PERP.WIKI

Rage Trade vs Passivbot

Hyperliquid ecosystem comparison · Decentralized Exchanges

Best for Swaps
Different Focus Areas

Quick Take

Rage Trade Multi-chain perp aggregator — 1inch for perpetuals on HyperCore, while Passivbot Open-source grid trading bot with native Hyperliquid perpetuals support on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

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

Overview

Rage Trade logo

Rage Trade

Rage Trade is a multi-chain perpetual aggregator that transforms on-chain derivatives trading by intelligently routing orders across leading protocols including GMX, Synthetix, dYdX, Aevo, and Hyperliquid. Rather than locking traders into a single venue's liquidity and pricing, Rage Trade acts as a smart order router — comparing prices, funding rates, and available incentives in real-time to surface the optimal execution path for every trade. The protocol combines the familiar convenience of centralized exchange interfaces with the transparency and self-custody guarantees of decentralized platforms. Traders no longer need to manually monitor multiple protocols or manage accounts across different chains — Rage Trade unifies the fragmented perpetuals landscape into one seamless experience. Hyperliquid's inclusion as a core routing destination brings unmatched execution speed and capital efficiency to the aggregator. With its native token and growing DeFi integrations, Rage Trade serves both active traders seeking best execution and yield-oriented users looking to capitalize on funding rate differentials and protocol incentives across the multi-chain perpetuals market.

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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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Feature Comparison

FeatureRage Trade logoRage TradePassivbot
LayerHyperCoreMulti-Layer
CategoryDecentralized ExchangesTrading Bots & Automation
StatusActiveActive
Launch Year2023
Websiterage.tradegithub.com
Twitter@rage_trade
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
aggregatorperpsmulti-chainRAGE

Score Comparison

Rage TradePassivbot
Open Source
Rage Trade
Not public
Passivbot
Not public
Verified
Rage Trade
Unverified
Passivbot
Unverified
Ecosystem Breadth
Rage Trade
4 tags
Passivbot
0 tags
Maturity
Rage Trade
Since 2023
Passivbot
Unknown

Feature Matrix

FeatureRage Trade logoRage TradePassivbot
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

Rage Trade operates on HyperCore (native on-chain perpetual orderbook), while Passivbot runs on Multi-Layer (spans multiple hyperliquid layers). This affects composability, transaction speed, and the types of integrations each protocol supports.

Category Focus

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

When to Use Each

Choose Rage Trade if you...

  • Want a decentralized exchanges solution on HyperCore
  • Need features like aggregator and perps
  • Need: Multi-chain perp aggregator — 1inch for perpetuals

Choose Passivbot if you...

  • Want a trading bots & automation solution on Multi-Layer
  • Need: Open-source grid trading bot with native Hyperliquid perpetuals support

Ecosystem Integration

Rage Trade logo

Rage Trade

Rage Trade operates on HyperCore (native on-chain perpetual orderbook). Running on HyperCore gives it direct access to the native orderbook with minimal latency and maximum throughput.

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.

Community Verdict

Which do you prefer?

Share your experience with Rage Trade or Passivbot to help others in the Hyperliquid community make better decisions.

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