Builder analytics
Hyperliquid order-flow routed through builders: volume, builder fees, and top builder addresses (ingested trades).
Hyperliquid Builder Analytics — Builder Fees, Routed Volume, and Top Builders
Over the last 30 days, Hyperliquid trades routed through builder code addresses generated $14.59B in volume and $5.59M in builder fees across 15,444,548 trades. Unique traders: 138,365 across 716 builder addresses.
Top Hyperliquid Builders by Routed Volume (30d)
| Rank | Builder Address | 30d Volume (USD) | Builder Fees (USD) | Trade Count | Unique Traders |
|---|---|---|---|---|---|
| 1 | 0xb841…f80b | $1.66B | $970.54K | 881,381 | 18,591 |
| 2 | 0xe95a…53aa | $947.30M | $847.45K | 406,150 | 7,577 |
| 3 | 0x557e…3c81 | $1.45B | $506.43K | 3,291,558 | 40,502 |
| 4 | 0x5af1…5f71 | $1.11B | $381.95K | 333,000 | 5,918 |
| 5 | 0xc742…b71a | $350.74M | $350.74K | 656,660 | 596 |
| 6 | 0x7cc0…e781 | $597.74M | $222.87K | 749,483 | 17,421 |
| 7 | 0xa930…95c0 | $390.93M | $190.96K | 326,285 | 498 |
| 8 | 0x2a2b…0d17 | $365.86M | $154.80K | 245,189 | 8,563 |
| 9 | 0xad9b…f045 | $761.63M | $152.35K | 318,332 | 4,157 |
| 10 | 0x12ee…a4b9 | $238.13M | $142.87K | 13,245 | 28 |
| 11 | 0x2868…8a39 | $1.30B | $129.99K | 570,928 | 698 |
| 12 | 0x6d4e…ce48 | $288.66M | $119.24K | 124,461 | 1,440 |
| 13 | 0x9b12…b0bb | $190.31M | $95.06K | 50,749 | 561 |
| 14 | 0xa9ab…8687 | $438.32M | $87.16K | 1,523,285 | 832 |
| 15 | 0xe966…f618 | $355.19M | $79.62K | 282,133 | 765 |
| 16 | 0x4e65…a412 | $133.85M | $66.92K | 105,678 | 434 |
| 17 | 0x9c87…0ad9 | $49.69M | $55.39K | 26,540 | 599 |
| 18 | 0x999a…8dbf | $343.74M | $51.20K | 1,210,637 | 324 |
| 19 | 0xdf39…4750 | $89.78M | $50.85K | 64,401 | 1,707 |
| 20 | 0x9305…f13f | $134.15M | $44.78K | 87,056 | 525 |
| 21 | 0xb84c…9533 | $285.61M | $42.87K | 234,483 | 157 |
| 22 | 0x42f3…f992 | $89.61M | $34.93K | 102,694 | 478 |
| 23 | 0x2af9…915d | $76.00M | $34.92K | 32,803 | 702 |
| 24 | 0x524c…571e | $67.13M | $33.57K | 7,113 | 85 |
| 25 | 0xf944…7009 | $55.66M | $31.70K | 35,859 | 196 |
What is a Hyperliquid Builder?
On Hyperliquid, a "builder" is a third-party front-end or routing service that submits orders on behalf of users in exchange for a builder fee paid out of trading volume. Builder fees fund alternative trading UIs, mobile apps, copy-trading platforms, and embedded trading widgets without users needing to deposit on the builder. Builder analytics track which routing services drive the most volume on Hyperliquid's shared orderbook.