What is a crypto perpetual futures liquidation?
A liquidation is a forced position reduction or closure when a trader's margin can no longer support the leveraged perpetual futures position under the venue's risk rules.
Crypto Liquidations Dashboard
Crypto Perpetual Futures Liquidations | Last 24 Hours
In the last 24 hours, $7.05B in cryptocurrency perpetual futures positions were liquidated across all tracked exchanges: $6.53B in long liquidations (96,284 events) and $517.63M in short liquidations (35,178 events). The latest event in this data snapshot was recorded at .
Liquidations by Exchange (24h)
| Rank | Exchange | Total Liquidated (USD) | Long Liquidations (USD) | Short Liquidations (USD) | Events |
|---|---|---|---|---|---|
| 1 | Binance | $6.78B | $6.32B | $460.83M | 53,649 |
| 2 | OKX | $69.43M | $50.40M | $19.03M | 18,449 |
| 3 | Bybit | $67.82M | $56.82M | $11.00M | 20,646 |
| 4 | Hyperliquid | $63.48M | $54.71M | $8.77M | 17,021 |
| 5 | Bitget | $25.98M | $20.97M | $5.01M | 7,003 |
| 6 | Gate.io | $25.07M | $20.40M | $4.67M | 7,910 |
| 7 | HTX | $7.89M | $1.82M | $6.07M | 2,206 |
| 8 | Trade[XYZ] | $6.58M | $5.42M | $1.16M | 2,538 |
| 9 | Aster | $4.63M | $3.61M | $1.01M | 919 |
| 10 | Extended | $1.57M | $1.57M | $5.53K | 115 |
| 11 | Lighter | $851.08K | $774.40K | $76.68K | 847 |
| 12 | Nado | $311.43K | $302.88K | $8.55K | 91 |
| 13 | Pacifica | $295.75K | $267.49K | $28.26K | 133 |
| 14 | Paragon | $102.21K | $90.35K | $11.86K | 105 |
| 15 | EntropyIO | $21.54K | $21.51K | $31.99 | 15 |
Most-Liquidated Symbols (24h)
| Rank | Symbol | Total Liquidated (USD) | Long Liquidations (USD) | Short Liquidations (USD) | Events |
|---|---|---|---|---|---|
| 1 | BTCUSD_PERP | $6.27B | $5.85B | $414.98M | 80 |
| 2 | ETHUSD_PERP | $278.57M | $272.58M | $5.99M | 42 |
| 3 | BTCUSDT | $90.58M | $68.35M | $22.23M | 4,584 |
| 4 | ETHUSDT | $79.08M | $66.48M | $12.60M | 3,527 |
| 5 | BTC | $38.36M | $32.86M | $5.50M | 4,722 |
| 6 | XRPUSDT | $21.14M | $16.34M | $4.80M | 3,126 |
| 7 | SOLUSDT | $16.91M | $14.66M | $2.24M | 1,844 |
| 8 | ZECUSDT | $15.44M | $9.83M | $5.61M | 2,819 |
| 9 | DOGEUSDT | $12.06M | $10.71M | $1.34M | 1,651 |
| 10 | BTC_USDT | $11.94M | $9.86M | $2.08M | 1,032 |
| 11 | NEARUSDT | $9.07M | $6.45M | $2.62M | 2,182 |
| 12 | ETH | $6.47M | $6.10M | $375.85K | 1,158 |
| 13 | BCHUSDT | $5.46M | $3.14M | $2.33M | 1,529 |
| 14 | ETH_USDT | $5.40M | $4.44M | $967.36K | 544 |
| 15 | 1000PEPEUSDT | $5.01M | $4.63M | $375.25K | 956 |
| 16 | UNIUSDT | $4.73M | $3.77M | $952.91K | 1,352 |
| 17 | ETH-USDT | $4.56M | $725.55K | $3.83M | 525 |
| 18 | SUIUSDT | $4.48M | $4.15M | $323.10K | 827 |
| 19 | BNBUSD_PERP | $3.86M | $3.86M | $0 | 35 |
| 20 | TRUMPUSDT | $3.83M | $3.62M | $209.01K | 846 |
| 21 | XRP | $3.77M | $3.21M | $555.89K | 1,188 |
| 22 | WLDUSDT | $3.48M | $3.46M | $22.47K | 674 |
| 23 | SNDKUSDT | $3.20M | $2.83M | $362.36K | 459 |
| 24 | HYPEUSDT | $3.16M | $2.84M | $325.62K | 716 |
| 25 | TAKEUSDT | $3.08M | $1.48M | $1.60M | 1,451 |
| 26 | ZEC | $3.08M | $1.94M | $1.14M | 759 |
| 27 | ADAUSDT | $3.05M | $2.41M | $644.03K | 713 |
| 28 | ARBUSDT | $3.03M | $2.14M | $883.64K | 1,071 |
| 29 | ETHUSDC | $2.87M | $2.63M | $241.51K | 171 |
| 30 | MUBARAKUSDT | $2.84M | $1.71M | $1.13M | 3,337 |
What is a Crypto Liquidation?
A liquidation occurs when a leveraged perpetual futures position is force-closed because the trader's margin can no longer cover unrealized losses. Long liquidations happen when price drops far enough to wipe out long-side margin; short liquidations happen on rapid upward moves. Liquidation cascades — where each liquidation pushes price further into the next tier of stops — are a core mechanic behind violent moves in crypto perpetual futures.
FAQs
Live crypto liquidation questions
The feed aggregates forced perpetual futures position closures across supported exchanges as they are reported.
What is the difference between long and short liquidations?
A long liquidation closes a leveraged long after adverse price movement, usually by selling. A short liquidation closes a leveraged short, usually by buying.
What does the largest liquidation show?
It is the biggest single reported forced close in the current feed. It can highlight an exceptional position, while aggregate totals show whether liquidations are broad across many traders.
What is a liquidation cascade?
A cascade occurs when forced orders move price enough to trigger additional margin failures and liquidations. Thin books and concentrated leverage can amplify the sequence.
Does a liquidation feed include every liquidation?
No public feed can guarantee complete market-wide coverage. Exchanges expose different data, symbols, and reporting granularity, so the dashboard reflects supported venue events rather than every forced close in crypto.