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ZENODO
Dataset . 2026
License: CC BY
Data sources: Datacite
ZENODO
Dataset . 2026
License: CC BY
Data sources: Datacite
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An Open Book: Level 4 Order Book Data from the Hyperliquid Exchange

Authors: Albers, Jakob; Cucuringu, Mihai; Howison, Sam; Shestopaloff, Alexander Y.;

An Open Book: Level 4 Order Book Data from the Hyperliquid Exchange

Abstract

This dataset accompanies the paper "An Open Book: Level 4 Order Book Data from the Hyperliquid Exchange." It contains three data streams from the Hyperliquid decentralized perpetual futures exchange: - Order statuses (Dec 2025): Complete order lifecycle events for BTC, ETH, and SOL perpetual contracts, including rejected orders — data typically unavailable from any exchange. Custom binary format, 54 bytes per record. ~880 million records per day. - Raw book diffs (Dec 2025): Every change to the visible limit order book for BTC, ETH, and SOL. Gzip-compressed JSON lines. - Trades (Oct 2025 – Jan 2026): Trade execution data for all 250+ perpetual contracts. Gzip-compressed JSON lines. Includes lookup tables, a Python reader (read_data.py), and full schema documentation (SCHEMA.md). See README.md for quick start instructions.

Keywords

perpetual futures, market microstructure, high-frequency trading, order flow, Hyperliquid, limit order book, rejected orders, cryptocurrency

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selected citations
These citations are derived from selected sources.
This is an alternative to the "Influence" indicator, which also reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Citations provided by BIP!
popularity
This indicator reflects the "current" impact/attention (the "hype") of an article in the research community at large, based on the underlying citation network.
BIP!Popularity provided by BIP!
influence
This indicator reflects the overall/total impact of an article in the research community at large, based on the underlying citation network (diachronically).
BIP!Influence provided by BIP!
impulse
This indicator reflects the initial momentum of an article directly after its publication, based on the underlying citation network.
BIP!Impulse provided by BIP!
0
Average
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