# hyperliquid.build

> Independent execution-cost data and field notes for people building on Hyperliquid. Not affiliated with Hyperliquid Labs, the Hyper Foundation or any HIP-3 deployer.

## Facts
- Liquidity Lab: spread, order-book depth within 10/25/50 bps and simulated market-order slippage ($1k–$250k) for 109 live HIP-3 markets on the xyz deployer, split by US session (regular hours, extended, overnight, weekend/holiday).
- Source: our own collector polling the public Hyperliquid l2Book endpoint (20 levels per side) roughly every 6 minutes since 2026-06-16; assetCtxs, funding and meta endpoints for volume, open interest, funding and fees. Rebuilt daily; last rebuild 2026-10-01 02:22 UTC.
- Slippage = average fill price of a market order walking the visible book vs mid, in bps; median and p90 per session; "fills" = share of snapshots where the size fits inside the 20 visible levels.
- HIP-3 taker fee formula used: 4.5 bps × (1 + deployerFeeScale) × 0.1 when growth mode is enabled (xyz fee scale 1.0 → 0.9 bps with growth mode, 9 bps without).
- Funding APR = 30-day mean of hourly settlement rates × 24 × 365; positive means longs pay shorts.
- Hyperliquid openInterest is the sum of both sides, not one side. WebSocket user subscriptions are capped at 15 distinct users per IP. Rate limits are per IP and shared by every process on the box.
- All metrics are free static JSON under /data/xyz/: free with attribution, no bulk redistribution, rate-limited per IP (terms: /methodology/#data-terms). The site is not investment advice and sells nothing.

## Pages
- https://hyperliquid.build/
- https://hyperliquid.build/lab/
- https://hyperliquid.build/handbook/
- https://hyperliquid.build/handbook/data-semantics-open-interest-and-l2book/
- https://hyperliquid.build/handbook/hip3-fees-growth-mode-funding/
- https://hyperliquid.build/handbook/hyperliquid-rate-limits-in-practice/
- https://hyperliquid.build/handbook/websocket-15-user-cap/
- https://hyperliquid.build/methodology/
- https://hyperliquid.build/lab/xyz/CL/ : xyz:CL liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/XYZ100/ : xyz:XYZ100 liquidity (Index)
- https://hyperliquid.build/lab/xyz/SP500/ : xyz:SP500 liquidity (Index)
- https://hyperliquid.build/lab/xyz/SKHX/ : xyz:SKHX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BRENTOIL/ : xyz:BRENTOIL liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/SNDK/ : xyz:SNDK liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SILVER/ : xyz:SILVER liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/MU/ : xyz:MU liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SPCX/ : xyz:SPCX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/GOLD/ : xyz:GOLD liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/DRAM/ : xyz:DRAM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SKHY/ : xyz:SKHY liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/NVDA/ : xyz:NVDA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/META/ : xyz:META liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/CRCL/ : xyz:CRCL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SMSN/ : xyz:SMSN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/INTC/ : xyz:INTC liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SOXL/ : xyz:SOXL liquidity (ETF)
- https://hyperliquid.build/lab/xyz/GOOGL/ : xyz:GOOGL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/HOOD/ : xyz:HOOD liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AAPL/ : xyz:AAPL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/TSLA/ : xyz:TSLA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AMD/ : xyz:AMD liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/EWY/ : xyz:EWY liquidity (ETF)
- https://hyperliquid.build/lab/xyz/NBIS/ : xyz:NBIS liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MSTR/ : xyz:MSTR liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/ORCL/ : xyz:ORCL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MSFT/ : xyz:MSFT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/KORU/ : xyz:KORU liquidity (ETF)
- https://hyperliquid.build/lab/xyz/CXMT/ : xyz:CXMT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AMZN/ : xyz:AMZN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/COIN/ : xyz:COIN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MRVL/ : xyz:MRVL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/CBRS/ : xyz:CBRS liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/UNITREE/ : xyz:UNITREE liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/JPY/ : xyz:JPY liquidity (FX)
- https://hyperliquid.build/lab/xyz/NATGAS/ : xyz:NATGAS liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/DELL/ : xyz:DELL liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/PURRDAT/ : xyz:PURRDAT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/ZHIPU/ : xyz:ZHIPU liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/CRWV/ : xyz:CRWV liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/PLTR/ : xyz:PLTR liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AVGO/ : xyz:AVGO liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/COPPER/ : xyz:COPPER liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/BB/ : xyz:BB liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/KIOXIA/ : xyz:KIOXIA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MRNA/ : xyz:MRNA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BE/ : xyz:BE liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/EUR/ : xyz:EUR liquidity (FX)
- https://hyperliquid.build/lab/xyz/RKLB/ : xyz:RKLB liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/LITE/ : xyz:LITE liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MINIMAX/ : xyz:MINIMAX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/ARM/ : xyz:ARM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BABA/ : xyz:BABA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/JP225/ : xyz:JP225 liquidity (Index)
- https://hyperliquid.build/lab/xyz/TSM/ : xyz:TSM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/WDC/ : xyz:WDC liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/QCOM/ : xyz:QCOM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/PLATINUM/ : xyz:PLATINUM liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/GME/ : xyz:GME liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AMAT/ : xyz:AMAT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SOFTBANK/ : xyz:SOFTBANK liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/NFLX/ : xyz:NFLX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/IREN/ : xyz:IREN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/LLY/ : xyz:LLY liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/HIMS/ : xyz:HIMS liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/AAOI/ : xyz:AAOI liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/NOK/ : xyz:NOK liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/CRWD/ : xyz:CRWD liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/STRC/ : xyz:STRC liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/USAR/ : xyz:USAR liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SMH/ : xyz:SMH liquidity (ETF)
- https://hyperliquid.build/lab/xyz/HYUNDAI/ : xyz:HYUNDAI liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/XLE/ : xyz:XLE liquidity (ETF)
- https://hyperliquid.build/lab/xyz/EWJ/ : xyz:EWJ liquidity (ETF)
- https://hyperliquid.build/lab/xyz/BMNR/ : xyz:BMNR liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/DKNG/ : xyz:DKNG liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/PALLADIUM/ : xyz:PALLADIUM liquidity (Commodity)
- https://hyperliquid.build/lab/xyz/GIGADEV/ : xyz:GIGADEV liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/ASML/ : xyz:ASML liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/KR200/ : xyz:KR200 liquidity (Index)
- https://hyperliquid.build/lab/xyz/SHEIN/ : xyz:SHEIN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/TLT/ : xyz:TLT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SHAZ/ : xyz:SHAZ liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/QNT/ : xyz:QNT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BOT/ : xyz:BOT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/OURA/ : xyz:OURA liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/COST/ : xyz:COST liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/SNXX/ : xyz:SNXX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/IBM/ : xyz:IBM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/EWZ/ : xyz:EWZ liquidity (ETF)
- https://hyperliquid.build/lab/xyz/NOW/ : xyz:NOW liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/EWT/ : xyz:EWT liquidity (ETF)
- https://hyperliquid.build/lab/xyz/URNM/ : xyz:URNM liquidity (ETF)
- https://hyperliquid.build/lab/xyz/NET/ : xyz:NET liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/MAGS/ : xyz:MAGS liquidity (ETF)
- https://hyperliquid.build/lab/xyz/RDDT/ : xyz:RDDT liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BX/ : xyz:BX liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/GBP/ : xyz:GBP liquidity (FX)
- https://hyperliquid.build/lab/xyz/RIVN/ : xyz:RIVN liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/NCLD/ : xyz:NCLD liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/GEV/ : xyz:GEV liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/EBAY/ : xyz:EBAY liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/ZM/ : xyz:ZM liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/LYTE/ : xyz:LYTE liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/BIRD/ : xyz:BIRD liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/XBI/ : xyz:XBI liquidity (ETF)
- https://hyperliquid.build/lab/xyz/KSTR/ : xyz:KSTR liquidity (Equity & other)
- https://hyperliquid.build/lab/xyz/CVX/ : xyz:CVX liquidity (Equity & other)