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. |
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. |
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;
