Hyperliquid Spot Orderbook
Hyperliquid Spot Orderbook is a single-chain decentralized exchange. Reports $199M in 24-hour trading volume. Runs on Hyperliquid L1. Its front-end ranks #4,234 on Tranco.
| Architecture | Single-chain |
|---|---|
| Website | app.hyperliquid.xyz |
| 24-hour volume | $199M |
| Tranco web rank | #4,234 |
| Chains | Hyperliquid L1 |
Figures from the 25 September 2026 build snapshot. Open the live view for the current rankings.
Architecture
Single-chain — the protocol runs on one blockchain.
Custody note
The protocol holds nothing: a trade routes through code the trader signs, and the tokens never sit in a company's balance. That is not the same as the ASSETS traded being self-custody — a stablecoin issuer can freeze a USDT or USDC balance, and a wrapped coin like WBTC represents Bitcoin held in third-party custody. The venue's custody model does not travel through to the assets on it.
Known markets on Hyperliquid Spot Orderbook
No curated markets are recorded for Hyperliquid Spot Orderbook on this build. DEX ticker coverage grows as tail assets that Hyperliquid Spot Orderbook pools appear in the top-N snapshot.