PERP.WIKI

HyperIndex vs Passivbot

Hyperliquid ecosystem comparison · Data APIs

Best for Research
Different Focus Areas

Quick Take

HyperIndex Open data API and indexer for Hyperliquid on-chain data on Multi-Layer, while Passivbot Open-source grid trading bot with native Hyperliquid perpetuals support on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

HyperIndex logo

HyperIndex

HyperIndex is a dedicated data infrastructure layer for the Hyperliquid blockchain, providing comprehensive indexing, querying, and API services tailored to the ecosystem's unique architecture. As Hyperliquid operates its own high-performance L1, developers and analysts face challenges accessing historical on-chain data, user activity, and protocol metrics in real time. HyperIndex solves this by maintaining indexed archives of Hyperliquid's order book events, trade history, liquidations, vault activity, and HyperEVM transactions — exposing this data through clean REST and WebSocket APIs. Whether you're building a portfolio tracker, analytics dashboard, trading bot, or DeFi protocol, HyperIndex provides the data backbone that makes it possible. The service supports complex queries — filtering trades by asset, user, or time window — without requiring developers to run their own archive nodes. By abstracting the complexity of raw blockchain data, HyperIndex accelerates ecosystem development and lowers the barrier to building on Hyperliquid. It functions as the ecosystem's equivalent of The Graph or Dune Analytics, purpose-built for Hyperliquid's specific data model and performance characteristics.

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Passivbot

Passivbot is a popular open-source cryptocurrency trading bot with native Hyperliquid support, implementing recursive grid-trading and DCA (dollar-cost averaging) strategies for perpetual futures markets. Written in Python with a strong community following, Passivbot allows traders to run fully automated grid strategies on Hyperliquid's perp markets without relying on centralized exchange APIs. The bot continuously places limit orders in a dynamic grid around the current price, capturing bid-ask spreads and mean-reversion moves. Passivbot includes an advanced backtesting engine and optimization framework that uses evolutionary algorithms to tune strategy parameters across historical data. With active maintenance, extensive documentation, and a dedicated Discord community, Passivbot has become one of the most trusted open-source tools for automated Hyperliquid trading. Its transparent, auditable codebase makes it particularly appealing to traders who are wary of closed-source bot solutions.

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Feature Comparison

FeatureHyperIndex logoHyperIndexPassivbot
LayerMulti-LayerMulti-Layer
CategoryData APIsTrading Bots & Automation
StatusActiveActive
Launch Year2025
Websitehyperindex.xyzgithub.com
Twitter@hyperindex_xyz
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
indexerAPIdataGraphQL

Score Comparison

HyperIndexPassivbot
Open Source
HyperIndex
Not public
Passivbot
Not public
Verified
HyperIndex
Unverified
Passivbot
Unverified
Ecosystem Breadth
HyperIndex
4 tags
Passivbot
0 tags
Maturity
HyperIndex
Since 2025
Passivbot
Unknown

Feature Matrix

FeatureHyperIndex logoHyperIndexPassivbot
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

HyperIndex is focused on data apis, while Passivbot targets trading bots & automation. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose HyperIndex if you...

  • Want a data apis solution on Multi-Layer
  • Need features like indexer and API
  • Need: Open data API and indexer for Hyperliquid on-chain data

Choose Passivbot if you...

  • Want a trading bots & automation solution on Multi-Layer
  • Need: Open-source grid trading bot with native Hyperliquid perpetuals support

Ecosystem Integration

HyperIndex logo

HyperIndex

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

Passivbot

Passivbot 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 HyperIndex or Passivbot to help others in the Hyperliquid community make better decisions.

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