PERP.WIKI

Purrswap vs HyperZap

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 HyperZap Telegram bot for one-click HyperEVM token trading and portfolio tracking on HyperEVM. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Purrswap and HyperZap. 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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HyperZap logo

HyperZap

HyperZap is a fast-trading platform available as both a Telegram bot and web interface, designed for rapid execution of trades on HYPE and HyperEVM tokens. In the fast-moving world of crypto, speed is everything — new token launches, arbitrage windows, and momentum trades demand execution in seconds. HyperZap solves this by letting users configure their wallet once and then trade with a single command or button tap, eliminating the friction of navigating DEX interfaces, approving transactions, and waiting for confirmations. The Telegram bot is particularly powerful for mobile-first traders who want to enter new HyperEVM listings or take profits without opening a browser. Features include limit orders, auto-slippage management, real-time price tracking, and wallet management for HyperEVM assets. The web platform adds charts, portfolio tracking, and batch trading capabilities. HyperZap also supports token sniping — automatically buying at launch — and copy-trading features that let users mirror top wallets on HyperEVM. As the HyperEVM ecosystem grows with new token launches daily, HyperZap serves as the go-to execution layer for traders who prioritize speed, simplicity, and mobile accessibility above all else.

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Feature Comparison

FeaturePurrswap logoPurrswapHyperZap logoHyperZap
LayerHyperEVMHyperEVM
CategoryDecentralized ExchangesTrading Bots & Automation
StatusUpcomingActive
Launch Year20252025
Websitepurrswap.xyzhyperzap.io
Twitter@PurrSwap_@hyperzap_io
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stableswapAbracadabraMIMswap
Telegrambotzapportfolio

Score Comparison

PurrswapHyperZap
Open Source
Purrswap
Not public
HyperZap
Not public
Verified
Purrswap
Unverified
HyperZap
Unverified
Ecosystem Breadth
Purrswap
3 tags
HyperZap
4 tags
Maturity
Purrswap
Since 2025
HyperZap
Since 2025

Feature Matrix

FeaturePurrswap logoPurrswapHyperZap logoHyperZap
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Purrswap is focused on decentralized exchanges, while HyperZap targets trading bots & automation. They serve different user needs within the Hyperliquid ecosystem.

Unique Features

Purrswap is distinguished by: stableswap, Abracadabra, MIMswap. HyperZap stands out with: Telegram, bot, zap, portfolio.

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 HyperZap if you...

  • Want a trading bots & automation solution on HyperEVM
  • Need features like Telegram and bot
  • Need: Telegram bot for one-click HyperEVM token trading and portfolio tracking

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.

HyperZap logo

HyperZap

HyperZap 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 HyperZap to help others in the Hyperliquid community make better decisions.

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