PHAROS Liquidation Heatmap

Estimated liquidation levels built from open-interest changes, price action and taker flow — model estimates, not exchange-published figures. This coin's daily range topped 15% on a quarter of the last two weeks' days, so Auto assumes a lower-leverage mix (5–25×) — it tracks realized liquidations better on high-volatility coins. 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.
$0≥ $10.01K (±0.2% zone)

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 5x/10x/20x/25x), not exchange-published figures; dollar values are estimated notional at risk, anchored to open interest. Updates every minute.

The heatmap maps estimated PHAROS liquidation levels around the current price of $0.8075, 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 Pharos liquidation heatmap

The Pharos liquidation heatmap — the PHAROS heatmap, or PHAROS heat map — plots estimated liquidation levels for PHAROS 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 Pharos futures on a price-by-time grid, built entirely from Coinfuty's own market data. Every shift in PHAROS 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 PHAROS positions have quietly accumulated.

Brightness is scaled to PHAROS'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 PHAROS liquidation levels come from?

They are modeled from Coinfuty's own PHAROS 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 PHAROS map suggest?

It marks prices where the model places a large amount of leveraged PHAROS 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 Pharos 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 PHAROS 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.

Go deeper

Coin liquidation heatmaps