PERP.WIKI

Dune Analytics vs Resolv

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 Resolv Delta-neutral stablecoin protocol — USR backed by ETH with HL funding rates on HyperEVM. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Dune Analytics and Resolv. 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.

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Resolv logo

Resolv

Resolv is a delta-neutral stablecoin protocol offering a three-layer financial system for stable, low-risk crypto yield. Its flagship product, USR (Resolv USD), is a crypto-native stable asset pegged to $1 and backed by ETH collateral offset by corresponding short derivatives positions — eliminating directional market exposure entirely. Unlike algorithmic stablecoins, USR maintains full collateral backing at all times, accrues yield intraday, and can be redeemed instantly with no lockups. RLP (Resolv Liquidity Pool) is a complementary leveraged yield product for advanced users who act as a protocol buffer, absorbing risk in exchange for higher returns. Resolv's modular vault architecture allocates capital across diverse yield sources: ETH staking, perpetual futures funding, lending markets, and tokenized real-world assets. All collateral movements are transparent and auditable via on-chain proof-of-reserves dashboards. USR consistently outperforms U.S. Treasury rates while maintaining a best-in-class collateral coverage ratio. Within the Hyperliquid ecosystem, Resolv provides a yield-bearing stable layer integrating with lending protocols, DEXs, and treasury strategies — offering institutions, DAOs, and DeFi protocols a capital-efficient alternative to idle stablecoins.

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Feature Comparison

FeatureDune Analytics logoDune AnalyticsResolv logoResolv
LayerMulti-LayerHyperEVM
CategoryAnalytics & DataYield & Vaults
StatusActiveActive
Launch Year2025
Websitedune.comresolv.xyz
Twitter@ResolvLabs
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stablecoinUSRdelta-neutralfunding-rates

Score Comparison

Dune AnalyticsResolv
Open Source
Dune Analytics
Not public
Resolv
Not public
Verified
Dune Analytics
Unverified
Resolv
Unverified
Ecosystem Breadth
Dune Analytics
0 tags
Resolv
4 tags
Maturity
Dune Analytics
Unknown
Resolv
Since 2025

Feature Matrix

FeatureDune Analytics logoDune AnalyticsResolv logoResolv
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 Resolv runs on HyperEVM (evm smart contracts on hyperliquid l1). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Dune Analytics is focused on analytics & data, while Resolv 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 Resolv if you...

  • Want a yield & vaults solution on HyperEVM
  • Need features like stablecoin and USR
  • Need: Delta-neutral stablecoin protocol — USR backed by ETH with HL funding rates

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.

Resolv logo

Resolv

Resolv operates on HyperEVM (evm smart contracts on hyperliquid l1). As a HyperEVM protocol, it can compose with other EVM-based DeFi primitives and leverage smart contract flexibility.

Community Verdict

Which do you prefer?

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

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