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ASXN vs Insilico Terminal

Hyperliquid ecosystem comparison · Analytics & Data

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Different Focus Areas

Quick Take

ASXN Analytics dashboards for Hyperliquid — portfolio, vaults, revenue, and whale tracking on HyperCore, while Insilico Terminal Free professional trading terminal — the first terminal on Hyperliquid on HyperCore. They serve different niches in the Hyperliquid ecosystem.

Based on public data for ASXN and Insilico Terminal. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

ASXN logo

ASXN

ASXN is a professional-grade analytics platform dedicated to the Hyperliquid ecosystem, offering deep data tooling for traders, vault managers, and researchers who need more than surface-level metrics. The platform provides comprehensive portfolio PnL tracking with historical performance breakdowns, vault analytics that surface attribution and risk metrics for Hyperliquid's on-chain vaults, and broad market data covering perpetuals, spot markets, and HyperEVM protocol activity. ASXN fills a genuine gap for serious participants: block explorers show raw data, but ASXN interprets it — translating on-chain activity into actionable intelligence. Traders can analyze their own performance over time, identify patterns in their strategy execution, and benchmark against the broader market. Vault followers gain meaningful transparency into track records and risk profiles before committing capital. Market researchers can monitor ecosystem-wide trends including liquidity distribution, notable wallet flows, and protocol health indicators. Built specifically for Hyperliquid rather than adapted from a generic multi-chain analytics framework, ASXN understands the protocol's unique architecture — the interplay between L1 perpetuals and HyperEVM — and delivers insights that general-purpose platforms simply cannot replicate.

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Insilico Terminal logo

Insilico Terminal

Insilico Terminal is a free, professional-grade trading terminal and the first purpose-built execution interface to support Hyperliquid natively. Created by veteran trader Flood, the platform delivers institutional-quality order, position, and execution management tools to retail traders at zero cost — democratizing access to tooling previously reserved for professional trading desks. The terminal provides a comprehensive suite of advanced features: multi-order management, real-time position tracking across all open markets, granular execution controls, and a clean interface optimized for speed and clarity under fast market conditions. Unlike generic exchange UIs, Insilico Terminal is designed by a trader for traders — with a workflow that mirrors professional trading environments and prioritizes execution precision above all. Being the first terminal to integrate Hyperliquid natively means Insilico users benefit from direct access to Hyperliquid's high-performance on-chain order book, including sub-second execution, deep liquidity across 100+ perpetual markets, and transparent on-chain settlement. The platform also supports multi-chain trading, extending its utility for traders who operate across ecosystems. With no subscription fees and active community-driven development, Insilico Terminal has become an essential daily tool for serious traders in the Hyperliquid ecosystem.

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Feature Comparison

FeatureASXN logoASXNInsilico Terminal logoInsilico Terminal
LayerHyperCoreHyperCore
CategoryAnalytics & DataTrading Terminals & Interfaces
StatusActiveActive
Launch Year20252024
Websitehyperliquid.asxn.xyzinsilicoterminal.com
Twitter@asxn_r@InsilicoTrading
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
analyticsportfolioPnLdashboards
terminalTradingViewhotkeysprofessional

Score Comparison

ASXNInsilico Terminal
Open Source
ASXN
Not public
Insilico Terminal
Not public
Verified
ASXN
Unverified
Insilico Terminal
Unverified
Ecosystem Breadth
ASXN
4 tags
Insilico Terminal
4 tags
Maturity
ASXN
Since 2025
Insilico Terminal
Since 2024

Feature Matrix

FeatureASXN logoASXNInsilico Terminal logoInsilico Terminal
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

ASXN is focused on analytics & data, while Insilico Terminal targets trading terminals & interfaces. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

ASXN is distinguished by: analytics, portfolio, PnL, dashboards. Insilico Terminal stands out with: terminal, TradingView, hotkeys, professional.

Market Timing

Insilico Terminal launched first in 2024, giving it a head start. ASXN entered later in 2025, potentially with the benefit of learning from earlier entrants.

When to Use Each

Choose ASXN if you...

  • Want a analytics & data solution on HyperCore
  • Need features like analytics and portfolio
  • Need: Analytics dashboards for Hyperliquid — portfolio, vaults, revenue, and whale tracking

Choose Insilico Terminal if you...

  • Want a trading terminals & interfaces solution on HyperCore
  • Need features like terminal and TradingView
  • Need: Free professional trading terminal — the first terminal on Hyperliquid

Ecosystem Integration

ASXN logo

ASXN

ASXN operates on HyperCore (native on-chain perpetual orderbook). Running on HyperCore gives it direct access to the native orderbook with minimal latency and maximum throughput.

Insilico Terminal logo

Insilico Terminal

Insilico Terminal operates on HyperCore (native on-chain perpetual orderbook). Running on HyperCore gives it direct access to the native orderbook with minimal latency and maximum throughput.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with ASXN or Insilico Terminal to help others in the Hyperliquid community make better decisions.

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