Onchain FX · both venues
13.5% WoW
$159.1M
traded per day across Hibachi and Hyperliquid, the entire onchain FX market
Boards
Public boards for onchain FX & perp venue numbers — volume, open cost, early-chain watchlist.
research boards by @aimin31 · NFA
Funding spreads · printed vs real
91
of 1,979 a screener would rank
what survives the book, the costs, and the time it takes to repay them
Cost to trade $10k · 7d median
41×
0.14 to 5.55 bps
between the cheapest and dearest venue we measure — walked off their live books, not their fee pages
What's Moving
Where attention just went — every market scored against its own history, not against the others. Rate of change, never size.
Updated — · Sep 21, 05:48 PM
v4 Radar
Young Uniswap v4 pools actually trading right now — with what each pool's hook is permitted to do to your swap, decoded from the hook's own address.
Updated — · Sep 21, 05:48 PM
Venue Integrity
Volume is easy to print; open interest someone has to hold. Churn per venue against its own history — and the HIP-3 share the timeline quotes as fact, measured as the moving band it actually is.
Updated — · Sep 21, 05:42 PM
HYPE Supply
Circulating, staked and sitting in wallets — three totals for the same token that do not agree, plus the wallets the timeline argues about, read off the chain.
Updated — · Sep 21, 05:48 PM
What to Farm
Live trading competitions and incentives, sorted by what closes first — with what it actually costs to qualify, measured off the books.
Updated — · Sep 21, 05:48 PM
Flash Radar
Marks that broke — dislocations that snapped back, measured minute by minute across every liquid perp.
Updated — · Sep 21, 05:47 PM
Printed vs Real
Funding screeners rank by a number you cannot trade. Same number, minus the book, the costs and the time it takes to repay them.
Updated — · Sep 21, 05:42 PM
FX Volume
Hibachi vs Hyperliquid — FX volume by pair, ratio, window totals.
Updated — · Sep 21, 05:42 PM
Open Cost
Cost to open $100k / $1M market orders across venues — fees, all-in.
Updated Sep 21 · manual
Execution Cost
What a market order really costs per venue — fee + spread + book impact, walked on live L2 depth.
Updated — · Sep 21, 05:42 PM
Watchlist
Early venues & chains — status, one key metric, one-line thesis.
Updated Sep 21 · manual
Listings Race
Who lists each FX/metal pair first — dated timeline per pair, auto-detects new listings.
Updated — · Sep 21, 05:42 PM
FX Funding
Funding rates on FX & metals perps across venues — divergence is the story.
Updated — · Sep 21, 05:42 PM
Stablechain Race
Native stablecoin supply on the new stablecoin-first chains — incl. Arc, which nobody else can index.
Updated — · Sep 21, 05:42 PM
Arc Watch
Native USDC supply on Arc — live tracker with sourced milestones. Gated mainnet, watched from outside.
Updated — · Sep 21, 05:42 PM