PERP.WIKI

Spearbit vs Passivbot

Hyperliquid ecosystem comparison · Security & Audits

Ecosystem Pick
Different Focus Areas

Quick Take

Spearbit Decentralized network of elite security researchers for competitive DeFi audits on Multi-Layer, 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 Spearbit and Passivbot. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Spearbit logo

Spearbit

Spearbit is a decentralized network of elite security researchers offering competitive smart contract audit services for protocols building on HyperEVM and other blockchain ecosystems. Unlike traditional security firms with fixed teams, Spearbit matches each engagement with the most qualified researchers from its curated network, ensuring expert-level coverage of protocol-specific risks. Spearbit has conducted high-profile audits for top DeFi protocols and is increasingly engaged by Hyperliquid ecosystem projects seeking security validation before mainnet launches. Its transparent, competitive marketplace model has attracted some of the highest-earning bug bounty hunters and independent security researchers in the industry. For HyperEVM protocols that handle concentrated liquidity or complex financial logic, Spearbit's researcher network provides diverse threat modeling perspectives that single-firm audits cannot match, making it a popular choice for security-conscious Hyperliquid ecosystem teams.

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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

FeatureSpearbit logoSpearbitPassivbot
LayerMulti-LayerMulti-Layer
CategorySecurity & AuditsTrading Bots & Automation
StatusActiveActive
Launch Year
Websitespearbit.comgithub.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

SpearbitPassivbot
Open Source
Spearbit
Not public
Passivbot
Not public
Verified
Spearbit
Unverified
Passivbot
Unverified
Ecosystem Breadth
Spearbit
0 tags
Passivbot
0 tags
Maturity
Spearbit
Unknown
Passivbot
Unknown

Feature Matrix

FeatureSpearbit logoSpearbitPassivbot
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Spearbit is focused on security & audits, while Passivbot targets trading bots & automation. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Spearbit if you...

  • Want a security & audits solution on Multi-Layer
  • Need: Decentralized network of elite security researchers for competitive DeFi audits

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

Spearbit logo

Spearbit

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

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.

Both protocols share the same layer, maximizing composability potential.

Community Verdict

Which do you prefer?

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

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