Hyperliquid XPL perpetual: order book, trades & funding data
19.8K trade, L2 and funding events for the XPL perp on Hyperliquid, recorded live since 2026-10-01 — about 792 events a day.
Coverage
XPL perp data coverage
What is recorded, how often it updates and how much there is.
Recording since
2026-10-01
25 days so far · no backfill
Events recorded
19,800
≈ 19.8K as of 2026-10-25
Avg events / day
792
trade · L2 book update · funding
Update frequency
Trades and L2 book updates in real time; funding settled hourly
Daily activity · last 25 days
Indicative daily event volume, last 25 days to 2026-10-25. Shape modeled from collector stats; mean matches the average events/day above.
About this market
What is XPL perp?
XPL is a thin new-chain token: a sparse tape in which every sweep is visible. AymarData has been recording the XPL perpetual on Hyperliquid since 2026-10-01 and holds 19.8K events so far, about 792 a day. History is forward-only: we record live and do not backfill.
XPL is the token of Plasma, a stablecoin-focused layer-1. On Hyperliquid, XPL is moved by unlock schedule after the 2025 launch, and by new-chain TVL and incentive programmes. The venue adds its own mechanics: funding is paid hourly rather than every eight hours, and positions are on-chain, so liquidation clusters and large wallets are visible rather than inferred.
Only ~792 events a day on XPL. Every trade and quote update matters: use it for market-impact and thin-book studies, and treat any resampled series with care.
What moves XPL on Hyperliquid
- Unlock schedule after the 2025 launch
- New-chain TVL and incentive programmes
- Stablecoin supply on the chain and Tether-related headlines
Schema
XPL perp fields and sample rows
The same columns are returned by the API and in Parquet and CSV files.
| Field | Type | Description |
|---|---|---|
| ts_ms | int64 | Venue event time, Unix milliseconds |
| symbol | string | Hyperliquid coin name, here XPL |
| event_type | string | trade | l2_update | funding |
| side | string | buy / sell for trades; bid / ask for book levels; null on funding |
| price | number | Trade price or book level in USD |
| size | number | Size in coin units; null on funding |
| funding_rate | number | null | Hourly funding rate on funding events, else null |
Sample rows
| ts_ms | symbol | event_type | side | price | size | funding_rate |
|---|---|---|---|---|---|---|
| 1792677599319 | XPL | trade | buy | 0.21012 | 14712 | null |
| 1792677599733 | XPL | l2_update | bid | 0.21009 | 128605 | null |
| 1792677600482 | XPL | funding | null | 0.21009 | null | 0.00000294 |
Illustrative rows for XPL on Hyperliquid; prices in USD, shown for schema purposes. Funding appears on funding events.
Code
Pull XPL perp in Python, cURL or MCP
Market id: XPL. Export AYMARDATA_API_KEY from your dashboard, then run the Python requests example.
import os
import requests
API = "https://api.aymardata.com/v1"
KEY = os.environ["AYMARDATA_API_KEY"] # export AYMARDATA_API_KEY=ad_live_…
H = {"Authorization": f"Bearer {KEY}", "User-Agent": "aymardata-docs/1.0"}
# XPL perp: ten minutes around the 14:00 UTC hourly funding
trades = requests.get(
f"{API}/trades",
headers=H,
params={
"source": "hyperliquid",
"market": "XPL",
"start": "2026-10-22T13:55:00Z",
"end": "2026-10-22T14:05:00Z",
"limit": 500,
},
timeout=30,
).json()["data"]
funding = [t for t in trades if t["event_type"] == "funding"]
print(funding[0]["funding_rate"] if funding else "no funding event in window")
book = requests.get(
f"{API}/book",
headers=H,
params={
"source": "hyperliquid",
"market": "XPL",
"at": "2026-10-22T14:00:00Z",
"depth": 10,
},
timeout=30,
).json()
print(book.get("spread"), len(trades))FAQ
XPL perp: common questions
How much XPL data is there, and is it enough?
About 792 events a day, so far. That is fine for studying thin-book behaviour but not for statistics that need dense, continuous quoting.
What moves the XPL perp on Hyperliquid?
Unlock schedule after the 2025 launch, and new-chain TVL and incentive programmes. Hyperliquid's hourly funding and on-chain liquidations amplify both effects. XPL is a thin new-chain token: a sparse tape in which every sweep is visible.
How far back does XPL data on Hyperliquid go?
Recording started 2026-10-01, and it is forward-only — we do not backfill Hyperliquid. That is about 25 days and 19.8K events at the time of this page. Coverage grows every day.
How is funding stored for XPL?
As separate events (event_type=funding) with a funding_rate field, in the same time-ordered stream as trades and L2 updates. Hyperliquid pays funding hourly, so expect 24 funding events a day for XPL.
Can I compare XPL on Hyperliquid with a centralized venue?
XPL is not in the top-20 Binance perp list we publish, so cross-venue comparison would need another source. Check the catalog for what is available, or request a dataset.
Backtest XPL perp with real tick data
Get an API key, pull your first window and join it with the other sources in the catalog.