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Large Hyperliquid TWAP orders

A TWAP splits one large order into small slices over minutes to hours. Here you see every running Hyperliquid TWAP of $250k or more - who is buying or selling what, and how far along they are.

Updated Nov 5, 2026, 6:01 PM UTC

Running TWAPs21
Being bought$7.04M
Being sold$16.63M
Last 7 days1208 TWAPs · $1.32B

Running now

MarketSideSizeProgressDurationStartedPrice moveWallet
ZECPerpSell$7.16M43% · 4 d left7 d3 d ago-0x044a…464a
ZECPerpSell$6.17M43% · 4 d left7 d3 d ago-0xdfb6…294d
NEARPerpSellreduce-only$1.68M62% · 18.4 h left2 d29.6 h ago-0x089f…a4f8Top #7
UBTCSpotBuy$1.01M88% · 19.9 h left7 d6.2 d ago-0x1561…a31a
UBTCSpotBuy$942.32K7% · 6.5 d left7 d12.5 h ago-0.05%0x1561…a31a
HYPESpotBuy$853.58K39% · 4.2 d left7 d2.8 d ago-0xf02d…54c6
ETHPerpSell$684.26K74% · 38 h left6 d4.4 d ago-0xe863…8bb8
XMRPerpSell$530.66K28% · 17.4 h left24 h6.6 h ago+0.14%0xc1fd…d9c5
VVVPerpBuyreduce-only$518.58K23% · 14.9 h left19.5 h4.6 h ago-0.09%0xca64…8356
BTCPerpBuy$500.57K18% · 5.7 d left7 d30.9 h ago-0xcafe…7b3b
BTCPerpBuy$490.5K82% · 29.5 h left7 d5.8 d ago-0xcafe…7b3b
LITPerpBuy$398.27K69% · 2.2 d left7 d4.8 d ago-0x2a96…4aad
BTCPerpSell$398.2K17% · 5.8 d left7 d28 h ago-0x960b…9a81
BTCPerpBuy$384.74K36% · 46.3 h left3 d25.7 h ago-0x3bbc…db01
LITPerpBuy$313.38K31% · 4.8 d left7 d2.2 d ago-0x2a96…4aad
TAOPerpBuyreduce-only$305.82K23% · 14.8 h left19.3 h4.5 h ago-0.50%0x4486…83b8
ZROPerpBuy$292.2K31% · 4.8 d left7 d2.2 d ago-0x2a96…4aad
MNTPerpBuyreduce-only$266.03K23% · 14.8 h left19.2 h4.4 h ago-0.06%0x0f46…bb33
VVVPerpBuy$264.15K77% · 38.5 h left7 d5.4 d ago-0xe863…8bb8
BTCPerpBuy$251.38K80% · 33.2 h left7 d5.6 d ago-0x2a96…4aad
ZROPerpBuy$250.07K69% · 2.2 d left7 d4.8 d ago-0x2a96…4aad

TWAP flow by market, last 7 days

Executed volume from Hyperliquid's TWAP history once an order has ended; running orders (and the few not checked yet) count with size x elapsed share.

MarketTWAPsBoughtSoldNet
BTCPerp169$169.53M$114.5M$55.03M
HYPEPerp282$144.54M$104.38M$40.16M
ETHPerp106$70.06M$25.86M$44.2M
HYPESpot118$20.17M$42.28M-$22.11M
ZECPerp104$28.18M$24.36M$3.82M
LITPerp77$11.15M$7.77M$3.38M
SOLPerp34$5.36M$11.1M-$5.74M
XMRPerp46$13.06M$2.86M$10.19M
BNBPerp29$10.3M$5.26M$5.05M
UZECSpot19$4.85M$8.48M-$3.63M
NEARPerp31$4.8M$7.76M-$2.97M
XRPPerp11$2.72M$8.79M-$6.07M
UBTCSpot24$3.29M$7.98M-$4.69M
XPLPerp27$5.46M$1.51M$3.95M
PUMPPerp15$2.11M$3.07M-$964.51K
ENAPerp14$2.56M$1.75M$806.29K
UNIPerp13$1.48M$2.61M-$1.12M
ZROPerp10$1.51M$1.99M-$475.62K
UPUMPSpot11$416.85K$2.04M-$1.62M
AAVEPerp6$889.63K$1.35M-$460.16K
VVVPerp12$641.15K$1.57M-$925.48K
XMR1Spot1$1.98M$0$1.98M
DOGEPerp4$617.8K$771.75K-$153.95K
kPEPEPerp8$560.8K$721.66K-$160.86K
STRKPerp1$0$1.1M-$1.1M

Largest finished TWAPs, last 7 days

MarketSideSizeRanDurationStartedPrice moveWallet
BTCPerpBuy$26.89MStopped at 82%30 minNov 05, 03:15 AM-0x469e…58a5Top #54
BTCPerpBuy$22.38MCompleted1 hNov 03, 07:21 PM-0x1f25…f925
BTCPerpSellreduce-only$22.05MCompleted30 minOct 31, 08:41 PM-0x8742…8427
BTCPerpSell$21.47MCompleted15 minNov 05, 12:44 PM-0x1f25…f925
BTCPerpBuy$19.64MStopped at 58%24.5 hNov 02, 07:37 PM-0xc179…e0c8
HYPEPerpBuyreduce-only$19.53MCompleted6.5 hNov 04, 10:56 PM-0x7dac…f410
BTCPerpSell$18.79MCompleted30 minOct 30, 02:27 AM-0x939f…04d2
BTCPerpBuy$18.7MCompleted20 minOct 30, 12:31 AM-0x939f…04d2
HYPEPerpSell$15.8MStopped at 82%7.5 hNov 02, 06:55 AM-0x7dac…f410
ETHPerpBuyreduce-only$11.56MStopped at 64%15 minOct 29, 08:35 PM-0xab81…c608
HYPEPerpSell$10.33MCompleted30 minNov 03, 06:37 PM-0xa445…329d
HYPEPerpBuy$10.18MCompleted30 minNov 02, 05:28 PM-0xa445…329d
HYPEPerpBuy$9.52MStopped at 94%6.5 hNov 04, 06:27 AM-0xe2ad…3c8c
HYPEPerpSell$8.82MStopped at 1%10.5 hNov 01, 01:32 AM-0x7d54…2794
HYPEPerpSell$8.8MCompleted10.5 hNov 01, 02:29 AM-0x7d54…2794
BTCPerpSell$8.73MStopped at 6%2 hOct 30, 04:08 AM-0xb829…3a81Top #51
BTCPerpSell$8.7MStopped at 20%30 minNov 01, 02:44 PM-0x1c63…6972
BTCPerpSell$8.7MStopped at 24%22 minNov 01, 02:44 PM-0x1c63…6972
BTCPerpSell$8.7MStopped at 23%22 minNov 01, 02:44 PM-0x1c63…6972
BTCPerpBuy$7.74MCompleted30 minOct 30, 11:59 PM-0x469e…58a5Top #54
BTCPerpBuy$7.7MCompleted20 minOct 30, 12:34 AM-0xb829…3a81Top #51
BTCPerpSellreduce-only$7.55MStopped at 45%1 hOct 30, 03:43 AM-0xb829…3a81Top #51
BTCPerpBuy$7.05MStopped at 1%11.5 hOct 31, 10:54 AM-0x7132…f6dc
BTCPerpBuy$7.05MStopped at 1%11.5 hOct 31, 10:53 AM-0x7132…f6dc
BTCPerpBuy$7.04MStopped at 4%3.5 hOct 31, 10:54 AM-0x7132…f6dc
BTCPerpSell$6.97MStopped at 9%1 hOct 31, 11:14 AM-0x7132…f6dc
BTCPerpSell$6.97MStopped at 10%1 hOct 31, 11:14 AM-0x7132…f6dc
BTCPerpSell$6.62MStopped at 5%2.5 hOct 31, 02:54 PM-0x7132…f6dc
ETHPerpSell$6.6MCompleted30 minOct 30, 12:02 AM-0xb823…9763
BTCPerpBuy$6.25MCompleted20 minOct 30, 12:32 AM-0xf02d…5eb3
HYPEPerpBuy$6.09MCompleted3 hNov 02, 08:59 AM-0x65a0…23af
XRPPerpSellreduce-only$5.96MCompleted30 minOct 30, 01:30 AM-0x77ee…a018
HYPEPerpSell$5.2MStopped at 65%8.5 hOct 31, 08:46 AM-0x469e…58a5Top #54
BTCPerpSell$5.05MStopped at 19%30 minNov 01, 02:44 PM-0xac73…65fb
BTCPerpSell$5.05MStopped at 37%15 minNov 01, 02:44 PM-0xac73…65fb
BTCPerpSell$4.87MStopped at 18%1 hOct 30, 03:59 AM-0xb829…3a81Top #51
HYPESpotSell$4.84MCompleted30 minOct 30, 01:33 AM-0x7be1…80d8
BTCPerpBuy$4.7MCompleted30 minNov 02, 05:31 PM-0xa445…329d
BTCPerpBuy$4.65MCompleted20 minOct 30, 12:32 AM-0xb829…3a81Top #51
HYPEPerpBuy$4.41MCompleted20 minNov 01, 12:57 AM-0xb8eb…0f94
HYPEPerpBuy$4.39MCompleted20 minOct 31, 10:18 PM-0xb8eb…0f94
NEARPerpSellreduce-only$4.25MCompleted5 minNov 03, 05:26 AM-0x60b0…991e
HYPEPerpBuy$4.2MCompleted30 minNov 04, 06:11 PM-0xb8eb…0f94
HYPEPerpBuy$4.2MCompleted30 minNov 02, 05:24 PM-0xb8eb…0f94
HYPEPerpBuy$4.16MCompleted30 minNov 04, 12:41 AM-0xb8eb…0f94
HYPEPerpSell$4.13MStopped at 46%30 minNov 04, 01:44 AM-0x9321…d75a
HYPESpotSell$4.11MStopped at 70%1 hNov 02, 12:34 AM-0x4d47…fa47
BTCPerpBuy$3.96MStopped at 47%18.5 hNov 05, 03:53 AM-0xae78…4520
HYPEPerpBuy$3.96MStopped at 22%2.5 hOct 29, 09:17 PM-0x0fac…7a0a
BTCPerpSell$3.87MCompleted15 minNov 03, 04:23 PM-0x1f25…f925

How this works

Hyperliquid publishes every TWAP order on-chain. Every ~5 minutes we read the list of current TWAPs, keep those worth $250k or more at the current mid price and follow each one until it ends; Hyperliquid's own TWAP history then gives the exact end and the executed volume. Progress is the time elapsed; a stopped TWAP was cancelled by its owner or ended by the exchange, for example for lack of margin.

A TWAP shows intent, not outcome: many are stopped early, a large buyer may be hedged elsewhere, and price often moves regardless of the flow. Source: Hyperliquid via Hypurrscan. Not investment advice.