Hyperliquid Volume Leaders

Relative volume is each asset's current volume compared to its own recent baseline (20-period moving average). A value of 200% means today's volume is 2x the recent norm. Ranking by relative volume — rather than raw volume — surfaces names where flow is *changing*, not just names that always have big absolute volume (BTC, ETH).

A top-by-volume list mostly shows BTC, ETH, SOL every day — that doesn't tell you anything new. Top-by-relative-volume shows where attention has shifted. A mid-cap perp jumping to 5x its average volume tells you something is happening right now; the market has decided that asset matters this hour.

4h bar, refreshed at each 4h close; cached up to 10 minutes. The snapshot behind this table is rebuilt a few minutes after each 4-hour bar closes (00:00, 04:00, 08:00 … UTC), and the page caches that response for up to 10 more minutes — so the numbers can be a little over four hours behind the venue. The "Last updated" stamp above the table is the close of the bar the numbers belong to, with the bar range beside it.

4-hour bars on the top-100 HL universe. Relative volume = current 4h volume / mean of last 20 × 4h volumes. Switching to 1h or 1D would change the cohort and the magnitudes; the 4h default balances enough samples to be meaningful with enough freshness to track intraday flow shifts.

Relative volume is a participation filter — combine it with a directional signal (momentum, breakout) to filter out moves that have no flow behind them. The /lab/momentum and /lab/squeeze presets already incorporate rel-vol as a gate. Or open the Screener and build your own filter.