Liquidations

A liquidation occurs when your account can no longer meet the margin requirements for an open position. This typically happens when losses reduce your available margin below the maintenance margin level. Hyperliquid handles all liquidation mechanics directly.

Purrps displays your liquidation price clearly in the position panel so you always know where your risk stands.

For detailed information on how liquidations are calculated and the auto-deleveraging process, see Hyperliquid's documentation:

[https://hyperliquid.gitbook.io/hyperliquid-docs/trading/liquidations]

How to monitor your liquidation risk

Your estimated liquidation price is visible at all times in the position panel. Monitor your margin usage and adjust position size or add collateral to manage your risk.