Hyperfolio vs Hyperliquid Analytics (2026)

The short answer

Hyperfolio is a free, read-only Hyperliquid dashboard that turns any public wallet address into your real PnL — realized and unrealized, net of fees and funding — plus win rate, a trading journal, a Smart Money radar and push alerts, all with no sign-up. Hyperliquid Analytics (hyperliquidanalytics.com) is an on-chain trader-intelligence terminal built to screen 600+ assets, watch smart wallets and whales, and visualize liquidation heatmaps across the market. If the question is whether you are profitable, Hyperfolio is the stronger default — paste any address and see your PnL free, no sign-up.

Why "market analytics" and "my PnL" are two different jobs

Hyperliquid is one of the few venues where every fill, funding payment, deposit and liquidation is public on-chain. That radical transparency has produced two very different kinds of tools, and they are not interchangeable.

The first kind answers questions about the market: where is open interest, which wallets are accumulating, where are the liquidation clusters, which asset is moving first. That is market intelligence. The second kind answers questions about you: what is my realized PnL after fees, what is my win rate, how much did funding cost me this month, and is this strategy actually making money. That is portfolio truth.

Hyperliquid Analytics sits firmly in the first camp — it is a powerful lens on other traders and on market structure. Hyperfolio lives in the second camp, and then borrows the parts of the first (Smart Money radar and whale tracking) that actually change how you trade. The distinction matters because a tool that only shows the market can never tell you whether your net edge is positive after the taker fee, the maker rebate and every funding payment.

Hyperfolio vs Hyperliquid Analytics: side by side

The fastest way to choose is to look at what each product is optimized to answer.

Capability	Hyperfolio	Hyperliquid Analytics
Core job	Your real PnL — realized and unrealized, net of fees and funding	Market and trader intelligence terminal
Free, no sign-up	Yes — paste any address	Yes — browse public data
Personal PnL with fees & funding breakdown	Yes	No
Win rate & trading journal	Yes	No
Smart Money radar & whale tracking	Yes	Yes
Liquidation heatmaps	Partial — per-position liquidation price	Yes — market-wide heatmaps
Push alerts (no Telegram)	Yes	No
Multi-venue (AsterDEX, Lighter, Robinhood Chain)	Yes	No
Assets screened	Hyperliquid + integrated venues	600+ assets (crypto, stocks, commodities)
API keys required	No — read-only	No — public data

Takeaway: Hyperliquid Analytics is the better market telescope; Hyperfolio is the better mirror. Most traders need a mirror first.

What Hyperfolio does that Hyperliquid Analytics doesn't

Hyperfolio was built around a single promise: show a trader the exact number that matters most — net PnL — without asking for a sign-up, an API key or a wallet connection.

• Realized and unrealized PnL, net of fees and funding. Hyperliquid's native UI shows your position PnL at mark price, but it does not surface the lifetime cost of taker fees and funding payments in one clean figure. Hyperfolio reconstructs it from on-chain data so the number you see is the number you actually keep.
• Win rate and a trading journal. Every closed position becomes a row: entry, exit, size, PnL, fees paid. You can see at a glance whether your edge comes from a few big wins or from consistency.
• Smart Money radar and whale tracking. Follow the wallets that are actually winning and get push alerts when a tracked wallet moves — no Telegram bot or third-party relay required.
• Multi-venue aggregation. Track Hyperliquid alongside AsterDEX, Lighter and Robinhood Chain in a single panel, so perps, spot and staking live in one place.
• Zero setup. Paste any address or connect a wallet in read-only mode. There is no registration wall, no KYC, and no API keys to leak.

Where Hyperliquid Analytics wins

Being honest: if your job is to read the whole market at once, Hyperliquid Analytics is genuinely strong. Its terminal is built to screen 600+ assets — crypto, tokenized stocks and commodities listed through Hyperliquid's HIP-3 — and to surface where smart money and whales are positioned across that universe.

Its market-wide liquidation heatmaps are the clearest differentiator. Hyperfolio shows you the liquidation price of your open positions; Hyperliquid Analytics shows you the liquidation clusters of the entire market, which is useful for anticipating cascades and stop-hunts. If you are a discretionary trader who wants a top-down map of the venue, that tool earns its place.

What it does not do is close the loop back to your own account. A liquidation heatmap cannot tell you whether your last thirty trades were profitable net of fees. For that, you still need a portfolio tracker — which is exactly the gap Hyperfolio fills.

Takeaway: use Hyperliquid Analytics to see the battlefield, and Hyperfolio to see your own scoreboard.

How to use both together for a real edge

The two tools are not enemies; they are complements. A practical workflow looks like this:

1. Open the heatmap. Use a market-intelligence view to spot where liquidation clusters are building and where a cascade could trigger.
2. Check the Smart Money radar. See which top wallets are adding risk or taking profit into that zone.
3. Verify your own numbers. Open Hyperfolio, paste your address and confirm your net PnL, win rate and funding cost before you size the next position.
4. Set a push alert. Follow the wallets that matter and get notified the moment they move — no Telegram needed.

This loop keeps the market view honest by grounding it in your own track record, which is where most traders quietly bleed.

FAQ

What is Hyperliquid Analytics?

Hyperliquid Analytics (hyperliquidanalytics.com) is an on-chain trader-intelligence terminal for Hyperliquid. It screens 600+ assets, tracks smart wallets and whale trades, and visualizes liquidation heatmaps across the venue.

Is Hyperfolio free to use?

Yes. Hyperfolio is free and read-only: paste any wallet address or connect your wallet and see PnL, win rate, fees and funding with no sign-up, no KYC and no API keys.

Does Hyperfolio track whales and smart money?

Yes. Hyperfolio includes a Smart Money radar and whale tracking, and can send push alerts when a wallet you follow opens or closes a position — without a Telegram bot.

Which is better for my own PnL — Hyperfolio or Hyperliquid Analytics?

Hyperfolio. Hyperliquid Analytics shows the market and other traders; Hyperfolio reconstructs your realized and unrealized PnL net of fees and funding, plus win rate and journal history.

Do I need API keys or a sign-up?

No. Both tools read public on-chain data. Hyperfolio works by pasting any address or connecting a wallet read-only — no API keys, no registration.

See your real PnL in 30 seconds

Stop guessing whether you are profitable. Hyperfolio turns your Hyperliquid address into a clean, fee-aware PnL dashboard in seconds — try the free tracker now by pasting any address or connecting your wallet, no sign-up required.