Hyperliquid derivatives intelligence. In context.

Find what matters across Hyperliquid. PerpMetric ranks unusual moves in price, open interest, funding and positioning — so you know where to look first.

HYPERLIQUID PERPETUAL FUTURES LIVE MARKET DATA INDEPENDENT ANALYTICS

SYSTEM TELEMETRY

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QUALITY POLICY —

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1H MARKET STATE

Participation snapshot

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Advancing —

Declining —

Flat —

OI Expanding —

OI Contracting —

Median Return —

Raw 1h market breadth. No predictive score or trading recommendation is applied.

Listed Instruments — Core + HIP-3

Total Open Interest — listed universe

24h Volume — listed universe

Analytics Eligible — Core + HIP-3

MARKET LEADERS

Hyperliquid movers

Core universe · loading

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MARKET BREADTH

Participation & positioning

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SIGNAL INTELLIGENCE

Unusual market activity

See which Hyperliquid markets stand out right now. We compare price moves, open interest, funding and the mark/oracle price difference with each market's recent history.

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RESEARCH WORKSPACE

What followed a similar signal?

Choose a market, inspect one signal condition and compare what happened next across five time horizons.

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HOW TO USE RESEARCH

Market → signal condition → historical outcome. This is context for the current market, not a prediction.

SELECTED MARKET

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Core

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SIGNAL CONDITION

Choose the situation to compare

Checking current signal

Comparable situation

Looking for an active signal in the selected market…

HISTORICAL OUTCOME

What happened next?

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Median returns describe the middle historical observation; ranges show the middle 50%.

DATA QUALITYCoverage and exceptions Loading

Completed outcomes—

Average coverage—

Conditions—

Data exceptions—

ADVANCED EXPLORERInspect all condition cells Loading

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Signal metric Direction Severity path Forward horizon Minimum sample

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Signal condition	Horizon	Sample	Median return	Middle 50%	Positive	Median excursion	Coverage
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MARKET-WIDE BENCHMARK Compare this condition with the wider market set Loading benchmark

Optional analyst context for the selected condition. This is a broad Core or HIP-3 reference, not another signal.

Signal condition	Horizon	Sample	Median return	Middle 50%	Positive
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MARKET WORKSPACE

Markets

Explore the full Hyperliquid instrument universe or switch to PerpMetric Core analytics without leaving the workspace.

MARKET DATA

All instruments

Live Core and HIP-3 perpetual markets across Hyperliquid builders. Eligible HIP-3 instruments now pass PerpMetric's analytics readiness gate.

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Sorted by 24h Volume · descending


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INSTRUMENT SNAPSHOT

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MID-PRICE HISTORY

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CORE ANALYTICS

Core analytics

Returns, funding, open interest and cross-market features for the Hyperliquid Core universe.

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Core universe · feature analytics Sorted by 24h volume


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ANALYSIS LIBRARY

Understand the market behind the metrics

Plain-language guides to Hyperliquid market structure, PerpMetric research and data-quality states.

Market analysisPrice, participation, positioning and breadth. Funding ratesRead unusually high and low funding in context. Open interestCombine exposure changes with price and funding. Historical researchUnderstand medians, ranges and completed outcomes. MethodologyHow PerpMetric builds and compares conditions. Data qualityCoverage, calibration and availability explained.