HyperLaunch vs Purrswap
Hyperliquid ecosystem comparison · NFTs & Collectibles
Ecosystem PickQuick Take
HyperLaunch Permissionless NFT and token launchpad native to the HyperEVM ecosystem on Multi-Layer, while Purrswap First stableswap on HyperEVM — powered by Abracadabra's MIMswap on HyperEVM. They serve different niches in the Hyperliquid ecosystem.
Based on public data for HyperLaunch and Purrswap. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.
HyperLaunch
Multi-LayerPermissionless NFT and token launchpad native to the HyperEVM ecosystem
hyperlaunch.xyz
Purrswap
HyperEVMFirst stableswap on HyperEVM — powered by Abracadabra's MIMswap
purrswap.xyzOverview
HyperLaunch
HyperLaunch is a permissionless NFT and token launchpad native to the HyperEVM ecosystem, enabling projects to launch collections, conduct fair sales, and build communities directly on Hyperliquid's blockchain. HyperLaunch's launchpad framework supports multiple sale mechanisms including Dutch auctions, whitelist mints, and bonding curve launches—giving project teams flexibility in how they distribute tokens and NFTs to their communities. Integrated with Hyperliquid's native spot order books, HyperLaunch-launched NFTs and tokens can immediately begin trading on Hyperliquid's market infrastructure without needing additional DEX listings. The platform's built-in royalty enforcement and creator royalty splits ensure sustainable economics for HyperEVM creative projects. As Hyperliquid's NFT ecosystem matures, HyperLaunch serves as the primary infrastructure for bootstrapping new community projects and token launches within the Hyperliquid universe, lowering barriers for builders to access the ecosystem's growing user base.
Visit websitePurrswap
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.
Visit websiteFeature Comparison
| Feature | ||
|---|---|---|
| Layer | Multi-Layer | HyperEVM |
| Category | NFTs & Collectibles | Decentralized Exchanges |
| Status | Active | Upcoming |
| Launch Year | — | 2025 |
| Website | hyperlaunch.xyz | purrswap.xyz |
| — | @PurrSwap_ | |
| GitHub | Not public | Not public |
| Verified | Unverified | Unverified |
| Tags | — | stableswapAbracadabraMIMswap |
Score Comparison
Feature Matrix
| Feature | ||
|---|---|---|
| Open Source | ✗ | ✗ |
| Verified | ✗ | ✗ |
| Has Website | ✓ | ✓ |
| Has Twitter | ✗ | ✓ |
| Has GitHub | ✗ | ✗ |
| Active Status | ✓ | ✗ |
Key Differences
Layer Architecture
HyperLaunch operates on Multi-Layer (spans multiple hyperliquid layers), while Purrswap runs on HyperEVM (evm smart contracts on hyperliquid l1). This affects composability, transaction speed, and the types of integrations each protocol supports.
Category Focus
HyperLaunch is focused on nfts & collectibles, while Purrswap targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.
When to Use Each
Choose HyperLaunch if you...
- ✓Want a nfts & collectibles solution on Multi-Layer
- ✓Need: Permissionless NFT and token launchpad native to the HyperEVM 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
Ecosystem Integration
HyperLaunch
HyperLaunch operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.
Purrswap
Purrswap 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.
Community Verdict
Which do you prefer?
Share your experience with HyperLaunch or Purrswap to help others in the Hyperliquid community make better decisions.
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