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guru.hl
@guru__hl
Contributing to Hyperliquid gives meaning to my life. @hl_eco
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Borrow / Lend tracking is live at HyperCore vs HyperEVM: - HyperCore's share of all lending on Hyperliquid - Total supplied on both ledgers over time, also by lendable supply and by amount borrowed - Market share by lender over time: HyperCore, HyperLend, Morpho, and more. - What is being borrowed on each ledger, stablecoins against HYPE - Stablecoin supply rates on HyperCore against the best HyperEVM markets HyperCore: - Total supplied by reserve over time: HYPE, USDC, BTC, USDT - Total borrowed by reserve over time - HYPE and BTC collateral posted over time - Every reserve's supply, borrowing, utilization and rates - The interest rate model, with where each reserve sits on it - Supply and borrow caps Deposit Rates: - The USDC rate depositors earn on HyperCore, every day since the market opened - USDC borrowed next to the deposit rate - The rate and utilization, month by month HyperEVM: - Outstanding debt and total supplied by market over time - All lending markets ranked by deposits and debt Hyperliquid.
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Reposting this banger to celebrate new $HYPE ATH. Is there anyone left doubting Hyperliquid?
"Many Men" by 50 Cent is a deliberate reference to everyone and every entity that has doubted Hyperliquid, or hoped to see it fail. Hyperliquid's answer has been to keep building, and to keep proving them wrong. Dashboard made with love by @guru__hl, @GLC_Research & @FourPillarsFP🤍
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After 3 months, people from all over the globe are using to track Hyperliquid. Seeing the community share it on the timeline everyday makes all the hard work worth it. Next mission TBA. Going beast mode this Q4.
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Mission for the summer: help distribute Hyperliquid's dominance on CT as much as possible with
I think will basically become the American Hyperliquid. - They set up an subdomain. Ameri is probably America? - Hyperliquid just released new legal features for HIP-3 on Testnet. TradeXYZ has 99% market share of HIP-3 so they are 99% likely going to use the new features imo. - They hold the only official S&P500 perpetual licence (lmao) - They run a validator with Wall Street that happens to also own 9.82% of circulating $HYPE supply. It makes so much sense imo. Hyperliquid's got the backend covered, TradeXYZ can focus on access and distribution of markets in a legal fashion. I also believe is an insanely good domain name that has the potential to onboard millions of TradFi users. I don't think they created that brand to be a non-KYC frontend. also makes you think about "Ameritrade" of Schwab btw.
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still astounding to me how mid-curve ppl are when valuing HL just bc it is a profitable business crypto ppl have never had to value something tangible so they drop all of their dreams and turn to price vs earnings like it's the 1930s $10m+ daily burns will be the norm in bull market conditions btw token price is not about valuations it's about if there is more buy pressure than sell pressure and jords will not be selling anytime soon
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Hyperliquid Maxi Starter Guide - by Wanna learn about Hyperliquid? Find everything you wanna know super easily: Wanna see some numbers on Hyperliquid? Just go to and mess around. Wanna do professional TradFi analysis? Go to Wanna read research on Hyperliquid? Go to Are you building shit? Try: Wanna go MLM mode? Q4 is gonna be fucking insane. Watch the growth in real-time at
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Introducing: A real-time analytics dashboard for tracking the performance and dominance of Hyperliquid. brings the full picture of Hyperliquid into one dashboard. $HYPE economics, HIP-3, HIP-4, builder activity, and more. • $HYPE economics in real time: price, fees, revenue, supply burned, AF buybacks, TWAPs, the unstaking queue, validator economics • Hyperliquid market share against every major perp DEX, L1, and CEX | by volume and open interest • Full coverage of HIP-1, HIP-3, and HIP-4 | live deploy auctions, deployer rankings, pre-IPO perps, @tradexyz vs TradFi volumes, weekend RWA mission control, and outcome markets • Wall Street on Hyperliquid | HYPE spot ETFs (BHYP, THYP), the full ETF filing pipeline, every digital-asset-treasury company tracked against BTC/ETH/SOL incumbents, and HL revenue/FDV/P/E vs HOOD, NDAQ, CME, ICE, IBKR • Builder code revenue and HyperEVM activity, tracked in detail • Live capital migration into Hyperliquid from every chain • Stablecoin growth on Hyperliquid, across both HyperCore and HyperEVM • Yield on Hyperliquid | APRs, TVLs, and strategies for every lending market, LST, LP, and vault, HLP included • ~200 ecosystem projects indexed and searchable through a unified command palette. Native localization in English, Chinese, Japanese, Korean, Russian, Spanish, French, Vietnamese, Indonesian, Malay, and Hindi is a public good for the Hyperliquid community. Built to make the underlying of Hyperliquid easy to understand, and its growth simple to share. Hyperliquid.
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What is the underlying of a Hyperliquid?
Imagine explaining to tradfi how the RWA perps listing process works.
Revenue tracking on is now real-time.
If you're ever wondering where all the HYPE is on HyperEVM, it's all coming home to HyperLend. Shoutout to @hl_eco for their brilliant visualisations on their new HyperEVM explorer. gLend.
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HRC has a new home Hyperliquid doesn't spend time explaining itself, it just builds. That's why, when we launched HRC in November 2025, the best research on it was scattered across a dozen timelines, and nobody trying to underwrite this thing had a place to start. We began by collecting that work in one place. Then came flagship reporting, the 2025 Annual Report, 2026 quarterly reports for Hyperliquid and @tradexyz.Last week, live financials with @hl_eco. -- Today the site catches up to what HRC has become: - Research: Over 70 pieces from contributors across the ecosystem, on HIP-3 microstructure, HIP-4 outcome markets, DAT mechanics, policy, valuation, and HyperEVM. - Reporting: Every quarterly and annual, in one place. - Data: Hyperliquid at a glance. Income statement, revenue by segment, peer comps, HIP-3 and HIP-4 activity, the vehicles. Live from - Contribute: HRC is an open platform. No paywalls, no gated reports, no allowlist. If you do serious work on Hyperliquid, there's a form and we read all of it. -- Hyperliquid became the most successful protocol in crypto faster than the market could catch up, and getting the rest of finance up to speed is why HRC exists. We're not affiliated with the core team, nobody pays us to be bullish, and nothing we publish is investment advice, which is less a disclaimer than the reason any of these numbers are worth reading at all. Hyperliquid. HRC.
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Shipped a tradeXYZ leaderboard.
HRC and HL Eco are pleased to launch this HYPE Q2 2026 Financials Results Summary. A ~1 min video walking through the most important Hyperliquid metrics and their QoQ growth: protocol revenue, volume, OI, HIP-3, DATs, users, etc. Full report below, and find all these metrics directly on Hyperliquid.
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$HYPE team unlocks dashboards are live.
We just shipped new charts on the HYPE Financials dashboard, built by HL Eco and HRC. Powered by Qwantify's data (@qwantifyio), you can now track team unlock behavior against modeled vesting schedules and project forward based on how the team has actually behaved to date. For those who've followed us: our convention is to assume the team's full allocation sits within the current outstanding market cap, the same basis we used on the OTS framework we worked on with @HypeStrat. Worth flagging: the team is currently taking, on average, just 6.2% of what they're entitled to unlock. More charts on team unlocks below. Hyperliquid.
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Paging all HyperEVM builders. There are a ton of useful analytics and developer tooling in the new explorer. Hyperliquid
Introducing: A native HyperEVM explorer with analytics and dev tools for CoreWriter, precompiles, HIP-3, HIP-4, and more. HyperCore and the HyperEVM share the same state. This reads both sides of it. Real-Time: every page updates the moment a block lands. Home, blocks, transactions, CoreWriter, any address. You never need to refresh. HyperCore Support: on any transaction that calls CoreWriter, what HyperCore did with the action: executed with the fill, rejected with Core's own reason string, or still pending. Dev Tools: 16 of them. A CoreWriter composer, a read-precompile playground, a dry run of any call with its state diff, and more. HIP-3 and HIP-4: builder DEX indices resolved to real dex names against Hyperliquid's own registry, plus outcomeOp split, merge and negate, settled value, and outcome asset ids. CoreWriter Tracking: every EVM to HyperCore write decoded by action, with the callers ranked and sendAsset broken out by token. 1,057,498 actions since launch. CoreWriter/Precompiles Growth Tracking: the share of HyperEVM transactions that read HyperCore state 10xed in six months. See which precompiles the EVM reads, and which contracts read them. Query and Export: filter any transaction, transfer, internal call or user operation by address, block range and amount, then take the result as CSV. Protocol Analytics: follow a protocol's money, and tell deposits apart from price. Money Flows: capital between protocols, wallets and HyperCore across 580 pairs, netted per pair, with the tokens behind every edge and the counterparties on both ends. Bridge: HYPE and every token crossing in both directions. Liquidations: every lending liquidation decoded, per market, ranked by debt repaid, with the collateral seized. Protocol Growth: month-one retention and cohort triangles per protocol. Concentration: the share of each protocol's transactions sent by its busiest 1% of addresses, which runs from a fifth to nine tenths. Also: name.hl resolution, verified sources, address labels, 4-byte method names, token approvals with one-click revoke, dual-lane gas, and a directory of 59 HyperEVM builder tools. Powered by @Quicknode Hyperliquid.
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Introducing: A native HyperEVM explorer with analytics and dev tools for CoreWriter, precompiles, HIP-3, HIP-4, and more. HyperCore and the HyperEVM share the same state. This reads both sides of it. Real-Time: every page updates the moment a block lands. Home, blocks, transactions, CoreWriter, any address. You never need to refresh. HyperCore Support: on any transaction that calls CoreWriter, what HyperCore did with the action: executed with the fill, rejected with Core's own reason string, or still pending. Dev Tools: 16 of them. A CoreWriter composer, a read-precompile playground, a dry run of any call with its state diff, and more. HIP-3 and HIP-4: builder DEX indices resolved to real dex names against Hyperliquid's own registry, plus outcomeOp split, merge and negate, settled value, and outcome asset ids. CoreWriter Tracking: every EVM to HyperCore write decoded by action, with the callers ranked and sendAsset broken out by token. 1,057,498 actions since launch. CoreWriter/Precompiles Growth Tracking: the share of HyperEVM transactions that read HyperCore state 10xed in six months. See which precompiles the EVM reads, and which contracts read them. Query and Export: filter any transaction, transfer, internal call or user operation by address, block range and amount, then take the result as CSV. Protocol Analytics: follow a protocol's money, and tell deposits apart from price. Money Flows: capital between protocols, wallets and HyperCore across 580 pairs, netted per pair, with the tokens behind every edge and the counterparties on both ends. Bridge: HYPE and every token crossing in both directions. Liquidations: every lending liquidation decoded, per market, ranked by debt repaid, with the collateral seized. Protocol Growth: month-one retention and cohort triangles per protocol. Concentration: the share of each protocol's transactions sent by its busiest 1% of addresses, which runs from a fifth to nine tenths. Also: name.hl resolution, verified sources, address labels, 4-byte method names, token approvals with one-click revoke, dual-lane gas, and a directory of 59 HyperEVM builder tools. Powered by @Quicknode Hyperliquid.
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All Hyperliquid Summit content is now indexed on @hl_eco learn. You can search any topic of interest discussed at the event by keyword. We are grateful to be included in @guru__hl's mission to house all Hyperliquid related data, content, and project info in one place.
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This is an incredibly helpful tool to have when researching @HyperliquidX and @HypeStrat. I was sitting with my favorite AI this week, trying to create something like this that could be shared—but @HyperliquidR and @hl_eco beat me to it (which I am perfectly happy about). As we play with this tool, we will have comments and questions for them and the community. To my #TradFi# friends, I need to point something out here. Because everything on Hyperliquid is open and public, when you look at the financials, they are literally up to date as of the day you are looking at them. For instance, normally, trailing twelve months (TTM) today would mean the twelve months ended June 30. Here, it literally means the twelve months ended YESTERDAY!
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TradFi volumes are more than double the crypto volumes on Hyperliquid right now. Kinda insane growth in under a year. Imagine where this goes in 5 years.
HIP-3 markets are visible on Hyperliquid Testnet frontend. Looks like ES and NQ coming to @tradexyz soon. Hyperliquid will eat TradFi.
Very proud to have launched the "Hyperliquid Financials" dashboard with HL Eco. We've been vocal for a long time about closing the information gap in Hyperliquid, and this brings us a real step closer. In my opinion, this is the best dashboard out there from a financial analysis perspective. No more raw data only, you have EMAs on every charts and can download CSVs if you want to build your own chart as well. If you have any chart suggestion, please feel free to reach out. Some of the charts I love below. Go check it out, Hyperliquid.
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