Hyperliquid Longs vs Shorts

As of 2026-10-22 22:17 UTC, 14.8% of open notional held by profitable Hyperliquid traders is long ($232.9M long vs $1.35B short across 52 wallets, drawn from 12,058 traders with $10K+ verified profit). Retail wallets are 18.0% long.

Market buys divided by market sells over the window, across every Hyperliquid perp. Above 1 means aggressive buying dominated; below 1, aggressive selling. It is the fastest-moving of the four numbers and reflects short-term flow, not positioning.

Every tracked wallet with an open position counts once, by the side of its net exposure. It tells you how many participants lean each way, not how much money — the total notional long and short on a perp exchange is always equal.

Whales are wallets with equity of $1M or more, whatever their track record. Smart Money is every wallet with at least $10,000 of verified lifetime profit on the Compass leaderboard, transit wallets and airdrop farmers excluded. Big and good are different populations, and the page shows both so you can see when they disagree.

On a derivatives exchange each long is matched by a short of the same size. A ratio above 1 means more accounts (or more capital within one group) sit long than short — the counterparty capital is on the other side, often concentrated in fewer, larger hands.

Yes. Everything on this page is served by /api/long-short and /api/long-short/chart, refreshed every 5 minutes, licensed CC BY 4.0 with attribution to Compass. Every wallet resolves to a public Hyperliquid address you can verify on-chain.