They get rekt.We burn.
A live wall of Hyperliquid liquidations. Every wipeout over $1M fires an automatic buyback and burn of $REKT, paid for by the coin's own trading fees.
[ Hyperliquid ]
- Liquidated · 24h
- $50.3M
- Biggest · BTC long
- $3.59M
- $REKT burned
- 0
- Burns fired
- 0
[ 01 · The wall ]
Who got wiped
Every big liquidation on Hyperliquid, as it happens. Red is a long that got closed, mint is a short. Anything over $1M sets off a burn.
| When | Market | Side | Size | Trader |
|---|---|---|---|---|
| 55m | PONS | short | $70K | 0x7002…5baf |
| 55m | BTC | long | $260K | 0x295d…1e3e |
| 55m | BTC | long | $194K | 0x0dba…c45f |
| 55m | ETH | long | $156K | 0x1e9f…ae3b |
| 55m | ETH | long | $191K | 0x38d2…aabd |
| 55m | ETH | long | $84K | 0x20ee…a4ca |
| 55m | ETH | long | $50K | 0x185c…7fea |
| 55m | ETH | short | $133K | 0x5e56…73cf |
| 55m | ETH | long | $57K | 0x61a0…18a9 |
| 55m | ETH | long | $159K | 0xd9f4…1c37 |
| 55m | ETH | long | $161K | 0x3db5…1f33 |
| 55m | BTC | long | $77K | 0xd26c…f915 |
| 55m | BTC | short | $103K | 0x1bfc…0959 |
| 55m | BTC | long | $246K | 0xd43d…339f |
| 55m | BTC | short | $155K | 0x3eb8…e9d9 |
| 55m | BTC | long | $181K | 0x61a0…18a9 |
| 55m | BTC | long | $174K | 0x160b…8b45 |
| 55m | USELESS | long | $97K | 0x5242…69ab |
| 55m | SOL | long | $196K | 0x38d2…aabd |
| 55m | SOL | long | $79K | 0x7d84…f2ad |
| 55m | XRP | long | $99K | 0x38d2…aabd |
| 56m | ETH | long | $80K | 0x620e…2d6d |
| 56m | BTC | long | $137K | 0x620e…2d6d |
| 56m | BTC | short | $122K | 0x0370…4d57 |
| 56m | BTC | long | $61K | 0xd43d…339f |
| 56m | ETH | long | $472K | 0x0082…1ae3 |
| 56m | ETH | long | $83K | 0xd374…f0bc |
| 56m | ETH | short | $183K | 0x803b…a628 |
| 56m | ETH | long | $156K | 0x0a8d…96bb |
| 56m | BTC | long | $91K | 0x7484…3aca |
| 56m | BTC | long | $58K | 0x048b…3ac6 |
| 56m | BTC | long | $60K | 0x9ce7…0c56 |
| 56m | BTC | long | $180K | 0x4065…1c72 |
| 56m | BTC | long | $63K | 0xbca8…a057 |
| 56m | ETH | short | $110K | 0xc809…0069 |
| 56m | BTC | short | $623K | 0xe535…d93d |
| 56m | BTC | short | $59K | 0x9dfd…48db |
| 56m | BTC | long | $156K | 0xe535…d93d |
| 56m | BTC | long | $70K | 0x350e…1d15 |
| 56m | BTC | long | $52K | 0x851d…d1b8 |
[ 02 · Burns ]
Every burn is on-chain
- $REKT burned
- 0
- Burns fired
- 0
- HYPE spent on buybacks
- 0
- Liquidation that fires one
- $1M
The first burn fires on the next $1M liquidation. It will show up here with its transaction.
[ 03 · How it works ]
Fully automatic
- ( 01 )
A whale goes down
A bot watches every liquidation on Hyperliquid. When one position over $1M gets wiped, the burn is triggered.
- ( 02 )
Fees buy $REKT
Every $REKT trade pays a creator fee in HYPE. The bot claims those fees and spends all of them buying $REKT back.
- ( 03 )
Then it burns
Everything it bought is burned on the spot. Supply only goes down, and every burn links to its transaction.