PERP.WIKI

Dune Analytics vs Growi HF

Hyperliquid ecosystem comparison · Analytics & Data

Best for Research
Different Focus Areas

Quick Take

Dune Analytics Community-powered data dashboards for tracking the entire Hyperliquid ecosystem on Multi-Layer, while Growi HF Quantitative DeFi hedge fund vault on Hyperliquid on HyperCore. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Dune Analytics and Growi HF. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Dune Analytics logo

Dune Analytics

Dune Analytics is the leading community-powered blockchain data platform, where analysts write SQL queries against decoded on-chain data to build public dashboards—with a growing library of Hyperliquid-specific analytics. Hundreds of community-authored Dune dashboards track Hyperliquid metrics including total trading volume, open interest trends, liquidation waterfalls, fee revenue, top traders by P&L, and HLP vault performance. Dune's Spellbook framework enables reusable, cross-chain data models that standardize Hyperliquid data alongside Ethereum and Arbitrum metrics. For researchers, protocol teams, and investors, Dune provides free access to comprehensive Hyperliquid analytics without the need for custom indexing infrastructure. Its collaborative model means new Hyperliquid protocols can have community-built dashboards within days of launch, providing immediate transparency and accountability for the Hyperliquid ecosystem's growing DeFi activity.

Visit website
Growi HF logo

Growi HF

Growi HF is a quantitative asset management protocol built natively on Hyperliquid, offering permissionless strategy vaults powered by systematic, risk-adjusted trading algorithms. Designed for both passive investors and active DeFi participants, Growi HF eliminates the complexity of running sophisticated trading algorithms by packaging institutional-grade quant strategies into accessible on-chain vaults. Each vault employs distinct quantitative methodologies — from market-neutral delta strategies to momentum and mean-reversion approaches — all optimized for Hyperliquid's high-performance order book and deep liquidity. Traders benefit from transparent, fully on-chain execution with no hidden fees or centralized custody risks. By deploying directly on Hyperliquid's HyperCore, Growi HF's vaults access ultra-low latency trading infrastructure and some of the tightest spreads in decentralized perpetuals markets. Depositors earn yield proportional to vault performance, while the protocol automatically manages risk parameters including position sizing, drawdown limits, and rebalancing. Growi HF bridges institutional quantitative hedge fund methodology with the open, permissionless architecture of the Hyperliquid ecosystem.

Visit website

Feature Comparison

FeatureDune Analytics logoDune AnalyticsGrowi HF logoGrowi HF
LayerMulti-LayerHyperCore
CategoryAnalytics & DataYield & Vaults
StatusActiveActive
Launch Year2024
Websitedune.comhf.growi.fi
Twitter@GrowiFinance
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
quanthedge-fundvaultrisk-adjusted

Score Comparison

Dune AnalyticsGrowi HF
Open Source
Dune Analytics
Not public
Growi HF
Not public
Verified
Dune Analytics
Unverified
Growi HF
Unverified
Ecosystem Breadth
Dune Analytics
0 tags
Growi HF
4 tags
Maturity
Dune Analytics
Unknown
Growi HF
Since 2024

Feature Matrix

FeatureDune Analytics logoDune AnalyticsGrowi HF logoGrowi HF
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Dune Analytics operates on Multi-Layer (spans multiple hyperliquid layers), while Growi HF runs on HyperCore (native on-chain perpetual orderbook). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Dune Analytics is focused on analytics & data, while Growi HF targets yield & vaults. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Dune Analytics if you...

  • Want a analytics & data solution on Multi-Layer
  • Need: Community-powered data dashboards for tracking the entire Hyperliquid ecosystem

Choose Growi HF if you...

  • Want a yield & vaults solution on HyperCore
  • Need features like quant and hedge-fund
  • Need: Quantitative DeFi hedge fund vault on Hyperliquid

Ecosystem Integration

Dune Analytics logo

Dune Analytics

Dune Analytics operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

Growi HF logo

Growi HF

Growi HF operates on HyperCore (native on-chain perpetual orderbook). Running on HyperCore gives it direct access to the native orderbook with minimal latency and maximum throughput.

Community Verdict

Which do you prefer?

Share your experience with Dune Analytics or Growi HF to help others in the Hyperliquid community make better decisions.

Related Comparisons