HL Book

Hyperliquid positioning, week of 2026-11-08

Read at 10:16 UTC from 123,687 open positions worth $8.63B across the top twelve markets, about 47% of the exchange's open interest. Every number comes from a position's own state, not a model.

Post this week

Long share by market

notional-weighted; 50% is a coin flip
CoinOpen notionalLong sharePositionsMark
BTC$2.97B47%34,98775,892.5
ETH$2.11B50%16,0012,235.35
HYPE$1.65B50%17,91476.952
ZEC$592.69M49%9,8741,264.05
SOL$479.31M49%12,09289.209
XRP$189.03M49%6,3751.161
NEAR$153.14M50%6,3333.709
XMR$152.70M50%3,472601.83
LIT$120.53M51%4,2113.268
UNI$70.15M50%3,8597.028
PUMP$67.93M51%4,3680.004
DOGE$67.20M50%4,2010.071

What a 5% move liquidates

from each position's own liquidation price
Coin−5%: longspositions+5%: shortspositions
BTC$184.19M7,289$36.24M1,344
ETH$150.93M1,385$2.72M276
HYPE$25.00M2,038$9,5628
SOL$10.70M1,474$605.5K292
XRP$6.52M856$156.0K59
PUMP$3.61M367$3,5443

The ten largest books

by gross notional
AddressNetGrossEquityPositions
0x5b5d…c060short $560.53M$560.59M$119.41M23
0xb83d…6e36short $450.69M$451.04M$105.64M30
0x45d2…4029short $133.64M$133.64M$20.35M51
0xfc27…9d9dshort $128.27M$132.40M$25.07M22
0xefe4…194blong $72.82M$123.57M$15.59M6
0xdf95…7d72short $120.92M$121.89M$12.75M152
0x082e…ca88long $106.20M$106.20M$16.89M1
0x7fda…17d1short $96.08M$102.41M$37.32M35
0xb695…a92dshort $99.48M$99.48M$23.24M8
0xecb6…2b00short $78.86M$92.73M$34.58M86

Largest liquidation clusters

BTC, ETH, SOL, HYPE; notional sharing one price bin
CoinSidePrice binNotionalPositions
ETHlong2,000$495.70M3,927
ETHlong1,500$287.37M1,924
ETHshort4,000$256.07M221
ETHshort3,000$189.55M700
BTCshort130,500$184.41M12
ETHshort2,500$164.24M1,318
BTCshort126,000$159.18M8
ETHlong1,000$158.76M551
ETHshort3,500$154.11M345
HYPEshort175$122.57M45

This page re-renders on every visit. For the method, see how we count; for the raw numbers, the API.