???????????? ???????????????????????????????? · ???????????????????????? ?????????????????????? 6 ?????? ????????????
???????????? ?????????? Hyperliquid: ?????? ???? ?????????? ???????? ???????????????? ?????????????????? ?????????????? ?? ???????????????????? Перевод с английского · Читать оригинал
??????????????, ?????? ???????????????? ????????????-?????????????? ?????????? ???????????????????? ?????????????????? ???? Hyperliquid, ???????????? ?????????? ?????????????????? ???????????? ?????????????? ?? ?????? ???????????????? ?????????? ?????????????????? ???? ???????????????????????????? ????????.
SQ SuperQuant Research Desk ???????????????????????? ???? ???????? ???????????????????? ?? ???????????????????????????? ???????????????????????????? ?? ???????????????????? ??????????????????????????????
18 октября 2026 г. ?? ?????????????????? ??? ??? ??? ??? ??? ??? ??? (???) ??? ??? ??? ??? ??? ??? ?? ??? ???. ??? Hyperliquid ??? ??? ??? ??? ??? ??? ??? (CLOB) 1-??? ??? (Layer 1), ??? ???, ??? ???, ??? ??? ?? ??? ??? ??? ?? ??? ???.
??? ??? ??? ??? ??? ??? ??? ?? ??? ??? ???. ??? ??? ??? ??? ??? ??? ??? ???, ??? ??? ???, ??? ??? ??? ???-???, ?? ??? ??? ??? ?? ??? ??? ??? ??? ??? ??? ???. ??? ??? ??? ??? ??? ??? ?? ??? ??? ??? ?? ??? ?? ??? ???-??? .
??? ??? ??? ??? Hyperliquid ?? ??? ??? ???
??? ??? ??? ??? ??? Hyperliquid ??? API ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???.
what a public Hyperliquid position shows and what it leaves out A public address query returns facts about one account at one moment: coin, signed size, entry price, position value, liquidation price, leverage type, margin used, unrealized profit and loss, and recent fills. It does not show who controls the key, positions on other venues or other subaccounts, the reason for the trade, or what happens next. ONE ADDRESS · ONE MOMENT IN THE PUBLIC RECORD NOT IN THE RECORD Coin and signed size Entry price and position value Liquidation price and leverage type Margin used and unrealized PnL Recent fills (latest 10,000) Who controls the signing key Hedges on other venues Other subaccounts of the same owner Why the trade was made What the account does next Keep the recorded fact and your interpretation in separate columns
A public address query returns facts about one account at one moment: coin, signed size, entry price, position value, liquidation price, leverage type, margin used, unrealized profit and loss, and recent fills. It does not show who controls the key, positions on other venues or other subaccounts, the reason for the trade, or what happens next. ?????????????????? ?????????????????????? ?? ???? ???????????????? ?????????????? ?????????????????? ?????????????? ??? ??? ??? ??? ???, ??? ??? ??? ??? ??? ???:
??? ???
??? ???
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??? ?? ??? ???
??? ??? ??? ??? ??? ??? ??? ???
??? ??? (??? ???, ??? Bybit, CeFi-???)
??? ??? ?? ???
??? ??? ??? ??? ??? ???
??? ??? ??? ??? ??? ??? ??? ???
??? ???
??? ??? ??? ??? ??? ???-???
???-??? ??? ??? ??? ???-???
??? ??? ?? ???
??? ??? ???-??? ??? ??? ???
??? ???, ??? ??? ??? ??? ???
??? ??? ??? ??? ?? ???, ??? ??? ??? ??? $20M ??? SOL ??? ??? ??? ??? ??? ??? Solana. ?? ??? ???-??? ??? ??? ??? ??? ??? DEX Solana ?? ??? ??? ??? ??? Hyperliquid, ??? ??? ??? ??? ??? ??? ???. ??? ??? ?? ??? ???-??? ??? ???-???-??? .
??? ??? (Gross) ?? ??? (Net) ???
??? ??? ??? ??? ??? ??? ???. ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???. ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ???.
??? ??? ??? ??? ??? ???:
??? ??? (Gross, ??? ???): <code>Gross = ??? + ???</code>. ??? ??? ??? ??? ??? ??? ?? ??? ??? ???.
??? ??? (Net, ??? ???): <code>Net = ??? ??? ???</code>. ??? ??? ??? ??? ??? ??? ???.
Two fictional snapshots of the same coin. Before: tracked longs of 60 million dollars and shorts of 40 million give a net of plus 20 million on 100 million gross. After: longs of 45 million and shorts of 55 million give a net of minus 10 million, a flip from net long to net short on the same gross. A change in net positioning describes what tracked accounts did; it does not say what price will do. ?????????????????? ?????????????????????? ?? ???? ???????????????? ?????????????? ?????????????????? ?????????????? ??? ???, ??? ??? ??? ??? $60M ?? ??? ?? $40M ?? ???. ??? ??? ??? $100M, ?? ??? ??? +$20M (??? ???). ??? ??? ??? ??? ??? ??? $45M, ?? ??? ??? ??? ??? $55M, ??? ??? ??? ??? ($100M), ??? ??? ??? ??? ?? ???$10M (??? ???).
??? ??? ??? ??? ??? ???: ??? ??? ??? ??? ??? ???, ??? ??? ??? ??? ??? ??? $30M.
??? SuperQuant ??? ??? ??? ???
??? ??? ??? ??? ??? ??? ??? ???. ??? SuperQuant ??? ??? ??? Hyperliquid ?? ??? ??? ??? ???:
three ways tracked positioning can trigger a consensus alert SuperQuant's tracker compares each coin's tracked positioning with its state one hour and four hours earlier. A flip needs net positioning to change sign with at least 5 million dollars net on each side of the change and at least 10 million gross afterwards. A net change needs a move of at least 25 million, or at least 10 million when that is 30 percent or more of gross. A crowded add needs six or more of the top-20 accounts adding to the same side within an hour. Each coin alerts at most once every four hours. COMPARED WITH 1 HOUR AND 4 HOURS EARLIER FLIP Net changes sign ≥ $5M net before and after ≥ $10M gross afterwards NET CHANGE Net moves ≥ $25M or ≥ $10M when that is ≥ 30% of gross CROWDED ADD 6+ top-20 accounts open or add to the same side within one hour Snapshots every 5 minutes for coins with ≥ $1M tracked gross · at most one alert per coin every 4 hours A trigger describes what tracked accounts did · it is not a forecast of price
SuperQuant's tracker compares each coin's tracked positioning with its state one hour and four hours earlier. A flip needs net positioning to change sign with at least 5 million dollars net on each side of the change and at least 10 million gross afterwards. A net change needs a move of at least 25 million, or at least 10 million when that is 30 percent or more of gross. A crowded add needs six or more of the top-20 accounts adding to the same side within an hour. Each coin alerts at most once every four hours. ?????????????????? ?????????????????????? ?? ???? ???????????????? ?????????????? ?????????????????? ??????????????
??? ???: ??? ??? ??? ??? ???, ??? ??? $5M ??? ??? ??? ?? ??? ??? ???, ?? ??? ??? ??? $10M.
??? ??? ??? ???: ??? ??? ??? ??? ??? $25M ?? ??? ?? 4-??? ???, ??? ??? ?? ??? ??? ???.
??? ??? ???: ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ??? ?? ??? ??? ?? ??? 60 ???.
??? ??? ??? ??? ?? ??? ???, ??? ??? ??? ??? 4-??? ??? ??? ??? ???.
??? ???: ??? ??? ?? ??? ???
??? ??? ?? ??? ??? ??? ??? ??? SuperQuant ??? ?? Telegram ??? ??? ??? ??? ??? ??? ???, ?? ??? ??? ??? ?? ???.
??? ??? ???-??? ?? ??? ??? ??? ??? ??? ??? ?? ??? ??? ??? ??? ??? ??? ???.
?????? ???????????? ?????????? ?????????????????????????? ?????????????????????????????? ???????????????? ?? ???? ???????????????? ???????????????????????????? ???????????????????? ?????? ???????????????????????????? ??????????????????????????. ???????????????? ?????????????????? ?? ???????????? ????????????.