Bets closed by force

When a leveraged bet goes too far against its owner, the exchange closes it by force: longs (bets on a rise) are wiped out when price falls, shorts (bets on a fall) when it rises. Dollars wiped out per day on the 12 exchanges whose liquidation broadcasts we capture ourselves: Binance, Bybit, OKX, Gate, Aster, Lighter, Bitget, HTX, Deribit, Kraken Futures, Hyperliquid, dYdX. Before Oct 8 2026 only dYdX and Hyperliquid are in the sum. avg over 5 closed days with all 12 exchanges: $469368924.

$116.6M All · 4 exchanges · longs wiped out on Oct-22 2026, the last day in this build, measured and published by askthetape.com.

For everyone

When a leveraged bet goes too far against its owner, the exchange closes it by force and broadcasts the event. We listen to those broadcasts on Bybit, OKX, dYdX and Binance and add up the dollars per day — each feed on the coins it actually broadcasts, which is not the same list on all four, longs and shorts apart. Bybit also broadcasts every contract it lists, about 1,040 of them: that is the every-contract view, and on a typical day the 21 coins carry about 57% of its dollars, less on quiet days when the long tail dominates. Gate has no broadcast: only a public window of the last half hour, which we poll every five minutes since June. Hyperliquid has no liquidation feed at all: we label liquidation fills through our own wallet registry, so that leg is a lower bound, not the whole exchange. Neither Gate nor Hyperliquid joins the four-exchange total, and neither does the every-contract view: the total is four exchanges, and they do not cover the same ground: Bybit, OKX and the Binance delivery stream broadcast the same 21 coins; dYdX only 3 (BTC, ETH, SOL); the first Binance stream only 4 (BTC, ETH, MON, SOL). The four-exchange view changes composition along the way: Binance is in it from Mar-31 to Apr-27 2026 on four coins only, then missing until Aug-06, then present on 21 coins — so the middle stretch sits lower AND the two Binance eras are not the same instrument. Only what the feeds broadcast, which is not always everything. Our own liquidation feeds in the sums: Binance, Bybit, OKX, Gate, Aster, Lighter, Bitget, HTX, Deribit, Kraken Futures, Hyperliquid, dYdX. Observed source-reported USD-equivalent; stablecoin quotes at par. Gate is in the sums from Oct 8 2026 11:13Z (exchange fill sizes); its earlier rows are a position-size notional proxy, shown apart. Gate size sign is independently supported for BTC_USDT and extrapolated to other contracts; inverse amounts use a fallback. Lighter side labels are source-reported; trade IDs since Oct 7 2026 22:43Z carry the side flag, checked equal to the label. dYdX reuses our earlier captured events. Hyperliquid uses labelled liquidation fills, a lower bound (empty hour ≠ zero; daily export batch). Bitget pushes only the largest long and short per pair per second. HTX is polled on its first 150 USDT contracts. Deribit arrives about 3 hours late from its trade history. The Kraken Futures side assumes the liquidation engine is the taker. The historical Bitfinex view is a base-price position notional proxy, not execution value, and is excluded from sums. First observed and current periods are partial and drawn hollow. Hourly and daily sums contain only the named sources available at that resolution and time. Execution sums exclude Gate rows before Oct 8 2026 11:13Z and Bitfinex; BTC/ETH/other exclude Hyperliquid because the daily carrier lacks coin labels.

For the pro

The chart itself is drawn in the browser: turn JavaScript on to hover a day, pick a window and draw your line. The numbers above come from the last build, Oct-23 2026 21:59Z.

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