PERP.WIKI

The Graph vs Hyperbloom

Hyperliquid ecosystem comparison · Data APIs

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Different Focus Areas

Quick Take

The Graph Decentralized indexing protocol for building GraphQL APIs from HyperEVM smart contracts on Multi-Layer, while Hyperbloom DEX aggregator and autocompounding yield optimizer on HyperEVM. They serve different niches in the Hyperliquid ecosystem.

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

Overview

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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Hyperbloom logo

Hyperbloom

HyperBloom is a DeFi SuperApp built on HyperEVM that combines a DEX aggregator with auto-compounding yield vaults, delivering best-in-class swap rates and maximized APYs across the Hyperliquid ecosystem. Its aggregator routes trades through a unified smart contract that covers liquidity from 10 integrated DEXs — including HyperSwap, KittenSwap, Curve, Laminar, Gliquid, Hybra, HyperCat, ProjectX, Valantis, and Ramses — plus HyperCore order-book depth, all settled in a single non-custodial transaction with no custody risk. For yield seekers, HyperBloom's auto-compounding vaults employ a proprietary YieldIQ strategy: on-chain algorithms that dynamically optimize liquidity positions, compound rewards continuously, and minimize unnecessary rebalancing and gas costs. Vaults support single-token deposits, eliminating the complexity of fixed 50/50 LP ratios and letting users retain directional preference over their underlying assets. Vault tokens represent proportional claims on deposits plus accumulated yield, redeemable at any time. HyperBloom also features a liquidity locker, a developer-facing widget API, and a points program — making it a comprehensive infrastructure layer for traders, LPs, and protocols building on HyperEVM.

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Feature Comparison

FeatureThe Graph logoThe GraphHyperbloom logoHyperbloom
LayerMulti-LayerHyperEVM
CategoryData APIsYield & Vaults
StatusActiveActive
Launch Year2025
Websitethegraph.comhyperbloom.xyz
Twitter@hyperbloomxyz
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags
DEX-aggregatoryieldautocompounding

Score Comparison

The GraphHyperbloom
Open Source
The Graph
Not public
Hyperbloom
Not public
Verified
The Graph
Unverified
Hyperbloom
Unverified
Ecosystem Breadth
The Graph
0 tags
Hyperbloom
3 tags
Maturity
The Graph
Unknown
Hyperbloom
Since 2025

Feature Matrix

FeatureThe Graph logoThe GraphHyperbloom logoHyperbloom
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

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

Category Focus

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

When to Use Each

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

Choose Hyperbloom if you...

  • Want a yield & vaults solution on HyperEVM
  • Need features like DEX-aggregator and yield
  • Need: DEX aggregator and autocompounding yield optimizer

Ecosystem Integration

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.

Hyperbloom logo

Hyperbloom

Hyperbloom 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.

Community Verdict

Which do you prefer?

Share your experience with The Graph or Hyperbloom to help others in the Hyperliquid community make better decisions.

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