PERP.WIKI

Thetanuts Finance vs Valantis

Hyperliquid ecosystem comparison · Decentralized Exchanges

Best for Swaps
Cross-Layer AlternativesVerified: Valantis

Quick Take

Thetanuts Finance Structured options vaults for yield generation on Hyperliquid assets on Multi-Layer, while Valantis Modular DEX with LST-optimized pools — acquired StakedHYPE on HyperEVM. Both compete in the decentralized exchanges space but operate on different layers, which affects their capabilities and composability.

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

Overview

Thetanuts Finance logo

Thetanuts Finance

Thetanuts Finance is a decentralized structured products platform offering options vaults that allow DeFi users to earn yield through covered calls and cash-secured puts. Unlike complex options protocols requiring active management, Thetanuts automates option-writing strategies via weekly vault cycles—depositors simply supply assets and earn premiums from writing options against their holdings. On HyperEVM, Thetanuts brings institutional-grade options strategies to retail Hyperliquid users, letting HYPE and stablecoin holders earn enhanced yield on otherwise idle assets. Its Basic Vaults cover major crypto assets while Strong Vaults offer higher yields for more volatile positions. Thetanuts uses Hyperliquid's deep perpetuals liquidity as the hedge layer for its options vaults, creating a unique integration between structured products and the underlying Hyperliquid derivatives market. As the Hyperliquid ecosystem matures toward a full financial stack, Thetanuts fills a critical gap in the options and structured products layer.

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Valantis logo

Valantis

Valantis is a modular decentralized exchange protocol deployed on HyperEVM, designed to give liquidity providers and protocol developers unprecedented flexibility in how AMMs are constructed and customized. At its core is STEX — a next-generation AMM architecture purpose-built for liquid staking token pools, solving the persistent problem of capital inefficiency and high slippage that plagues standard AMMs when handling correlated or yield-bearing assets. Valantis separates exchange logic into composable modules: sovereign pools, HOT (Hybrid Order Type) AMMs, and pluggable liquidity management strategies — allowing developers to integrate custom pricing curves, fee tiers, and rebalancing logic without forking the entire protocol stack. For liquidity providers, this means substantially better capital efficiency and reduced impermanent loss on correlated pairs. For protocols building on HyperEVM, it means a flexible DEX infrastructure layer that can be tailored to specific tokenomics and use cases. Valantis fits naturally into the Hyperliquid ecosystem by providing foundational trading infrastructure that DeFi primitives — lending markets, derivatives vaults, and yield protocols — depend on for deep, efficient, and programmable liquidity.

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Feature Comparison

FeatureThetanuts Finance logoThetanuts FinanceValantis logoValantis
LayerMulti-LayerHyperEVM
CategoryDecentralized ExchangesDecentralized Exchanges
StatusActiveActive
Launch Year2025
Websitethetanuts.financevalantis.xyz
Twitter@ValantisLabs
GitHubNot publicNot public
VerifiedUnverified✓ Verified
Tags
DEXmodularLST-poolsSTEX

Score Comparison

Thetanuts FinanceValantis
Open Source
Thetanuts Finance
Not public
Valantis
Not public
Verified
Thetanuts Finance
Unverified
Valantis
Verified
Ecosystem Breadth
Thetanuts Finance
0 tags
Valantis
4 tags
Maturity
Thetanuts Finance
Unknown
Valantis
Since 2025

Feature Matrix

FeatureThetanuts Finance logoThetanuts FinanceValantis logoValantis
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Layer Architecture

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

When to Use Each

Choose Thetanuts Finance if you...

  • Want a decentralized exchanges solution on Multi-Layer
  • Need: Structured options vaults for yield generation on Hyperliquid assets

Choose Valantis if you...

  • Want a decentralized exchanges solution on HyperEVM
  • Prefer a verified and vetted protocol
  • Need features like DEX and modular
  • Need: Modular DEX with LST-optimized pools — acquired StakedHYPE

Ecosystem Integration

Thetanuts Finance logo

Thetanuts Finance

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

Valantis logo

Valantis

Valantis 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 Thetanuts Finance or Valantis to help others in the Hyperliquid community make better decisions.

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