ON-CHAININTELLIGENCE
The definitive market intelligence hub for the Hyperliquid ecosystem. High-density signals, institutional data, and agent-optimized endpoints.
Hyperliquid Referral Code HIPERWIREMarket Guides
Start With the Current Contract
Contract checks, current market routes and the sources behind our coverage.
Signal Stream
Deep analysis for high-volatility events
NBIS Hands Back the Palantir Pop as the 10-Year Hits 4.83%
Palantir named Nebius its preferred sovereign AI infrastructure partner on September 8, and NBIS closed up 7.73% at $243.88 on a deal with no disclosed financial terms. One session later the macro took it all back: the 10-year Treasury yield pushed to 4.83%, Brent crossed $100, and traders moved to a 60% chance of a Fed hike this month. The Hyperliquid perp is at $233, down 6.18% over 23 hours and below the $240.35 Nasdaq close. A company that just borrowed $2.3 billion at a 4.50% coupon is the wrong thing to own into a rates repricing, and the tape said so.
GoPro Drew $20M From Yorkville Three Days Before the Merger Stub Halved
GoPro issued a $20 million floating-conversion debenture to Yorkville on September 8, the third closing under a facility signed in February. The equity closed down 14.41 percent at $1.455 and the io:GPRO perp on Hyperliquid went further, down 21.45 percent over sixteen hours to $1.443. The merger consideration is fixed at $1.14 in cash plus 0.1 share of the surviving corporation, so the entire drawdown lands on the stub. At Friday's price the market valued each Starman share at $5.79. It now values it at $3.03.
SKHX Banked the Astra Trade Early: Seoul Closed +8.3%, the Perp Only Added 3.3%
SK hynix closed Monday in Seoul at 1,783,000 won, up 8.26%, after OpenAI's GPT-6 Astra launch and a KB Securities note showing Korean memory inventories below ten days of supply. The SKHX perp on Hyperliquid gained only 3.34% over the same 22-hour stretch, because it had already marked the move using Friday's US session while the KRX was shut. That is not a tracking error. It is the perp doing what a 24-hour instrument on a 6.5-hour listing is supposed to do, and it means the headline Seoul number overstates what was actually left to capture.
Protocol Library
Evergreen explainers for entities, mechanics, and Hyperliquid market structure
OpenAI on Hyperliquid: Entropy OAI contract, valuation units and risks
A September 25, 2026 review of io:OAI: what its price means, current margin limits, how its mark differs from its oracle, and which settlement details remain unclear.
Anthropic on Hyperliquid: the Entropy ANTH market
Current io:ANTH contract identity, valuation units, strict isolated margin, and the difference from the closed Ventuals market.
SpaceX after its IPO: trading the SPCX perpetual on Hyperliquid
SpaceX is publicly listed. This guide explains the current xyz:SPCX equity perpetual and why old pre-IPO and Ventuals instructions no longer apply.
Oil and natural gas on Hyperliquid: current routes and retired markets
A dated check of Brent, WTI and natural-gas contracts, including retired OIL and USOIL routes and changes to margin specifications.
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Latest Mover Briefs
Fresh market coverage from the latest mover archive
Why Markets Move
We decode on-chain flows and narrative catalysts. Get the technical context behind every liquidations cascade and volume spike.
Institutional Data
Access open interest, funding rates, and skew metrics typically reserved for professional terminals. Pure signal for serious traders.
Agent-Ready
Optimized for LLMs and automated trading bots. Our endpoints provide structured intelligence for the next generation of agents.
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