PERP.WIKI

Dynamic vs Thetanuts Finance

Hyperliquid ecosystem comparison · Wallets & Account Abstraction

Ecosystem Pick
Different Focus Areas

Quick Take

Dynamic Developer-friendly wallet and auth SDK enabling smooth HyperEVM dApp onboarding on Multi-Layer, while Thetanuts Finance Structured options vaults for yield generation on Hyperliquid assets on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Dynamic logo

Dynamic

Dynamic is a powerful wallet and authentication infrastructure platform enabling Web3 developers building on HyperEVM to add multi-wallet login, embedded wallets, and progressive onboarding flows to their applications. Dynamic's SDK supports 300+ wallets including MetaMask, Coinbase Wallet, and social login via Google and email, letting users connect to HyperEVM dApps via their preferred authentication method. Its embedded wallet feature provisions non-custodial wallets on behalf of users who do not have an existing wallet, seamlessly bridging the gap between Web2 and Web3 onboarding. For HyperEVM applications targeting both crypto-native and mainstream audiences, Dynamic provides a flexible, developer-friendly SDK with built-in user management, passkey support, and multi-chain session handling—reducing weeks of auth development to hours. Dynamic is trusted by hundreds of Web3 projects globally and is a natural choice for ambitious HyperEVM applications.

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Thetanuts Finance logo

Thetanuts Finance

Thetanuts Finance is a decentralized structured products platform offering options vaults that allow DeFi users to earn yield through covered calls and cash-secured puts. Unlike complex options protocols requiring active management, Thetanuts automates option-writing strategies via weekly vault cycles—depositors simply supply assets and earn premiums from writing options against their holdings. On HyperEVM, Thetanuts brings institutional-grade options strategies to retail Hyperliquid users, letting HYPE and stablecoin holders earn enhanced yield on otherwise idle assets. Its Basic Vaults cover major crypto assets while Strong Vaults offer higher yields for more volatile positions. Thetanuts uses Hyperliquid's deep perpetuals liquidity as the hedge layer for its options vaults, creating a unique integration between structured products and the underlying Hyperliquid derivatives market. As the Hyperliquid ecosystem matures toward a full financial stack, Thetanuts fills a critical gap in the options and structured products layer.

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Feature Comparison

FeatureDynamic logoDynamicThetanuts Finance logoThetanuts Finance
LayerMulti-LayerMulti-Layer
CategoryWallets & Account AbstractionDecentralized Exchanges
StatusActiveActive
Launch Year
Websitedynamic.xyzthetanuts.finance
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

DynamicThetanuts Finance
Open Source
Dynamic
Not public
Thetanuts Finance
Not public
Verified
Dynamic
Unverified
Thetanuts Finance
Unverified
Ecosystem Breadth
Dynamic
0 tags
Thetanuts Finance
0 tags
Maturity
Dynamic
Unknown
Thetanuts Finance
Unknown

Feature Matrix

FeatureDynamic logoDynamicThetanuts Finance logoThetanuts Finance
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Dynamic is focused on wallets & account abstraction, while Thetanuts Finance targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Dynamic if you...

  • Want a wallets & account abstraction solution on Multi-Layer
  • Need: Developer-friendly wallet and auth SDK enabling smooth HyperEVM dApp onboarding

Choose Thetanuts Finance if you...

  • Want a decentralized exchanges solution on Multi-Layer
  • Need: Structured options vaults for yield generation on Hyperliquid assets

Ecosystem Integration

Dynamic logo

Dynamic

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

Thetanuts Finance logo

Thetanuts Finance

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

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with Dynamic or Thetanuts Finance to help others in the Hyperliquid community make better decisions.

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