PERP.WIKI

HyperLaunch vs The Graph

Hyperliquid ecosystem comparison · NFTs & Collectibles

Ecosystem Pick
Different Focus Areas

Quick Take

HyperLaunch Permissionless NFT and token launchpad native to the HyperEVM ecosystem on Multi-Layer, while The Graph Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

HyperLaunch logo

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.

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The Graph logo

The Graph

The Graph is the decentralized indexing protocol for blockchain data, enabling HyperEVM developers to build and deploy Subgraphs—open APIs that index, transform, and serve on-chain data via GraphQL. Rather than building custom indexing infrastructure, HyperEVM protocol teams can define their data schema and indexing logic in a Subgraph manifest, and The Graph's decentralized network of Indexers handles the computation and data serving. This dramatically accelerates frontend development for Hyperliquid DeFi dApps that need historical and real-time on-chain data without running centralized backend infrastructure. Subgraph data is trustless and cryptographically verifiable, making it appropriate for decentralized applications that want to maintain censorship-resistance. The Graph's GRT token incentivizes high-quality, reliable data indexing, ensuring HyperEVM Subgraphs remain continuously available and accurate for users and developers building on Hyperliquid's smart contract ecosystem.

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Feature Comparison

FeatureHyperLaunch logoHyperLaunchThe Graph logoThe Graph
LayerMulti-LayerMulti-Layer
CategoryNFTs & CollectiblesData APIs
StatusActiveActive
Launch Year
Websitehyperlaunch.xyzthegraph.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

HyperLaunchThe Graph
Open Source
HyperLaunch
Not public
The Graph
Not public
Verified
HyperLaunch
Unverified
The Graph
Unverified
Ecosystem Breadth
HyperLaunch
0 tags
The Graph
0 tags
Maturity
HyperLaunch
Unknown
The Graph
Unknown

Feature Matrix

FeatureHyperLaunch logoHyperLaunchThe Graph logoThe Graph
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

HyperLaunch is focused on nfts & collectibles, while The Graph targets data apis. 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 The Graph if you...

  • Want a data apis solution on Multi-Layer
  • Need: Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts

Ecosystem Integration

HyperLaunch logo

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.

The Graph logo

The Graph

The Graph 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 HyperLaunch or The Graph to help others in the Hyperliquid community make better decisions.

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