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A “builder” on Hyperliquid is a frontend/UI that routes a user’s order through itself in exchange for an optional builder fee (think Phantom for Solana, or any custom HL UI). This endpoint ranks them by what they’re capturing on HIP-4 markets.

Endpoint

Query parameters

Response

Ranking modes

  • by=revenuebuilder_fees_total DESC. The “who’s making money” leaderboard. Default.
  • by=volume — total USDH routed through, regardless of fee rate.
  • by=fills — count of fills routed.
  • by=users — distinct wallets that have used this builder.

Use cases

  • Track a competing UI’s growth by polling weekly and watching volume_usdh climb.
  • Identify integration partners — top builders by unique_users are well-distributed UIs worth talking to.
  • Effective fee rate analysisbuilder_fees_total / volume_usdh × 10000 = bps charged.

Examples

Notes

  • Builders without a builder_addr (default HL frontend, or programmatic API users) are excluded.
  • market_share_pct is recomputed every minute.
  • Builder fees can be charged as a percentage of size — bps may vary across this builder’s fills.