Crowding and liquidations manager

The manager is the home surface of the terminal. It puts the whole book in one panel: crowd positioning and forced unwinds across perp markets, at a glance, so you can see where risk is forming without opening one chart at a time.

What it shows

For each tracked market, the manager shows the crowding index and recent liquidation flow side by side. Crowding tells you how loaded a market is. Liquidations tell you whether that load is starting to release. Seeing them together is the point: either number alone is only half the picture.

It also surfaces state flags, short markers that call out a notable condition on a market before the move fully prints, so the panel points your attention rather than making you scan every row.

Sorting by the squeeze

The manager is built to be sorted by where a squeeze is forming. Instead of reading markets alphabetically, you can rank them by crowding, by liquidation activity, or by the conditions that tend to precede a flush, and let the most stretched markets float to the top.

A header summary gives you the shape of the whole set at once. In a walkthrough this might read as 12 markets tracked, 48 million dollars liquidated over 24 hours. Those numbers are illustrative, included to show the format, not live data.

From a row to a read

Every row is one click from a full risk read. You open a market and get the plain-language interpretation: where the crowd sits, what unwinds if the level breaks, and how crowded is too crowded for that market. From there you can ask a follow-up in chat, set an alert, or arm an agent.

Why a single panel

Watching many markets in many tabs is how you miss the one that matters. Collapsing crowding and liquidations for the whole set into one sortable panel means the manager does the watching, and you spend your attention on the markets that are actually moving toward a break.