How to calculate your liquidation price on Hyperliquid
Your liquidation price sits roughly 100 divided by your leverage, as a percentage away from your entry: 10% at 10x, 2.5% at 40x. In practice it is a little closer than that, because liquidation does not wait for your margin to reach exactly zero and because the fees leave your balance the moment the order fills. StratiDex shows the exact figure on the confirmation screen, before you validate.
Last updated: September 8, 2026
The rule: 100 divided by your leverage
Leverage L means you post 1/L of the position value as margin. When the market moves against you by that same fraction, the margin is consumed and the position is closed. That is the whole rule: at L times leverage, roughly 100/L percent against you is enough. Direction changes nothing. A long liquidates below entry, a short above, at the same distance.
| Leverage | Margin on a $1,000 position | Adverse move that consumes it | Long entered at $100: margin gone at |
|---|---|---|---|
| 2x | $500 | 50% | $50.00 |
| 3x | $333 | 33.3% | $66.67 |
| 5x | $200 | 20% | $80.00 |
| 10x | $100 | 10% | $90.00 |
| 20x | $50 | 5% | $95.00 |
| 25x | $40 | 4% | $96.00 |
| 40x | $25 | 2.5% | $97.50 |
| 50x | $20 | 2% | $98.00 |
That table is arithmetic, not the exchange's own figure. Liquidation fires before your margin reaches exactly zero, because a maintenance requirement sits below the initial margin, so the real distance is shorter than the column above. The only number that counts is the liquidation price on the StratiDex confirmation screen, computed for your exact size and leverage. Leverage caps are set per market: up to 40x on BTC, 20x on NVDA, 50x on some markets. StratiDex reads each cap from the exchange, so no button offers a leverage the market refuses, and the default is 2x. Every cap and margin mode is in the open dataset at /data/markets.json (CC BY 4.0) and on the market pages under /markets.
What shortens the distance
Two things sit between the table and reality. The maintenance requirement moves the trigger closer to your entry. And fees leave your balance the moment the order fills, so the position starts slightly underwater and the room you computed is already smaller. One basis point (bp) is one hundredth of a percent: our 9 bp commission is 0.09% of the position's notional value.
| Market | StratiDex commission | Market taker fee | Entry cost |
|---|---|---|---|
| Hyperliquid native (177 markets) | 9 bp | 4.5 bp | 9 bp + 4.5 bp |
| HIP-3 with a 100% deployer share (127 of 128) | 9 bp | 9 bp | 9 bp + 9 bp |
| HIP-3 with a 50% deployer share (1 market) | 9 bp | 6.75 bp | 9 bp + 6.75 bp |
| Native, arrived through an invitation link | 8.1 bp | 4.5 bp | 8.1 bp + 4.5 bp |
HIP-3 markets are deployed by third-party dexes, and the deployer configures an additional share of the protocol fee between 0 and 300%. At 7 September 2026, 127 of the 128 HIP-3 markets are at 100%, which makes their taker fee 9 bp instead of 4.5. StratiDex reads that share on each market and displays the real total. The 8.1 bp line is the referral discount: anyone who arrives through an invitation link pays 10% less on the StratiDex commission, for life.
Read those numbers as a share of your margin, not of the notional. At 20x you post 5% of the notional, so our 9 bp commission costs 1.8% of your margin before the price has moved at all, and the venue's taker fee — 4.5 bp natively, 9 bp on most HIP-3 markets — comes on top. Closing costs roughly the same again, plus the spread. The higher the leverage, the more a round trip weighs against the thin distance you have left.
Cross margin versus isolated margin
Margin mode decides what stands behind the position. Cross margin backs it with your whole account balance: more equity absorbs the loss, so the liquidation price sits further away, but one bad position can take the account with it. Isolated margin fences off a fixed amount: the liquidation price is closer, and the loss stops at that amount.
| Comparison | Cross margin | Isolated margin |
|---|---|---|
| What backs the position | Your entire account balance | Only the margin you assigned to it |
| Worst case | The whole account is liquidated | You lose that position's margin |
| Liquidation price | Moves as your other positions gain or lose | Fixed until you change the assigned margin |
| Availability | Most markets | Most markets, and the only mode on some |
StratiDex offers the modes a market actually allows and nothing else. When a market is isolated only, cross is simply not on screen. The per-market value is in /data/markets.json if you want to check before you open the bot.
Why a cascade can go straight through your price
Your liquidation price is a trigger, not a promised exit. When it is reached, the position is closed into whatever order book exists at that instant. During a cascade there may be almost nothing there.
- One forced liquidation sells into the book and pushes the price lower.
- The lower price triggers the next account, which is forced to sell in turn.
- The book empties faster than market makers replace it, and prices skip whole levels.
- Your trigger can be crossed with no resting order at it, and the position closes further down.
- Depth is not the same from one market to the next: the thinner the book, the further a forced sale travels.
Nothing you place in advance changes this on StratiDex: there is no stop-loss and no take-profit. Leverage and size are the only buffers you control, and closing by hand is the only exit. The full account of what can go wrong is on /risks.
What StratiDex shows before you validate
Three taps open a position: market, side, amount. Before you validate, the confirmation screen shows the exact liquidation price for that size and that leverage, and the full cost of the order.
- A leverage selector bounded by the market's real cap, starting at 2x.
- Only the margin modes that market accepts.
- The venue fee, HIP-3 deployer's share included: a market where Hyperliquid takes 9 bp is never displayed as 4.5 bp.
- Separately, price alerts at plus or minus 2, 5 or 10 percent, at a price you type, or on a 5%/hour move.
An alert is a Telegram message, not an order. It tells you the price moved; it does not close anything. Every exit on StratiDex is manual, in the conversation.
Giving yourself room
- Start from the move you can survive, not the size you want: if you need 5% of room, 20x is already your ceiling.
- Check the market's leverage cap and margin modes in /data/markets.json, or on its page under /markets, before you size the order.
- Read the liquidation price on the confirmation screen. If it sits inside a normal day's range for that market, cut the leverage.
- Fund with room to spare: deposits are USDC on Arbitrum One only, credited from 5 USDC, minimum order $11, and $20 to $50 is a comfortable start.
- The distance is set when you open, by leverage and size. StratiDex has no automatic protection to correct it afterwards, and sends no margin-call warning.
- Set a price alert between your entry and your liquidation price, and close by hand when it fires.
Leverage is the variable you set, and the one that fixes all the others. At 2x you can be wrong by half. At 50x you can be wrong by 2%, once.
FAQ
What is my liquidation price at 10x leverage on Hyperliquid?
Roughly 10% away from your entry, because 100 divided by 10 is 10: a long opened at $100 liquidates near $90, a short near $110. The real trigger is slightly closer, because the maintenance requirement fires before your margin is exactly zero and the entry cost on a native market — our 9 bp plus 4.5 bp of Hyperliquid taker fee — is already out of your balance. The exact figure appears on the confirmation screen.
Can I set a stop-loss on StratiDex to avoid liquidation?
No. StratiDex has no stop-loss, no take-profit and no automatic protection of any kind. Price alerts exist at plus or minus 2, 5 and 10 percent or at a price you choose, but an alert is a Telegram message, not an order. You close positions manually, in the conversation.
Is cross margin or isolated margin safer?
Isolated margin caps your loss at the amount assigned to that position, while cross margin puts your whole account balance behind it and can liquidate everything. In exchange, cross gives a more distant liquidation price for the same size. Most markets accept both; some accept isolated only, and StratiDex shows only the modes a market allows.
How much do fees move my liquidation price?
Entry costs 9 bp of StratiDex commission plus the Hyperliquid taker fee: 4.5 bp on a native market, 9 bp on a HIP-3 market whose deployer takes a 100% share, which is 127 of the 128 HIP-3 markets. At 20x leverage, our 9 bp of notional equals 1.8% of your margin, gone before the price moves. Exiting costs roughly the same again, plus the spread.
Can I be liquidated at a worse price than my liquidation price?
Yes. The liquidation price is a trigger, not a guaranteed fill. In a cascade, forced selling can empty the order book and the market can print straight through your level with nothing resting there, so the position closes further down. The thinner the book, the more exposed you are; see /risks.
What leverage does StratiDex use by default?
2x, which puts liquidation roughly 50% away from your entry. You can raise it up to the market's own cap: 40x on BTC, 20x on NVDA, and 50x on some markets. The bot reads the real cap from Hyperliquid, so it never offers a leverage the market would reject.
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Leveraged trading can lose the entire capital committed. Nothing here is investment advice.