Case Study - Professional trading journal for Hyperliquid perpetuals

Overview

PerpLog is a professional-grade trading journal specifically designed for traders on Hyperliquid, the leading decentralized perpetual futures exchange. The platform combines automated trade imports with powerful analytics to help traders improve their performance through data-driven insights.

Unlike generic trading journals, PerpLog understands the unique characteristics of perpetual futures trading on Hyperliquid, including leverage, funding rates, and liquidation mechanics.

What we built

Key Features

Automated Trade Import

Direct integration with Hyperliquid API for seamless trade synchronization:

• One-click wallet connection
• Automatic historical trade import
• Real-time trade updates
• Support for all perpetual pairs

Advanced Analytics Dashboard

Comprehensive performance metrics and visualizations:

• P&L tracking (daily, weekly, monthly)
• Win rate and risk-reward analysis
• Drawdown monitoring
• Performance by asset and timeframe

Trade Journaling

Detailed logging capabilities for every trade:

• Entry and exit rationale
• Strategy tagging
• Screenshot attachments
• Emotion and confidence tracking

Pattern Recognition

Identify winning and losing patterns:

• Best performing trading hours
• Most profitable assets
• Optimal position sizing
• Strategy performance comparison

Risk Management Tools

Built-in risk analysis features:

• Maximum drawdown alerts
• Position size calculator
• Risk per trade tracking
• Portfolio heat map

Technology Stack

Frontend:

• Next.js for server-side rendering and optimal performance
• React with TypeScript for type-safe development
• Tailwind CSS for responsive, modern UI
• Chart.js for interactive data visualizations

Backend & Infrastructure:

• Firebase for authentication and database
• Hyperliquid API integration for trade data
• Cloud Functions for automated syncing
• Real-time data processing

Web3 Integration:

• Wallet connection (MetaMask, WalletConnect)
• On-chain data verification
• Secure API key management

Why PerpLog?

Hyperliquid has emerged as the leading decentralized perpetual exchange, but traders lacked a dedicated journaling solution that understood the platform's unique mechanics. PerpLog fills this gap by providing:

• Native Hyperliquid support: Built specifically for Hyperliquid's perpetual contracts
• DeFi-first approach: Wallet-based authentication, no email required
• Trader-centric design: Features designed by traders, for traders
• Privacy focused: Your trading data stays yours

Results

PerpLog helps traders transform their raw trading history into actionable insights, enabling data-driven decision making and continuous improvement of trading strategies.