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Zellic vs Hyperliquid Spot

Hyperliquid ecosystem comparison · Security & Audits

Ecosystem Pick
Different Focus Areas

Quick Take

Zellic Rising star blockchain security firm with deep DeFi and cryptography expertise on Multi-Layer, while Hyperliquid Spot Native on-chain order book spot trading with HIP-1 and HIP-2 token standards on Multi-Layer. They serve different niches in the Hyperliquid ecosystem.

Based on public data for Zellic and Hyperliquid Spot. Key differentiators: layer deployment, fee structure, liquidity depth, and community adoption. Last reviewed: Mar 2026.

Overview

Zellic logo

Zellic

Zellic is a rapidly growing blockchain security firm that combines deep smart contract expertise with strong cryptographic and systems security knowledge, serving protocols across EVM ecosystems including HyperEVM. Founded by top competitive CTF players, Zellic's team brings an attacker's mindset to every engagement, proactively identifying vulnerabilities in complex DeFi protocols, cross-chain bridges, and financial primitives. Zellic has audited hundreds of millions in TVL across lending protocols, DEXes, and infrastructure projects—many architecturally similar to what is being built on Hyperliquid. Their reports are known for clear vulnerability disclosure with actionable remediation guidance. For HyperEVM projects seeking an audit firm with fresh perspectives and a strong track record in cutting-edge DeFi security research, Zellic provides rigorous assessment that complements the traditional audit landscape and has earned a reputation as one of the most thorough firms for complex protocol reviews.

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Hyperliquid Spot logo

Hyperliquid Spot

Hyperliquid's native spot order book is the on-chain spot trading layer of the Hyperliquid L1, enabling permissionless listing and trading of tokens through the HIP-1 and HIP-2 token standards. Unlike AMM-based spot trading, Hyperliquid Spot uses a fully on-chain central limit order book (CLOB) with 200k orders per second throughput, delivering CEX-equivalent matching engine performance for spot assets. HIP-1 provides the fungible token standard analogous to ERC-20, while HIP-2 governs hyperliquidity provision—requiring token deployers to seed initial order book liquidity. Tokens launched through this mechanism trade natively on Hyperliquid's CLOB alongside the perp markets, creating a unified liquidity environment. The native spot DEX has become the go-to venue for launching and trading Hyperliquid-native tokens like PURR, HYPE, and the growing list of HyperEVM-native project tokens, with billions in cumulative spot trading volume demonstrating strong adoption.

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Feature Comparison

FeatureZellic logoZellicHyperliquid Spot logoHyperliquid Spot
LayerMulti-LayerMulti-Layer
CategorySecurity & AuditsDecentralized Exchanges
StatusActiveActive
Launch Year
Websitezellic.ioapp.hyperliquid.xyz
Twitter
GitHubNot publicNot public
VerifiedUnverifiedUnverified
Tags

Score Comparison

ZellicHyperliquid Spot
Open Source
Zellic
Not public
Hyperliquid Spot
Not public
Verified
Zellic
Unverified
Hyperliquid Spot
Unverified
Ecosystem Breadth
Zellic
0 tags
Hyperliquid Spot
0 tags
Maturity
Zellic
Unknown
Hyperliquid Spot
Unknown

Feature Matrix

FeatureZellic logoZellicHyperliquid Spot logoHyperliquid Spot
Open Source
Verified
Has Website
Has Twitter
Has GitHub
Active Status

Key Differences

Category Focus

Zellic is focused on security & audits, while Hyperliquid Spot targets decentralized exchanges. They serve different user needs within the Hyperliquid ecosystem.

When to Use Each

Choose Zellic if you...

  • Want a security & audits solution on Multi-Layer
  • Need: Rising star blockchain security firm with deep DeFi and cryptography expertise

Choose Hyperliquid Spot if you...

  • Want a decentralized exchanges solution on Multi-Layer
  • Need: Native on-chain order book spot trading with HIP-1 and HIP-2 token standards

Ecosystem Integration

Zellic logo

Zellic

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

Hyperliquid Spot logo

Hyperliquid Spot

Hyperliquid Spot 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 Zellic or Hyperliquid Spot to help others in the Hyperliquid community make better decisions.

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