Risk buffer is healthy
MEXCFutures
BitgetFuturesBybitUSDT
HyperliquidPerps- Wallet0x3A…9F4B
LighterPerps
62%Short38%Long
22.1%
Nearest liquidation · BTC-PERP
$1,359,446.89
Across 16 positions
For traders running hedged, leveraged books across venues
Your whole portfolio.One live risk view.
Deleverage pulls every position from your CEXs, DEXs and wallets into one portfolio: NAV, leverage, long vs short and the distance to your nearest liquidation, updated live.
One liquidation caught in time pays for years of Deleverage.
Built for traders
Three ways people run market-neutral money, one risk surface under all of them.
Funding rate arbitrage
Capture positive funding across venues while controlling liquidation risk.
Next funding+$46.12SUI/USDT
+0.38%8h est.
Market-neutral portfolios
Stay delta neutral across CEXs, DEXs and sub-accounts.
Net exposure0.4%of NAV
Target 0%±0.5% band
LP + perp hedging
Hedge LP positions, track impermanent loss and drift, and measure real coverage.
Hedge coverage101.2%USDT/WBNB
+1.2%vs target
See the risk your venues can’t show you
A single coin can have positions across multiple venues. Deleverage merges them and shows your true net exposure, so hedges that drifted apart stop hiding.
HYHyperliquidLONGQty+24Value$86,400
BYBybitSHORTQty−24.5Value$88,200
LighterLONGQty+0.5Value$1,800Total long24.5 ETH$88,200
Total short24.5 ETH$88,200
Net exposure0 ETH$0
Know whether you are actually flat
- Positions across venues, in one viewEvery leg of a coin is merged automatically, wherever it sits.
- Spot imbalances before they hurtSee your real net exposure and catch drift early.
See your real exposure before your venues hand you the bill.
Two minutes to join. No API keys until you are in.
Different exchanges. One comparable risk scale.
Every exchange calculates margin and liquidation differently.
Deleverage translates each venue’s rules into comparable risk metrics.
Venue-native input
BloFinDelta Core · CrossVenue-native formula: MEXCHedge Book · CrossVenue-native formula:
- Margin ratio
- 537.6%
- Maintenance margin
- $6,189
100 ÷ (marginRatio ÷ 100)MEXCHedge Book · Cross- Margin ratio
- 0.526
- Tier MMR
- 0.40%
marginRatio × 100BYBybitFunding Yield · Cross
Venue-native formula: - accountMMRate
- 0.387
- Maintenance tiers
- Dynamic
accountMMRate × 100
Normalization engine
We translate each venue’s rules into a unified model and compute comparable risk metrics.
- Apply venue formula
- Normalize to common scale
- Compute comparable risk
Unified, comparable output
Cross-account risk (normalized)BloFinDelta Core · CrossMargin ratio18.6%Liq. distance41.2%MEXCHedge Book · CrossMargin ratio52.6%Liq. distance22.9%
AccountMargin ratio(normalized)Liquidation distance(normalized)
MEXCHedge Book · CrossMargin ratio52.6%Liq. distance22.9%BYBybitFunding Yield · CrossMargin ratio38.7%Liq. distance29.5%
- Venue-native formulas underneathWe use each exchange's exact margin and liquidation logic.
- Same scale. Same logic. True comparison.All accounts are shown on the same scale for instant comparison.
Your LPs, hedged and measured
LP tokens are positions too. Deleverage tracks every pool live against the perp hedge that offsets it.
- Hedge coverage, impermanent loss and drift per pool
- Uniswap, PancakeSwap, Aerodrome and other v2-style pools in one book
- Rebalancing signals when LP delta and its short drift apart
Total coverage100.6%Across 3 pools
Total IL (24h)−0.34%of LP value
Total PnL (24h)+$99.7624hLive
LP tracking covers v2-style pools today. Concentrated-liquidity (v3) positions are not tracked yet.
See funding before it hits
Projected payouts for every open leg, aggregated across venues and sorted by what they pay, before the next interval settles.
- Upcoming payouts with per-venue funding intervals
- Funding history per position and per strategy
- Projections that account for both legs of a hedge
Get called before it gets expensive
Real-time alerts for leverage, hedge imbalance, liquidation distance, LP drift and connection health.
- A real phone call for the critical ones
- Telegram and web push for everything else
- Thresholds per rule, armed and muted per venue
- Delivered where you actually notice them
Same positions.
Smarter strategies.
Strategies are user-defined containers for the actual books you run. Allocate positions by quantity, separate your hedges, and set strategy-specific alerts, while keeping exchange and account alerts at the top level.
- Your strategies, your logicGroup any perps, spot, LPs and wallet holdings into custom strategies.
- Split positions across strategiesAllocate a position by quantity — each share belongs to only one strategy.
- Focused, flexible alertingSet custom alerts per strategy, plus broader exchange and account alerts outside the strategy layer.
- ETETH-PERPHyperliquidPERP10.00 ETH$36,00040%35%25%
- BTBTCBitgetSPOT0.75 BTC$84,300—
- SOSOL-PERPBybitPERP250.0 SOL$49,500—
- USUSDCWalletWALLET12,000 USDC$12,000—
- BNBNBMEXCSPOT5.00 BNB$4,240—
PERP + SPOTHYBI
- Strategy value
- $182,640
- Funding collected
- $5,612
- Instruments
- 4
PERP + WALLETBYOK
- Strategy value
- $159,310
- Funding collected
- $3,842
- Instruments
- 3
LP + PERP
HY
HY- Strategy value
- $112,608
- LP payouts
- $2,256
- Instruments
- 5
- Funding Arb 01Funding rate flipAlert when funding rate turns negative
- Funding Arb 02Position imbalanceAlert when allocation deviates by > 5%
- LP + Perp HedgeLP rewards dropAlert when 24h LP rewards drop by > 20%
- Exchange ruleBloFin leverage > 7.0xAlert when any position on BloFin is > 7.0x
One book, every venue, one alert before it matters.
A closed beta for a small, selected group of traders. Tell us how you trade; referrals get you noticed.
Connect what's supported. Track what isn't.
Deleverage merges live connections and manual venues into one risk surface.
AsterDEX
BackpackCEXBingXCEX
- BitgetCEX
BitMartCEX
BitunixCEX
CoinExCEXCoinWCEX
dYdXDEXEdgeXDEX
ExtendedDEX- WalletsWallet
Missing a venue? Use a Manual Account.
A Manual Account holds the balance and positions you enter by hand, for any exchange or sub-account we do not connect to yet. It rolls up into the same portfolio view.
- 1Add accountName the venue or sub-account it stands for.
- 2Map positions / balancesEnter positions and balances.
- 3See it in the same portfolio viewEverything rolls up into your unified risk surface.
- Appears alongside
API venues
- No API key needed
- Any venue, any quote currency
- Counts in NAV, exposure and alerts
Stress-test the book before the market does
Try the demo portfolio with the app's risk engine. Move all prices together and see which account reaches its threshold first.
0.0%market move
-50%-25%0%+25%+50%
account liquidation isolated positionclick a marker to jump the slider
At 0.0% every tracked account survives
First liquidation+18.5%Bybit · Funding Yield
Liquidated here0 of 4cross accounts
Collateral exposed$00.0% of tracked equity
Cross equity at scenario$183kfrozen at each liquidation threshold
Cross accountsAccount-wide liquidation under one common market move
BybitFunding Yield
Equity$33k
Breaks at+18.5%
Room left18.5%
MEXCHedge Book
Equity$51k
Breaks at+30.3%
Room left30.3%
BloFinDelta Core
Equity$78k
Breaks at-43.0%
Room left43.0%
LighterBasis Arb
Equity$21k
Breaks at+52.6%
Room left52.6%
Isolated positionsEach leg liquidates independently at its exchange-reported price
PositionSideNotionalMarkLiq. priceRoom left
Synthetic data. One uniform market move, with a safety allowance for venue rules. Estimates, not predictions; exposed collateral is not a forecast of realized losses.
Your history, charted and exportable
Every NAV snapshot and every funding payout is kept. Read it on the chart, take it away as CSV.
+15.0% in 30 days
Recent closed positions
PositionVenueSideClosedRealized PnLFunding paid
ETH/USDTMEXCSHORTAug 29, 18:42+$384.20+$67.84
SOL/USDTBloFinLONGAug 27, 09:16−$118.45−$21.36
BTC/USDTBybitSHORTAug 24, 14:08+$512.90+$93.12
HYPE/USDTLighterLONGAug 21, 03:35+$146.70+$38.41
Synthetic series. In the product, charts and exports use the history available from each connected venue.
Stop reconciling exchanges by hand.
Tell us what you trade; we onboard the venues you use first.
How it works
Deleverage is a read-only risk intelligence layer.
We connect to your venues to monitor, analyze and alert, so you can act before it costs you.
- 1
Connect
Exchanges, venues and wallets
Secure read-only connections to all your venues in minutes.
- Read-only connections to CEXs and DEXs
- Perpetuals, spot, LP pools and wallets
- No trading access. No funds moved.
- Your API keys stay in your control
BYHY+ more - 2
Monitor
Exposure, funding and liquidation risk
Live tracking of everything that impacts your positions.
- Positions, hedges and leverage
- Funding rates and funding projections
- Liquidation distance and hedge imbalance
- LP drift, volatility and anomalies
- 3
Get alerted
Before small issues become expensive
Smart, configurable alerts delivered where you already are.
- Phone call for critical alerts
- Telegram and web push
- Armed, muted and scoped per venue
- You act — we never trade
- 100% read onlyWe never trade or move funds
- Zero trading accessNo order placement permissions
- Your funds stay yoursYou keep full control, always
- Real-time by designBuilt for speed so you can act first
Questions before you connect
What the product does, how the risk numbers work, and where the boundaries are.
Does Deleverage place trades or move funds?
No. Deleverage is a monitoring and analytics product. Exchange connections are read-only, wallet connections use public addresses, and the product does not submit orders or withdraw assets.
What can I monitor in one portfolio?
Open perpetual positions, exchange spot and funding balances, wallet assets, v2-style LP positions, realized funding, closed-position history and manual venues. Coverage varies by the APIs made available by each venue.
How are margin ratio and liquidation distance made comparable?
Each exchange has its own margin fields, maintenance tiers and liquidation rules. Deleverage applies that venue's mechanics first, then normalizes the result into a common margin ratio and the adverse market move required to reach liquidation. Isolated positions use the venue-reported liquidation price when available; cross accounts stress the entire long and short book in both directions. The page for every exchange shows the data source, the formula used and whether the result is reported, derived or estimated, so it can be verified against the venue.
What happens when an exchange or RPC is delayed?
Freshness and component health are tracked separately. The interface marks stale, degraded, held or cached data instead of presenting an old snapshot as live, and connection-health alerts can notify you when a source stops updating.
Can I monitor hedges across different venues?
Yes. Positions are normalized by coin and can be grouped to show net quantity, long and short legs, funding carry and directional liquidation risk. Selected spot, funding, wallet and LP quantities can also participate in the hedge calculation.
How does historical data work?
The first connection sync imports a bounded recent window. You can request older funding and closed-position history later; Deleverage paginates and batches requests within each venue's limits, then reports whether the interval was empty and the oldest result found.
Which alerts and delivery channels are available?
Rules cover leverage, margin and liquidation risk, funding, hedge imbalance, LP drift and data health. Notifications can be delivered through Telegram, web push and Twilio phone calls, with bounded retries and visible delivery errors.
How are my API keys handled?
Your API credentials are encrypted at rest and are not displayed after saving. Use read-only permissions: Deleverage monitors positions, balances and history, and never places orders or withdraws funds. Where supported, restrict access to specific IPs. You can revoke access at any time from your exchange.
Which venues are supported, and what if mine is missing?
Twenty-seven exchanges and DEXs today, listed on this page, plus wallets by address. For anything else, a Manual Account lets you enter positions and balances by hand so they roll up into the same portfolio, risk view and alerts as API-connected venues.
How fresh is the data?
Every connection re-syncs about once a minute for positions, balances and next funding. History is fetched in paginated windows within each venue's rate limits. Every figure carries its own freshness: the interface shows when a component was last updated and marks it stale or degraded rather than presenting old data as live.
What does the closed beta cost, and how do I get in?
The closed beta is free. It opens to a limited number of traders picked from the waitlist: the profiles the product is built for, and those other traders vouch for through referrals. Pricing will be announced before general availability, and people on the list hear about it first.
Are the values in the live demo real account data?
No. The demo is populated with synthetic positions, balances, histories and alerts designed to show the product safely. It never exposes another user's portfolio.
Monitor every venue in one place.
Sleep with fewer tabs open.
Join the closed beta and monitor risk, exposure, funding and LP hedges in one place.
For individual traders and professional desks.