What is a Hyperliquid builder?
A builder is an application or routing interface that submits user-authorized Hyperliquid orders with an approved builder fee. The trader remains on Hyperliquid while the builder provides the interface or workflow.
Builder Analytics
Builder-routed order flow
Unique traders
43.2K
Active builders
559
Routed volume over time
Leading builders
Average trade size
$929.03
Trades per trader
35.6
Top builder fee share
16.6%
Tracked builder addresses
559
Builder leaderboard
Rank by
100 builders| # | Builder address | Fees | Fee share | Volume | Trades | Traders |
|---|---|---|---|---|---|---|
| 1 | 0x5af1…5f71 | $99.06K | 16.6% | $99.07M | 19.7K | 2.0K |
| 2 | 0x2a2b…0d17 | $87.75K | 14.7% | $207.12M | 56.9K | 3.9K |
| 3 | 0xb841…f80b | $82.66K | 13.9% | $139.47M | 69.8K | 7.1K |
| 4 | 0xe95a…53aa | $60.23K | 10.1% | $60.23M | 21.0K | 2.0K |
| 5 | 0x9b12…b0bb | $37.99K | 6.4% | $47.78M | 3.8K | 220 |
| 6 | 0xad9b…f045 | $34.99K | 5.9% | $89.55M | 21.4K | 1.3K |
| 7 | 0xe966…f618 | $20.82K | 3.5% | $134.46M | 19.7K | 352 |
| 8 | 0x6d4e…ce48 | $16.21K | 2.7% | $50.08M | 17.7K | 1.2K |
| 9 | 0xf85a…5688 | $15.02K | 2.5% | $21.45M | 5.1K | 109 |
| 10 | 0x9c87…0ad9 | $14.18K | 2.4% | $13.69M | 3.1K | 323 |
| 11 | 0x5aaf…ede4 | $12.99K | 2.2% | $15.28M | 6.6K | 536 |
| 12 | 0x557e…3c81 | $9.94K | 1.7% | $28.41M | 67.9K | 6.4K |
| 13 | 0x7cc0…e781 | $9.51K | 1.6% | $23.51M | 30.7K | 3.8K |
| 14 | 0xdbc2…97a6 | $7.99K | 1.3% | $10.32M | 1.6K | 96 |
| 15 | 0x524c…571e | $7.25K | 1.2% | $14.50M | 2.1K | 105 |
| 16 | 0x2868…8a39 | $6.69K | 1.1% | $67.05M | 26.7K | 212 |
| 17 | 0xd055…e1ff | $6.45K | 1.1% | $6.45M | 428 | 8 |
| 18 | 0xdf39…4750 | $5.53K | 0.9% | $12.20M | 4.1K | 342 |
| 19 | 0xea2c…75b3 | $4.18K | 0.7% | $4.18M | 1.5K | 194 |
| 20 | 0x14c1…1293 | $2.83K | 0.5% | $2.83M | 661 | 75 |
| 21 | 0x4e65…a412 | $2.64K | 0.4% | $4.88M | 6.9K | 924 |
| 22 | 0x1cc3…da1f | $2.43K | 0.4% | $24.32M | 7.8K | 390 |
| 23 | 0x999a…8dbf | $2.37K | 0.4% | $40.44M | 34.4K | 94 |
| 24 | 0x64c0…7f5f | $1.97K | 0.3% | $3.58M | 4.4K | 570 |
| 25 | 0x46f6…02f1 | $1.89K | 0.3% | $1.89M | 1.4K | 39 |
| 26 | 0x1924…80e5 | $1.78K | 0.3% | $8.52M | 4.2K | 247 |
| 27 | 0xd20a…eab4 | $1.75K | 0.3% | $3.50M | 823 | 94 |
| 28 | 0xb84c…9533 | $1.63K | 0.3% | $10.85M | 4.0K | 86 |
| 29 | 0xa9ab…8687 | $1.39K | 0.2% | $7.19M | 27.9K | 213 |
| 30 | 0x9f83…31d9 | $1.38K | 0.2% | $4.28M | 1.7K | 83 |
| 31 | 0xf944…7009 | $1.29K | 0.2% | $2.32M | 1.3K | 79 |
| 32 | 0x3dca…ac9d | $1.17K | 0.2% | $2.51M | 1.7K | 64 |
| 33 | 0x2204…df0c | $1.17K | 0.2% | $2.36M | 982 | 50 |
| 34 | 0xa930…95c0 | $1.13K | 0.2% | $2.25M | 1.2K | 47 |
| 35 | 0x1730…204d | $1.10K | 0.2% | $11.02M | 810 | 7 |
| 36 | 0xf8dd…f068 | $1.07K | 0.2% | $1.07M | 552 | 61 |
| 37 | 0x60dc…0fc9 | $1.02K | 0.2% | $2.04M | 958 | 100 |
| 38 | 0x74c3…4bd0 | $1.01K | 0.2% | $32.74M | 5.8K | 7 |
| 39 | 0x9538…6076 | $949.20 | 0.2% | $2.37M | 769 | 13 |
| 40 | 0x181c…1719 | $886.30 | 0.1% | $17.25M | 2.2K | 5 |
| 41 | 0x90c8…6d32 | $880.93 | 0.1% | $4.24M | 1.4K | 7 |
| 42 | 0x6ce2…7f40 | $822.94 | 0.1% | $1.50M | 1.2K | 132 |
| 43 | 0x50d9…be56 | $785.83 | 0.1% | $1.59M | 1.9K | 237 |
| 44 | 0x68c6…b764 | $783.43 | 0.1% | $3.92M | 1.5K | 94 |
| 45 | 0x9f4e…d6df | $677.98 | 0.1% | $1.04M | 831 | 41 |
| 46 | 0x40e9…5260 | $620.07 | 0.1% | $2.48M | 115 | 11 |
| 47 | 0x461f…50ac | $594.37 | 0.1% | $1.19M | 362 | 26 |
| 48 | 0x9585…6510 | $584.64 | 0.1% | $2.02M | 227 | 1 |
| 49 | 0x7eac…ccdd | $541.49 | 0.1% | $1.08M | 248 | 12 |
| 50 | 0x07f3…a166 | $538.84 | 0.1% | $81.35K | 167 | 44 |
| 51 | 0xc34c…665a | $535.31 | 0.1% | $1.07M | 311 | 15 |
| 52 | 0x4950…9395 | $508.85 | 0.1% | $1.51M | 1.1K | 161 |
| 53 | 0x5a83…3b0e | $492.99 | 0.1% | $987.53K | 84 | 2 |
| 54 | 0xc748…7ea1 | $492.27 | 0.1% | $923.62K | 1.2K | 49 |
| 55 | 0x446f…d6c6 | $487.22 | 0.1% | $1.62M | 407 | 13 |
| 56 | 0xbb83…13c0 | $480.28 | 0.1% | $480.28K | 547 | 1 |
| 57 | 0x73f0…7199 | $459.17 | 0.1% | $918.39K | 764 | 55 |
| 58 | 0x3b51…6e85 | $431.59 | 0.1% | $431.59K | 944 | 201 |
| 59 | 0x891d…af0d | $400.94 | 0.1% | $997.45K | 30.4K | 117 |
| 60 | 0xcf56…fc1a | $392.85 | 0.1% | $786.42K | 379 | 28 |
| 61 | 0x799e…1dcc | $360.85 | 0.1% | $721.70K | 196 | 20 |
| 62 | 0x7598…f162 | $342.41 | 0.1% | $983.61K | 3.4K | 189 |
| 63 | 0xc95d…1aca | $339.42 | 0.1% | $9.18M | 3.5K | 2 |
| 64 | 0xc5be…f708 | $328.63 | 0.1% | $3.29M | 81.8K | 262 |
| 65 | 0xcab5…252c | $304.88 | 0.1% | $1.22M | 383 | 12 |
| 66 | 0x4c87…abb7 | $300.11 | 0.1% | $825.52K | 261 | 39 |
| 67 | 0x1914…cd0f | $286.64 | 0% | $1.51M | 2.5K | 40 |
| 68 | 0xea62…fd4d | $279.64 | 0% | $2.80M | 439 | 17 |
| 69 | 0x49b9…9534 | $278.32 | 0% | $434.51K | 1.7K | 42 |
| 70 | 0xbb89…c80c | $265.68 | 0% | $1.90M | 809 | 9 |
| 71 | 0xb838…6adb | $229.40 | 0% | $404.20K | 1.2K | 62 |
| 72 | 0xfd52…039a | $224.47 | 0% | $224.47K | 106 | 7 |
| 73 | 0x814d…32c6 | $196.12 | 0% | $384.70K | 174 | 4 |
| 74 | 0x0cbf…75af | $185.31 | 0% | $484.55K | 149 | 20 |
| 75 | 0xaa1d…e65c | $185.14 | 0% | $370.51K | 92 | 5 |
| 76 | 0xefb1…dea1 | $181.83 | 0% | $363.67K | 84 | 11 |
| 77 | 0xf945…3d79 | $181.37 | 0% | $362.74K | 992 | 33 |
| 78 | 0x941f…23b5 | $180.14 | 0% | $362.06K | 346 | 31 |
| 79 | 0x60bc…52c2 | $179.62 | 0% | $978.61K | 444 | 8 |
| 80 | 0xbd96…1034 | $179.05 | 0% | $895.26K | 160 | 17 |
| 81 | 0x8379…7235 | $176.49 | 0% | $225.82K | 182 | 5 |
| 82 | 0x09db…38f1 | $174.85 | 0% | $349.71K | 381 | 9 |
| 83 | 0x23ff…d4f7 | $169.95 | 0% | $2.50M | 965 | 5 |
| 84 | 0xa19c…9a1d | $162.20 | 0% | $514.62K | 395 | 18 |
| 85 | 0x4979…37b8 | $161.76 | 0% | $162.06K | 128 | 12 |
| 86 | 0x2705…5faa | $152.46 | 0% | $304.92K | 2.0K | 36 |
| 87 | 0xb58f…fff9 | $148.34 | 0% | $148.34K | 67 | 7 |
| 88 | 0x13fb…6f7a | $147.98 | 0% | $147.98K | 83 | 5 |
| 89 | 0x2af9…915d | $146.60 | 0% | $255.05K | 288 | 46 |
| 90 | 0x7975…6081 | $136.95 | 0% | $147.89K | 55 | 11 |
| 91 | 0x6639…530b | $136.09 | 0% | $468.69K | 229 | 25 |
| 92 | 0x5db1…8d25 | $135.24 | 0% | $338.11K | 167 | 14 |
| 93 | 0xfa59…db73 | $126.61 | 0% | $126.61K | 285 | 32 |
| 94 | 0x0101…d6c1 | $121.63 | 0% | $307.26K | 290 | 40 |
| 95 | 0xecb6…2b00 | $120.62 | 0% | $1.21M | 277 | 9 |
| 96 | 0xf2db…2a16 | $116.09 | 0% | $257.98K | 201 | 20 |
| 97 | 0xf32c…a17a | $115.55 | 0% | $210.09K | 80 | 8 |
| 98 | 0xf967…08ea | $110.55 | 0% | $113.77K | 2.3K | 688 |
| 99 | 0x8cc1…7d28 | $109.39 | 0% | $218.78K | 62 | 8 |
| 100 | 0x19c3…02b9 | $104.14 | 0% | $762.20K | 934 | 104 |
30-day Hyperliquid Builder Activity Snapshot
Over the last 30 days, Hyperliquid trades routed through builder addresses generated $36.50B in volume and $13.43M in builder fees across 36,324,217 trades. Unique traders: 208,100 across 1,021 builder addresses.
Snapshot computed at .
Top Hyperliquid Builders by Builder Fees (30d)
| Rank | Builder Address | 30d Volume (USD) | Builder Fees (USD) | Trade Count | Unique Traders |
|---|---|---|---|---|---|
| 1 | 0xe95a…53aa | $2.13B | $2.13M | 540,669 | 10,317 |
| 2 | 0x2a2b…0d17 | $4.63B | $1.97M | 1,393,953 | 23,445 |
| 3 | 0xb841…f80b | $2.96B | $1.66M | 1,626,547 | 36,884 |
| 4 | 0x5af1…5f71 | $1.65B | $1.65M | 506,009 | 11,888 |
| 5 | 0xe966…f618 | $6.16B | $924.66K | 1,126,691 | 1,000 |
| 6 | 0xad9b…f045 | $1.90B | $689.82K | 573,690 | 5,954 |
| 7 | 0x9c87…0ad9 | $376.83M | $412.61K | 149,999 | 1,518 |
| 8 | 0x5aaf…ede4 | $430.56M | $365.97K | 159,604 | 2,677 |
| 9 | 0x6d4e…ce48 | $1.02B | $358.26K | 519,414 | 4,117 |
| 10 | 0x9b12…b0bb | $346.10M | $275.42K | 73,433 | 775 |
| 11 | 0x557e…3c81 | $719.70M | $251.89K | 1,758,199 | 28,392 |
| 12 | 0x7cc0…e781 | $714.54M | $242.43K | 748,432 | 20,903 |
| 13 | 0x2868…8a39 | $1.91B | $190.66K | 803,054 | 621 |
| 14 | 0xdf39…4750 | $294.72M | $146.71K | 89,406 | 1,513 |
| 15 | 0x14c1…1293 | $146.26M | $146.26K | 33,316 | 354 |
| 16 | 0x74c3…4bd0 | $2.23B | $138.15K | 213,656 | 30 |
| 17 | 0xf85a…5688 | $174.83M | $122.38K | 74,126 | 669 |
| 18 | 0x4e65…a412 | $200.33M | $110.98K | 442,148 | 4,726 |
| 19 | 0x60dc…0fc9 | $152.04M | $76.02K | 31,253 | 653 |
| 20 | 0xea2c…75b3 | $68.03M | $68.03K | 36,942 | 1,303 |
| 21 | 0xa9ab…8687 | $352.44M | $67.61K | 1,106,158 | 812 |
| 22 | 0xf944…7009 | $115.76M | $64.92K | 80,376 | 297 |
| 23 | 0x524c…571e | $117.91M | $58.95K | 39,118 | 421 |
| 24 | 0xb84c…9533 | $386.36M | $58.29K | 210,203 | 168 |
| 25 | 0x64c0…7f5f | $100.43M | $58.25K | 164,078 | 1,285 |
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.
FAQs
Hyperliquid builder analytics questions
The dashboard attributes routed Hyperliquid activity to builder addresses using volume, fees, trades, and unique traders.
What is a Hyperliquid builder fee?
It is an optional fee attached to eligible orders and paid to the approved builder address. It is separate from Hyperliquid's protocol trading fees and depends on the user's authorization and routed activity.
What does builder-routed volume measure?
It measures the notional trading activity attributed to orders carrying a particular builder code or address. It is not the builder's deposits, assets under management, or profit.
Why compare unique traders with builder volume?
Unique traders show breadth of adoption, while volume shows activity scale. A builder driven by a few large accounts can have high volume but a very different user base from one used by many smaller traders.
Does the top builder by volume earn the most fees?
Not always. Fee revenue depends on the approved fee rate, qualifying order flow, and trade mix, so builders with similar routed volume can collect different amounts.