PERP.WIKI

Passivbot vs Trade.xyz (HyperUnit)

Hyperliquid ecosystem comparison · Trading Bots & Automation

Best for Traders
Different Focus Areas

Quick Take

Passivbot Open-source grid trading bot with native Hyperliquid perpetuals support on Multi-Layer, while Trade.xyz (HyperUnit) 24/7 on-chain stock perpetuals powered by HIP-3 — $500M+ daily volume on HIP-3. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Passivbot and Trade.xyz (HyperUnit). Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

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.

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Trade.xyz (HyperUnit) logo

Trade.xyz (HyperUnit)

Trade.xyz, developed by HyperUnit, made history as the first protocol to acquire a HIP-3 ticker on Hyperliquid, securing the XYZ100 listing. The platform enables 24/7 trading of tokenized US stocks and ETFs — assets that traditional markets restrict to weekday trading hours. By bringing equities like Apple, Tesla, NVIDIA, and major ETFs on-chain, Trade.xyz solves a fundamental problem: global investors, particularly those outside the US, face geographic restrictions and time-zone barriers when accessing US stock markets. On Hyperliquid's high-throughput order book, tokenized equities benefit from near-instant settlement, deep liquidity, and the same seamless trading experience as crypto perpetuals. The XYZ100 ticker functions as an index exposure product, giving users diversified equity exposure in a single position. Tokenization is handled in a trust-minimized manner, ensuring price fidelity with underlying assets. Trade.xyz represents the convergence of TradFi and DeFi — crypto-native infrastructure meeting traditional asset classes — and is a flagship demonstration of what Hyperliquid's HIP-3 standard enables for real-world asset trading at any hour of the day, seven days a week.

Feature Comparison

FeaturePassivbotTrade.xyz (HyperUnit) logoTrade.xyz (HyperUnit)
LayerMulti-LayerHIP-3
CategoryTrading Bots & AutomationRWA Perps
StatusActiveActive
Launch Year2025
Websitegithub.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stocksRWAperpetualsHIP-3HyperUnit

Score Comparison

PassivbotTrade.xyz (HyperUnit)
Open Source
Passivbot
Not public
Trade.xyz (HyperUnit)
Not public
Verified
Passivbot
Unverified
Trade.xyz (HyperUnit)
Unverified
Ecosystem Breadth
Passivbot
0 tags
Trade.xyz (HyperUnit)
5 tags
Maturity
Passivbot
Unknown
Trade.xyz (HyperUnit)
Since 2025

Feature Matrix

FeaturePassivbotTrade.xyz (HyperUnit) logoTrade.xyz (HyperUnit)
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Passivbot operates on Multi-Layer (spans multiple hyperliquid layers), while Trade.xyz (HyperUnit) runs on HIP-3 (permissionless custom perpetual markets). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Passivbot is focused on trading bots & automation, while Trade.xyz (HyperUnit) targets rwa perps. 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 Trade.xyz (HyperUnit) if you...

  • Want a rwa perps solution on HIP-3
  • Need features like stocks and RWA
  • Need: 24/7 on-chain stock perpetuals powered by HIP-3 — $500M+ daily volume

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.

Trade.xyz (HyperUnit) logo

Trade.xyz (HyperUnit)

Trade.xyz (HyperUnit) operates on HIP-3 (permissionless custom perpetual markets). Through HIP-3, it enables permissionless creation of custom perpetual markets.

Community Verdict

Which do you prefer?

Share your experience with Passivbot or Trade.xyz (HyperUnit) to help others in the Hyperliquid community make better decisions.

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