PERP.WIKI

Gamma Strategies vs The Graph

Hyperliquid ecosystem comparison · Yield & Vaults

Best for Yield
Different Focus Areas

Quick Take

Gamma Strategies Active concentrated liquidity management for HyperEVM AMMs on Multi-Layer, while The Graph Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Gamma Strategies and The Graph. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Gamma Strategies

Gamma Strategies is an active liquidity management protocol for concentrated liquidity AMMs, automating the complex position management required by Uniswap v3-style pools. By continuously rebalancing LP positions within optimal price ranges, Gamma maximizes fee revenue while minimizing impermanent loss compared to passive LPing. On HyperEVM, where new AMMs with concentrated liquidity mechanics are launching, Gamma provides vault-based LP management that removes the technical burden from retail liquidity providers. Users simply deposit token pairs into Gamma vaults and receive automatically managed LP positions. With support for both symmetric and asymmetric liquidity strategies, Gamma is the go-to solution for sophisticated LP management on HyperEVM DEXes. Its passive income model makes DeFi liquidity provision accessible to users who want exposure to trading fee yields without the constant active management that concentrated liquidity pools require.

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The Graph logo

The Graph

The Graph is the decentralized indexing protocol for blockchain data, enabling HyperEVM developers to build and deploy Subgraphs—open APIs that index, transform, and serve on-chain data via GraphQL. Rather than building custom indexing infrastructure, HyperEVM protocol teams can define their data schema and indexing logic in a Subgraph manifest, and The Graph's decentralized network of Indexers handles the computation and data serving. This dramatically accelerates frontend development for Hyperliquid DeFi dApps that need historical and real-time on-chain data without running centralized backend infrastructure. Subgraph data is trustless and cryptographically verifiable, making it appropriate for decentralized applications that want to maintain censorship-resistance. The Graph's GRT token incentivizes high-quality, reliable data indexing, ensuring HyperEVM Subgraphs remain continuously available and accurate for users and developers building on Hyperliquid's smart contract ecosystem.

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Feature Comparison

FeatureGamma StrategiesThe Graph logoThe Graph
LayerMulti-LayerMulti-Layer
CategoryYield & VaultsData APIs
StatusActiveActive
Launch Year
Websitegamma.xyzthegraph.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

Gamma StrategiesThe Graph
Open Source
Gamma Strategies
Not public
The Graph
Not public
Verified
Gamma Strategies
Unverified
The Graph
Unverified
Ecosystem Breadth
Gamma Strategies
0 tags
The Graph
0 tags
Maturity
Gamma Strategies
Unknown
The Graph
Unknown

Feature Matrix

FeatureGamma StrategiesThe Graph logoThe Graph
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Gamma Strategies is focused on yield & vaults, while The Graph targets data apis. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Gamma Strategies if you...

  • Want a yield & vaults solution on Multi-Layer
  • Need: Active concentrated liquidity management for HyperEVM AMMs

Choose The Graph if you...

  • Want a data apis solution on Multi-Layer
  • Need: Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts

Ecosystem Integration

Gamma Strategies

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

The Graph logo

The Graph

The Graph 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 Gamma Strategies or The Graph to help others in the Hyperliquid community make better decisions.

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