HyperCats vs Purrswap

HyperCats

HyperCats is a community-driven NFT collection native to the Hyperliquid ecosystem, featuring unique cat-themed profile pictures that have become cultural touchstones for the Hyperliquid community. Launched on Hyperliquid's native spot market infrastructure using HIP-1 and HIP-2 token standards, HyperCats pioneered the native NFT experience on Hyperliquid before HyperEVM's full deployment. Holders of HyperCats NFTs gain access to exclusive community channels, early access to Hyperliquid ecosystem project launches, and governance participation in community initiatives. The project embodies the playful, community-first culture that has emerged around Hyperliquid, where meme tokens and collectibles coexist with serious DeFi infrastructure. HyperCats has become a symbol of Hyperliquid's vibrant grassroots community and serves as a gateway NFT for newcomers entering the ecosystem, representing the cultural identity of the Hyperliquid community beyond pure financial products.

Purrswap

Purrswap is a native DEX on HyperEVM, incubated by Abracadabra DAO and built on a licensed implementation of MIMswap's Proactive Market Maker (PMM) algorithm. Unlike traditional constant-product AMMs, PMM actively adjusts its price curve based on external reference prices, concentrating liquidity near the current market price and dramatically reducing slippage for both stablecoin and volatile-asset trading pairs. Purrswap inherits Abracadabra DAO's deep DeFi expertise — the team behind the MIM stablecoin and the original MIMswap protocol on Ethereum — bringing battle-tested, audited smart contract architecture to the Hyperliquid ecosystem. By deploying natively on HyperEVM, Purrswap benefits from Hyperliquid's high-throughput EVM execution environment, low transaction fees, and tight integration with the broader Hyperliquid DeFi stack including HyperCore's perpetual order book. The PMM model makes Purrswap particularly capital-efficient for stablecoin swaps and correlated-asset pairs where tight spreads and minimal impermanent loss are critical for LPs. As a community-aligned project incubated by one of DeFi's most recognized DAOs, Purrswap represents a meaningful bridge between the established Abracadabra ecosystem and Hyperliquid's rapidly growing on-chain economy.

Choose HyperCats if you...

• ✓Want a nfts & collectibles solution on Multi-Layer
• ✓Need: Community-driven cat NFT collection and cultural icon of the Hyperliquid ecosystem

Choose Purrswap if you...

• ✓Want a decentralized exchanges solution on HyperEVM
• ✓Need features like stableswap and Abracadabra
• ✓Need: First stableswap on HyperEVM — powered by Abracadabra's MIMswap