See the market's skeleton
Hyperliquid-first market microstructure intelligence for spread, depth, funding, flow toxicity, price discovery, and outcome-market quality.
BTC-PERP liquidity posture
A descriptive readout of spread, depth, flow, and freshness — the market's structural skeleton.
Liquidity posture
Stable
Stress
18 / 100
Market overview
Spread, flow toxicity, funding, and liquidity signals
VPIN
0.32
Open interest
$1.8B
24h
+1.80%
VPIN
0.41
Open interest
$1.58B
24h
-0.60%
VPIN
0.50
Open interest
$1.36B
24h
+3.20%
BTC-PERP quality
Market structure, not market calls
Hendrix turns transparent Hyperliquid market data into fast, descriptive market-quality workflows.
Spread & Depth
0.35 bpsTrack current book shape, effective spread, and depth available around midpoint.
Funding
0.0100%Compare funding context across Hyperliquid and price-discovery majors.
Flow toxicity
0.32 VPINMonitor VPIN and order-flow imbalance as descriptive market-quality checks.
Price discovery
previewPreview venue information-share workflows built for public market comparison.
Outcome quality, ready for the HL community
A public read on HIP-4 outcome markets — implied probability, complement parity, liquidity posture, freshness, and settlement quality. Descriptive structure, never directional calls.
HIP-4 Outcome Quality
Public quality states across tracked HIP-4 outcome markets.
Free dashboard first, Pro research later
Free workflows stay public. Planned Pro and enterprise access add reviewed history, replay, exports, and API workflows only after data-quality, source-rights, and methodology checks pass.
Free
Public market overview, per-market quality checks, and scoreboard access.
$0
Pro
Planned research workflows for deeper history, execution-quality estimates, book replay, exports, and higher-volume API access.
Planned from $79/mo
RWA packaging path
Free, Pro, and enterprise boundaries for descriptive RWA intelligence.
RWA cards show market tracking, comparison status, reference freshness, and invalid-comparison reasons.
No exports, no licensed-source claims, and no regional availability assertions.
Historical replay, comparable-bucket history, reviewed-source notes, and CSV workflows for active desks.
Licensed and restricted references remain gated by review state.
Registry lineage, quality flags, audit-friendly exports, and higher-volume API workflows for funds and builders.
Contracts preserve source lineage, redistribution boundaries, and review status.
Launch gates
Sequenced behind data quality and review state.
Follow the launch path
Join launch access updates for private beta invitations, market coverage expansions, and Pro workflow availability.