PERP.WIKI

Hyperliquid Names vs Rage Trade

Hyperliquid ecosystem comparison · Wallets & Account Abstraction

Ecosystem Pick
Different Focus Areas

Quick Take

Hyperliquid Names .hl domain names for the Hyperliquid ecosystem on HyperEVM, while Rage Trade Multi-chain perp aggregator — 1inch for perpetuals on HyperCore. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Hyperliquid Names and Rage Trade. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Hyperliquid Names logo

Hyperliquid Names

Hyperliquid Names is an on-chain domain naming service for the Hyperliquid ecosystem, enabling users to register human-readable .hl domains that map to wallet addresses and on-chain identities. Similar to ENS on Ethereum, Hyperliquid Names solves a fundamental UX problem: cryptographic wallet addresses are long, error-prone hex strings that are nearly impossible to remember or share reliably. With a .hl domain, you can send assets to alice.hl instead of a 42-character address — dramatically improving usability and reducing the risk of costly transfer errors. Domains are registered on-chain, ensuring ownership is trustless and censorship-resistant — no central authority can revoke your name. Beyond simple address resolution, .hl domains can store metadata such as social profiles, website links, and avatar images, serving as a portable on-chain identity layer across Hyperliquid applications. As the ecosystem expands with wallets, DEXs, trading interfaces, and social apps, a unified naming layer becomes essential infrastructure for user experience. Early adopters can claim short premium names before they become scarce, and a secondary market for valuable .hl domains is already forming among ecosystem participants.

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Rage Trade logo

Rage Trade

Rage Trade is a multi-chain perpetual aggregator that transforms on-chain derivatives trading by intelligently routing orders across leading protocols including GMX, Synthetix, dYdX, Aevo, and Hyperliquid. Rather than locking traders into a single venue's liquidity and pricing, Rage Trade acts as a smart order router — comparing prices, funding rates, and available incentives in real-time to surface the optimal execution path for every trade. The protocol combines the familiar convenience of centralized exchange interfaces with the transparency and self-custody guarantees of decentralized platforms. Traders no longer need to manually monitor multiple protocols or manage accounts across different chains — Rage Trade unifies the fragmented perpetuals landscape into one seamless experience. Hyperliquid's inclusion as a core routing destination brings unmatched execution speed and capital efficiency to the aggregator. With its native token and growing DeFi integrations, Rage Trade serves both active traders seeking best execution and yield-oriented users looking to capitalize on funding rate differentials and protocol incentives across the multi-chain perpetuals market.

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Feature Comparison

FeatureHyperliquid Names logoHyperliquid NamesRage Trade logoRage Trade
LayerHyperEVMHyperCore
CategoryWallets & Account AbstractionDecentralized Exchanges
StatusActiveActive
Launch Year20252023
Websitehlnames.xyzrage.trade
Twitter@hlnames@rage_trade
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
domainsidentitynamingENS-style
aggregatorperpsmulti-chainRAGE

Score Comparison

Hyperliquid NamesRage Trade
Open Source
Hyperliquid Names
Not public
Rage Trade
Not public
Verified
Hyperliquid Names
Unverified
Rage Trade
Unverified
Ecosystem Breadth
Hyperliquid Names
4 tags
Rage Trade
4 tags
Maturity
Hyperliquid Names
Since 2025
Rage Trade
Since 2023

Feature Matrix

FeatureHyperliquid Names logoHyperliquid NamesRage Trade logoRage Trade
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Hyperliquid Names operates on HyperEVM (evm smart contracts on hyperliquid l1), while Rage Trade runs on HyperCore (native on-chain perpetual orderbook). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Hyperliquid Names is focused on wallets & account abstraction, while Rage Trade targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

Hyperliquid Names is distinguished by: domains, identity, naming, ENS-style. Rage Trade stands out with: aggregator, perps, multi-chain, RAGE.

Market Timing

Rage Trade launched first in 2023, giving it a head start. Hyperliquid Names entered later in 2025, potentially with the benefit of learning from earlier entrants.

When to Use Each

Choose Hyperliquid Names if you...

  • Want a wallets & account abstraction solution on HyperEVM
  • Need features like domains and identity
  • Need: .hl domain names for the Hyperliquid ecosystem

Choose Rage Trade if you...

  • Want a decentralized exchanges solution on HyperCore
  • Need features like aggregator and perps
  • Need: Multi-chain perp aggregator — 1inch for perpetuals

Ecosystem Integration

Hyperliquid Names logo

Hyperliquid Names

Hyperliquid Names operates on HyperEVM (evm smart contracts on hyperliquid l1). As a HyperEVM protocol, it can compose with other EVM-based DeFi primitives and leverage smart contract flexibility.

Rage Trade logo

Rage Trade

Rage Trade 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

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