PERP.WIKI

Purrswap vs QuickNode

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 QuickNode Enterprise-grade RPC infrastructure and developer APIs for HyperEVM on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Purrswap and QuickNode. 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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QuickNode logo

QuickNode

QuickNode is a leading blockchain infrastructure provider offering enterprise-grade RPC endpoints, APIs, and developer tooling for HyperEVM and 70+ other networks. With QuickNode's globally distributed node infrastructure, HyperEVM developers get reliable, low-latency RPC access for deploying and querying smart contracts, reading on-chain state, and listening to event logs—without running their own nodes. QuickNode's Streams product delivers real-time blockchain data via WebSocket and webhooks, enabling reactive architectures that respond to on-chain events instantaneously. Its Add-Ons marketplace includes enhanced APIs for token balances, NFT metadata, DeFi position tracking, and transaction simulation. With a QuickNode-maintained Hyperliquid SDK and a reputation for 99.99% uptime, QuickNode is the infrastructure provider of choice for professional HyperEVM application developers who need reliable, scalable access to Hyperliquid's blockchain without the operational overhead of self-hosted nodes.

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Feature Comparison

FeaturePurrswap logoPurrswapQuickNode logoQuickNode
LayerHyperEVMMulti-Layer
CategoryDecentralized ExchangesSDKs & Developer Tools
StatusUpcomingActive
Launch Year2025
Websitepurrswap.xyzquicknode.com
Twitter@PurrSwap_
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
stableswapAbracadabraMIMswap

Score Comparison

PurrswapQuickNode
Open Source
Purrswap
Not public
QuickNode
Not public
Verified
Purrswap
Unverified
QuickNode
Unverified
Ecosystem Breadth
Purrswap
3 tags
QuickNode
0 tags
Maturity
Purrswap
Since 2025
QuickNode
Unknown

Feature Matrix

FeaturePurrswap logoPurrswapQuickNode logoQuickNode
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Purrswap operates on HyperEVM (evm smart contracts on hyperliquid l1), while QuickNode runs on Multi-Layer (spans multiple hyperliquid layers). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

Purrswap is focused on decentralized exchanges, while QuickNode targets sdks & developer tools. They serve different user needs within the Hyperliquid ecosystem.

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 QuickNode if you...

  • Want a sdks & developer tools solution on Multi-Layer
  • Need: Enterprise-grade RPC infrastructure and developer APIs for HyperEVM

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.

QuickNode logo

QuickNode

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

Community Verdict

Which do you prefer?

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

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