HYPE: Hyperliquid Builder-Deployed Markets Share

Hyperliquid Builder-Deployed Markets Share: daily data through 8 Nov 2026.

The share of Hyperliquid's perpetual open interest and 24-hour volume that sits in builder-deployed markets.

Why use it. Tracks how much of Hyperliquid's business has moved beyond its own crypto perpetuals. How to read it. A rising line means the markets outside crypto are growing faster than the main markets. The summary value is the open-interest share.

Calculation. Builder-deployed markets (Hyperliquid's HIP-3) are perpetuals that third parties list on Hyperliquid, mostly on stocks, commodities, indices and currencies; each deployer runs its own market set, which Hyperliquid names. 100 x builder-deployed / (main + builder-deployed), the main markets' figure from our five-minute snapshot at or up to 15 minutes before each reading. A period's value is its last ten-minute reading; the open period shows the latest as a labelled partial. History starts on 7 November 2026, when our readings of the builder-deployed markets began; no earlier values are reconstructed. Source: our own ten-minute readings of Hyperliquid's public info API (its list of deployers' market sets and each set's market contexts), collected by CryptoKeyhole.