PERP.WIKI

Hummingbot vs Katoshi

Hyperliquid ecosystem comparison · Trading Bots & Automation

Best for Traders
Direct Competitors

Quick Take

Hummingbot Open-source market making and trading bot framework with Hyperliquid support on HyperCore, while Katoshi AI-powered trading automation engine built exclusively for Hyperliquid on HyperCore. Both are trading bots & automation protocols on HyperCore, making them direct competitors in the Hyperliquid ecosystem.

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

Overview

Hummingbot logo

Hummingbot

Hummingbot is a leading open-source algorithmic trading framework with deep, native integration for Hyperliquid perpetual futures and spot markets. Backed by a formal partnership with the Hyperliquid Foundation, Hummingbot democratizes access to automated market-making and arbitrage strategies on one of DeFi's most liquid on-chain order books. Traders connect via API key credentials or directly through an Arbitrum wallet and private key, enabling non-custodial 24/7 bot operation with no third-party risk. The v2.12 release introduced full HIP-3 market support, unlocking algorithmic access to Hyperliquid's permissionless derivative markets for equities, RWAs, and beyond. Hummingbot's modular strategy library supports funding rate arbitrage between Hyperliquid and centralized exchanges, pure market-making on HYPE perpetuals, and vault-based liquidity provision for individual or institutional participants. Its open-source codebase — maintained by the Hummingbot Foundation and a global community of contributors — lets traders customize every parameter, backtest strategies, and deploy them with institutional-grade execution consistency. For algo traders seeking transparent, fully on-chain access to Hyperliquid's deep order book, Hummingbot is the essential infrastructure layer.

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Katoshi logo

Katoshi

Katoshi is the premier trading automation engine built exclusively for Hyperliquid, enabling traders to build, deploy, and manage algorithmic strategies with millisecond precision and zero downtime. Trusted by thousands of active traders, Katoshi abstracts the complexity of algorithmic execution into an accessible platform that requires no deep coding expertise. At its core, Katoshi offers a complete automation toolkit: receive signals from TradingView, fire webhooks and custom API triggers, or deploy fully autonomous AI trading agents that react to market conditions in real-time. The platform also supports MCP (Model Context Protocol) integrations, putting cutting-edge AI-driven execution within reach of any trader. Katoshi's deep native integration with Hyperliquid means bots can tap directly into one of crypto's fastest and most liquid on-chain order books, accessing perpetuals across hundreds of markets with minimal slippage. Whether automating a simple RSI crossover strategy or running a multi-leg algorithmic portfolio, Katoshi provides reliable infrastructure to scale it. Built from the ground up for Hyperliquid's architecture, it has become the go-to automation layer for retail traders and institutional desks operating in the ecosystem.

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Feature Comparison

FeatureHummingbot logoHummingbotKatoshi logoKatoshi
LayerHyperCoreHyperCore
CategoryTrading Bots & AutomationTrading Bots & Automation
StatusActiveActive
Launch Year20212025
Websitehummingbot.orgkatoshi.ai
Twitter@hummingbot_io@KatoshiAI
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
open-sourcemarket-makingarbitrageframework
AIautomationtrading-agentsnon-custodial

Score Comparison

HummingbotKatoshi
Open Source
Hummingbot
Not public
Katoshi
Not public
Verified
Hummingbot
Unverified
Katoshi
Unverified
Ecosystem Breadth
Hummingbot
4 tags
Katoshi
4 tags
Maturity
Hummingbot
Since 2021
Katoshi
Since 2025

Feature Matrix

FeatureHummingbot logoHummingbotKatoshi logoKatoshi
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Unique Features

Hummingbot is distinguished by: open-source, market-making, arbitrage, framework. Katoshi stands out with: AI, automation, trading-agents, non-custodial.

Market Timing

Hummingbot launched first in 2021, giving it a head start. Katoshi entered later in 2025, potentially with the benefit of learning from earlier entrants.

When to Use Each

Choose Hummingbot if you...

  • Want a trading bots & automation solution on HyperCore
  • Need features like open-source and market-making
  • Need: Open-source market making and trading bot framework with Hyperliquid support

Choose Katoshi if you...

  • Want a trading bots & automation solution on HyperCore
  • Need features like AI and automation
  • Need: AI-powered trading automation engine built exclusively for Hyperliquid

Ecosystem Integration

Hummingbot logo

Hummingbot

Hummingbot 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.

Katoshi logo

Katoshi

Katoshi 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.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

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

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