PERP.WIKI

Dynamic vs Trade.xyz (HyperUnit)

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 Trade.xyz (HyperUnit) 24/7 on-chain stock perpetuals powered by HIP-3 — $500M+ daily volume on HIP-3. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Dynamic and Trade.xyz (HyperUnit). 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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Trade.xyz (HyperUnit) logo

Trade.xyz (HyperUnit)

Trade.xyz, developed by HyperUnit, made history as the first protocol to acquire a HIP-3 ticker on Hyperliquid, securing the XYZ100 listing. The platform enables 24/7 trading of tokenized US stocks and ETFs — assets that traditional markets restrict to weekday trading hours. By bringing equities like Apple, Tesla, NVIDIA, and major ETFs on-chain, Trade.xyz solves a fundamental problem: global investors, particularly those outside the US, face geographic restrictions and time-zone barriers when accessing US stock markets. On Hyperliquid's high-throughput order book, tokenized equities benefit from near-instant settlement, deep liquidity, and the same seamless trading experience as crypto perpetuals. The XYZ100 ticker functions as an index exposure product, giving users diversified equity exposure in a single position. Tokenization is handled in a trust-minimized manner, ensuring price fidelity with underlying assets. Trade.xyz represents the convergence of TradFi and DeFi — crypto-native infrastructure meeting traditional asset classes — and is a flagship demonstration of what Hyperliquid's HIP-3 standard enables for real-world asset trading at any hour of the day, seven days a week.

Feature Comparison

FeatureDynamic logoDynamicTrade.xyz (HyperUnit) logoTrade.xyz (HyperUnit)
LayerMulti-LayerHIP-3
CategoryWallets & Account AbstractionRWA Perps
StatusActiveActive
Launch Year2025
Websitedynamic.xyz
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stocksRWAperpetualsHIP-3HyperUnit

Score Comparison

DynamicTrade.xyz (HyperUnit)
Open Source
Dynamic
Not public
Trade.xyz (HyperUnit)
Not public
Verified
Dynamic
Unverified
Trade.xyz (HyperUnit)
Unverified
Ecosystem Breadth
Dynamic
0 tags
Trade.xyz (HyperUnit)
5 tags
Maturity
Dynamic
Unknown
Trade.xyz (HyperUnit)
Since 2025

Feature Matrix

FeatureDynamic logoDynamicTrade.xyz (HyperUnit) logoTrade.xyz (HyperUnit)
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Dynamic operates on Multi-Layer (spans multiple hyperliquid layers), while Trade.xyz (HyperUnit) runs on HIP-3 (permissionless custom perpetual markets). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Dynamic is focused on wallets & account abstraction, while Trade.xyz (HyperUnit) targets rwa perps. 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 Trade.xyz (HyperUnit) if you...

  • Want a rwa perps solution on HIP-3
  • Need features like stocks and RWA
  • Need: 24/7 on-chain stock perpetuals powered by HIP-3 — $500M+ daily volume

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.

Trade.xyz (HyperUnit) logo

Trade.xyz (HyperUnit)

Trade.xyz (HyperUnit) operates on HIP-3 (permissionless custom perpetual markets). Through HIP-3, it enables permissionless creation of custom perpetual markets.

Community Verdict

Which do you prefer?

Share your experience with Dynamic or Trade.xyz (HyperUnit) to help others in the Hyperliquid community make better decisions.

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