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LITUniswap liquidation heatmap
Where leverage is stacked on UNI perpetuals, DeFi's bellwether and an event-driven market. Bright bands are where forced closes are most likely to fire.
Loading the map Contract Binance USD-M perpetual Updated --
UNI spot
Binance UNI/USDT, last trade
Open interest
Binance USD-M perpetual, notional
24h volume
Binance UNI/USDT, 24 hours
Leverage within 2%
Modelled from open interest
UNI/USDT Liquidation HeatmapBinance USD-M perpetual
The liquidation heatmap for this venue and window, as of the time shown above. Clusters are modelled from open interest and standard leverage tiers, then cleared once price trades through them. Real liquidation prices depend on position size, margin mode and maintenance margin, so read this as pressure, not guaranteed triggers.
Spot -- Short liquidity above -- Long liquidity below --
Uniswap Liquidation Levels
How to read this →Above price
Short liquidations --Waiting for the feed.
Below price
Long liquidations --Waiting for the feed.
About this data
Updated Sep 2026Figures are shown as the source publishes them, and anything we calculate is explained below. How the data is made Report an error General information, not financial advice.
What the map shows
A perpetual futures position is borrowed money. Every leveraged trade carries a price at which the exchange closes it automatically, because the margin behind it has run out. That price is not a secret: it follows mechanically from the entry price and the leverage used.
This map is the liquidation heatmap for the selected venue's UNI perpetual over the chosen window. It takes the open interest added in each period, works out roughly where those positions were opened, and projects the price at which each standard leverage tier would be liquidated. Stack all of those projections together and you get a surface: bright where a lot of forced closing sits waiting, dark where there is almost none.
UNI is the governance token of the largest decentralised exchange, and the closest thing DeFi has to a bellwether. Its perpetual market is small beside the majors and moves on events as much as on the tape, so leverage here tends to build ahead of a known date and clear in one move.
Time runs left to right, price runs bottom to top: The dotted line is the actual UNI price over the same window. Bands that survive to the right edge are leverage that price has not yet reached.
How to read it
- Bright bands above price are shorts. If UNI rallies into one, those shorts get bought back by the exchange, which adds buying to a move that is already up.
- Bright bands below price are longs. If UNI falls into one, those longs get sold, which adds selling to a move that is already down.
- A band that ends abruptly was consumed. Price traded through it, the positions were closed, and the liquidity is gone. That is why the surface is cleared behind the price line rather than left painted.
- Thin, tight bands very close to spot are the 100x crowd. They are large in count and small in notional, and they get taken out constantly.
- Wide bands far from spot are the 10x crowd. Rarer, much bigger, and the ones that produce the headline cascades.
What is different about Uniswap leverage
UNI trades on news about the protocol in a way the large coins do not. Governance votes, changes to how fees are shared with token holders, and regulatory headlines about decentralised exchanges have each moved it sharply, and traders position for them in advance. On the map that reads as bands that thicken on both sides of price in the days before a scheduled decision, and a surface that is wiped clean within hours of it.
Between events UNI follows Ether. It is an Ethereum-native token and most of its day-to-day range is the DeFi sector moving with ETH, usually by more. A turn on the Ethereum map is therefore worth checking before acting on a UNI cluster: the move that reaches it is more likely to start there than here.
The book is thin. Open interest on UNI perpetuals is a small fraction of what sits on Bitcoin or Ethereum, so a cluster of a given size is a larger share of the resting orders, and the wick that clears a band tends to run past it. The colour scale on this page is set by UNI's own largest cluster: read the bands against each other, not against another asset's map.
Uniswap carries the 24 hour to 90 day windows; the longer maps are not published outside Bitcoin and Ethereum. Every book on the picker lists a UNI perpetual.
Check the calendar as well as the map
A thick band on UNI is often leverage placed for a known event rather than a level the market has tested. If a governance vote or a ruling is days away, expect the clusters on both sides to grow into it and to clear together, whichever way it goes.
Using it without getting run over
- Read the map next to the calendar: UNI leverage gathers ahead of governance decisions and regulatory dates. A band built for an event behaves differently from one the market has traded around for weeks: it clears fast, and often on both sides.
- Treat clusters as risk, not as entries: Knowing where forced selling sits tells you where a move is likely to accelerate. It does not tell you the move is coming.
- Do not park a stop inside a cluster: That is precisely the price where slippage is worst.
- Watch which side is heavier: When one side of price holds most of the leverage, the path of least resistance usually runs toward it.
- Check the window: A cluster built over thirty days is a different animal from one built in the last six hours.
- Size for the cascade, not the level: If you are long into dense long liquidity below, assume the fall through it will be faster than normal.
What it cannot tell you
- A blended level is not one order book: All exchanges adds the venues together, so a bright band there can be mostly one book. Only that book's own price trading through it triggers those positions, so pick the venue out before sizing around a level.
- It cannot see cross-margin: A trader with collateral spread across several positions is liquidated on portfolio health, not on a single price.
- It assumes standard leverage tiers: Real traders use 7x and 33x and every number in between.
- It is not a forecast: A dense cluster at 8% below spot says what happens if price gets there. It says nothing about whether it will.
Not investment advice
This page describes market structure, not what to do about it. Nothing here is a recommendation to buy or sell anything. Leveraged trading can lose you more than you put in, and a map of where other people are positioned is not a reason to take a position yourself.
Questions
How often does this heatmap update?
Every 60 seconds while the page is open. The status line under the headline shows when the map was last updated. The figures beside it refresh on the same cadence, and each one says underneath where it came from.
All exchanges, or one at a time?
They answer different questions, so the page opens on the blend and keeps the books beside it. All exchanges: where the leverage sits market-wide, which is what you want when you are asking whether a level matters at all. One venue: whose book it sits in, which is what you want before trading on it, because a cluster on one exchange is only reached when that exchange's own price gets there. A band that looks large on the blend can be one venue carrying almost all of it.
Are these real liquidation orders?
No, and no public heatmap is. Exchanges do not publish the liquidation price of every open position. What is real here is the price data and the open interest that feeds the model. The projection from open interest onto liquidation prices is a model, and what it cannot show is set out under what it cannot tell you.
Can it predict where Uniswap goes next?
It cannot. It maps where a UNI move would accelerate, not whether one is coming, and the moves that matter on Uniswap are usually set off by a vote, a ruling or a turn in Ether that the map cannot see. Its value is in showing how much leverage is positioned around the current price when one of those arrives.
What does clearing a cluster mean?
Once price trades through a level, the positions that would have been liquidated there are gone. Leaving the band painted would show liquidity that no longer exists, so the map wipes any cluster the price has crossed. That is why the surface behind the price line is dark.
Which window should I use?
The 24 hour view for intraday work, where the clusters that matter were built in the last few sessions. The 7 and 30 day views for position sizing. The 90 day, 180 day and one year views for the large low-leverage bands that have survived months without being touched.
Uniswap stops at 90 days, because the 180 day and one year maps are published for Bitcoin and Ethereum only. On UNI the 7 and 30 day views are the most useful: they show leverage gathering ahead of an event, which the 24 hour view is too short to see.
Why does UNI leverage build ahead of events?
Because much of what moves UNI is scheduled or expected: governance votes, changes to fee sharing, regulatory decisions on decentralised exchanges. Traders take positions before the date, which shows as bands thickening on both sides of price, and the outcome clears many of them at once. The map shows where that leverage sits, not which way the event will go.