The perp venue our world is named after; funding, OI, and book depth are all public.
HYPE scores 54: trend quality leads (1.63x its long trend, -5% over 30 days), with liquidity depth the soft spot.
What this page answers
HYPE carries a Pick Score of 54 of 100 and is ranked 6 in the Deep 11. HYPE scores 54: trend quality leads (1.63x its long trend, -5% over 30 days), with liquidity depth the soft spot. The score is a sounding of open data: liquidity depth, real demand, valuation, trend, positioning, and narrative, less a risk penalty.
Seven components, then a risk penalty. Bars show each component's 0 to 100 reading; the percentage is its weight in the composite. A greyed bar means we had no data and read it neutral.
$14.42B market cap, $1.42B chain depth, $5.9B stablecoins
4.5% daily turnover, $4.46M a day in fees
10.2x market cap to TVL, 9x market cap to annual fees, 4.29x FDV to market cap
1.63x its long trend, -5% over 30 days
+11% funding, $1.37B open interest
trending on CoinGecko right now
6 of 6 reads backed by live open data
Where the models say the water sits. A model-implied range from open data, not a price target and not advice.
A model-implied range from open data, not a price target and not advice. Read it as where the water sits, not where it is going.
A further slide in liquidity depth ($14.42B market cap, $1.42B chain depth, $5.9B stablecoins) would pull it out.
The chain's liquidity depth (TVL) against HYPE's price on a shared timeline. The divergence between them is the reading.
Price is running ahead of the liquidity behind it. The move is price-led, so read the depth before trusting the rally.
Depth from DeFiLlama chain TVL, price from the open DeFiLlama coins feed (CoinGecko id). TVL is in dollars, so it moves partly with price by construction, the reading here is the gap between them, not a forecast. Information, not financial advice.
Funding and open interest from Hyperliquid's public perps API. Funding is the cost of holding leverage, a read of which way the crowd is leaning, not a forecast.
Every number on this page is a sounding of open, keyless data.
Bathymark reads these open numbers and renders its own sounding. This is information, not financial advice. Confidence is high, set by how complete the data is.
Drawn from the entity graph, so a question that starts here always has somewhere to go.