Getting Started

Learn how to set up your first watchlist and start tracking Hyperliquid

Quick Start Guide

Getting started with Hypermetrics takes less than 2 minutes. Let’s walk through setting up your dashboard.

Step 1: Create an Account

  1. Click “Start Tracking” on the homepage
  2. Sign up with your email or use Google/GitHub
  3. Verify your email address
  4. You’re in!

Step 2: Explore the Leaderboard

Once you’re logged in, you’ll see the Hyperliquid leaderboard - a real-time ranking of top performers.

Understanding the Leaderboard

The leaderboard displays:

  • Trader addresses: Wallet addresses of top performers
  • PnL: Profit and Loss over different timeframes (24h, 7d, 30d, all-time)
  • Volume: Total trading volume
  • ROI: Return on investment percentage
  • Win rate: Percentage of profitable trades
  • Rank: Current position in the rankings

Filtering Options

Sort and filter by:

  • Timeframe: 24h, 7d, 30d, all-time
  • Metric: PnL, Volume, ROI, Win rate
  • Minimum volume: Filter out low-volume traders

Step 3: Track Your First Address

Found an interesting whale or want to monitor a specific address? Let’s add it to your watchlist.

How to Add an Address

  1. Click on any address from the leaderboard, OR
  2. Use the search bar to enter a specific address
  3. Click “Add to Watchlist” or the ⭐ icon
  4. (Optional) Add a custom label for easy identification

That’s it! You’ll now receive updates on this address’s activity.

Step 4: Set Up Your First Alert

Alerts are the key to staying ahead. Get notified when important events happen.

Creating an Alert

  1. Go to your watchlist
  2. Click on a tracked address
  3. Click “Create Alert”
  4. Choose your alert type:
    • Transaction size: Get notified for transactions above a certain value
    • Position change: Alert when opening/closing positions
    • PnL threshold: Track significant gains or losses
    • Custom conditions: Advanced users can set complex triggers
  5. Select notification method (email, push, webhook)
  6. Click “Create Alert”

Alert Best Practices

Start Simple: Begin with basic transaction alerts

  • Set a reasonable threshold (e.g., >$100k)
  • Don’t over-alert yourself

Monitor Smart Money: Track addresses with proven track records

  • Check their historical performance first
  • Focus on consistent performers, not one-hit wonders

Use Labels: Organize your watchlist

  • “Top Traders”, “Whales”, “Competitors”, etc.
  • Makes reviewing alerts much easier

Understanding Your Dashboard

Leaderboard: Real-time rankings of top Hyperliquid traders

Watchlist: Your tracked addresses and custom alerts

Large Transactions: Live feed of significant on-chain movements

Analytics: Deep dive into market trends and patterns (Basic/Pro plans)

Settings: Manage your account, notifications, and API access

Dashboard Widgets

Recent Activity: Latest movements from your watched addresses

Top Gainers/Losers: Biggest PnL changes in your watchlist

Alert Feed: Recent alerts triggered for your watchlist

Market Overview: High-level metrics for Hyperliquid

Free vs Basic vs Pro Plans

Free Plan

  • View leaderboards
  • Track up to 3 addresses
  • Basic transaction history
  • Community updates

Basic Plan ($9/month)

  • Track up to 50 addresses
  • Real-time alerts (email + push)
  • Unlimited transaction history
  • Advanced analytics
  • Data export (CSV/JSON)

Pro Plan ($19/month)

  • Unlimited address tracking
  • Instant notifications
  • API access
  • Custom webhooks
  • Advanced whale detection
  • Dedicated support
  • Historical data archive

Your First Day

Here’s what to do on day one:

Explore the Leaderboard (10 minutes)

  • Check out the top 10 traders
  • Look at different timeframes
  • Identify interesting patterns

Add 2-3 Addresses (5 minutes)

  • Pick addresses with consistent performance
  • Add clear labels
  • Review their recent activity

Set One Alert (2 minutes)

  • Start with a simple transaction alert
  • Set a reasonable threshold
  • Test that notifications work

Check Large Transactions (5 minutes)

  • Browse recent whale movements
  • Understand what size transactions are “normal”
  • Spot any interesting patterns

Common Beginner Questions

How often is data updated?

Real-time! Our infrastructure delivers updates with <100ms latency. Basic and Pro plans get priority refresh rates.

What counts as a “large transaction”?

This varies by market conditions, but generally:

  • Small: $10k - $50k
  • Medium: $50k - $250k
  • Large: $250k - $1M
  • Pro: $1M+

You can customize these thresholds in settings.

Can I track my own address?

Absolutely! Many users track their own wallets to:

  • Monitor portfolio performance
  • Get alerts on their own positions
  • Compare against top traders
  • Track historical metrics

How do I avoid alert fatigue?

Start conservative:

  1. Track fewer addresses initially (3-5)
  2. Set higher thresholds
  3. Use email for less urgent alerts
  4. Reserve push notifications for whales only
  5. Review and adjust weekly

What if I see suspicious activity?

Hypermetrics is a read-only analytics tool. We display on-chain data but don’t interact with the blockchain. If you notice concerning patterns:

  • Use it to inform your own decisions
  • Share insights with the community (if you’re comfortable)
  • Remember: past performance ≠ future results

Next Steps

Now that you’re set up:

  1. Explore Features - Learn about advanced capabilities
  2. API Documentation - For developers (Pro plan required)
  3. Best Practices - Pro tips for effective tracking

Most Important

Hypermetrics gives you the data. Making smart trading decisions is still up to you.

Track smart, trade smarter. 📊

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