Hyperliquid vs Jupiter (DEX Aggregator)

Different architectures: Hyperliquid runs on-chain order book (CLOB), Jupiter (DEX Aggregator) hybrid model — execution, slippage and UX all change. On a DEX, liquidity IS the product: features being equal, pick where slippage on your size is lower.

Hyperliquid Jupiter (DEX Aggregator)
Tier S S
Rating ★ 5.0 ★ 4.8
Liquidity model CLOB Hybrid
Maker / Taker fee 0% / 0.02% 0% / 0%
Markets Spot + Perp Spot + Perp
Supported chains Hyperliquid L1 (appchain) Solana
TVL (as of Jun 13) $2.8B $2.8B
24h volume $12B $500M
Native token HYPE JUP
Fund custody Non-custodial (funds in your wallet) Non-custodial (funds in your wallet)
Supported wallets MetaMask, Rabby, WalletConnect, Coinbase Wallet Phantom, Solflare, Backpack, Ledger, Jupiter Mobile
Audits Zellic — Hyperliquid bridge contract, initial security assessment (14 ago 2023) e patch review (27 nov 2023) Offside Labs (Swap v6, Perpetuals, Lend, Limit Order v2, DAO), OtterSec (Perpetuals, Lend, Lock), Sec3 (Swap v3, Perpetuals, Lock), Mixbytes (Lend Vault), Zenith (Lend)
Governance DAO + HYPE token (staking + governance) DAO + JUP token (governance paused in 2025, resumed 2026)
KYC Full Full
Supported countries US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries US, EEA, APAC, LATAM, MENA, AFRICA · 200+ countries
Regulator None None
Segment B2C B2C
Regions US, EU/EEA, APAC, LATAM, MENA, Africa US, EU/EEA, APAC, LATAM, MENA, Africa
Licences & safety None (decentralized protocol) None (decentralized protocol)
Hyperliquid 5.0/5 · Tier S
Jupiter (DEX Aggregator) 4.8/5 · Tier S

Frequently asked questions

Hyperliquid vs Jupiter (DEX Aggregator): which is better?

Different architectures: Hyperliquid runs on-chain order book (CLOB), Jupiter (DEX Aggregator) hybrid model — execution, slippage and UX all change. On a DEX, liquidity IS the product: features being equal, pick where slippage on your size is lower.

Is Hyperliquid custodial or self-custody?

Hyperliquid is self-custody: you keep the keys, while Jupiter (DEX Aggregator) is self-custody.