DEX Overview

The hyperliquid.metrics.dex_overview table provides daily metrics per HIP-3 DEX on Hyperliquid. This table only includes HIP-3 permissionless perpetual markets — native Hyperliquid perps are excluded. It provides visibility into individual DEX performance on Hyperliquid.

HIP-3 DEXes are permissionless perpetual markets that allow anyone to deploy their own perpetual trading venue on Hyperliquid. Each DEX has its own deployer, fee recipient, and set of markets.

Table Columns

DEX Identity

Column Name	Description
activity_date	The date of the activity.
dex_name	The short name/identifier of the HIP-3 DEX.
dex_full_name	The full display name of the HIP-3 DEX.
deployer	The address of the deployer who created this HIP-3 DEX.
fee_recipient	The address that receives trading fees for this DEX.

Volume & Trades

Column Name	Description
volume_usd	The daily trading volume in USD for this DEX.
trade_count	The daily number of trades on this DEX.
median_trade_size_usd	The median trade size in USD for this DEX on this day.
avg_trade_size_usd	The average trade size in USD for this DEX on this day.

Users

Column Name	Description
active_users	The number of unique users who traded on this DEX on this day.
active_buyers	The number of unique buyers on this DEX on this day.
active_sellers	The number of unique sellers on this DEX on this day.

Markets & Fees

Column Name	Description
unique_markets_traded	The number of unique perpetual markets traded on this DEX on this day.
trading_fees_usd	The total trading fees in USD collected by this DEX on this day.
deployer_fees_usd	The deployer’s share of trading fees in USD for this DEX on this day. Subset of `trading_fees_usd`.

Leverage Breakdown

Column Name	Description
high_leverage_volume_usd	The trading volume in USD on markets with 20x+ max leverage.
medium_leverage_volume_usd	The trading volume in USD on markets with 10-19x max leverage.
low_leverage_volume_usd	The trading volume in USD on markets with less than 10x max leverage.

Lineage

Column Name	Description
_created_at	Row creation timestamp.
_updated_at	Row last update timestamp.
_changed_since_full_refresh	Change-tracking flag for row updates.

Sample Queries

Top HIP-3 DEXes by Volume (Last 7 Days)

SELECT 
  dex_name,
  dex_full_name,
  SUM(volume_usd) AS total_volume_usd,
  SUM(trade_count) AS total_trades,
  SUM(trading_fees_usd) AS total_fees_usd
FROM hyperliquid.metrics.dex_overview
WHERE activity_date >= CURRENT_DATE - INTERVAL '7 days'
GROUP BY dex_name, dex_full_name
ORDER BY total_volume_usd DESC
LIMIT 10;

Overview by Coin Trades

⌘I

Overview

Data Verticals

Solana

Hyperliquid

Lighter

Bitcoin Ecosystem

EVM

Cosmos Ecosystem

Move Ecosystem

Other Ecosystems

Table Columns

DEX Identity

Volume & Trades

Users

Markets & Fees

Leverage Breakdown

Lineage

Sample Queries

Top HIP-3 DEXes by Volume (Last 7 Days)

​Table Columns

​DEX Identity

​Volume & Trades

​Users

​Markets & Fees

​Leverage Breakdown

​Lineage

​Sample Queries

​Top HIP-3 DEXes by Volume (Last 7 Days)

Table Columns

DEX Identity

Volume & Trades

Users

Markets & Fees

Leverage Breakdown

Lineage

Sample Queries

Top HIP-3 DEXes by Volume (Last 7 Days)