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Market Data Guides

Practical methods for using market data.

From HIP-3 Order Flow to a Defensible Wallet Taxonomy editorial cover artwork

From HIP-3 Order Flow to a Defensible Wallet Taxonomy

Test whether a HIP-3 wallet classification is stable on rerun by pulling one historical window twice and comparing the buckets.

July 3, 20266 min read
When HIP-3 Research Outgrows the Venue API editorial cover artwork

When HIP-3 Research Outgrows the Venue API

Venue APIs are excellent for narrow checks. The gap opens when the same HIP-3 reconstruction keeps getting rebuilt for a larger study.

July 3, 20265 min read
HIP-3 historical data at L4: orders, cancels, and fills editorial cover artwork

HIP-3 historical data at L4: orders, cancels, and fills

Inspect route-specific HIP-3 L4 book and lifecycle history, including orders, cancels, fills, and wallet attribution where served.

June 30, 202610 min read
Hyperliquid Liquidation Data: What the Candle Hides editorial cover artwork

Hyperliquid Liquidation Data: What the Candle Hides

Read completed Hyperliquid liquidation events by symbol, then separate projected forced levels from pending TP/SL trigger concentrations.

June 28, 20267 min read
HIP-4 Outcome Market Data: The Price Is a Probability editorial cover artwork

HIP-4 Outcome Market Data: The Price Is a Probability

On Hyperliquid's HIP-4 prediction markets the order-book price is an implied probability, not USD. How to read it, analyze it, and pull it from 0xArchive.

June 28, 202616 min read
Lighter L3 Order-Level Data: 250 Orders per Side, with Owner Attribution editorial cover artwork

Lighter L3 Order-Level Data: 250 Orders per Side, with Owner Attribution

Lighter L3 returns up to 250 resting orders per side with owner attribution. Reconstruct queue position, attribute flow, and run backtests with historical order and trade data.

June 28, 202613 min read
Hyperliquid Order Book Data: L2 Levels and Full L4 Reconstruction editorial cover artwork

Hyperliquid Order Book Data: L2 Levels and Full L4 Reconstruction

Query Hyperliquid native L2, all-level L2 derived from L4, and resting-order L4 history with route-specific depth and symbol coverage.

June 27, 20267 min read
When Checkpoint History Is Enough and When You Need Order-Level Depth editorial cover artwork

When Checkpoint History Is Enough and When You Need Order-Level Depth

A question-first framework for deciding when checkpoint history is enough, when full L4 and order-level routes matter, and how to test the threshold on one Hyperliquid event window.

April 6, 20268 min read
When Agent Workflows Need Replayable Market Data, Not Just Raw API Access editorial cover artwork

When Agent Workflows Need Replayable Market Data, Not Just Raw API Access

Why repeated Hyperliquid agent workflows benefit from typed tools, replayable history, and coverage-aware reruns once raw API pulls stop being enough.

April 6, 20267 min read
How to Run a One-Symbol Parity Test Before You Migrate Historical Data editorial cover artwork

How to Run a One-Symbol Parity Test Before You Migrate Historical Data

A practical Hyperliquid evaluator playbook for comparing native venue pulls with managed history on one symbol, one window, and one rerunnable study.

April 6, 20268 min read
How to Backtest Hyperliquid with Historical Data editorial cover artwork

How to Backtest Hyperliquid with Historical Data

Select, pull, normalize, and validate bounded Hyperliquid data before testing on an untouched holdout window.

April 2, 20269 min read
Funding Rate Arbitrage: Hyperliquid x Lighter editorial cover artwork

Funding Rate Arbitrage: Hyperliquid x Lighter

Compare BTC funding rates across Hyperliquid and Lighter with an open-source notebook that normalizes rates and detects arbitrage windows.

February 14, 20261 min read
Example: BTC Liquidation Heatmap editorial cover artwork

Example: BTC Liquidation Heatmap

Use an open-source notebook to visualize BTC liquidation events on Hyperliquid, including cascades and long-short imbalance analysis.

February 12, 20261 min read