PERP.WIKI

Privy vs Gauntlet

Hyperliquid ecosystem comparison · Wallets & Account Abstraction

Ecosystem Pick
Different Focus Areas

Quick Take

Privy Embedded wallets enabling users to access HyperEVM dApps with just email or social login on Multi-Layer, while Gauntlet Financial risk modeling and protocol optimization for DeFi protocols on HyperEVM on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Privy logo

Privy

Privy is an embedded wallet and authentication infrastructure provider that enables HyperEVM developers to offer seamless, non-custodial wallet creation to users via email, phone, or social accounts. Unlike traditional wallet connect flows that require users to have MetaMask installed, Privy provisions in-app wallets using secure key management—allowing users to interact with HyperEVM DeFi protocols without any prior crypto experience. Privy's React SDK integrates in minutes and handles all key storage, recovery, and session management, while developers retain full control over the user experience. For NFT platforms, trading terminals, and DeFi frontends on HyperEVM, Privy dramatically lowers the onboarding barrier and increases conversion rates. Its cross-app wallets feature allows users to carry their Privy wallet identity across multiple HyperEVM applications with a single sign-on, creating a cohesive multi-app experience within the Hyperliquid ecosystem.

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Gauntlet

Gauntlet is a financial risk management and protocol optimization platform that uses agent-based market simulations to stress-test DeFi protocols and optimize their economic parameters. As protocols in the Hyperliquid ecosystem scale their TVL in lending markets and liquidity vaults, Gauntlet's simulation engine models adversarial behaviors, market crashes, and oracle manipulation scenarios to identify parameter configurations that maximize capital efficiency while minimizing insolvency risk. Gauntlet provides ongoing risk management services—continuously updating protocol parameters like liquidation bonuses, borrow caps, and collateral ratios in response to changing market conditions. With a track record managing billions in risk across Aave, Compound, and other top DeFi protocols, Gauntlet brings institutional-grade risk science to the growing Hyperliquid DeFi ecosystem. Protocols that engage Gauntlet signal commitment to sustainable, risk-managed growth rather than aggressive TVL maximization at the expense of security.

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Feature Comparison

FeaturePrivy logoPrivyGauntlet
LayerMulti-LayerMulti-Layer
CategoryWallets & Account AbstractionAnalytics & Data
StatusActiveActive
Launch Year
Websiteprivy.iogauntlet.xyz
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

PrivyGauntlet
Open Source
Privy
Not public
Gauntlet
Not public
Verified
Privy
Unverified
Gauntlet
Unverified
Ecosystem Breadth
Privy
0 tags
Gauntlet
0 tags
Maturity
Privy
Unknown
Gauntlet
Unknown

Feature Matrix

FeaturePrivy logoPrivyGauntlet
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Privy is focused on wallets & account abstraction, while Gauntlet targets analytics & data. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Privy if you...

  • Want a wallets & account abstraction solution on Multi-Layer
  • Need: Embedded wallets enabling users to access HyperEVM dApps with just email or social login

Choose Gauntlet if you...

  • Want a analytics & data solution on Multi-Layer
  • Need: Financial risk modeling and protocol optimization for DeFi protocols on HyperEVM

Ecosystem Integration

Privy logo

Privy

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

Gauntlet

Gauntlet 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 Privy or Gauntlet to help others in the Hyperliquid community make better decisions.

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