Hide your size and liquidation price
The protocol for hidden leverage. Mutexa splits every perp and loan across unlinkable accounts, so the market sees ordinary users and no line to hunt.
Built for the venues you already trade on:
Starting with the largest public venues.
- Hyperliquid
- Jupiter Perps
- Aave
- Morpho
- GMX
- Drift
- Kamino
- Arbitrum
- Base
- Solana
- Hyperliquid
- Jupiter Perps
- Aave
- Morpho
- GMX
- Drift
- Kamino
- Arbitrum
- Base
- Solana
Starting with the largest public venues.
In March 2025 a trader publicly recruited others to push Bitcoin into a whale's $85,592 liquidation level. Every tracker showed the line.
Source: Cointelegraph- Split one perp across unlinkable accounts
- Staggered margin turns one line into a band
- Slices stay under whale-alert sizes
| Wallet | Size | Lev | Liq |
|---|---|---|---|
| 0xb3…77fWhale alert | $8.62M | 11x | $93,140 |
One position, many slices
Split it before they see it
1▌
Protocol
The complete layer for hidden leverage
- Venue adapters for perps and lending on every chain
- Private funding rails chosen per chain
- Fresh accounts derived from a signature on your device
- Local risk engine that guards every slice
- Linkability score that shows what trackers can still see
Built for every chain
Leverage, unseen on every venue
Non-custodial ✓
Keys on device ✓
Hidden stops
$11.1B
Hyperliquid open interest
2026-10-18
$255.6B
Solana perps volume, H1 2026
2026-07-02
$27M
Aave liquidated in one glitch
2026-03-10
$99,801
Liq price shown for a 391 BTC short
2026-10-10
Every chain
Perps and lending
- Hyperliquid
- Solana
- Ethereum
- Arbitrum
- Base
- BNB Chain
- Polygon
- Optimism
- Hyperliquid
- Solana
- Ethereum
- Arbitrum
- Base
- BNB Chain
- Polygon
- Optimism
Public market data, dated. Sources in the whitepaper.
On the record
From whale hunts to lending wipeouts
391 BTC short, liq $99,801
Trackers showed a $32.4M Hyperliquid short at 13x, with its liquidation price, for anyone to aim at.
Read source$36.8M sold to defend a short
A whale sold 616,675 HYPE to defend a $103M short as the price neared his liquidation level.
Read sourceLiquidated seven times in ten hours
A closely watched ETH long was hit again and again. Trackers expose exact liquidation zones.
Read source$1.1B at 40x, tracked live
James Wynn's Hyperliquid position was followed in real time by everyone watching.
Read source391 BTC short, liq $99,801
Trackers showed a $32.4M Hyperliquid short at 13x, with its liquidation price, for anyone to aim at.
Read source$36.8M sold to defend a short
A whale sold 616,675 HYPE to defend a $103M short as the price neared his liquidation level.
Read sourceLiquidated seven times in ten hours
A closely watched ETH long was hit again and again. Trackers expose exact liquidation zones.
Read source$1.1B at 40x, tracked live
James Wynn's Hyperliquid position was followed in real time by everyone watching.
Read sourceReady to go unseen?
Get early access to the first venue, and read exactly what it hides and what it can't.
Non-custodial · Keys never leave your device · Independent audit before launch