Hyperliquid - A New Decentralized Crypto Exchange Integrated

An exciting news for all CoinAPI users! We’ve integrated our Market Data API with another decentralized cryptocurrency exchange - Hyperliquid. This collaboration marks a further step in our commitment to providing comprehensive, high-quality crypto market data.

What is Hyperliquid?

Hyperliquid is a decentralized cryptocurrency derivatives exchange launched in 2022. It specializes in perpetual futures trading, offering a unique fully on-chain execution model that sets it apart from many other decentralized exchanges. Built on Hyperliquid L1, its own dedicated blockchain, Hyperliquid aims to provide low-latency trading comparable to centralized exchanges while maintaining the transparency and security benefits of decentralized finance. The platform offers:

• an on-chain order book model
• rebates for market makers and low fees for takers
• a cross-margining and a novel liquidation mechanism
• smooth trading with no interruptions for wallet approval.

Hyperliquid's goal is to combine the best aspects of both centralized and decentralized exchanges, appealing to traders who value on-chain execution and DeFi principles.

What Hyperliquid’s data can you access through Market Data API?

Thanks to CoinAPI and Hyperliquid integration, you can access various types of data from Hyperliquid, including:

• Real-time and historical market data (from October 2024 at this moment), including trades, quotes, and order book data.
• Information about the trading pairs available on Hyperliquid, such as SPOT and PERPETUAL contracts. You can check them in our metadata explorer.
• Access to exchange rates for different cryptocurrency pairs.

Wish to learn more about our CEX & DEX data? Don’t hesitate to contact us.