API Overview

Paragon markets are accessible via the standard Hyperliquid API. No separate API or authentication required.

Quick start: Use para:BTC.D, para:TOTAL2, or para:OTHERS as the coin parameter in any Hyperliquid API call.

Hyperliquid API

All Paragon markets use Hyperliquid's unified API infrastructure:

• REST API: Account info, order placement, position management

• WebSocket: Real-time orderbook, trades, and account updates

Full documentation: Hyperliquid API Docs

Market Identifiers

Paragon markets use the following identifiers in API calls:

Market	Symbol
Bitcoin Dominance	para:BTC.D
Total Market Cap ex-BTC	para:TOTAL2
Total Market Cap ex-Top 10	para:OTHERS

Note: The para: prefix specifies the Paragon DEX on Hyperliquid. This is required for all API calls.

Common Operations

Get Market Data

# Example: Fetch orderbook for TOTAL2
import requests

response = requests.post(
    "https://api.hyperliquid.xyz/info",
    json={"type": "l2Book", "coin": "para:TOTAL2"}
)
orderbook = response.json()

Place Order

# Example: Market buy TOTAL2
# See Hyperliquid docs for full authentication and signing details

order = {
    "coin": "para:TOTAL2",
    "is_buy": True,
    "sz": 100,  # Size in USD
    "limit_px": None,  # Market order
    "order_type": {"market": {}}
}

Get Position

response = requests.post(
    "https://api.hyperliquid.xyz/info",
    json={"type": "clearinghouseState", "user": "0x..."}
)
positions = response.json()

SDKs and Libraries

Community-maintained SDKs for Hyperliquid:

• Python: hyperliquid-python-sdk

• TypeScript: hyperliquid-ts-sdk

These SDKs work with all Hyperliquid markets including Paragon indices.

Rate Limits

Hyperliquid API rate limits apply to all markets:

• REST: 1200 requests per minute

• WebSocket: Connection limits per IP

See Hyperliquid documentation for current limits and best practices.

Index Data

For programmatic access to index values and constituent data:

• Real-time index prices available via Hyperliquid WebSocket

• Historical data available through standard market data endpoints

• Constituent weightings published periodically (see Oracles)

• Composition snapshots available via the Index Composition API

Support

For API integration support:

• Hyperliquid Discord (general API questions)

• Paragon Discord (index-specific questions)