PERP.WIKI

HyperCats vs Rage Trade

Hyperliquid ecosystem comparison · NFTs & Collectibles

Ecosystem Pick
Different Focus Areas

Quick Take

HyperCats Community-driven cat NFT collection and cultural icon of the Hyperliquid ecosystem on Multi-Layer, 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 HyperCats and Rage Trade. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

HyperCats logo

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.

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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

FeatureHyperCats logoHyperCatsRage Trade logoRage Trade
LayerMulti-LayerHyperCore
CategoryNFTs & CollectiblesDecentralized Exchanges
StatusActiveActive
Launch Year2023
Websitehypercats.xyzrage.trade
Twitter@rage_trade
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
aggregatorperpsmulti-chainRAGE

Score Comparison

HyperCatsRage Trade
Open Source
HyperCats
Not public
Rage Trade
Not public
Verified
HyperCats
Unverified
Rage Trade
Unverified
Ecosystem Breadth
HyperCats
0 tags
Rage Trade
4 tags
Maturity
HyperCats
Unknown
Rage Trade
Since 2023

Feature Matrix

FeatureHyperCats logoHyperCatsRage Trade logoRage Trade
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

HyperCats operates on Multi-Layer (spans multiple hyperliquid layers), 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

HyperCats is focused on nfts & collectibles, while Rage Trade targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

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 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

HyperCats logo

HyperCats

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

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

Which do you prefer?

Share your experience with HyperCats or Rage Trade to help others in the Hyperliquid community make better decisions.

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