Market Depth Lab was started by an experienced market participant. We are enthusiastic HYPE supporters, conduct extensive Hyperliquid research, and share part of our research toolkit free for public use. We also publish tools, indicators, and research informed by experience across crypto and US equity meme trading. Supporting an ecosystem does not replace independent judgment, so substantive pages still expose data boundaries, review dates, calculations, and risk limits.
Who maintains Market Depth Lab?
Market Depth Lab was founded by a long-time crypto trader and publishes under one accountable editorial identity: Market Depth Lab Research Desk. “We” refers to the project and its research work; it is not intended to imply a large institution or a roster of invented analysts.
The founder was an early BTC and ETH trader, has appeared on the OKX and Binance derivatives profit leaderboards, and has been active on Hyperliquid since 2024 as part of its early user cohort. That experience helps us identify the questions traders actually need to answer, where popular indicators can mislead, and what makes a research tool useful in practice.
Trading experience helps us ask better questions, but it does not substitute for evidence. Claims about fees, access, funding, positions, or market data still return to public endpoints, official documentation, timestamps, and reproducible calculations.
The project is independent. It is not Hyperliquid, a centralized exchange, a broker, a token issuer, or an investment adviser. Product names are used to identify the markets and public interfaces being researched, not to imply endorsement or affiliation.
Why begin with HYPE and Hyperliquid?
We are HYPE enthusiasts and supporters, and we have invested substantial hands-on research time in Hyperliquid. The project began with work on fees, TWAP schedules, large accounts, position structure, funding rates, and public APIs. Rather than keep those methods inside a private trading workflow, we are turning the parts that are safe to publish, explainable, and permissionless into free tools.
That support is a disclosed point of view, not a hidden assumption. Believing in an ecosystem does not require every result to be positive. Our tools surface endpoint failures, small samples, estimation error, and coverage limits. We want people to use them because the work is inspectable, not because we hold a particular market view.
Research beyond HYPE
Our experience also spans broader crypto trading and US equity meme trading. The published tools and guides focus on practical questions such as trading costs, funding, position concentration, address behavior, and the conditions under which a popular indicator stops being useful.
Reducing an information gap does not mean offering inside information or promising higher returns. It means turning scattered public material into inputs, calculations, and boundaries that readers can inspect. A useful page should show where a number came from, how it was derived, and what the tool cannot answer.
What does the project provide?
The site is organized around decisions a trader or researcher can verify:
- Read-only tools for fees, HYPE conversion, public TWAP schedules, public wallet activity, monitored-position summaries, market-level holder samples, and funding rates.
- Decision guides that answer a narrow question, state the relevant jurisdiction or product boundary, and link the strongest available source.
The tools do not connect a wallet, request an API key, execute orders, identify anonymous people, or turn a monitored sample into a claim about the entire market. A successful request is described as current only for the timestamp and endpoint shown on the result.
The tools we use in trading, shared free
In day-to-day trading, we regularly watch price indicators, trading fees, funding rates, position direction, concentration, large orders, and address activity. That information is scattered across venues and interfaces, which makes it time-consuming to assemble. Some products that provide similar views also charge a subscription.
The published Market Depth Lab tools expose the queries, calculations, and monitors we actually use. Users do not need a paid membership or a connected trading account to inspect the core data, and every tool currently listed on the site is free to use.
The information gap we want to reduce is not access to secret tips. It is the cost of finding, organizing, and understanding public information. If a tool helps someone see fees, positions, risk, or market structure more clearly, it should be simpler, more transparent, and easier to access.