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 PEPE liquidation levels around the current price of $0.0₅2663, 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.
PEPE is pure leverage-culture trading: a sub-cent memecoin where perp volume routinely dwarfs what its market cap would suggest, and where 20x-50x positioning is common. Liquidation zones on the PEPE map build and burn faster than on any major — a cluster can appear, get swept and fully rebuild within a day during active phases.
Reading a PEPE chart means dealing with prices carrying long runs of leading zeros, which is exactly where a heatmap helps: instead of parsing tiny numbers, you can see at a glance which side of the market is crowded and how far the nearest dense zone sits. Given the coin's volatility, zones well outside the day's range are still live targets.
PEPE open interest turns over extremely fast and leverage is high, so estimated liquidation levels are created and cleared at a much higher rate. The map refreshes every minute to track it.
Yes — the model works in percentage distance from entry price, so the sub-cent quotation makes no difference. Zone intensity is denominated in estimated dollars at risk, not token units.
Uncertainty is somewhat higher: meme markets have noisier flow and faster position churn. The same self-checking against realized liquidations applies, but treat distant zones as rough upper bounds.