market-monitor

top traders

who is winning across 3 venues, and what they are doing · the tape · positioning

venues 3 traders followed 690 fills 24h 1,270,686 notional 24h $2.65B
venueleadertheir pnlfollowedfills 24hnotional 24hlast fill (UTC)
hyperliquid — — 233 1,204,146 $2.62B 2026-10-07 07:30
lighter — — 97 66,540 $36.6M 2026-10-07 07:38
derive — — 0 0 — —
venue all venues hyperliquid lighter derivewindow 24h 7d 30d all

derive · 7d

0 traders

derive does not honour a 7d window upstream — its board returns the same figures for any period, so nothing is stored under this label rather than a number that would be a quiet lie.

#traderpnlroivolumeaccount value
no board collected yet

hyperliquid's board mixes vault and hlp depositors in with traders — they earn pro-rata returns at high roi on little volume — so rows under $5.0M of volume in the window are left out of it. pnl is realised as each venue books it. roi is against account equity on hyperliquid and lighter; derive publishes no cost basis, so its roi column stays empty rather than carrying a different quantity under the same heading. read roi within a venue, never across.

collection

venuetraders walkedhistory completereaches back tofills recovered
derive 294 294 — 0
hyperliquid 1221 487 2026-03-25 06:04 14,939,231
lighter 933 933 — 0

"history complete" counts traders whose venue has no more to give. hyperliquid keeps roughly the last ten thousand fills per account; lighter publishes no per-account history at all, so its traders are marked complete the moment they are tried.