PERP.WIKI

LiquidSwap vs Zellic

Hyperliquid ecosystem comparison · Decentralized Exchanges

Best for Swaps
Different Focus Areas

Quick Take

LiquidSwap DEX aggregator spanning HyperEVM and HyperCore on Multi-Layer, while Zellic Rising star blockchain security firm with deep DeFi and cryptography expertise on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

LiquidSwap logo

LiquidSwap

LiquidSwap, built by Liquid Labs, is a DEX aggregator on the Hyperliquid ecosystem that routes swaps across both HyperEVM decentralized exchanges and HyperCore's native order-book liquidity to guarantee users the best available price for every trade. Most DeFi aggregators operate within a single execution layer, but LiquidSwap's cross-layer architecture bridges the gap between HyperEVM's AMM-based DEXs and HyperCore's high-performance central limit order book — giving traders unified, one-click access to the deepest combined liquidity pool in the Hyperliquid ecosystem. Smart routing logic splits and sizes orders across multiple venues when beneficial, reducing price impact on larger trades and consistently capturing better execution than any single DEX could provide. Liquid Labs designed LiquidSwap to serve as the default swap infrastructure layer for HyperEVM users, abstracting away the complexity of choosing between trading venues, managing slippage, and navigating the boundary between execution environments. The result is a seamless, low-friction trading experience that competes on both price and speed — well-suited to a chain where ultra-low latency and high throughput are first-class features of the underlying architecture.

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Zellic logo

Zellic

Zellic is a rapidly growing blockchain security firm that combines deep smart contract expertise with strong cryptographic and systems security knowledge, serving protocols across EVM ecosystems including HyperEVM. Founded by top competitive CTF players, Zellic's team brings an attacker's mindset to every engagement, proactively identifying vulnerabilities in complex DeFi protocols, cross-chain bridges, and financial primitives. Zellic has audited hundreds of millions in TVL across lending protocols, DEXes, and infrastructure projects—many architecturally similar to what is being built on Hyperliquid. Their reports are known for clear vulnerability disclosure with actionable remediation guidance. For HyperEVM projects seeking an audit firm with fresh perspectives and a strong track record in cutting-edge DeFi security research, Zellic provides rigorous assessment that complements the traditional audit landscape and has earned a reputation as one of the most thorough firms for complex protocol reviews.

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Feature Comparison

FeatureLiquidSwap logoLiquidSwapZellic logoZellic
LayerMulti-LayerMulti-Layer
CategoryDecentralized ExchangesSecurity & Audits
StatusActiveActive
Launch Year2025
Websiteliqd.agzellic.io
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
DEX-aggregatorroutingcross-layer

Score Comparison

LiquidSwapZellic
Open Source
LiquidSwap
Not public
Zellic
Not public
Verified
LiquidSwap
Unverified
Zellic
Unverified
Ecosystem Breadth
LiquidSwap
3 tags
Zellic
0 tags
Maturity
LiquidSwap
Since 2025
Zellic
Unknown

Feature Matrix

FeatureLiquidSwap logoLiquidSwapZellic logoZellic
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

LiquidSwap is focused on decentralized exchanges, while Zellic targets security & audits. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose LiquidSwap if you...

  • Want a decentralized exchanges solution on Multi-Layer
  • Need features like DEX-aggregator and routing
  • Need: DEX aggregator spanning HyperEVM and HyperCore

Choose Zellic if you...

  • Want a security & audits solution on Multi-Layer
  • Need: Rising star blockchain security firm with deep DeFi and cryptography expertise

Ecosystem Integration

LiquidSwap logo

LiquidSwap

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

Zellic logo

Zellic

Zellic 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 LiquidSwap or Zellic to help others in the Hyperliquid community make better decisions.

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