MM Flow

MMFlow analytics

Futures, OI, and liquidation workspaces

One navigation system, real routes only, and source-honest derivative analytics in the same mmflow interface.

Public futures data

Open interest and volume

Cross-venue OI, volume, and price context using mmflow-owned archive coverage plus public venue APIs where available.

Open Interest & Volume

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BTC Open Interest & Volume

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MMFlow analytics

Additional open-interest intelligence

These mmflow-native panels add scans, positioning, and cross-market context below the primary OI charts.

Live · Hyperliquid mainnet

Open-interest analytics

Where leverage is sitting. OI/Volume ratio over 5× = positions are unusually static relative to flow — squeeze candidates. Refreshes every 30s.

Gainers & losers · 24h heatmap

Each tile is a HL market sized by OI USD, colored by 24h price change (saturation maxes at ±10%). Top 40 markets shown.

00·OI-wt +0.0%
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24h Δ−10%+10%tile size = open interest
Source: HL metaAndAssetCtxs (markPx vs prevDayPx). OI floor $500K filters out the long-tail noise. Click a tile for the per-coin deep dive.

mmflow Index · derivatives sentiment composite

Neutral

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Funding extremity+0.0000%50
Perp premium+0.00 bp50
Long-side liq share50%50
OI momentum 24h+0.0%50
Whale flow direction50% buys50
Transparent composite — every input is shown above. Each component normalizes to 0–100 via empirical-extreme thresholds, then weighted-averaged. 0 = sellers exhausted (often buy zone); 100 = longs crowded (often fade zone). Sources: HL metaAndAssetCtxs · OI archive · OKX liq archive · whale archive. Coinglass's index is paywalled and opaque; ours is free and auditable.
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Market pulse · Hyperliquid

Neutral · funded

Total OI

0 markets

24h Vol

Avg premium

+0.000%

OI-weighted vs oracle

24h liq'd

no cascades

24h OI mover

Crowded trade detector · composite score

Combines funding, perp premium, and direction-aligned 24h OI growth into a single score per coin. Top crowded longs → unwind candidates. Top crowded shorts → squeeze candidates. Synthesis Coinglass doesn't surface.

Computing composite scores across HL universe…
Score = funding/0.001% + premium/0.1% + (OI Δ%/20%) × funding-sign. Each component clamped to [−1, +1], summed. Filtered to markets with ≥ $1M OI so long-tail noise doesn't dominate. Click any coin to drill into its full per-coin setup.

Bull market peak indicators · BTC

Classic cycle-top signals computed free from CoinGecko BTC daily closes. Coinglass paywalls these.

BTC spot $0

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Source: CoinGecko free public API, 365 days daily close. Both indicators are PUBLIC, well-known signals — we shouldn't be charged for surfacing them. Glassnode-derived indicators (MVRV-Z, NUPL, Puell, Reserve Risk) need a paid feed and are deferred. These two cover Coinglass's most prominent free- data peak signals.

On-chain BTC valuation · cycle oracles

Glassnode's flagship cycle indicators (MVRV-Z, NUPL, Puell, Reserve Risk, Realized Cap), free from bitcoin-data.com. Each metric carries a zone classification so you can read regime at a glance.

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Pulling on-chain metrics…
Source: bitcoin-data.com — same formulas Glassnode uses (Market Cap − Realized Cap for MVRV/NUPL, daily issuance vs 365d MA for Puell, etc.). Daily cadence; 6h server cache. Coinglass paywalls this view in their on-chain section; Glassnode charges $40+/mo per equivalent metric. Free here.

Bitcoin network health

Hashrate + difficulty + mempool from Mempool.space. Miner conviction, mining economics, on-chain demand — the three health signals that anchor BTC fundamentals. Coinglass charges for these; we use the free community endpoint.

source: mempool.space

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Hashrate trend over the last month; mempool snapshot is instantaneous. Rising hashrate = miner accumulation phase; falling = capitulation. Sharp positive difficulty adjustments often precede miner selling; sharp negative often mark capitulation lows.

Live news · crypto headlines

Aggregated by CoinDesk data-api · 5min refresh. Filter below to focus on a specific narrative.

Pulling latest headlines…
Source: CoinDesk data-api.coindesk.com/news/v1/article/list (free, no auth). Aggregates English-language crypto headlines from CoinDesk + syndicated partners. Click any headline to open the original article.

Stablecoin supply · macro dry-powder

Aggregate USD-pegged stablecoin supply. Expansion = capital entering crypto (often precedes rallies); contraction = capital leaving (often precedes selloffs). Source: DefiLlama public.

24h Δ

+—

+0.00%

7d Δ

+—

+0.00%

30d Δ

+—

+0.00%

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Top issuers

Source: DefiLlama public stablecoins endpoint. Aggregate covers every USD-pegged stablecoin DefiLlama tracks; per-issuer breakdown shows the top 6 by circulating supply. Coinglass paywalls the equivalent dashboard; ours uses the same public data they do.

Bitfinex margin · longs vs shorts

Aggregate BTC margin position sizes from Bitfinex's stats endpoint. USD-denominated lending market: longs unwinding = risk capital leaving the system.

Loading Bitfinex margin stats…

Source: Bitfinex public stats /v2/stats1/pos.size:1m:tBTCUSD:long|short/hist. Last 7 days at 30-minute granularity. Position sizes shown in base currency. Coinglass features this as Bitfinex Margin L/S Ratio in their Long/Short section.

HL OI movers · cross-coin leaderboard

Top coins by OI Δ over the chosen window. Sourced from our owned HL OI archive — HL doesn't publish historical OI.

Loading momentum…

Source: /api/hl-oi-momentum reduces our per-coin OI archive (cron /api/cron/snapshot-hl-oi, 10-min cadence, ~7d retention) into per-window leaderboards. Coins with less than $100K OI on either end of the window are dropped to keep the percent-change ranking honest. Big OI growth = positions building (potential breakout fuel or future cascade); big OI decline = positions unwinding (often follows a price move that already happened).

Multi-CEX OI · Coinalyze (Deribit / Bitget / Bitmex)

Top coins by total OI on the venues that don't have ergonomic public OI endpoints — captured via Coinalyze. Latest snapshot; per-exchange breakdown inline. The HL universe table below covers HL itself; the per-coin deep dive shows direct CEX history for Binance/Bybit/OKX. Archive ~0.0h

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Funding rate heatmap · cross-venue

Current 8-hour funding rate per coin × venue. Teal = longs paying shorts (bullish positioning); pink = shorts paying longs (bearish). Saturation maxes at ±0.05%/8h. Spot divergences ("HL hot while CEXs cold") for cross-venue edge.

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Source: cross-venue funding archive (Binance / Bybit / OKX direct + HL owned + Coinalyze for Deribit/Bitget/BitMEX). Rates are 8-hour. Annualized = rate × 3 × 365 — e.g. 0.01%/8h = +10.95% APR. Click a coin to drill into its full funding history.

Perp premium · HL leaderboard

Cross-coin perp basis: (markPx − oraclePx) / oraclePx. Positive = bullish positioning (mark trades above the index); negative = bearish. Extreme readings + agreeing funding = crowded trade prone to mean-reversion.

0 / 0 confirmed (premium ↔ funding agree)

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Source: HL metaAndAssetCtxs — markPx vs oraclePx, refreshed every 30s. Filtered to markets with ≥ $250K OI so the leaderboard isn't dominated by long-tail noise. Funding column is the next 8-hour rate; agreement (matching sign) marks confirmed bias. Click a coin to drill into its full setup.

Binance top-trader L/S · cross-coin

Top traders' position notional weighted long-share, top 20 HL coins by volume. Margin-weighted (whales count more than retail), 1h updates from topLongShortPositionRatio.

Whale bias 50.0%
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Source: Binance topLongShortPositionRatio — fraction of TOP-TRADER position notional held long. Differs from retail global L/S because it weights by margin (whales count more than retail accounts). 50% = balanced; extreme readings often fade. Click a coin for its full history.

OKX top-trader L/S · cross-coin

Top traders' position notional weighted long-share, top 20 HL coins by volume. Margin-weighted (whales count more than retail), 1h updates from long-short-position-ratio-contract-top-trader.

Whale bias 50.0%
No data yet — refreshing…
Source: Binance topLongShortPositionRatio — fraction of TOP-TRADER position notional held long. Differs from retail global L/S because it weights by margin (whales count more than retail accounts). 50% = balanced; extreme readings often fade. Click a coin for its full history.

Retail vs Whale L/S divergence

Binance retail (account-weighted) vs top traders (margin-weighted) for top 20 HL coins. Big positive divergence = whales more long than retail; negative = whales fading retail longs. Coinglass shows these as separate paid views — we surface the divergence directly.

No data yet — refreshing…
Divergence = whale-long-share − retail-long-share. Highlighted rows have |Δ| > 15pp — strong contrarian signal. Retail comes from Binance globalLongShortAccountRatio (one vote per account); whales from topLongShortPositionRatio (top 5% by margin, position-notional weighted). Click any coin to drill in.

HL orderbook pressure

Top 20-level bid vs ask notional, top 15 HL coins by volume. Heavy bids = resting demand; heavy asks = resting supply. Live L2 book, 10-second refresh.Free — Coinglass charges for the equivalent.

Market bias +0.0%
No book data — HL info endpoint may be cold.
Source: HL l2Book top 20 levels per side. Imbalance = (bid_notional − ask_notional) / total_notional. Positive = book leans bid (support); negative = book leans ask (resistance). Spread shown in basis points. 10s refresh per book; React Query dedups across the site so visiting /oi/<coin> doesn't re-fetch.
Δ 24h
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Source: /info metaAndAssetCtxs. OI USD = openInterest × markPx. Δ24h is computed client-side from a localStorage snapshot — first visit will show "—" for coins that haven't been seen yet; the value populates once you've held this page open through a 24h cycle. L/S skew = (markPx − oraclePx) / oraclePx — a derived proxy for long/short imbalance, since HL doesn't expose that ratio directly. Positive means perp traders are paying above index to be long; negative is the opposite. Arrow indicates skew + funding agreement. Click headers to toggle asc/desc.