CAKE liquidations, funding & open interest
CAKE is #183 of 347 Hyperliquid perpetual markets by open interest: $1.5M open interest and $454K traded in the past 24 hours, at a mark price of $1.93.
Liquidation levels
updated 4m ago (2026-11-06 12:17 UTC) · source: Blockmetric Research$129K of tracked positions are mapped, spread over too few price levels near the price for a ladder. The heatmap shows all of them over time.
What does this show?
Blockmetric tracks 262 CAKE positions on Hyperliquid. $129K of them would be liquidated within ±50% of the price: $129K of longs below, $0 of shorts above; $0 sits within ±5% of the mark.
The largest long liquidation level within 10% is at $1.78 (−8.2% from the mark) with $41.7K of tracked longs.
Liquidations · 24h
updated 6h ago (2026-11-06 06:14 UTC) · source: Blockmetric Research · Binance$55Klongs $54.3Kshorts $67851 orders
What does this show?
In the past 24 hours $55K of CAKE positions were liquidated (51 orders, 99% of it longs) on Binance and Hyperliquid.
The largest single liquidation was a $10K long on Binance at $1.88.
Every coin: Liquidations →
Since yesterday
| Metric | Now | Change |
|---|---|---|
| Open interest · Hyperliquid | $1.5M | −6.8% |
| Funding APR · Hyperliquid | +11.0% | 0.0 pp |
| Liquidations · 24h vs the 24h before | $55K | +184.7% |
Funding & open interest per exchange
updated 17s ago (2026-11-06 12:21 UTC) · source: Blockmetric Research · Binance · Bybit| Exchange | Funding APR | Open interest |
|---|---|---|
| Hyperliquid | +11.0% | $1.5M |
| Binance | +11.0% | $7.5M |
| Bybit | +11.0% | $3M |
What does this show?
Funding, annualised: Hyperliquid +11.0%, Binance +11.0%, and Bybit +11.0%.
Every coin: Funding →
Long/short
updated 34s ago (2026-11-06 12:20 UTC) · source: Blockmetric Research| Source | Long/short |
|---|---|
| Hyperliquid | 0.95 |
What does this show?
Tracked Hyperliquid positions are 0.95 long/short by USD (104 wallets long, 158 short).
Largest tracked positions
updated 4m ago (2026-11-06 12:17 UTC) · source: Blockmetric Research| Wallet | Side | Size | Leverage | Liq. price | To liq. |
|---|---|---|---|---|---|
| 0xa20f…46fa | short | $110K | 3.0× | $35.52 | +1,736.3% |
Questions and answers
Where are the largest CAKE liquidation levels right now?
As of 6 Nov 2026: The largest long liquidation level within 10% is at $1.78 (−8.2% from the mark) with $41.7K of tracked longs.
How much CAKE was liquidated in the last 24 hours?
As of 6 Nov 2026: In the past 24 hours $55K of CAKE positions were liquidated (51 orders, 99% of it longs) on Binance and Hyperliquid. The largest single liquidation was a $10K long on Binance at $1.88.
What is the CAKE funding rate?
As of 6 Nov 2026: Funding, annualised: Hyperliquid +11.0%, Binance +11.0%, and Bybit +11.0%.
What is the CAKE long/short ratio?
As of 6 Nov 2026: Tracked Hyperliquid positions are 0.95 long/short by USD (104 wallets long, 158 short).
Data as of 2026-11-06 12:21 UTC. Facts from public data. Not investment advice. · Report incorrect data