In DevelopmentOrder Flow
Depth of Market (DOM)
A price ladder showing bid and ask depth level by level, with liquidity distribution and recent trades.
Trading Terminal · Order Flow & Market Microstructure
Liquidity X-Ray
Visualize displayed order-book liquidity over time — where resting orders build, move and disappear.
In Development — Targeting December 2026
HMAPLiquidity HeatmapBTC/USDT PERP · CRYPTO · L2Concept render · illustrative data
68,33868,31668,29468,27268,25068,22868,20668,18468,162
Controls
Price line
Cursor
- Price
- —
- Time
- —
- Resting
- —
Depth Σ (now)
68,3073.0k
68,2712.2k
68,2293.0k
68,1981.7k
lowhigh
10:41:18HMAP · displayed liquidity only · hidden/iceberg orders not visible · simulated feedSIMULATED DATA · NOT LIVE · IN DEVELOPMENT
Demo data · simulated feed. Illustrative only — not live market data and not investment advice. Try it: click rows, tabs and controls.
Demo AvailableA working demonstration exists and has been shown publicly. It is not yet available to users.
Overview
The order book is a snapshot that changes many times a second. Liquidity X-Ray, a liquidity heatmap, turns that stream into a picture: price on one axis, time on the other, and color intensity showing how much resting liquidity was displayed at each price at each moment.
Large resting orders appear as bright horizontal bands. You can see them build, see price react to them, and see them pulled before price arrives. It is one of the clearest ways to see the structure that a price chart alone does not show. Its demonstration pairs the heatmap with a depth ladder and a 3D view of the book.
Demonstrated in the ORVINUS feature series
Capabilities
What It Is Designed to Do
Intended capabilities. The released feature may differ.
Displayed liquidity over time
Resting order size by price, plotted continuously as a heat map behind price.
Depth concentration
Bands highlight prices where unusually large liquidity is displayed.
Liquidity changes
See orders added, pulled or consumed as price approaches.
Potential liquidity zones
Persistent bands mark areas worth watching — as context, not as predictions.
3D book view
An exploratory three-dimensional view of depth over time and price.
In practice
Workflow & Limits
Intended workflow
- Open the heatmap for an instrument.
- Identify persistent liquidity bands near price.
- Watch how price behaves as it approaches them.
- Cross-check with the depth ladder and aggressor tape.
What to keep in mind
- A heatmap shows displayed liquidity only. Hidden or iceberg orders are not visible, and displayed orders can be cancelled at any time.
- For NSE/BSE instruments the depth comes through broker data integrations, so the number of levels and symbols that can be watched at once is limited.
- This page describes a feature in development. It is not available to use yet.
Data requirementRequires order-book (market depth) data. For NSE/BSE instruments the terminal is planned to use depth delivered through broker data integrations, so the number of levels and symbols available depends on what those integrations provide. The view is live-only; recorded depth history depends on future licensing.
Related
Works Well With
Demo AvailableOrder Flow
Advanced Footprint Charts
See buy and sell volume at every price inside each bar — with delta, imbalances and volume clusters.
Demo AvailableOrder Flow
Whale Flow
Surfaces unusually large trades and volume bursts relative to each instrument's normal activity.
Coming Soon — Targeting Late 2026
Interested in Liquidity X-Ray?
Register your interest in the ORVINUS Trading Terminal and tell us that Liquidity X-Ray is what caught your attention.
Registration records your interest. It does not guarantee access to testing or the product.