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Liquidation Terminal documentation
Liquidation Terminal puts sub-minute candles, cross-exchange liquidations, mark-price dislocations and your own alarms on a single screen. These pages explain what each widget does, how to read it, and how the $LIQTERM contracts are designed.
None of the contracts are deployed yet. Every claim on those pages carries a status badge — Live for what exists today, Planned for a decided design that is not built, and Undecided for values that have not been fixed. Nothing there is a promise, and none of it is financial advice.
What the terminal is
The app is one page of widgets you arrange yourself. Each widget answers a different question during the same minute of a move:
- The chart shows price at one- and five-second resolution, built from live exchange trade streams rather than a vendor feed.
- The liquidation widgets show who is being forced out, how much, on which venue, and whether today is large by historical standards.
- The gap tracker watches over a thousand symbols for the moment the traded price pulls away from mark price — usually the first sign a book is thinning.
- The alarm center is what gets your attention when you are not looking: your own price levels, plus a cascade alert for market-wide events.
Data comes from Binance, OKX, Bybit and Bitget. Hyperliquid coverage is partial today.
Where to start
Install it
Windows desktop, an installable iPad app, or straight in the browser.
Get access
How licence keys work, and why a key binds to the first device that uses it.
Arrange your screen
Move and resize widgets, then save the layout — window size included.
Set up alarms
Price levels with your own sounds, and the alert for market-wide cascades.
The widgets at a glance
| Widget | Answers | Page |
|---|---|---|
| Chart | What is price doing right now, second by second? | Chart |
| Real-Time Liquidations | Who is being liquidated, at what price, on which venue? | Liquidations |
| Liquidation Heatmap | Which symbols are taking the damage, and on which side? | Liquidations |
| Total Liquidations | How much has been liquidated in the last 5 minutes to 24 hours? | Liquidations |
| Top 10 Liquidation Events vs Now | Does today belong on the all-time list? | Liquidations |
| Mark Price Gap Tracker | Which books are dislocating from mark price? | Gap tracker |
| Alarm Center | What should wake me up? | Alarm center |
What is planned next
Dates are targets for a project still under active development, not commitments.
- Hyperliquid in full — Q3 2026. Perp DEX liquidations move from partial coverage into the same tape, heatmap and totals as the CEX venues.
- DEX terminal — Q4 2026. A terminal for DEX traders: CEX–DEX arbitrage, whether a token can actually be deposited and withdrawn, and the liquidity and holder concentration behind it. Far enough from liquidations to be a separate app with its own staking tiers — but it launches under the same $LIQTERM rather than a second token, so liquidity is not split in two.
- A 24-hour YouTube live stream — Q4 2026. Market conditions broadcast continuously from the terminal itself, as a public demo of the trading dashboard.
- Refined data for AI agents, and exchange API integration — Q4 2026. The same feeds the terminal reads, shaped for programmatic consumers rather than for a screen. This is not sold by tier: it is scoped and priced after a direct conversation. None of it is implemented yet.
The token
Access to the terminal is unlocked by holding $LIQTERM rather than by a monthly cash subscription. The token is live on Robinhood Chain and still on the pons bonding curve; the staking, burn and buyback contracts are designed but not deployed.
Contracts overview
What exists today versus what is designed, with the status legend.
$LIQTERM
Supply, chain, the bonding curve, and where to verify it yourself.
$LIQTERM is a utility token used to unlock access to this software. It is not an investment, it gives you no claim on the project’s revenue, equity or profits, and nothing in these docs is a prediction about price. Crypto assets are volatile and you can lose everything you put in.