WipeWatch
A pre-liquidation early-warning system for perpetual futures traders that watches your positions, the oracle feeds, and the order book to alert you before a cascade hits.
Active crypto traders running leveraged perpetual positions on DEXs like Hyperliquid, dYdX or GMX
- Real-time distance-to-liquidation gauge per position expressed in USD and basis points of adverse move
- Oracle deviation alerts when a price source diverges from spot CEXs past a configurable threshold
- Smart exit suggestions that pre-stage reduce-only orders once liquidation risk crosses a user-set buffer
- Post-mortem reports explaining exactly why a liquidation happened, including contributing trades and oracle state
A $57M cascade on Hyperliquid triggered by an Oracle anomaly is exactly the kind of event that drives perp traders to look for tools beyond the exchange's own UI, and perp DEX volume continues to grow.
Recent Hyperliquid events confirm strong pain: $57M SK Hynix cascade from oracle anomaly and the Oct 10, 2025 $19B cross-exchange wipeout show perp traders acutely need pre-liquidation warnings.Hyperliquid Explains $57 Million SK Hynix Perp Liquidations ↗When One Liquidation Triggers a Thousand: Hyperliquid's Cascade Effect ↗
Direct liquidation-alert competition already exists: syzz-xd/hyperliquid-liquidations open-source bot, Coinmarketman webhook analytics, perpfinder heatmap, plus broad perp bot suites (Bitsgap, Wundertrading, goodcryptoX) — the pre-cascade angle is incremental, not novel.HyperLiquid Liquidation Alert Bot - GitHub ↗Your Trading Bot Shouldn't Poll: Webhooks for Hyperliquid Alerts ↗
Perp DEX traders pay for trading SaaS (Bitsgap, Wundertrading tiered subscriptions), but this audience is technical and already served by a free open-source alert bot, capping willingness-to-pay.Best Hyperliquid Trading Bots in 2026 (Compared) | Bitsgap blog ↗
Leveraged perpetual trading is structurally permanent and Hyperliquid/dYdX/GMX DEX volumes continue growing, so liquidation risk monitoring remains a durable need.Hyperliquid vs dYdX 2026: Fees, Liquidity & Performance ↗
Medium build: Hyperliquid WebSocket API + liquidation calc is straightforward (Chainstack publishes a full guide), but oracle-feed monitoring and order-book cascade prediction add real complexity requiring multi-DEX integration.How to build a Hyperliquid trading bot | Chainstack Blog ↗