{"uid":"cap_9wxHPhbzxjm57ErMKk9wu","slug":"dripmetrics-ai-hyperliquid-beta-endpoint-4804b532","name":"DripMetrics AI – Hyperliquid Beta Endpoint","description":"DripMetricsAI (https://dripmetrics.ai/) provides on-demand crypto market microstructure metrics, Hyperliquid candle metrics, Polymarket diagnostics, and on-chain DefiLlama metrics for agents, dashboards, and trading workflows.","url":"https://api.dripmetrics.ai/hyperliquid/beta","method":"POST","headers":{},"bodySchema":null,"responseSchema":{"type":"json","example":{"pair":"xyz:SPCX","value":1.184213,"metric":"beta","source":{"candles":"https://api.hyperliquid.xyz/info"},"window":"1h","interval":"1m","benchmark":"xyz:SP500","components":{"rSquared":0.412573,"covariance":1.2314e-8,"sampleType":"aligned_1m_candles","correlation":0.642318,"observations":58,"commonCandles":59,"targetMeanReturn":0.00004218,"benchmarkVariance":1.0398e-8,"benchmarkMeanReturn":0.00003527},"computedAt":"2026-05-29T16:00:00.000Z","sampleSize":{"candles":60,"benchmarkCandles":60},"lastCandleTime":"2026-05-29T15:59:59.999Z","firstCandleTime":"2026-05-29T15:00:00.000Z"}},"example":null,"exampleRequest":null,"tags":["x402"],"displayCostAmount":"0.05","displayCostAsset":"USDC","priceDynamic":false,"priceHint":null,"priceStatus":"priced","priceSource":"registry","requiresHandshake":false,"reviewCount":0,"rating":{"score":"0.00","successRate":"0.00","reviews":0,"stars":null,"state":"unrated"},"availabilityStatus":"unknown","priceObserved":null,"sessionDeposit":null,"pricing":{"kind":"static","summary":"$0.05/call","primary":{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"},"accepted":[{"kind":"static","protocol":"x402","network":"base","amountUsd":"0.05","per":"call","confidence":"exact"}]},"paymentMethods":[{"uid":"pm_Gu5LbURsSlzxmmx9JlqtT","protocol":"x402","methodType":"crypto","chain":"base","mode":"charge","costAmount":"0.05","costPer":"request","priority":0,"asset":null,"unit":"request","depositMicros":null,"planRef":null}],"brandName":null,"brandSlug":null,"brandBaseUrl":null,"brandDocsUrl":null,"whatItDoes":"Computes beta coefficient of a Hyperliquid trading pair against a benchmark (e.g. SP500) using aligned 1-minute candle data over a specified window","exampleAgentPrompt":"What's the beta of xyz:SPCX against SP500 on Hyperliquid over the last hour using 1-minute candles? I want to know how correlated it is and get the r-squared and covariance breakdown too.","exampleUseCases":[{"title":"Systematic risk check before a trade","prompt":"Before I open a position on SPCX on Hyperliquid, can you compute its beta against SP500 over the last hour with 1-minute candles and tell me how strongly it's moving with the market?"},{"title":"Portfolio beta monitoring dashboard","prompt":"I need the current beta, correlation, and r-squared for xyz:SPCX versus SP500 using the last 1-hour window of Hyperliquid 1-minute candles — pull this fresh so I can update my risk dashboard."},{"title":"Quantitative research on perp co-movement","prompt":"For my quant research, calculate the beta and covariance of xyz:SPCX against xyz:SP500 on Hyperliquid over a 1-hour window at 1-minute resolution, and include how many aligned candles were used in the calculation."}],"resultDescription":"Returns a JSON object with the computed beta value, R-squared, covariance, correlation, observation count, target and benchmark mean returns, benchmark variance, sample type, computation timestamp, window/interval metadata, and first/last candle timestamps — all derived from aligned 1-minute Hyperliquid candles.","failureModes":["Insufficient overlapping candles between pair and benchmark returns an error or low observation count","Invalid or unsupported trading pair symbol results in a 4xx error","Benchmark symbol not recognized causes computation failure","Short time window yields statistically unreliable beta with very few observations","Service unavailability from Hyperliquid upstream candle source causes failure"],"whenToPreferThis":"Choose this endpoint when you need real-time beta computation specifically for Hyperliquid perpetual pairs against a benchmark index, with full statistical decomposition (R-squared, covariance, correlation). Prefer it over generic finance APIs when you need Hyperliquid-native candle data aligned at 1-minute resolution and want on-demand pay-per-call pricing via x402 rather than a subscription.","instructions":null,"reviewSummary":null,"reviewSummaryHighlights":null,"reviewSummaryConcerns":null,"reviewSummaryGeneratedAt":null,"activationCount":0,"lastUsedAt":null,"lastSuccessfullyRanAt":null,"lastHealthCheckAt":"2026-09-14T18:50:46.946Z","isFirstParty":false}