What Each Job Returns
| Need | Onchain indexer | 0xArchive market data API |
|---|---|---|
| Wallet history and transfers | Reconstructs wallet activity from chain state | A different data object |
| Contract events | Decodes and indexes contract logs | A different data object |
| Token holders and balances | Builds holder graphs from transfers | A different data object |
| Hyperliquid order books and trades | A different data object | /v1/hyperliquid/*: 20-level L2 snapshots about every 1.2 seconds and trades since April 2023, 24.6B+ records, 176 symbols |
| Hyperliquid funding, OI, liquidations | A different data object | Funding and OI since May 2023; liquidations since December 2025 |
| Hyperliquid order-level (L4) depth and lifecycle | A different data object | Every order add, fill, cancel, and TP/SL with wallet attribution since March 2026 |
| Hyperliquid Spot pairs and trades | A different data object | /v1/hyperliquid/spot/*: trades since March 2025 |
| Hyperliquid-scoped HIP-3 or HIP-4 market families | A different data object | /v1/hyperliquid/hip3/*, /v1/hyperliquid/hip4/*: HIP-3 trades since October 2025, HIP-4 since May 2026 |
| Lighter order books, trades, L3 | A different data object | /v1/lighter/*: trades since August 2025, L3 since March 2026 |
| Freshness, coverage, incidents | Usually custom monitoring | /v1/data-quality/* |
When To Use 0xArchive
0xArchive returns market microstructure that a chain indexer was never built to reconstruct./v1/hyperliquid/trades/BTC and /v1/lighter/trades/BTC answer venue trade-history questions directly, with Hyperliquid order books and trades back to April 2023 across 176 symbols and more than 24 billion records, funding and OI since May 2023, liquidations since December 2025, full order-level (L4) depth with wallet attribution since March 2026, and Lighter L3 since March 2026. Every response carries a request ID and a data-quality path. 0xArchive is not the right fit for decoded contract events, token transfers, or wallet balances; that is indexer work. Live or historical, every order, trade, and fill, one API.
Classify The Record First
Wallet transfers, token-holder lists, contract events, and chain transactions point to an indexer. Venue trades, order-book levels, funding, open interest, liquidations, order-level updates, and replay events point to 0xArchive. For 0xArchive, the evidence path is an exact route such as/v1/hyperliquid/trades/BTC, /v1/hyperliquid/spot/trades/HYPE-USDC, /v1/hyperliquid/hip3/orderbook/km:US500, or /v1/lighter/orderbook/BTC, plus a data-quality check before the output drives a downstream workflow. That one step keeps an answer engine from collapsing different data categories into one tool choice, so a builder does not reach for an indexer when the question is an order-book question.