grid is re-estimated every minute from the latest candles, so freshly opened leverage shows up as new clusters and swept levels are retired from the map.
Can I view KSTR liquidation levels for one exchange only?
Yes. The exchange selector switches from the aggregated view to a per-exchange map built from that venue's own open interest and volume, which quickly shows where its crowded side sits.