Passivbot vs Token Terminal
Hyperliquid ecosystem comparison · Trading Bots & Automation
Best for TradersQuick Take
Passivbot Open-source grid trading bot with native Hyperliquid perpetuals support on Multi-Layer, while Token Terminal Fundamental financial metrics for Hyperliquid protocol revenue and valuation on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.
Based on public data for Passivbot and Token Terminal. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.
Passivbot
Multi-LayerOpen-source grid trading bot with native Hyperliquid perpetuals support
github.com
Token Terminal
Multi-LayerFundamental financial metrics for Hyperliquid protocol revenue and valuation
tokenterminal.comOverview
Passivbot
Passivbot is a popular open-source cryptocurrency trading bot with native Hyperliquid support, implementing recursive grid-trading and DCA (dollar-cost averaging) strategies for perpetual futures markets. Written in Python with a strong community following, Passivbot allows traders to run fully automated grid strategies on Hyperliquid's perp markets without relying on centralized exchange APIs. The bot continuously places limit orders in a dynamic grid around the current price, capturing bid-ask spreads and mean-reversion moves. Passivbot includes an advanced backtesting engine and optimization framework that uses evolutionary algorithms to tune strategy parameters across historical data. With active maintenance, extensive documentation, and a dedicated Discord community, Passivbot has become one of the most trusted open-source tools for automated Hyperliquid trading. Its transparent, auditable codebase makes it particularly appealing to traders who are wary of closed-source bot solutions.
Visit websiteToken Terminal
Token Terminal is a financial analytics platform that applies traditional finance metrics to crypto protocols, providing revenue, earnings, P/E ratios, and TVL data for Hyperliquid and dozens of other blockchains. By tracking Hyperliquid's protocol revenue from trading fees, HLP vault performance, and liquidation income, Token Terminal enables investors to evaluate Hyperliquid on fundamental financial metrics rather than speculative narratives. Its standardized data model allows direct comparison of Hyperliquid's revenue multiples against competing L1s and perp DEXes, grounding investment decisions in earnings power. Token Terminal's weekly and monthly revenue breakdowns help analysts understand Hyperliquid's growth trajectory and the sustainability of its economic model. For institutional DeFi investors and analysts, Token Terminal is an indispensable tool for valuation and due diligence within the Hyperliquid ecosystem, bringing TradFi analytical rigor to on-chain protocol performance measurement.
Visit websiteFeature Comparison
| Feature | Passivbot | |
|---|---|---|
| Layer | Multi-Layer | Multi-Layer |
| Category | Trading Bots & Automation | Analytics & Data |
| Status | Active | Active |
| Launch Year | — | — |
| Website | github.com | tokenterminal.com |
| — | — | |
| GitHub | Not public | Not public |
| Verified | Unverified | Unverified |
| Tags | — | — |
Score Comparison
Feature Matrix
| Feature | Passivbot | |
|---|---|---|
| Open Source | ✗ | ✗ |
| Verified | ✗ | ✗ |
| Has Website | ✓ | ✓ |
| Has Twitter | ✗ | ✗ |
| Has GitHub | ✗ | ✗ |
| Active Status | ✓ | ✓ |
Key Differences
Category Focus
Passivbot is focused on trading bots & automation, while Token Terminal targets analytics & data. They serve different user needs within the Hyperliquid ecosystem.
When to Use Each
Choose Passivbot if you...
- ✓Want a trading bots & automation solution on Multi-Layer
- ✓Need: Open-source grid trading bot with native Hyperliquid perpetuals support
Choose Token Terminal if you...
- ✓Want a analytics & data solution on Multi-Layer
- ✓Need: Fundamental financial metrics for Hyperliquid protocol revenue and valuation
Ecosystem Integration
Passivbot
Passivbot operates on Multi-Layer (spans multiple hyperliquid layers). Spanning multiple layers lets it combine the strengths of each, though integration complexity is higher.
Token Terminal
Token Terminal 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 Passivbot or Token Terminal to help others in the Hyperliquid community make better decisions.
Related Comparisons
Explore more projects in this category