Hyperliquid vs Uniswap
Different architectures: Hyperliquid runs on-chain order book (CLOB), Uniswap AMM — execution, slippage and UX all change. On liquidity Uniswap dominates: $4.5B TVL vs $2.8B. Only Hyperliquid offers perpetuals. On a DEX, liquidity IS the product: features being equal, pick where slippage on your size is lower.
| Hyperliquid | Uniswap | |
|---|---|---|
| Tier | S | S |
| Rating | ★ 5.0 | ★ 4.9 |
| Liquidity model | CLOB | AMM |
| Maker / Taker fee | 0% / 0.02% | 0.05% / 1% |
| Markets | Spot + Perp | Spot |
| Supported chains | Hyperliquid L1 (appchain) | Ethereum, Optimism, Arbitrum, Base, Polygon, BSC, Avalanche, Celo, ZkSync |
| TVL (as of Jun 13) | $2.8B | $4.5B |
| 24h volume | $12B | $1.28B |
| Native token | HYPE | UNI |
| Fund custody | Non-custodial (funds in your wallet) | Non-custodial (funds in your wallet) |
| Supported wallets | MetaMask, Rabby, WalletConnect, Coinbase Wallet | Uniswap Wallet, MetaMask, Coinbase Wallet, Trust Wallet, WalletConnect |
| Audits | Zellic — Hyperliquid bridge contract, initial security assessment (14 ago 2023) e patch review (27 nov 2023) | OpenZeppelin, Trail of Bits, Spearbit, Certora, ABDK, Pashov Audit Group |
| Governance | DAO + HYPE token (staking + governance) | DAO + UNI token |
| 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) |
Frequently asked questions
Hyperliquid vs Uniswap: which is better?
Different architectures: Hyperliquid runs on-chain order book (CLOB), Uniswap AMM — execution, slippage and UX all change. On liquidity Uniswap dominates: $4.5B TVL vs $2.8B. Only Hyperliquid offers perpetuals. 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 Uniswap is self-custody.