Hyperliquid XYZ

Real-time liquidity & market infrastructure
Low-latency finance

Hyperliquid XYZ provides composable, ultra-low-latency liquidity rails, execution tools, and analytics designed for modern market makers, exchanges, and institutional traders. Think sub-millisecond feeds, unified order orchestration, and transparent settlement — packaged with developer-first APIs.

Throughput1M tx / sec
Latency< 500 µs
Supported24 exchanges
Built for reliability: deterministic failover, end-to-end encryption, and granular audit logs for compliance.

Ultra low latency engine

Deterministic order matching and market data delivery with microsecond-level performance. Built-in batching and jitter filtering keep your positions tight and predictable.

Composability

Modular APIs let you adopt only what you need: market feeds, order routing, settlement adapters, or our full stack. Drop-in SDKs and OpenAPI definitions make integration fast.

Observability & risk

Real-time analytics, position margining, simulator backtests, and alerting. Immutable audit trails and fine-grained role controls keep compliance teams happy.

How Hyperliquid works

1
Connect
Use secure keys to connect your trading or execution client to a private tenant. SSH-level isolation and tokenized auth.
2
Stream
Subscribe to single unified streams for orderbooks, trades, and derived analytics. WebSocket and gRPC endpoints supported.
3
Orchestrate
Our routing layer evaluates exchange fees, latency, and liquidity depth to execute intelligently across venues.
4
Settle & audit
Atomic settlement adapters for fiat and crypto, with cryptographic proofs and exportable compliance reports.
Live stream playground
Preview simulated order flow, latency funnel, and risk heatmaps. Toggle venues and instrument families to compare execution quality.
// sample event { "symbol":"ETH-USD","price":3149.23, "size":1.2, "side":"sell", "venue":"HX-EX" }

Who uses Hyperliquid

Market makers

Tight spreads through advanced order types and deterministic execution. Backtest engines and simulated fill reports help optimize quoting strategies quickly.

Exchanges & venues

Plug Hyperliquid as a matching or feed provider to improve latency and throughput without forked infrastructure.

Institutional traders

Unified view of liquidity, centralized risk controls, and settlement compliance that fits into enterprise workflows.

Developers & fintechs

Lightweight SDKs, sample strategies, and a sandbox environment to build high-throughput trading experiences fast.

Pricing

Sandbox

Free — ideal for evaluation and developer onboarding. Includes virtual feeds and 10k API calls / mo.

Growth

Usage-based pricing for market makers and small venues. Includes SLA-backed support and premium feeds.

Enterprise

Custom contracts, on-premises deployments, and compliance integrations tailored to institutions.

Leadership

Alex Morgan
CEO · former quant at global exchange
Dr. Priya Rao
CTO · distributed systems
Jules Becker
Head of Product