Protocol field guide · hub

Hyperliquid Research Hub

A task-based directory for Hyperliquid access, fees, public wallet data, and trading workflow questions, built from primary sources.

Published directory

Choose a research task

16 published pages in this cluster. Every item below is a working link.

01 / Access check

Does Hyperliquid Require KYC?

Does Hyperliquid require KYC? See the current wallet and email onboarding flow, when ID is not requested, and where separate KYC or KYB checks can still apply.

F1 high risk 02 / Jurisdiction check

Is Hyperliquid Available in the US?

Is Hyperliquid available in the US? See who the official interface Terms restrict, why an API or VPN does not change eligibility, and what US users should check.

F1 high risk 03 / Working calculator

Hyperliquid Fee Calculator

Estimate Hyperliquid spot or perpetual fees from published tiers, then model staking, referrals, maker rebates, market multipliers, and builder or deployer fees.

F1 medium risk 04 / Live converter

HYPE to USD Calculator: Live Spot and Perp Prices

Convert HYPE to USD with the HYPE/USDC spot midpoint, compare the HYPE perpetual midpoint and basis, and share a timestamped calculation.

F1 low risk 05 / HYPE converter

HYPE to USD Converter

See how much 1, 10, 50, 100 or 500 HYPE is worth in US dollars, convert any custom amount in either direction, and share the selected amount with one canonical URL.

F1 low risk 06 / Live TWAP monitor

Hyperliquid TWAP Tracker for Large Orders

Monitor active large Hyperliquid TWAP schedules with asset, side, size, live mark, estimated notional, duration, elapsed schedule time, and public address.

F1 high risk 07 / Address analyzer

Hyperliquid Wallet Tracker

Analyze a public Hyperliquid address with positions, liquidation distance, PnL history, open orders, spot balances, recent fills, drawdown, fees, and concentration checks.

F1 high risk 08 / Live flow monitor

Hyperliquid Large Deposit & Orderbook Wall Monitor

Monitor large native USDC deposits into Hyperliquid and unusually large BTC, ETH, and HYPE public L2 orderbook levels, with wall lifecycle changes and clear attribution limits.

F1 high risk 09 / Position monitor

Hyperliquid Large Trader Positions

Track money-weighted long and short exposure across main Hyperliquid perpetuals and HIP-3 markets using transparent monitored-address cohorts.

F1 high risk 10 / Holder drill-down

Hyperliquid Top Position Holders by Market

Select BTC, HYPE, or a HIP-3 pair and rank monitored public addresses by current position notional, direction, entry, PnL, leverage, and liquidation price.

F1 high risk 11 / Funding monitor

Hyperliquid Funding Rates: Current and 24-Hour Monitor

Compare current hourly and trailing 24-hour Hyperliquid funding rates across main perpetuals and HIP-3, with payer direction, annualized comparisons, open interest, and volume.

F1 high risk 12 / Live synthetic-equity perp data

CXMT Perp on Hyperliquid

Live xyz:CXMT perpetual price, funding, open interest, 24h volume and contract specifications on Hyperliquid, followed by the difference from 688825.SH shares and company background.

F1 high risk 13 / Live HIP-3 synthetic market

UNITREE on Hyperliquid — Live HIP-3 Funding, OI and Volume

Live xyz:UNITREE HIP-3 perpetual funding, OI, volume, mark and oracle prices, with the post-listing reference to Unitree's 688836 STAR Market share explained.

F1 high risk 14 / Live HIP-3 market

SKHX on Hyperliquid — Live Funding, Open Interest and Volume

Track the xyz:SKHX HIP-3 perpetual with live price candles, funding, open interest and 24-hour volume, and understand how it differs from SK hynix shares.

F1 high risk 15 / Live HIP-3 market

SPCX on Hyperliquid — Live Funding, OI, Volume and Price

Track the xyz:SPCX HIP-3 perpetual with live candles, funding, open interest and volume, with clear boundaries between the derivative and SpaceX equity.

F1 high risk 16 / Live energy comparison

Hyperliquid Oil and Energy Perpetuals — Brent, WTI and Natural Gas

Compare live BRENTOIL, CL and NATGAS HIP-3 perpetual prices, funding, open interest and volume in one energy-market dashboard.

F1 high risk

Cluster brief

Hyperliquid combines an onchain order-book trading system with public account and market data. This hub separates access checks, fee estimation, official-market HYPE calculation, common-amount HYPE/USD conversion, large TWAP monitoring, public-wallet analysis, monitored positions, market-level holder rankings, and funding analysis.

Launch tasks11Access, availability, fees, two distinct HYPE conversion tasks, TWAPs, wallets, positions, holder drill-downs, and funding.

Source floorOfficialProtocol documentation or current interface terms.

Review cadence14–30 daysFaster for access and fee rules.

What this directory covers

The launch version stays narrow. It does not try to define every protocol component or publish generic token commentary. It begins with questions that can change a user’s next action: access, the published fee schedule, official-market HYPE calculation, common HYPE amounts in USD, large TWAP schedules, and what can actually be inferred from public account data.

How to use it

Start with access and jurisdiction before opening a trading workflow. Use the fee and HYPE calculators as reference estimates, the TWAP monitor as a research feed, and the wallet tracker to inspect observable account state—not to invent an identity or copy an unknown strategy. The large-position monitor and holder drill-down add a scheduled address index while keeping each cohort denominator visible. The funding monitor separates live hourly rates, exact trailing 24-hour sums, and annualized comparisons instead of collapsing them into one yield number. Each child page shows its last-checked date, next review date, and evidence boundary.

What is deliberately excluded

We do not connect wallets, provide trade signals, identify anonymous people, or recommend ways around regional restrictions. Token forecasts and news aggregation are also outside this first release because they decay quickly and are difficult to distinguish from the existing search surface without original data.