PerpGuard
Hyperliquid ยท measured 14 November 2026

What liquidations have done to APT traders

Over the last 85 days we recorded 154 APT positions closed by the exchange across 110 separate accounts. Each one read back from the fills Hyperliquid itself marks as a liquidation โ€” not inferred from positions that disappeared.

154 APT liquidations recorded
110 accounts hit
8 in the worst single hour
86% landed in a market-wide wave

The worst hour for APT

23 October 2026, 22:00 UTC: 8 APT positions were liquidated inside sixty minutes. Across the whole period, APT liquidations were spread over 91 different hours โ€” so that single hour carried 5.2% of everything that happened to APT traders in 85 days.

It is almost never about APT alone

86% of all APT liquidations landed in an hour when ten or more other assets were being liquidated at the same time. They are not independent accidents on one book; they are the local expression of something moving across the whole exchange at once.

This is the part that catches people. A stop-loss on APT reacts to APT. It cannot know that the move is market-wide, that the book is about to get thin, or that your other position is going at the same moment. We measured the wave: an ordinary hour on Hyperliquid touches 5.8 assets, a loaded one touches 21. The record hour touched 141.

And right now?

This page is the record. What APT looks like at this moment — how much is sitting within 2% of its liquidation price today — is on the live page, updated continuously.

Where does your own APT position sit?

Paste your address and you get told when it gets close to its liquidation price. It is a public address, so there is no key, no signature and no account involved โ€” and watching stays free.

Check an address

The limits, stated plainly

We do not see the whole exchange. These figures cover the accounts we re-read, which at any moment is a few percent of Hyperliquid's carried notional, and our reading order favours accounts already close to liquidation. Every count here is a floor, not a total. The live feed publishes its own coverage with every number.

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