PERP.WIKI

Chaos Labs vs ASXN

Hyperliquid ecosystem comparison · Analytics & Data

Best for Research
Cross-Layer Alternatives

Quick Take

Chaos Labs DeFi risk analytics and parameter optimization for Hyperliquid ecosystem protocols on Multi-Layer, while ASXN Analytics dashboards for Hyperliquid — portfolio, vaults, revenue, and whale tracking on HyperCore. Both compete in the analytics & data space but operate on different layers, which affects their capabilities and composability.

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

Overview

Chaos Labs logo

Chaos Labs

Chaos Labs is a DeFi risk analytics and parameter optimization platform that uses agent-based simulations and quantitative modeling to help protocols manage risk and optimize capital efficiency. Working with major lending protocols, DEXes, and perpetuals markets including projects built on Hyperliquid, Chaos Labs provides data-driven recommendations for collateral factors, liquidation thresholds, and interest rate curves. Its economic security monitoring continuously stress-tests protocol parameters against simulated market scenarios including flash crashes and liquidity crises, alerting teams to potential vulnerabilities before they become exploits. For Hyperliquid ecosystem protocols handling significant TVL, Chaos Labs provides the rigorous quantitative framework necessary to safely scale while maintaining robust risk management. The platform's real-time dashboards give protocol teams and governance participants clear visibility into current risk exposure across all market conditions.

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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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Feature Comparison

FeatureChaos Labs logoChaos LabsASXN logoASXN
LayerMulti-LayerHyperCore
CategoryAnalytics & DataAnalytics & Data
StatusActiveActive
Launch Year2025
Websitechaoslabs.xyzhyperliquid.asxn.xyz
Twitter@asxn_r
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
analyticsportfolioPnLdashboards

Score Comparison

Chaos LabsASXN
Open Source
Chaos Labs
Not public
ASXN
Not public
Verified
Chaos Labs
Unverified
ASXN
Unverified
Ecosystem Breadth
Chaos Labs
0 tags
ASXN
4 tags
Maturity
Chaos Labs
Unknown
ASXN
Since 2025

Feature Matrix

FeatureChaos Labs logoChaos LabsASXN logoASXN
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Chaos Labs operates on Multi-Layer (spans multiple hyperliquid layers), while ASXN runs on HyperCore (native on-chain perpetual orderbook). This affects composability, transaction speed, and the types of integrations each protocol supports.

When to Use Each

Choose Chaos Labs if you...

  • Want a analytics & data solution on Multi-Layer
  • Need: DeFi risk analytics and parameter optimization for Hyperliquid ecosystem protocols

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

Ecosystem Integration

Chaos Labs logo

Chaos Labs

Chaos Labs operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.

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.

Community Verdict

Which do you prefer?

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

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