PERP.WIKI

HyperIndex vs Hyperscanner

Hyperliquid ecosystem comparison · Data APIs

Best for Research
Different Focus Areas

Quick Take

HyperIndex Open data API and indexer for Hyperliquid on-chain data on Multi-Layer, while Hyperscanner Unified analytics for Hyperliquid L1 and HyperEVM on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for HyperIndex and Hyperscanner. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

HyperIndex logo

HyperIndex

HyperIndex is a dedicated data infrastructure layer for the Hyperliquid blockchain, providing comprehensive indexing, querying, and API services tailored to the ecosystem's unique architecture. As Hyperliquid operates its own high-performance L1, developers and analysts face challenges accessing historical on-chain data, user activity, and protocol metrics in real time. HyperIndex solves this by maintaining indexed archives of Hyperliquid's order book events, trade history, liquidations, vault activity, and HyperEVM transactions — exposing this data through clean REST and WebSocket APIs. Whether you're building a portfolio tracker, analytics dashboard, trading bot, or DeFi protocol, HyperIndex provides the data backbone that makes it possible. The service supports complex queries — filtering trades by asset, user, or time window — without requiring developers to run their own archive nodes. By abstracting the complexity of raw blockchain data, HyperIndex accelerates ecosystem development and lowers the barrier to building on Hyperliquid. It functions as the ecosystem's equivalent of The Graph or Dune Analytics, purpose-built for Hyperliquid's specific data model and performance characteristics.

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Hyperscanner logo

Hyperscanner

Hyperscanner is a unified analytics and data platform spanning both Hyperliquid L1 — the high-performance perpetuals exchange — and HyperEVM, the EVM-compatible smart contract execution layer. It addresses the fragmentation inherent in Hyperliquid's dual-chain architecture: traders and developers previously needed to consult disconnected explorers and dashboards to get a complete picture of ecosystem activity. Hyperscanner aggregates on-chain data into clean, accessible interfaces featuring real-time market overviews, token analytics, wallet tracking, volume trends, and trading signals derived from live chain activity. For traders, it offers a bird's-eye view of market conditions — open interest shifts, volume anomalies, and emerging token activity on HyperEVM. For developers and researchers, it provides an exploration and indexing layer for understanding ecosystem growth, protocol adoption, and on-chain behavior. By bridging the data gap between Hyperliquid L1 and HyperEVM in a single coherent product, Hyperscanner makes the ecosystem more legible and navigable — lowering the barrier for new participants and giving experienced users the signals they need to stay ahead of market developments.

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Feature Comparison

FeatureHyperIndex logoHyperIndexHyperscanner logoHyperscanner
LayerMulti-LayerMulti-Layer
CategoryData APIsAnalytics & Data
StatusActiveActive
Launch Year20252025
Websitehyperindex.xyzhyperscanner.app
Twitter@hyperindex_xyz@hyperscanner_io
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
indexerAPIdataGraphQL
analyticsscannersignalsmulti-layer

Score Comparison

HyperIndexHyperscanner
Open Source
HyperIndex
Not public
Hyperscanner
Not public
Verified
HyperIndex
Unverified
Hyperscanner
Unverified
Ecosystem Breadth
HyperIndex
4 tags
Hyperscanner
4 tags
Maturity
HyperIndex
Since 2025
Hyperscanner
Since 2025

Feature Matrix

FeatureHyperIndex logoHyperIndexHyperscanner logoHyperscanner
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

HyperIndex is focused on data apis, while Hyperscanner targets analytics & data. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

HyperIndex is distinguished by: indexer, API, data, GraphQL. Hyperscanner stands out with: analytics, scanner, signals, multi-layer.

When to Use Each

Choose HyperIndex if you...

  • Want a data apis solution on Multi-Layer
  • Need features like indexer and API
  • Need: Open data API and indexer for Hyperliquid on-chain data

Choose Hyperscanner if you...

  • Want a analytics & data solution on Multi-Layer
  • Need features like analytics and scanner
  • Need: Unified analytics for Hyperliquid L1 and HyperEVM

Ecosystem Integration

HyperIndex logo

HyperIndex

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

Hyperscanner logo

Hyperscanner

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

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with HyperIndex or Hyperscanner to help others in the Hyperliquid community make better decisions.

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