What it shows
The Hyperliquid Tracker is a Premium page for wallet-level positioning on the Hyperliquid perpetuals exchange. It has three tabs. The Dashboard tab starts with a first-look strip for market pulse, smart-money direction, crowd risk and TWAP activity. Below it are HIP-3 volume and open interest charts and a HIP-3 radar. Next come a feed of large HIP-3 positions, categorised wallet groups called HL Radar and your own wallet watchlist. The NinjaInsider tab shows a documented wallet pool, fresh-wallet anomalies and positions taken before scheduled events. The Whale Tracking tab shows a whale heatmap, a flow chart and an alert timeline. The wallets are tracked by the community and are not verified.
How to read it
Start with the tab that matches your question. In the Dashboard tab, read the first-look strip before the wallet tables. Then open a wallet group in HL Radar and compare its net exposure with the number of wallets behind it. Check the update time on each card. Read long and short as the direction of open perpetual positions, not as a trade suggestion. In the HIP-3 sections, check how many tracked wallets sit behind a ratio, because a few large wallets can decide the whole reading. Use the watchlist to follow single wallets over time.
- Pick the tab: Dashboard, NinjaInsider or Whale Tracking.
- Compare a wallet group’s net exposure with the number of wallets behind it.
- Check the update time of each card before you compare two views.
What to keep in mind
A wallet address is not a verified person. A visible position can be hedged on another venue or in another address. The data covers tracked wallets only, so it does not describe the whole market. Profit and loss figures describe the past and do not predict later results. Positions change between updates. The page shows records and does not give advice.
A missing value is not zero. Check the source and time under each data block before you compare numbers.
Questions
How can I follow whale wallets on Hyperliquid?
Open the Whale Tracking tab for the heatmap, flow chart and alert timeline. Use HL Radar on the Dashboard tab to open categorised wallet groups. Add single wallets to your watchlist to follow their positions and set alerts for trades.
What is HIP-3 on Hyperliquid?
HIP-3 is the Hyperliquid framework that lets outside teams run their own perpetual markets. The tracker uses it to show positions in markets such as commodities and equities, with bot and market-maker wallets left out of the long and short ratio.
Is the Hyperliquid Tracker free?
No. The Hyperliquid Tracker is part of NinjaTools Premium. To open it, sign in with an account that has Premium access. Accounts without Premium cannot use the full page. Open the NinjaTools app to see the current plans and what they include.