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DEFI Markets Derivatives Hyperliquid Daily Liquidations

DeFi

The total USD value of leveraged positions forcibly closed on Hyperliquid within a single day Shown here for SOL.

Why it matters

To measure how much leverage is being wiped out by margin calls on the exchange on any given day.

How it is built

Summing the notional value of all long and short perpetual positions that were automatically closed after breaching maintenance margin, aggregated per day.

What to watch

Large liquidation spikes often coincide with sharp price moves and can trigger cascading forced selling or buying, making this a key gauge of market stress.

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