Asked constantly.
Short answers to the questions people ask about Tape most. Every claim here is checkable on the site itself — nothing needs a signup to verify.
What is Tape?
Tape is a Hyperliquid data and analytics terminal at tapeperp.com. It brings together a live markets radar (funding, open interest, volume, premium), live positioning from the top wallets, a top-trader leaderboard, and AI-assisted wallet analytics — free to view with no signup — power features are Tape Pro. Tape is analytics-only: it does not place trades, route orders, or hold any keys or funds.
Is Tape free?
Yes. Tape's analytics — the markets radar, live signals, whale prints, top-trader leaderboard, and wallet analytics — are free to view with no signup. Tape Pro adds alerts, signal history, unlimited watchlists, and exports, and a metered x402 API serves the AI wallet analysis and signals to agents and developers per call in USDC.
Does Tape place trades or hold funds?
No. Tape is analytics-only and fully non-custodial. It reads public Hyperliquid data and never connects to your account, places trades, routes orders, holds keys, or has withdrawal rights.
What can I track on Tape?
Tape lets you scan every Hyperliquid perpetual by funding, open interest and volume on the Markets Radar; read rules-based setups and a long/short market consensus on Signals; watch large fills and net flow on Whale Prints; rank top traders on the Leaderboard; and open a live analytics dashboard for any wallet showing equity, leverage, open positions, distance-to-liquidation, trade history, and an AI read.
Who is Tape for?
Tape is built for active Hyperliquid perp traders, funding-rate and basis arbitrageurs, top-wallet and whale watchers, quant and prop desks that need an auditable read-only data layer, and AI-agent developers who pull live Hyperliquid data through Tape's MCP server or pay-per-call x402 API.
Can I trade on Tape?
No. Tape is read-only analytics. You execute wherever you already trade. A future Tape Wallet is on a waitlist and is not released.
Why use Tape if I already use Hyperliquid?
Tape is a pure analytics layer on top of Hyperliquid's public data — markets radar, top-wallet positioning, a top-trader leaderboard, wallet analytics with AI, and live signals, all in one screen. It does not place trades; you execute wherever you already do. It's the research terminal, not another exchange.
What exactly can Tape charge me?
Nothing, unless you opt in. The analytics surfaces are free to view with no signup. The optional paid layers are Tape Pro (alerts, signal history, unlimited watchlists, exports, a private Telegram feed) and the pay-per-call x402 API for agents, both priced in plain dollars on the pricing page.
Is there a points program or token?
No, and we're not teasing one. There is no token and no points. The paid tiers are priced in plain dollars.
Is it live?
Yes — every analytics surface is live now: the read-only terminal, markets radar, live signals, leaderboard, and wallet analytics, all from the Hyperliquid API. No wallet or signup needed. Tape does not place trades.
Still curious? support@tapeperp.com · Full disclosures & methodology · Pricing · Developers