PERP.WIKI

Tempest Finance vs The Graph

Hyperliquid ecosystem comparison · Yield & Vaults

Best for Yield
Different Focus Areas

Quick Take

Tempest Finance Automated yield vaults native to the HyperEVM ecosystem on Multi-Layer, while The Graph Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Tempest Finance and The Graph. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Tempest Finance logo

Tempest Finance

Tempest Finance is a yield vault protocol native to the HyperEVM ecosystem, offering automated strategies for Hyperliquid users to earn passive income on their assets. Tempest deploys capital into optimized DeFi strategies spanning liquidity provision, lending, and perps trading—all within the Hyperliquid network. Its vaults abstract away the complexity of multi-protocol yield farming, allowing users to access diversified yield with a single deposit. Tempest's strategy engine dynamically allocates capital based on current yields, gas costs, and risk-adjusted returns, continuously rebalancing to maintain optimal performance. With a focus on native HyperEVM integrations and composability with Hyperliquid's spot and perp markets, Tempest is emerging as a core yield layer for HYPE holders and Hyperliquid DeFi participants who want to put their assets to work without active management or deep technical knowledge of multi-protocol interactions.

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The Graph logo

The Graph

The Graph is the decentralized indexing protocol for blockchain data, enabling HyperEVM developers to build and deploy Subgraphs—open APIs that index, transform, and serve on-chain data via GraphQL. Rather than building custom indexing infrastructure, HyperEVM protocol teams can define their data schema and indexing logic in a Subgraph manifest, and The Graph's decentralized network of Indexers handles the computation and data serving. This dramatically accelerates frontend development for Hyperliquid DeFi dApps that need historical and real-time on-chain data without running centralized backend infrastructure. Subgraph data is trustless and cryptographically verifiable, making it appropriate for decentralized applications that want to maintain censorship-resistance. The Graph's GRT token incentivizes high-quality, reliable data indexing, ensuring HyperEVM Subgraphs remain continuously available and accurate for users and developers building on Hyperliquid's smart contract ecosystem.

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Feature Comparison

FeatureTempest Finance logoTempest FinanceThe Graph logoThe Graph
LayerMulti-LayerMulti-Layer
CategoryYield & VaultsData APIs
StatusActiveActive
Launch Year
Websitetempestfinance.xyzthegraph.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

Tempest FinanceThe Graph
Open Source
Tempest Finance
Not public
The Graph
Not public
Verified
Tempest Finance
Unverified
The Graph
Unverified
Ecosystem Breadth
Tempest Finance
0 tags
The Graph
0 tags
Maturity
Tempest Finance
Unknown
The Graph
Unknown

Feature Matrix

FeatureTempest Finance logoTempest FinanceThe Graph logoThe Graph
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Tempest Finance is focused on yield & vaults, while The Graph targets data apis. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Tempest Finance if you...

  • Want a yield & vaults solution on Multi-Layer
  • Need: Automated yield vaults native to the HyperEVM ecosystem

Choose The Graph if you...

  • Want a data apis solution on Multi-Layer
  • Need: Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts

Ecosystem Integration

Tempest Finance logo

Tempest Finance

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

The Graph logo

The Graph

The Graph 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 Tempest Finance or The Graph to help others in the Hyperliquid community make better decisions.

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