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Hyperliquid Long/Short Ratio

How Hyperliquid traders are positioned, coin by coin: the share of tracked accounts that are long and the share of position value that is long, computed from real on-chain positions rather than an exchange-published figure. A long/short ratio above 1 means more longs than shorts.

Right now 61.9% of tracked Hyperliquid accounts with a BTC position are long (long/short ratio 1.62), holding 50.4% of the tracked BTC position value. Across all coins, 69.4% of 10,564 tracked accounts are net long.

46,424 positions in 10,564 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 03:58 UTC

BTC accounts longHyperliquid
61.9% long
Ratio 1.623,781 accounts
BTC value longby size
50.4% long
$1.40B$1.37B
Accounts net longall coins
69.4%
7,334 net long · 3,230 net short
Whales long$1M+ positions
48.4% long
1,564 positions · whale tracker

Long/short ratio by coin

coins with 10+ tracked positions, by open interest
Coin Long accounts Short accounts Accounts long Ratio Value long Value ratio Coverage
BTC 2,339 1,442 61.9% 1.62 50.4% 1.02 44.2%
ETH 1,571 764 67.3% 2.06 49.4% 0.98 47.0%
HYPE 1,874 1,001 65.2% 1.87 53.6% 1.16 43.1%
ZEC 1,193 644 64.9% 1.85 50.2% 1.01 45.6%
SOL 998 475 67.8% 2.10 48.5% 0.94 46.0%
NEAR 1,058 369 74.1% 2.87 52.0% 1.08 42.8%
XRP 566 265 68.1% 2.14 49.6% 0.98 46.4%
PUMP 626 250 71.5% 2.50 50.8% 1.03 45.4%
LIT 545 247 68.8% 2.21 53.0% 1.13 43.6%
ENA 640 253 71.7% 2.53 49.7% 0.99 44.5%
DOGE 368 185 66.5% 1.99 51.3% 1.05 45.1%
UNI 452 212 68.1% 2.13 52.6% 1.11 42.1%
XPL 409 216 65.4% 1.89 50.1% 1.00 46.6%
SUI 400 252 61.3% 1.59 50.5% 1.02 41.9%
LINK 349 177 66.3% 1.97 50.6% 1.03 44.1%
TAO 513 188 73.2% 2.73 50.7% 1.03 43.5%
WLD 411 190 68.4% 2.16 51.0% 1.04 44.2%
ONDO 448 220 67.1% 2.04 49.6% 0.98 41.1%
AAVE 311 147 67.9% 2.12 51.2% 1.05 44.8%
XMR 313 156 66.7% 2.01 49.2% 0.97 44.2%
GRAM 216 126 63.2% 1.71 50.1% 1.01 45.1%
VVV 366 176 67.5% 2.08 51.1% 1.04 45.2%
ZRO 232 145 61.5% 1.60 51.5% 1.06 45.6%
LTC 321 170 65.4% 1.89 51.6% 1.07 41.9%
PONS 396 195 67.0% 2.03 45.7% 0.84 43.2%
BNB 282 153 64.8% 1.84 50.0% 1.00 42.4%
MON 156 173 47.4% 0.90 54.3% 1.19 44.0%
ADA 203 149 57.7% 1.36 49.3% 0.97 46.9%
CASHCAT 297 162 64.7% 1.83 49.3% 0.97 43.4%
kPEPE 256 96 72.7% 2.67 45.2% 0.82 44.3%
FARTCOIN 230 150 60.5% 1.53 45.9% 0.85 43.8%
AERO 216 148 59.3% 1.46 51.0% 1.04 41.9%
GRASS 141 154 47.8% 0.92 53.6% 1.16 44.4%
ARB 322 157 67.2% 2.05 48.0% 0.92 42.4%
AVAX 259 171 60.2% 1.51 48.4% 0.94 41.7%
JUP 207 113 64.7% 1.83 50.7% 1.03 41.1%
ASTER 204 139 59.5% 1.47 55.8% 1.26 35.1%
PAXG 97 97 50.0% 1.00 46.7% 0.88 39.7%
PENGU 252 110 69.6% 2.29 46.6% 0.87 41.9%
CRV 155 119 56.6% 1.30 49.4% 0.98 35.8%
ETHFI 185 117 61.3% 1.58 52.6% 1.11 41.9%
XLM 147 114 56.3% 1.29 51.0% 1.04 41.9%
PURR 143 140 50.5% 1.02 50.7% 1.03 43.8%
LDO 123 95 56.4% 1.29 58.0% 1.38 40.3%
PENDLE 170 98 63.4% 1.73 52.4% 1.10 39.1%
kBONK 82 88 48.2% 0.93 51.7% 1.07 43.1%
TRX 116 90 56.3% 1.29 49.7% 0.99 37.7%
INJ 148 80 64.9% 1.85 42.5% 0.74 42.5%
FET 128 78 62.1% 1.64 47.8% 0.92 43.1%
CHIP 105 96 52.2% 1.09 50.8% 1.03 43.8%
TRUMP 121 169 41.7% 0.72 47.7% 0.91 40.8%
VIRTUAL 151 91 62.4% 1.66 53.3% 1.14 41.8%
USELESS 158 103 60.5% 1.53 44.6% 0.80 40.7%
WLFI 62 118 34.4% 0.53 47.7% 0.91 44.5%
HBAR 127 95 57.2% 1.34 51.3% 1.05 39.7%
BCH 137 104 56.8% 1.32 49.5% 0.98 41.3%
FIL 103 91 53.1% 1.13 48.4% 0.94 44.6%
SKY 127 69 64.8% 1.84 50.2% 1.01 41.6%
MORPHO 147 96 60.5% 1.53 51.6% 1.06 38.9%
JTO 111 88 55.8% 1.26 50.3% 1.01 43.3%
SPX 83 94 46.9% 0.88 46.9% 0.88 42.7%
WIF 81 88 47.9% 0.92 55.2% 1.23 41.8%
SYRUP 90 66 57.7% 1.36 53.2% 1.13 40.4%
STRK 110 84 56.7% 1.31 46.7% 0.88 41.2%
POL 107 78 57.8% 1.37 54.3% 1.19 39.8%
MNT 85 65 56.7% 1.31 53.4% 1.15 40.6%
NIL 86 74 53.8% 1.16 54.4% 1.19 37.9%
MEGA 51 78 39.5% 0.65 53.3% 1.14 44.7%
CC 102 78 56.7% 1.31 47.6% 0.91 35.0%
ETC 80 70 53.3% 1.14 53.5% 1.15 40.6%
DOT 131 99 57.0% 1.32 47.4% 0.90 37.4%
SEI 88 98 47.3% 0.90 46.0% 0.85 42.1%
TIA 74 69 51.7% 1.07 48.0% 0.92 42.7%
APT 129 91 58.6% 1.42 45.5% 0.84 39.7%
EIGEN 73 76 49.0% 0.96 51.3% 1.05 40.6%
IMX 30 65 31.6% 0.46 57.8% 1.37 42.2%
MET 92 59 60.9% 1.56 46.3% 0.86 42.4%
AR 48 90 34.8% 0.53 47.8% 0.91 41.6%
W 57 70 44.9% 0.81 51.0% 1.04 45.8%
CAKE 103 59 63.6% 1.75 47.2% 0.89 35.0%
DASH 79 75 51.3% 1.05 44.1% 0.79 40.5%
2Z 61 49 55.5% 1.24 59.1% 1.44 39.6%
ICP 108 86 55.7% 1.26 43.4% 0.77 33.7%
BOME 25 72 25.8% 0.35 54.9% 1.22 45.1%
RENDER 138 74 65.1% 1.86 42.9% 0.75 37.5%
OP 79 75 51.3% 1.05 46.9% 0.88 41.5%
0G 36 62 36.7% 0.58 57.4% 1.35 41.2%
CFX 21 57 26.9% 0.37 52.3% 1.09 45.3%
ALGO 102 69 59.6% 1.48 40.8% 0.69 37.6%
kSHIB 72 57 55.8% 1.26 52.7% 1.11 39.0%
MINA 57 30 65.5% 1.90 40.8% 0.69 39.9%
ENS 26 54 32.5% 0.48 55.6% 1.25 42.7%
APEX 28 58 32.6% 0.48 53.4% 1.15 44.6%
LINEA 39 57 40.6% 0.68 57.6% 1.36 39.0%
ATOM 100 56 64.1% 1.79 43.3% 0.76 38.4%
PYTH 99 43 69.7% 2.30 46.6% 0.87 40.6%
POPCAT 46 52 46.9% 0.88 45.1% 0.82 43.8%
KAS 85 46 64.9% 1.85 37.3% 0.60 29.9%
DYDX 53 55 49.1% 0.96 47.3% 0.90 41.1%
RUNE 57 64 47.1% 0.89 26.8% 0.37 27.9%
STBL 38 46 45.2% 0.83 49.9% 1.00 47.2%
KAITO 68 84 44.7% 0.81 44.9% 0.81 40.0%
BERA 50 47 51.5% 1.06 50.6% 1.03 45.5%
ZEN 33 52 38.8% 0.63 44.1% 0.79 36.9%
APE 48 57 45.7% 0.84 48.3% 0.93 43.3%
MELANIA 41 49 45.6% 0.84 49.4% 0.98 45.8%
REZ 33 54 37.9% 0.61 48.2% 0.93 43.3%
GOAT 27 57 32.1% 0.47 57.3% 1.34 41.3%
PNUT 34 47 42.0% 0.72 54.7% 1.21 43.3%
ZORA 32 52 38.1% 0.62 53.5% 1.15 41.6%
HMSTR 23 39 37.1% 0.59 57.0% 1.33 42.9%
RESOLV 34 47 42.0% 0.72 53.3% 1.14 42.4%
SKR 58 34 63.0% 1.71 45.3% 0.83 40.9%
BIO 37 39 48.7% 0.95 60.4% 1.52 38.1%
AZTEC 42 50 45.7% 0.84 50.5% 1.02 42.5%
BLUR 36 36 50.0% 1.00 50.6% 1.03 45.8%
GRIFFAIN 30 39 43.5% 0.77 51.7% 1.07 45.7%
BSV 39 34 53.4% 1.15 42.7% 0.75 41.2%
STX 64 37 63.4% 1.73 51.3% 1.05 25.3%
AVNT 53 40 57.0% 1.33 43.4% 0.77 31.3%
IOTA 26 40 39.4% 0.65 49.2% 0.97 41.1%
SAGA 47 41 53.4% 1.15 47.5% 0.90 38.2%
COMP 33 50 39.8% 0.66 49.5% 0.98 41.3%
ZETA 53 31 63.1% 1.71 50.6% 1.03 45.7%
IO 40 26 60.6% 1.54 44.2% 0.79 42.7%
GMX 21 40 34.4% 0.52 46.3% 0.86 38.1%
ALT 44 19 69.8% 2.32 48.7% 0.95 47.4%
HEMI 32 52 38.1% 0.62 52.8% 1.12 42.1%
FOGO 33 34 49.3% 0.97 53.8% 1.17 31.6%
S 44 37 54.3% 1.19 59.6% 1.48 34.4%
ZK 33 45 42.3% 0.73 46.2% 0.86 39.7%
ORDI 31 42 42.5% 0.74 42.5% 0.74 36.3%
SUPER 35 30 53.8% 1.17 26.7% 0.36 29.9%
STABLE 30 36 45.5% 0.83 48.9% 0.96 39.6%
LAYER 30 34 46.9% 0.88 49.3% 0.97 46.9%
SAND 42 32 56.8% 1.31 54.5% 1.20 34.8%
MEME 36 24 60.0% 1.50 47.5% 0.91 46.3%
NEO 24 30 44.4% 0.80 50.6% 1.02 39.2%
TRB 37 18 67.3% 2.06 43.2% 0.76 40.6%
MERL 38 20 65.5% 1.90 46.4% 0.87 43.3%
USUAL 39 24 61.9% 1.63 51.4% 1.06 35.6%
XAI 31 34 47.7% 0.91 47.4% 0.90 45.1%
AXS 47 33 58.8% 1.42 46.1% 0.85 42.7%
SUSHI 29 45 39.2% 0.64 49.2% 0.97 37.6%
MOODENG 33 39 45.8% 0.85 41.5% 0.71 38.2%
AIXBT 39 35 52.7% 1.11 44.9% 0.81 38.6%
SNX 24 39 38.1% 0.62 41.8% 0.72 25.0%
DYM 34 36 48.6% 0.94 49.4% 0.98 45.8%
MANTA 16 37 30.2% 0.43 22.1% 0.28 29.4%
GALA 35 35 50.0% 1.00 59.2% 1.45 29.6%
kFLOKI 37 32 53.6% 1.16 45.5% 0.84 42.2%
NXPC 21 19 52.5% 1.11 60.1% 1.50 34.9%
PEOPLE 21 39 35.0% 0.54 42.6% 0.74 39.0%
CELO 18 30 37.5% 0.60 50.8% 1.03 41.7%
ACE 34 34 50.0% 1.00 48.3% 0.93 30.6%
BRETT 31 32 49.2% 0.97 36.8% 0.58 32.4%
SOPH 39 33 54.2% 1.18 53.4% 1.15 47.8%
TURBO 26 30 46.4% 0.87 28.3% 0.39 31.2%
ME 22 24 47.8% 0.92 32.3% 0.48 31.3%
kLUNC 29 31 48.3% 0.94 44.3% 0.80 40.9%
ANIME 28 34 45.2% 0.82 49.0% 0.96 46.4%
INIT 16 35 31.4% 0.46 15.9% 0.19 20.5%
TNSR 26 28 48.1% 0.93 48.4% 0.94 43.9%
UMA 21 29 42.0% 0.72 49.4% 0.98 43.5%
MOVE 26 25 51.0% 1.04 47.2% 0.89 42.6%
YGG 20 20 50.0% 1.00 49.3% 0.97 38.0%
BANANA 22 32 40.7% 0.69 48.7% 0.95 43.2%
PROVE 31 32 49.2% 0.97 47.4% 0.90 33.6%
BABY 20 31 39.2% 0.65 40.0% 0.67 22.8%
RSR 24 34 41.4% 0.71 47.0% 0.89 34.6%
kNEIRO 21 23 47.7% 0.91 58.2% 1.39 34.8%
BIGTIME 23 23 50.0% 1.00 55.8% 1.26 39.2%
NOT 36 20 64.3% 1.80 50.0% 1.00 36.5%
GMT 24 22 52.2% 1.09 64.0% 1.77 29.3%
GAS 24 18 57.1% 1.33 24.9% 0.33 27.9%
WCT 12 22 35.3% 0.55 47.5% 0.91 41.1%
HYPER 24 21 53.3% 1.14 56.2% 1.28 23.7%
POLYX 27 22 55.1% 1.23 53.1% 1.13 40.3%

Most long-heavy

share of accounts long
NEAR74.1%1,427 accounts
TAO73.2%701 accounts
kPEPE72.7%352 accounts
ENA71.7%893 accounts
PUMP71.5%876 accounts

Most short-heavy

share of accounts long
BOME25.8%97 accounts
CFX26.9%78 accounts
MANTA30.2%53 accounts
INIT31.4%51 accounts
IMX31.6%95 accounts

Tracker coverage and freshness

all Hyperliquid perps · 44.8% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.26B60 s60 s
B3,0003,000$2.95B15 min29 min
C46,2007,265$357.22M4 h15 h

Tier A is the 300 wallets with the largest positions; B the next ones; C everyone else. Hyperliquid's API rate limit decides how often the smaller tiers can be checked, so their actual cycle can be longer than the target. Coverage is tracked value ÷ (2 × Hyperliquid open interest); 37.8% was checked in the last 15 minutes. Wallets not checked for 48 hours are left out of this page.

How to read it. The accounts ratio counts each tracked account once per coin (long accounts ÷ short accounts); the value ratio weighs positions by size at the mark price. They often disagree: many small accounts can be long while a few large ones are short. Only wallets this site tracks are counted, and wallets not checked for 48 hours are left out. Not financial advice.

Hyperliquid long/short ratio FAQ

How is the Hyperliquid long/short ratio calculated?

From the real open positions of the Hyperliquid wallets this site tracks. The accounts ratio counts every account with an open position once: the number of accounts long divided by the number short. The value ratio weighs positions by size at the mark price, so a few large traders can outweigh many small ones.

How is it different from the Binance or Bybit long/short ratio?

Binance and Bybit publish their own ratios; you have to trust their numbers. Hyperliquid is an on-chain exchange, so its positions are public and this ratio is computed directly from them. It covers the wallets this site tracks, not every account, so it is a large sample rather than the full market.

How often does it update?

The positions are reloaded every 2 minutes. The 300 largest wallets are re-checked every minute, smaller ones every few hours, and wallets not checked for 48 hours are left out.

Is a high long/short ratio bullish?

Not on its own. Crowded positioning can unwind sharply: a market where most accounts are long can fall fast if those longs are forced to sell. Compare the accounts ratio with the value ratio to see whether the crowd and the large traders agree. This is market data, not financial advice.