What is HyperMercantile on Hyperliquid?
HyperMercantile is a builder-deployed HIP-3 perpetual market group on Hyperliquid. Its builder selects markets and operates the deployment while orders use Hyperliquid's underlying trading infrastructure.
HyperMercantile | HIP-3 Builder DEX Analytics on Hyperliquid
Unified financial interface for next-generation derivatives trading
Over the last 30 days HyperMercantile processed $0 in perpetual futures trading volume across 0 listed markets, with 0 unique traders and 0 trades. Total fees collected: $0.
HyperMercantile
HIP-3 perpetual DEX on Hyperliquid — Volume, open interest, traders & feesTrade Analytics
Open Interest
Open Interest - HyperMercantile
| Symbol | Mark Price | Open Interest | Volume (All Time) | Traders (All Time) | Fees (All Time) | Trades (All Time) | Chart |
|---|---|---|---|---|---|---|---|
FAQs
HyperMercantile market questions
The dashboard attributes HyperMercantile volume, open interest, trades, traders, fees, and symbol activity across its builder-deployed perpetual markets.
What does HyperMercantile trading volume measure?
It is the notional value traded in the tracked HyperMercantile perpetual markets during the selected period. It measures turnover, not capital deposited or positions still open.
How much risk is positioned on HyperMercantile?
Open interest estimates the notional value of outstanding HyperMercantile perpetual positions. Compare it with volume to distinguish retained exposure from rapid turnover.
How active are traders on HyperMercantile?
Unique traders measure participation breadth, while trade count and volume measure activity. Together they show whether HyperMercantile usage is broad or concentrated among a small number of active accounts.
What fees are generated by HyperMercantile?
The analytics aggregate reported fees associated with tracked trading activity. Fees should be compared with volume and trade count because a larger fee total can reflect either more activity or a different fee mix.