Deleveraging and liquidation history
Synapse Liquidation & Deleveraging HistorySYNUSDT
Binance USD-M perpetual - data to 2026-07-31
Events on record
74
OI contraction + price stress days
Long flushes
70
price fell
Short squeezes
4
price rose
Most recent
2026-07-28
Exchange liquidation feeds are rate-limited industry-wide, so every provider's total-liquidations number is an estimate. This page instead identifies deleveraging days directly from open-interest contractions: when large positions close within a day under price stress, it is visible in the OI record itself.
15 largest deleveraging events
| # | Date | Open-interest change | Price move | Type |
|---|---|---|---|---|
| 1 | 2026-02-01 | -54.08% | -30.05% | Long flush |
| 2 | 2025-10-10 | -23.47% | -31.86% | Long flush |
| 3 | 2025-07-23 | -35.78% | -18.32% | Long flush |
| 4 | 2024-12-09 | -33.11% | -18.90% | Long flush |
| 5 | 2026-02-05 | -34.23% | -18.16% | Long flush |
| 6 | 2026-07-13 | -24.06% | -23.81% | Long flush |
| 7 | 2024-10-11 | -100.00% | +5.22% | Short squeeze |
| 8 | 2025-05-30 | -36.96% | -13.87% | Long flush |
| 9 | 2024-11-20 | -31.89% | -13.51% | Long flush |
| 10 | 2024-10-25 | -31.96% | -13.05% | Long flush |
| 11 | 2025-11-03 | -27.32% | -15.13% | Long flush |
| 12 | 2026-07-23 | -17.87% | -20.84% | Long flush |
| 13 | 2025-02-24 | -24.24% | -15.05% | Long flush |
| 14 | 2025-01-07 | -30.68% | -11.66% | Long flush |
| 15 | 2026-07-04 | -18.22% | -19.46% | Long flush |