We cover Hyperliquid the way a serious analyst would: weekly news reviews with sourced commentary, on-chain and market data reports, HYPE tokenomics tracking, HIP-3 builder-market intelligence, and long-form deep dives on the stories that actually move the tape. Five columns, one deep report each week.
The latest report in each of our five weekly columns, plus the current month's market report — earlier editions are archived on each column page.
Twelve API-verified stories — the Oct 8 cascade that liquidated $1.19B market-wide, a $330M team distribution routed OTC and absorbed without a dump, cumulative revenue past $1.4B, a licensed S&P 500 perpetual among the platform's ten largest markets, and a −4.3% close at $86.65 — each with its source named.
Twenty-two API-verified metrics with the daily path and the HIP-3 builder census: HYPE closes $86.65 (−4.3%) through the risk-off week, fees $15.89M across six of seven prints, platform OI $16.04B, funding holding at +0.010%/8h, TVL $7.12B, and the multiple band at 18.3x–21.0x — with a full data-quality ledger.
Five structured questions — whether the $330M OTC distribution was absorbed or did the damage, whether the Oct 8 flush was the platform's event or the market's, whether the fee level holds with one print missing, whether HYPE's relative strength is durable, and what the range breaking at the bottom means — plus every published trigger graded and a 13-row scorecard.
Weekly update for the week ending Oct 11: a Monday print 2.7% from the record, then a macro cascade that broke the range at the bottom ($82.58) and was reclaimed; the buyback ledger sized by activity rather than price; the relative loss against BTC inside a market-wide fall; and the regime changers graded.
Research report: builder-deployed markets now hold $3.67B of open interest and the ten largest books are indices, metals, energy and equities. The full accounting of HIP-3's parameters, the licensing change, why 24/7 access to closed markets is both the product and the risk, who earns what, and the six risks the design embeds.
The month in full: HYPE +8.0% ($84.17 → $90.94) through a −12.1% week, a +21.3% reclaim and a record $98.00; fees +17.4% to $91.27M; TVL +10.9% to $7.41B; the Binance listing answered −4.6%; and the cycle's largest unlock absorbed in-month.
One deep report per column per week — sourced, dated and editorially independent. Every figure we publish carries a source and a snapshot date; see our editorial policy.
Five regular research features across the Hyperliquid ecosystem — focused on depth over frequency.
10–20 of the week's most important Hyperliquid & HYPE stories, each with a sourced summary and an editorial take. We filter, de-duplicate and cross-verify before we publish.
Week-over-week and multi-week trend analysis of Hyperliquid's core metrics: price, open interest, funding, protocol fees, TVL and market structure — every figure measured from primary sources, with unavailable metrics printed as unavailable rather than estimated.
The same five questions, answered every week: is the move a re-rating, what the derivatives book says that price doesn't, what the token structure actually changes, how much of each catalyst is verifiable, and which triggers matter next. Every claim is graded by its evidence, so weeks are comparable side by side.
A combined weekly snapshot and monthly report: price, derivatives, buyback rhythm, staking, relative strength against BTC/ETH, driver decomposition and scenario analysis.
One research-grade report each week on the story that matters most — HIP proposals, RWA perps, builder markets, liquidation events, unlocks, regulatory turns. Background, data, multiple perspectives, scenarios and risks.