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October 14, 2024

Hyperliquid - A New Decentralized Crypto Exchange Integrated

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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.

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.

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.

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