PERP.WIKI

Insilico Terminal vs Katoshi

Hyperliquid ecosystem comparison · Trading Terminals & Interfaces

Best for Traders
Different Focus Areas

Quick Take

Insilico Terminal Free professional trading terminal — the first terminal on Hyperliquid on HyperCore, while Katoshi AI-powered trading automation engine built exclusively for Hyperliquid on HyperCore. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Insilico Terminal logo

Insilico Terminal

Insilico Terminal is a free, professional-grade trading terminal and the first purpose-built execution interface to support Hyperliquid natively. Created by veteran trader Flood, the platform delivers institutional-quality order, position, and execution management tools to retail traders at zero cost — democratizing access to tooling previously reserved for professional trading desks. The terminal provides a comprehensive suite of advanced features: multi-order management, real-time position tracking across all open markets, granular execution controls, and a clean interface optimized for speed and clarity under fast market conditions. Unlike generic exchange UIs, Insilico Terminal is designed by a trader for traders — with a workflow that mirrors professional trading environments and prioritizes execution precision above all. Being the first terminal to integrate Hyperliquid natively means Insilico users benefit from direct access to Hyperliquid's high-performance on-chain order book, including sub-second execution, deep liquidity across 100+ perpetual markets, and transparent on-chain settlement. The platform also supports multi-chain trading, extending its utility for traders who operate across ecosystems. With no subscription fees and active community-driven development, Insilico Terminal has become an essential daily tool for serious traders in the Hyperliquid ecosystem.

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Katoshi logo

Katoshi

Katoshi is the premier trading automation engine built exclusively for Hyperliquid, enabling traders to build, deploy, and manage algorithmic strategies with millisecond precision and zero downtime. Trusted by thousands of active traders, Katoshi abstracts the complexity of algorithmic execution into an accessible platform that requires no deep coding expertise. At its core, Katoshi offers a complete automation toolkit: receive signals from TradingView, fire webhooks and custom API triggers, or deploy fully autonomous AI trading agents that react to market conditions in real-time. The platform also supports MCP (Model Context Protocol) integrations, putting cutting-edge AI-driven execution within reach of any trader. Katoshi's deep native integration with Hyperliquid means bots can tap directly into one of crypto's fastest and most liquid on-chain order books, accessing perpetuals across hundreds of markets with minimal slippage. Whether automating a simple RSI crossover strategy or running a multi-leg algorithmic portfolio, Katoshi provides reliable infrastructure to scale it. Built from the ground up for Hyperliquid's architecture, it has become the go-to automation layer for retail traders and institutional desks operating in the ecosystem.

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Feature Comparison

FeatureInsilico Terminal logoInsilico TerminalKatoshi logoKatoshi
LayerHyperCoreHyperCore
CategoryTrading Terminals & InterfacesTrading Bots & Automation
StatusActiveActive
Launch Year20242025
Websiteinsilicoterminal.comkatoshi.ai
Twitter@InsilicoTrading@KatoshiAI
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
terminalTradingViewhotkeysprofessional
AIautomationtrading-agentsnon-custodial

Score Comparison

Insilico TerminalKatoshi
Open Source
Insilico Terminal
Not public
Katoshi
Not public
Verified
Insilico Terminal
Unverified
Katoshi
Unverified
Ecosystem Breadth
Insilico Terminal
4 tags
Katoshi
4 tags
Maturity
Insilico Terminal
Since 2024
Katoshi
Since 2025

Feature Matrix

FeatureInsilico Terminal logoInsilico TerminalKatoshi logoKatoshi
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Insilico Terminal is focused on trading terminals & interfaces, while Katoshi targets trading bots & automation. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

Insilico Terminal is distinguished by: terminal, TradingView, hotkeys, professional. Katoshi stands out with: AI, automation, trading-agents, non-custodial.

Market Timing

Insilico Terminal launched first in 2024, giving it a head start. Katoshi entered later in 2025, potentially with the benefit of learning from earlier entrants.

When to Use Each

Choose Insilico Terminal if you...

  • Want a trading terminals & interfaces solution on HyperCore
  • Need features like terminal and TradingView
  • Need: Free professional trading terminal — the first terminal on Hyperliquid

Choose Katoshi if you...

  • Want a trading bots & automation solution on HyperCore
  • Need features like AI and automation
  • Need: AI-powered trading automation engine built exclusively for Hyperliquid

Ecosystem Integration

Insilico Terminal logo

Insilico Terminal

Insilico Terminal 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.

Katoshi logo

Katoshi

Katoshi 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.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with Insilico Terminal or Katoshi to help others in the Hyperliquid community make better decisions.

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