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.

Analytics and data platforms are crucial for understanding the Hyperliquid ecosystem — from tracking whale movements and funding rate trends to monitoring protocol TVL. Dune Analytics contributes to this category that helps traders make informed decisions. With HyperCore's transparent on-chain order book and HyperEVM's growing DeFi activity, there is rich data to analyze across the entire Hyperliquid stack.