# Hyperliquid liquidation — X 热门讨论 (2026-09-22 07:41 UTC)
## @InvestorLee19 (Investor Lee ✨) · 09-22 06:44 · ♥27 ↻1 💬18 while other Exchanges keep carrying out price manipulation and Wash trading to boost metrics/stats.....
putting users at risk of losing their funds.
Hyperliquid decided to remain transparent by making large perp trades visible in real time
>every fill >opened position >entry price >leverage/unrealized PnL and estimated liquidation price....
is queryable by wallet address through the public API
the interesting part is, anyone can pull this data without even logging in
this is what makes it different from Binance or Bybit, where you only see deposits hitting an exchange wallet and then the actual trade disappears 😅
Hyperliquid is built different 👊 > 引用 @HLglobal_: Hyperliquid turned perps into a spectator sport.
@guthixHL on how onchain positions on HL create a social layer CEXs can't offer, where billion-dollar trades play out like reality TV. https://t.co/QDJzPwBCHk https://x.com/InvestorLee19/status/2102287831947166079