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 TRX liquidation levels around the current price of $0.3337, 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.
TRX is among the least volatile major tokens in crypto — its role as a stablecoin-settlement chain gives it a steady demand base and unusually narrow trading ranges. On a liquidation heatmap, low volatility compresses everything: zones cluster tightly around spot, and moves that would be rounding errors on other alts are enough to reach them.
That compression cuts both ways for traders. Leverage feels safer on a quiet coin, so positioning creeps closer to price than it would elsewhere — and when TRX does make one of its rare outsized moves, the dense near-price structure can produce a liquidation cascade out of proportion to the headline percentage change.
Because TRON's realized volatility is low, traders run tighter effective leverage and the model's calibrated mix places liquidation prices nearer to entries. Small moves matter more here than on volatile alts.
Rarely but sharply — when a rare volatility spike hits the tightly packed near-price zones, many positions liquidate at once. The compact structure is precisely what makes those episodes outsized.
Coinfuty's tracked TRX futures open interest, price candles and taker volume across major exchanges, re-estimated into liquidation levels every minute.