Trade.xyz (HyperUnit) vs Passivbot

Trade.xyz (HyperUnit)

Trade.xyz, developed by HyperUnit, made history as the first protocol to acquire a HIP-3 ticker on Hyperliquid, securing the XYZ100 listing. The platform enables 24/7 trading of tokenized US stocks and ETFs — assets that traditional markets restrict to weekday trading hours. By bringing equities like Apple, Tesla, NVIDIA, and major ETFs on-chain, Trade.xyz solves a fundamental problem: global investors, particularly those outside the US, face geographic restrictions and time-zone barriers when accessing US stock markets. On Hyperliquid's high-throughput order book, tokenized equities benefit from near-instant settlement, deep liquidity, and the same seamless trading experience as crypto perpetuals. The XYZ100 ticker functions as an index exposure product, giving users diversified equity exposure in a single position. Tokenization is handled in a trust-minimized manner, ensuring price fidelity with underlying assets. Trade.xyz represents the convergence of TradFi and DeFi — crypto-native infrastructure meeting traditional asset classes — and is a flagship demonstration of what Hyperliquid's HIP-3 standard enables for real-world asset trading at any hour of the day, seven days a week.

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.

Choose Trade.xyz (HyperUnit) if you...

• ✓Want a rwa perps solution on HIP-3
• ✓Need features like stocks and RWA
• ✓Need: 24/7 on-chain stock perpetuals powered by HIP-3 — $500M+ daily volume

Choose Passivbot if you...

• ✓Want a trading bots & automation solution on Multi-Layer
• ✓Need: Open-source grid trading bot with native Hyperliquid perpetuals support