USELESS liquidations, funding & open interest
USELESS is #91 of 347 Hyperliquid perpetual markets by open interest: $10.4M open interest and $2.4M traded in the past 24 hours, at a mark price of $0.1446.
Liquidation levels
updated 2m ago (2026-11-05 10:17 UTC) · source: Blockmetric Research$3.5M 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 368 USELESS positions on Hyperliquid. $3.5M of them would be liquidated within ±50% of the price: $3.3M of longs below, $222K of shorts above; $0 sits within ±5% of the mark.
Liquidations · 24h
updated 6m ago (2026-11-05 10:13 UTC) · source: Blockmetric Research · Binance · Bybit$154Klongs $89.5Kshorts $64.2K327 orders
What does this show?
In the past 24 hours $154K of USELESS positions were liquidated (327 orders, 58% of it longs) on Binance and Bybit.
The largest single liquidation was a $8.7K long on Bybit at $0.1328.
Every coin: Liquidations →
Since yesterday
| Metric | Now | Change |
|---|---|---|
| Open interest · Hyperliquid | $10.4M | +5.7% |
| Funding APR · Hyperliquid | +11.0% | −46.6 pp |
Funding & open interest per exchange
updated 3s ago (2026-11-05 10:20 UTC) · source: Blockmetric Research · Binance · Bybit| Exchange | Funding APR | Open interest |
|---|---|---|
| Hyperliquid | +11.0% | $10.4M |
| Lighter | +10.5% | $733K |
| Binance | +11.0% | $12M |
| Bybit | +11.0% | $11.4M |
What does this show?
Funding, annualised: Hyperliquid +11.0%, Lighter +10.5%, Binance +11.0%, and Bybit +11.0%.
Every coin: Funding →
Long/short
updated 16s ago (2026-11-05 10:20 UTC) · source: Blockmetric Research| Source | Long/short |
|---|---|
| Hyperliquid | 0.95 |
What does this show?
Tracked Hyperliquid positions are 0.95 long/short by USD (168 wallets long, 200 short).
Largest tracked positions
updated 2m ago (2026-11-05 10:17 UTC) · source: Blockmetric Research| Wallet | Side | Size | Leverage | Liq. price | To liq. |
|---|---|---|---|---|---|
| 0xfc88…2775 | long | $2.3M | 2.0× | $0.07827 | −45.9% |
| 0x936c…bb0f | short | $1.5M | 3.0× | $0.5763 | +298.7% |
| 0x64b7…9da9 | short | $756K | 3.0× | $1.64 | +1,033.0% |
| 0x34ea…2f47 | short | $319K | 3.0× | $0.8636 | +497.4% |
| 0x3e9f…bcbc | long | $232K | 3.0× | $0.09445 | −34.7% |
Questions and answers
How much USELESS was liquidated in the last 24 hours?
As of 5 Nov 2026: In the past 24 hours $154K of USELESS positions were liquidated (327 orders, 58% of it longs) on Binance and Bybit. The largest single liquidation was a $8.7K long on Bybit at $0.1328.
What is the USELESS funding rate?
As of 5 Nov 2026: Funding, annualised: Hyperliquid +11.0%, Lighter +10.5%, Binance +11.0%, and Bybit +11.0%.
What is the USELESS long/short ratio?
As of 5 Nov 2026: Tracked Hyperliquid positions are 0.95 long/short by USD (168 wallets long, 200 short).
Data as of 2026-11-05 10:20 UTC. Facts from public data. Not investment advice. · Report incorrect data