PERP.WIKI

Coinpilot vs GammaSwap

Hyperliquid ecosystem comparison · Trading Bots & Automation

Best for Traders
Different Focus Areas

Quick Take

Coinpilot AI-powered copy trading app — mirror top Hyperliquid traders on HyperCore, while GammaSwap Volatility trading protocol enabling long/short vol positions on HyperEVM LP pools on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Coinpilot logo

Coinpilot

Coinpilot is an AI-powered copy trading application for iOS and Android that lets anyone mirror the on-chain positions of Hyperliquid's top-performing traders with a single tap. By identifying the top 0.01% of traders based on profitability, win rate, and risk-adjusted returns, Coinpilot eliminates the steep learning curve of active crypto trading and makes sophisticated market exposure accessible to beginners and busy professionals alike. The app features a clean, beginner-friendly interface that abstracts away the complexity of perpetuals trading — users simply browse curated trader profiles, review their verified track records, and connect their Hyperliquid wallet to begin automatically mirroring trades in real-time. Position sizing, leverage, and risk parameters can all be customized to match individual risk preferences. Coinpilot leverages Hyperliquid's fully on-chain, transparent order book, giving users verifiable insight into every position their chosen trader holds. There's no black-box fund structure or lock-up period — funds remain in the user's own wallet at all times. As Hyperliquid grows into the dominant decentralized perp exchange, Coinpilot serves as the ecosystem's social trading layer, democratizing access to elite trading performance for the broader crypto community.

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GammaSwap logo

GammaSwap

GammaSwap is an innovative decentralized derivatives protocol that enables trading of volatility by allowing users to borrow LP positions from AMM liquidity pools, creating a market for going long or short on implied volatility without needing a traditional options exchange or order book. It is one of the most technically novel volatility products in DeFi, built for sophisticated traders who want directional exposure to price swings rather than just price direction. The core mechanism works by enabling traders to borrow Uniswap v3-compatible LP tokens from liquidity pools and pay a continuous borrow rate equal to the impermanent loss accrued by the LP position. This creates an elegant two-sided market: liquidity providers earn borrow fees that compensate them for IL risk, while volatility traders gain convex exposure to price movement. When assets move significantly in either direction, borrowed LP positions gain value relative to the borrow cost, effectively giving the trader a long-gamma position. For LPs seeking to hedge their impermanent loss exposure on HyperEVM AMMs, GammaSwap provides a natural counterparty. A liquidity provider who is short gamma can take an offsetting long-gamma position through GammaSwap, dramatically reducing the directional risk of market-making in volatile assets. This opens up AMM liquidity provision to a wider class of market participants who previously avoided it due to IL risk. GammaSwap operates without external price oracles as it derives all pricing purely from on-chain LP data and pool reserves, making it manipulation-resistant and fully permissionless. Any token pair with sufficient on-chain AMM liquidity can have a GammaSwap market created for it, enabling a long tail of volatility markets across HyperEVM assets. On HyperEVM, GammaSwap integrates with Uniswap v3-compatible concentrated liquidity DEXes to offer volatility products on Hyperliquid spot assets, complementing the perpetuals market with a new layer of derivatives exposure. The protocol is designed for quant traders, volatility arbitrageurs, and sophisticated DeFi participants who understand options greeks and want to express volatility views on-chain. GammaSwap has been audited and is backed by leading DeFi investors. Its novel approach to permissionless volatility trading positions it as a foundational primitive for the next generation of on-chain derivatives.

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Feature Comparison

FeatureCoinpilot logoCoinpilotGammaSwap logoGammaSwap
LayerHyperCoreMulti-Layer
CategoryTrading Bots & AutomationDecentralized Exchanges
StatusActiveActive
Launch Year2025
Websitetrycoinpilot.comgammaswap.com
Twitter@trycoinpilot
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
copy-tradingAImobileautomation

Score Comparison

CoinpilotGammaSwap
Open Source
Coinpilot
Not public
GammaSwap
Not public
Verified
Coinpilot
Unverified
GammaSwap
Unverified
Ecosystem Breadth
Coinpilot
4 tags
GammaSwap
0 tags
Maturity
Coinpilot
Since 2025
GammaSwap
Unknown

Feature Matrix

FeatureCoinpilot logoCoinpilotGammaSwap logoGammaSwap
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

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

Category Focus

Coinpilot is focused on trading bots & automation, while GammaSwap targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Coinpilot if you...

  • Want a trading bots & automation solution on HyperCore
  • Need features like copy-trading and AI
  • Need: AI-powered copy trading app — mirror top Hyperliquid traders

Choose GammaSwap if you...

  • Want a decentralized exchanges solution on Multi-Layer
  • Need: Volatility trading protocol enabling long/short vol positions on HyperEVM LP pools

Ecosystem Integration

Coinpilot logo

Coinpilot

Coinpilot 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.

GammaSwap logo

GammaSwap

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

Community Verdict

Which do you prefer?

Share your experience with Coinpilot or GammaSwap to help others in the Hyperliquid community make better decisions.

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