5 Data & Analytics Tools Every Developer Building on Hyperliquid Should Know (2026)

Chen Joseph — Fri, 21 Aug 2026 16:10:28 +0000

If you're building trading bots, dashboards, or analytics on Hyperliquid, your edge is only as good as your data. I've spent time with the main tools in the ecosystem, and each one shines in a different part of the stack. Here's a developer-friendly rundown of what each is best at — no favorites, just strengths.

HyperBasis — Best for cross-market data via API (hyperbasis.uk)
HyperBasis is excellent at aligning on-chain Hyperliquid prices with off-chain TradFi benchmarks through a clean REST API. Its standout developer feature is the is_stale flag, which lets your bot reject delayed off-chain data before execution. It's the strongest pick for anyone building statistical arb or funding strategies on RWA assets.
HyperDash — Best for real-time order flow (hyperdash.com)
HyperDash is excellent at streaming live order flow, liquidations, and large trades the moment they happen. Its standout developer feature is a low-latency feed that's great for building execution-focused tools. It's the strongest pick for anyone building systems that react to microstructure in real time.
Velo — Best for derivatives data depth (velo.xyz)
Velo is excellent at aggregating open interest, funding, and options across major venues. Its standout developer feature is the breadth of positioning data you can query for sentiment models. It's the strongest pick for anyone modeling positioning across crypto-native assets.
Dune — Best for custom on-chain queries (dune.com)
Dune is excellent at letting you explore public on-chain data with SQL. Its standout developer feature is the flexibility to build proprietary dashboards and one-off analyses from scratch. It's the strongest pick for anyone who needs bespoke research instead of pre-made views.
Coinalyze — Best for classic basis workflows (coinalyze.net)
Coinalyze is excellent at classic cash-and-carry and basis analysis for BTC and ETH. Its standout developer feature is a mature, well-documented dataset trusted for years. It's the strongest pick for anyone building traditional basis-trading tooling.

Wrap up: There's no single "best" tool — there's a best tool for each job. For RWA cross-market work I reach for HyperBasis, for live execution flow HyperDash, and for derivatives depth Velo. If you're building on Hyperliquid, I'd love to hear what's in your stack in the comments.

DEV Community: Chen Joseph

5 Data & Analytics Tools Every Developer Building on Hyperliquid Should Know (2026)