PERP.WIKI

Purrswap vs Hyperbloom

Hyperliquid ecosystem comparison · Decentralized Exchanges

Best for Swaps
Different Focus Areas

Quick Take

Purrswap First stableswap on HyperEVM — powered by Abracadabra's MIMswap on HyperEVM, while Hyperbloom DEX aggregator and autocompounding yield optimizer on HyperEVM. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Purrswap logo

Purrswap

Purrswap is a native DEX on HyperEVM, incubated by Abracadabra DAO and built on a licensed implementation of MIMswap's Proactive Market Maker (PMM) algorithm. Unlike traditional constant-product AMMs, PMM actively adjusts its price curve based on external reference prices, concentrating liquidity near the current market price and dramatically reducing slippage for both stablecoin and volatile-asset trading pairs. Purrswap inherits Abracadabra DAO's deep DeFi expertise — the team behind the MIM stablecoin and the original MIMswap protocol on Ethereum — bringing battle-tested, audited smart contract architecture to the Hyperliquid ecosystem. By deploying natively on HyperEVM, Purrswap benefits from Hyperliquid's high-throughput EVM execution environment, low transaction fees, and tight integration with the broader Hyperliquid DeFi stack including HyperCore's perpetual order book. The PMM model makes Purrswap particularly capital-efficient for stablecoin swaps and correlated-asset pairs where tight spreads and minimal impermanent loss are critical for LPs. As a community-aligned project incubated by one of DeFi's most recognized DAOs, Purrswap represents a meaningful bridge between the established Abracadabra ecosystem and Hyperliquid's rapidly growing on-chain economy.

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Hyperbloom logo

Hyperbloom

HyperBloom is a DeFi SuperApp built on HyperEVM that combines a DEX aggregator with auto-compounding yield vaults, delivering best-in-class swap rates and maximized APYs across the Hyperliquid ecosystem. Its aggregator routes trades through a unified smart contract that covers liquidity from 10 integrated DEXs — including HyperSwap, KittenSwap, Curve, Laminar, Gliquid, Hybra, HyperCat, ProjectX, Valantis, and Ramses — plus HyperCore order-book depth, all settled in a single non-custodial transaction with no custody risk. For yield seekers, HyperBloom's auto-compounding vaults employ a proprietary YieldIQ strategy: on-chain algorithms that dynamically optimize liquidity positions, compound rewards continuously, and minimize unnecessary rebalancing and gas costs. Vaults support single-token deposits, eliminating the complexity of fixed 50/50 LP ratios and letting users retain directional preference over their underlying assets. Vault tokens represent proportional claims on deposits plus accumulated yield, redeemable at any time. HyperBloom also features a liquidity locker, a developer-facing widget API, and a points program — making it a comprehensive infrastructure layer for traders, LPs, and protocols building on HyperEVM.

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Feature Comparison

FeaturePurrswap logoPurrswapHyperbloom logoHyperbloom
LayerHyperEVMHyperEVM
CategoryDecentralized ExchangesYield & Vaults
StatusUpcomingActive
Launch Year20252025
Websitepurrswap.xyzhyperbloom.xyz
Twitter@PurrSwap_@hyperbloomxyz
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stableswapAbracadabraMIMswap
DEX-aggregatoryieldautocompounding

Score Comparison

PurrswapHyperbloom
Open Source
Purrswap
Not public
Hyperbloom
Not public
Verified
Purrswap
Unverified
Hyperbloom
Unverified
Ecosystem Breadth
Purrswap
3 tags
Hyperbloom
3 tags
Maturity
Purrswap
Since 2025
Hyperbloom
Since 2025

Feature Matrix

FeaturePurrswap logoPurrswapHyperbloom logoHyperbloom
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Purrswap is focused on decentralized exchanges, while Hyperbloom targets yield & vaults. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

Purrswap is distinguished by: stableswap, Abracadabra, MIMswap. Hyperbloom stands out with: DEX-aggregator, yield, autocompounding.

When to Use Each

Choose Purrswap if you...

  • Want a decentralized exchanges solution on HyperEVM
  • Need features like stableswap and Abracadabra
  • Need: First stableswap on HyperEVM — powered by Abracadabra's MIMswap

Choose Hyperbloom if you...

  • Want a yield & vaults solution on HyperEVM
  • Need features like DEX-aggregator and yield
  • Need: DEX aggregator and autocompounding yield optimizer

Ecosystem Integration

Purrswap logo

Purrswap

Purrswap operates on HyperEVM (evm smart contracts on hyperliquid l1). As a HyperEVM protocol, it can compose with other EVM-based DeFi primitives and leverage smart contract flexibility.

Hyperbloom logo

Hyperbloom

Hyperbloom operates on HyperEVM (evm smart contracts on hyperliquid l1). As a HyperEVM protocol, it can compose with other EVM-based DeFi primitives and leverage smart contract flexibility.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

Share your experience with Purrswap or Hyperbloom to help others in the Hyperliquid community make better decisions.

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