Loading
Crowding
MEshared exposure
Every vault we can see holding ME right now, largest first. If the position is one-sided and material, these do not unwind one at a time, they unwind together, through the same liquidity.
← All instrumentsVaults
11
4 machine-managed
Gross
$156.6k
longs and shorts added
Net
$50.1k
5 long · 6 short
Directional skew
32%
100% = all one side
Venue open interest
$284.8k
ME equivalent
2,297,386
0.3707% of supply, as futures, not coins
Our coverage
53.99%
of open interest on hyperliquid
Coverage is $153.8k of exposure held on hyperliquid against their open interest. The $156.6k above spans every venue we read, including venues whose open interest we do not read, dividing the larger number by the smaller denominator would overstate how much of this instrument we can see.
Which way the money leans
Net $50.1k long, 32% one-sidedWho is holding it
98% of this exposure is machine-managedMachine-managed means we have evidence that software rather than a person decides, platform membership, execution timing, or both. Everything else sits in the second bar, including vaults that may well be automated but have not given us enough to say so.
Each block is one vault, sized by position. Hover for detail, click to open it. Bar widths are shares of the total we observe, not of the market, which is far larger.
Who holds it
| # | Vault | Platform | Network | Operator | Autonomy | Side | Notional | Share | Entry | Unrealised | Leverage |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | HLP Strategy B | HLP | likely | short | $52.2k | 33.4% | 0.07474 | $1.8k | 20x | ||
| 2 | HLP Strategy A |