Platform Analytics
Volume, open interest, funding, market breadth, vault and lending metrics across Hyperliquid.
Overview
Headline platform metrics at a glance.
24h Volume
$10.38B
Perps $10.23B
Open Interest
$8.72B
Across all perps
HYPE price
$58.83+11.33%
Mcap $13.09B
Markets
331
305 spot pairs
HLP Vault TVL
—
Liquidity vault
Perp 24h Volume
$10.23B
Spot 24h Volume
$152.35M
Spot Market Cap
$1571.46T
Active pairs
Avg Funding (APR)
+9.20%
Volume-weighted
Gainers (24h)
301
Markets up
Decliners (24h)
30
Markets down
Positive Funding
248 / 331
Longs pay shorts
Avg Max Leverage
10.0×
Across perps
Open interest & positioning
24h OI change vs price reveals where positions are building — new longs, new shorts, covering or unwinds.
Open interest & positioning
24h OI change vs price reveals where positions are building — new longs, new shorts, covering or unwinds.
Long vs short
How the sampled top traders are positioned — platform-wide and per market.
Long vs short ratio
Notional long vs short across the sampled wallets — global and for the most-positioned markets.
Volume & OI history
Platform totals over time, from snapshots collected since June 2026.
Total volume & open interest over time
From stored snapshots — history collection started June 2026, so longer ranges fill in as data accrues.
Loading history…Snapshots have been collected since June 2026 — this range has too few points to chart yet.
Market structure & leaders
Where volume and open interest concentrate — by asset class, by venue and by individual market.
By asset class
Crypto$5.55B54%
Commodities$1.73B17%
Indices$1.73B17%
Stocks$1.22B12%
Forex$5.71M0%
Pre-IPO$4.50M0%
Volume by venue
24h perpetual volume per dex — all 8 discovered venues (main dex + HIP-3 builders).
Hyperliquid179 markets$5.56B · 54%
trade.xyz73 markets$4.56B · 45%
cash15 markets$84.88M · 0.83%
km10 markets$18.24M · 0.18%
hyna22 markets$4.75M · 0.05%
Ventuals13 markets$4.50M · 0.04%
flx15 markets$1.13M · 0.01%
para4 markets$576.85K · 0.01%
Top markets by 24h volume
Top Gainers (24h)
Funding
Perpetual funding across every market — the platform-wide sentiment and the full per-market heatmap.
Funding sentiment
Across liquid markets — positive funding means longs pay shorts.
227 positive63 negative
Highest (APR)
OIL+626.08%
KR200+593.42%
HYUNDAI+330.84%
XMR+175.25%
Lowest (APR)
BIRD-606.17%
USA500-600.79%
TRX-263.50%
JP225-214.86%
Funding Rates — annualised
Most extreme funding across liquid markets. Green = longs pay shorts, red = shorts pay longs.
OIL
+0.0715%
626.1% APR
BIRD
-0.0692%
-606.2% APR
USA500
-0.0686%
-600.8% APR
KR200
+0.0677%
593.4% APR
HYUNDAI
+0.0378%
330.8% APR
TRX
-0.0301%
-263.5% APR
JP225
-0.0245%
-214.9% APR
XMR
+0.0200%
175.3% APR
TON
-0.0158%
-138.7% APR
SKHX
+0.0151%
132.6% APR
NBIS
+0.0140%
122.6% APR
XLE
-0.0133%
-116.6% APR
CAR
+0.0127%
111.2% APR
SAGA
-0.0124%
-108.8% APR
STABLE
-0.0121%
-106.1% APR
PLATINUM
+0.0115%
100.8% APR
POLYX
-0.0108%
-94.8% APR
UMA
-0.0096%
-84.0% APR
PURRDAT
+0.0091%
79.7% APR
EWZ
+0.0088%
76.8% APR
BX
+0.0086%
75.1% APR
CHIP
-0.0081%
-71.4% APR
EWT
+0.0075%
65.7% APR
LAYER
-0.0072%
-63.1% APR
SNX
-0.0071%
-62.2% APR
COPPER
-0.0065%
-56.7% APR
DKNG
-0.0064%
-56.3% APR
IO
-0.0061%
-53.6% APR
EIGEN
-0.0061%
-53.1% APR
BASED
+0.0059%
51.9% APR
CRCL
+0.0056%
49.3% APR
ANTHROPIC
+0.0055%
48.3% APR
HIMS
-0.0050%
-44.1% APR
EWY
+0.0050%
44.0% APR
QNT
-0.0049%
-42.9% APR
OPENAI
+0.0049%
42.7% APR
MU
+0.0044%
38.3% APR
SPACEX
+0.0043%
37.9% APR
MU
+0.0042%
36.6% APR
kLUNC
-0.0041%
-36.1% APR
WLD
-0.0041%
-35.8% APR
CL
+0.0040%
34.8% APR
AIXBT
-0.0039%
-34.2% APR
BABA
+0.0039%
34.2% APR
GME
+0.0039%
34.0% APR
ASML
+0.0038%
33.4% APR
META
+0.0037%
32.2% APR
EWY
+0.0036%
31.6% APR
Correlation & records
Market extremes and how the top markets move relative to one another.
Market records
Extremes across the live snapshot; platform peaks come from history collected since June 2026.
Correlation matrix — daily returns
Pearson correlation of daily log returns across the top 15 main-dex perps by 24h volume. Green = move together, red = move opposite.
HLP vault
Protocol-native yield — the Hyperliquidity Provider vault.
HLP Vault TVL
Hyperliquidity Provider — the protocol's market-making vault
Lending
HyperEVM money markets — supply and borrow rates.
Borrow / Lend markets
Native Hyperliquid money markets — supply assets to earn yield or borrow against collateral.