PERP.WIKI

The Graph vs Passivbot

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 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 The Graph and Passivbot. 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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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

FeatureThe Graph logoThe GraphPassivbot
LayerMulti-LayerMulti-Layer
CategoryData APIsTrading Bots & Automation
StatusActiveActive
Launch Year
Websitethegraph.comgithub.com
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

The GraphPassivbot
Open Source
The Graph
Not public
Passivbot
Not public
Verified
The Graph
Unverified
Passivbot
Unverified
Ecosystem Breadth
The Graph
0 tags
Passivbot
0 tags
Maturity
The Graph
Unknown
Passivbot
Unknown

Feature Matrix

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

Key Differences

Category Focus

The Graph is focused on data apis, while Passivbot targets trading bots & automation. 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 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

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.

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

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