| Price band | Distance | Est. size | Side | Size |
|---|---|---|---|---|
| $107.92 – $108.94 | +6.5% | $40.1M | Shorts above | |
| $106.91 – $107.92 | +5.5% | $27.6M | Shorts above | |
| $105.89 – $106.91 | +4.5% | $31.5M | Shorts above | |
| $101.81 | ||||
| $98.76 – $99.78 | -2.5% | $20.2M | Longs below | |
| $96.72 – $97.74 | -4.5% | $24.5M | Longs below | |
| $95.71 – $96.72 | -5.5% | $21.1M | Longs below | |
The Solana liquidation heatmap reads open interest and price action from Binance, the largest and most liquid Solana perpetual market, and maps where leveraged SOL positions are stacked by price. Because Binance carries the deepest order book and open interest of any single exchange, its liquidation clusters are the most representative of where market-moving stop-outs actually sit. The brighter a level, the more estimated leverage clustered there, and the more force-closing that could happen if price reaches it.
What sets the heatmap apart from a plain list of liquidation levels is the time dimension. Clusters are not static: they build as traders pile into leverage, drift as price moves, and get swept the moment price trades through them. Watching that formation and clearing is the edge — it is the difference between knowing a level exists and knowing whether it is still loaded.
Traders use this to anticipate volatility. Large intact clusters tend to act as magnets, and when price reaches one the resulting cascade can accelerate the move. Reading which side of spot holds the heavier leverage gives an early sense of where a squeeze is more likely to run.
The Solana liquidation heatmap shows where leveraged SOL positions are likely to be force-closed, mapped across price levels and time. Brighter areas mark where large clusters of stop-outs are stacked. It is built on Binance, the largest Solana perpetual market, so its clusters reflect where the most liquidity — and the biggest cascades — tend to sit.
Price runs up the vertical axis and time along the horizontal one. Bright bands are price levels holding heavy leverage; as the market moves toward a band, those positions are at risk of liquidating. When price passes through a band it clears and fades — that sweep is exactly what the heatmap captures that a static levels list cannot.
Clusters act like magnets. When heavier liquidation clusters sit above the current price, a move up can trigger a cascade of short liquidations; when they sit below, a drop can cascade long liquidations. The balance of leverage above versus below is a quick read on which direction carries more fuel.
The underlying figures refresh every few minutes and the page regenerates on a short cycle, so the clusters you see reflect recent market state rather than a stale snapshot.
Binance is the largest and most liquid Solana perpetual market, holding the deepest open interest of any single exchange. Because its levels drive much of the broader market, a Binance-based liquidation heatmap gives the most representative read on where large stop-outs cluster. Other PerpDexWars tools — funding rates, open interest and per-exchange liquidations — do aggregate across 15+ exchanges and perpetual DEXes.