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AVAX Long/Short Ratio (Hyperliquid)

How AVAX traders on Hyperliquid are positioned: tracked accounts long vs short, position value long vs short, the split by position size and the largest positions, from real on-chain positions. Compare it with the Binance and Bybit ratios below.

61.1% of the 427 tracked Hyperliquid AVAX positions are long (long/short ratio 1.57). By value, longs hold 48.5% ($13.00M long vs $13.79M short). Positions of $1.00M or more are 55.1% long by value.

45,823 positions in 10,454 tracked walletsHyperliquid native perpsRefreshed every 2 minAs of 03:06 UTC

Accounts long427 tracked
61.1% long
Ratio 1.57261 long · 166 short
Value longby size
48.5% long
Ratio 0.94$13.00M$13.79M
Whales long$1.00M+ positions
55.1% long
2 long · 2 short
Coverage of AVAX OItracked
41.6%
$26.80M tracked · $32.18M OI76.8% checked ≤ 15 min

AVAX long/short: Hyperliquid vs Binance and Bybit

share long
SourceCountsShare longRatio
Hyperliquid (tracked)accounts 61.1%1.57
Hyperliquid (tracked)position value 48.5%0.94
Binanceaccounts 69.5%2.28
Bybitaccounts 73.9%2.83
Binance top tradersposition value 73.5%2.78

By position size

tracked AVAX positions at the mark price
Position sizeLongShortAccounts longLong valueShort valueValue long
Under $10K17291 65.4%$348K$222K 61.1%
$10K–$100K6848 58.6%$2.23M$1.86M 54.5%
$100K–$1M1925 43.2%$5.34M$7.56M 41.4%
$1M and up22 50.0%$5.09M$4.15M 55.1%

Largest tracked AVAX positions

top 20 by size · all coins
WalletSideSizeEntryUnrealised PnLLiq. priceDistanceLeverageChecked
0xb581…6f4f Long $2.92M 11.115 -$80K — — 3× cross just now
0x7d0c…1b28 Short $2.29M 10.724 -$20K 28.408 +162.59% 10× cross just now
0xeadc…9d55 Long $2.16M 8.107 $543K — — 10× cross just now
0x7737…bf66 Short $1.86M 7.435 -$580K 127.88 +1082.06% 10× cross just now
0x2edd…8179 Short $884K 10.995 $14K 96.312 +790.30% 10× cross just now
0xcac1…26b3 Long $778K 6.405 $317K — — 10× cross just now
0x023a…2355 Short $731K 11.130 $21K 217.74 +1912.78% 10× cross just now
0x7fda…17d1 Short $674K 13.209 $149K 667.74 +6072.48% 10× cross just now
0x07fd…689d Short $658K 10.093 -$44K 121.14 +1019.82% 10× cross 1 min ago
0x084e…9948 Long $639K 11.279 -$27K 8.679 -19.77% 10× cross 2 min ago
0x154d…8b51 Long $595K 10.894 -$4,186 9.795 -9.46% 10× cross 28 min ago
0x123d…3bff Long $581K 6.557 $229K — — 10× cross just now
0x61ce…a62b Short $540K 7.058 -$188K 20.202 +86.74% 10× cross 1 min ago
0x24de…6fd2 Long $467K 11.000 -$7,848 6.322 -41.56% 10× cross 19 min ago
0xa20f…46fa Short $456K 9.344 -$62K 42.173 +289.84% 10× cross just now
0xd4c1…3d1d Short $394K 11.020 $7,367 193.58 +1689.40% 10× cross 1 min ago
0xfdf1…67fe Short $368K 7.755 -$104K 19.778 +82.82% 10× cross 17 min ago
0x3bca…66f3 Short $351K 10.981 $5,272 219.27 +1926.85% 10× cross 13 min ago
0x8165…3dde Long $329K 6.158 $142K 4.446 -58.90% 10× cross 17 min ago
0x654e…0c4a Short $291K 9.817 -$27K 26.448 +144.48% 10× cross 23 min ago

Tracker coverage and freshness

all Hyperliquid perps · 44.7% of OI
TierWalletsWith positionsTracked valueTarget cycleActual cycle
A300300$8.33B60 s60 s
B3,0003,000$2.96B15 min29 min
C46,0247,153$353.59M4 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); 38.0% 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 figure counts each tracked account with an open AVAX position once; the value figure weighs positions by size. Binance and Bybit publish their own ratios for all their users; the Hyperliquid figures here are computed from the public positions of the wallets this site tracks. Not financial advice.

AVAX Hyperliquid long/short ratio FAQ

How is the Hyperliquid AVAX 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 much of AVAX open interest does this cover?

The tracked AVAX positions add up to 41.6% of AVAX's open interest on Hyperliquid (tracked long plus short value divided by twice the open interest, since every long has a matching short).

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.