Every category where a model named Hyperliquid for a mid-market B2B company. Share is first choices across the direct, paraphrase, budget and scale prompts; rank is within every product named in that category.

Category	Function	Share	Rank	Negative rate	Labels	Quadrant	Since September 2026
Digital employee experience	IT operations and endpoint	0%	30 of 219	0%	12	accepted challenger

Movement

This is the first edition on this tier, so no move can be computed for Hyperliquid yet. From the next edition this section shows, per buyer segment and per category, whether its share moved by more than the measured noise floor.

By model

How each model treated Hyperliquid across every prompt where it was named for a mid-market B2B company. Fourteen models, six prompts per category.

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Model	First choice	Alternative	Mention	Labels
Claude Haiku 4.5	1	0	0	1
GPT-5.4 mini	0	0	0	0
Gemini 3.5 Flash	0	1	0	1
Perplexity Sonar	0	1	1	2
Grok 4.1 Fast	0	1	0	1
Mistral Small	0	0	0	0
DeepSeek V4 Flash	0	1	1	2
Llama 4 Maverick	0	0	1	1
Qwen 3.7 Flash	0	1	0	1
Kimi K2	0	1	0	1
GLM 4.7 FlashX	0	0	0	0
MiniMax M2.5	0	0	0	0
GPT-6 Luna	0	0	1	1
Muse Glimmer 30B	0	1	0	1

By framing

Which of the six questions produced the naming. By model says how often; this says asked what. The first-choice count on the right carries the marks of the models that produced it.

FramingLabels by classFirst choices

Direct2 labelsNone

Paraphrase0 labelsNone

Comparative16 labels3not counted in share

Budget-constrained3 labelsNone

Scale-constrained2 labelsNone

Negative2 labelsNone

First choiceAlternativeMentionNegative25 labels in all, every segment counted; 0 of the 3 first choices count toward share, since the comparative and negative framings do not. The bar is one segment per label class, to scale within the framing.

What the models said for it

Verbatim evidence the judge attached to positive labels.

“For perpetuals, Hyperliquid is far ahead at roughly $432 billion per month” Claude Haiku 4.5 · DEX · comparative prompt · first choice

“Perpetual futures / leverage → Hyperliquid (best liquidity and speed)” DeepSeek V4 Flash · DEX · comparative prompt · alternative

“Hyperliquid (Perps leader; billions in perp volume, ~$7B+ TVL equivalent)” Grok 4.1 Fast · DEX · comparative prompt · alternative

“For trading with leverage (perpetuals): Use Hyperliquid or dYdX.” Gemini 3.5 Flash · DEX · comparative prompt · alternative

And against it

Verbatim evidence attached to negative labels. A warning on a product with few labels is a warning; on a product with many, it is one voice among them.

No model argued against it.

Named alongside

The products named in the same answers as Hyperliquid, over the 25 answers that named it. Took the first choice instead counts the answers where the other product was the first choice and Hyperliquid was named but was not.

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ProductSame answerTook the first choice insteadHead to head

Uniswap21 of 2511Not among the top eight

dYdX15 of 252Not among the top eight

1inch13 of 251Not among the top eight

PancakeSwap13 of 250Not among the top eight

Curve Finance12 of 250Not among the top eight

Jupiter10 of 250Not among the top eight

Balancer8 of 250Not among the top eight

Curve8 of 250Not among the top eight

GMX6 of 250Not among the top eight

Raydium6 of 250Not among the top eight

A head-to-head page exists where both products are among a category's top eight. The other rows are the same fact without a page behind them, so they link to the product instead.

What carried it into the answer

The sites and pages cited by the answers that named Hyperliquid. A fact about retrieval, not a lever on the model.

Citations exist only for the models that return a source list, five of the fourteen in this edition, so these counts come from 25 of the 25 answers that named Hyperliquid and are not a share of its labels.

Domains cited

coinbureau.com20

gate.com12

changelly.com11

chainup.com8

eco.com8

linkedin.com8

okx.com8

plisio.net8

coinspeaker.com7

cryptonews.com7

No domain is on file for Hyperliquid, so its own site is not marked.

Pages cited

coinbureau.com/analysis/best-decentralized-exchanges18

changelly.com/blog/best-decentralized-cryptocurrency-exchanges11

coinbureau.com/analysis/dex-platforms-for-advanced-traders9

gate.com/crypto-wiki/article/the-best-decentralized-exchange-top-6-dex-202602058

coinspeaker.com/guides/best-decentralized-exchanges7

cryptonews.com/cryptocurrency/best-decentralized-exchanges7

cryptopolitan.com/best-dedecentralized-exchanges7

eco.com/support/en/articles/11827084-best-dexs-in-2026-fees-volume-ranked7

Pages are listed as the models cited them.

Search and answers

Where Hyperliquid stands in Google search beside where it stands in the models' answers.

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In search

Google, US estimates

Searches for its name, Google: 74,000 a month (“hyperliquid”)
AI search demand for its name, est.: 1,147 a month
Its own site: No site of its own on file, so no site figures

In answers

This edition

Share of first choices

rank 30 of 219 in DEX

Segment leader

13%

ControlUp

First choices: 0 across its categories
Named in: 25 answers
Its own site cited: No site on file to match

Search figures are US estimates from DataForSEO, read October 5, 2026; AI search demand is its modeled, directional estimate, not a count of queries to any assistant. The answers are this edition's. Two measurements side by side: neither is read as the cause of the other.

Follow Hyperliquid

An email the morning each edition publishes: where this product moved, where it held, and by how much against the noise floor. One address, confirmed by a click; a stop link in every email.

Already following? Everything you follow, with a stop for each.

Is this your product?

Claim this page

Claiming is free and changes nothing in the data. A claimed page shows a verified contact who is told when each edition publishes and when Hyperliquid's standing changes by more than the noise floor; the right to propose corrections to the vendor table, meaning names the judge wrote that should or should not read as Hyperliquid, applied by version and listed in the change log; and a one-line description supplied by the vendor and marked as such.

What a new claim receivesHide what a new claim receives

A new claim receives the current edition's vendor brief for Hyperliquid by email, built from the raw record of the edition. It shows:

where Hyperliquid is named, by buyer and by framing, and which cells hold its first choices;
the claims the models make when they name it, ranked, with the strongest and the weakest quoted;
its vocabulary against the segment leader's, and the pages the models cited;
who was chosen in the answers that did not name Hyperliquid, and every reason the record gives;
a battlecard for each top rival: the head-to-head split, why they win, and the reservation quoted against them;
one page of published figures cleared to show a buyer.