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Decentralized Exchanges on Hyperliquid (12)

DEXs on Hyperliquid range from spot AMMs built on HyperEVM to aggregators routing trades across the entire ecosystem. Unlike most L1s, Hyperliquid DEXs benefit from shared order book liquidity with HyperCore — giving them a structural edge over isolated EVM chains.

See full Decentralized Exchanges guide with comparisons, FAQs & deep dive →
Showing 12 of 110 projects in Decentralized Exchanges
HyperSwap logo

HyperSwap

HyperEVM

First and largest native DEX on HyperEVM — ~$57M TVL

DEXAMMxSWAP
Decentralized Exchanges↑ Updated recently
Valantis logo

Valantis

HyperEVM

Modular DEX with LST-optimized pools — acquired StakedHYPE

DEXmodularLST-pools
Decentralized Exchanges↑ Updated recently
Ambient Finance logo

Ambient Finance

Multi-Layer

Zero-fee single-contract DEX with ambient and concentrated liquidity on HyperEVM

Decentralized Exchanges↑ Updated recently
GammaSwap logo

GammaSwap

Multi-Layer

Volatility trading protocol enabling long/short vol positions on HyperEVM LP pools

Decentralized Exchanges↑ Updated recently
Gliquid logo

Gliquid

HyperEVM

V4 AMM DEX on HyperEVM — $170M+ trading volume

DEXAMMV4
Decentralized Exchanges↑ Updated recently
Hyperliquid Spot logo

Hyperliquid Spot

Multi-Layer

Native on-chain order book spot trading with HIP-1 and HIP-2 token standards

Decentralized Exchanges↑ Updated recently
KittenSwap logo

KittenSwap

HyperEVM

ve(3,3) community-owned MetaDEX on HyperEVM — ~$32M TVL

DEXve(3,3)community
Decentralized Exchanges↑ Updated recently
LiquidSwap logo

LiquidSwap

Multi-Layer

DEX aggregator spanning HyperEVM and HyperCore

DEX-aggregatorroutingcross-layer
Decentralized Exchanges↑ Updated recently
Panoptic logo

Panoptic

Multi-Layer

Perpetual options protocol built on concentrated liquidity AMMs

Decentralized Exchanges↑ Updated recently
Purrswap logo

Purrswap

HyperEVM

First stableswap on HyperEVM — powered by Abracadabra's MIMswap

stableswapAbracadabraMIMswap
Decentralized Exchanges↑ Updated recently
UPCOMING
Rage Trade logo

Rage Trade

HyperCore

Multi-chain perp aggregator — 1inch for perpetuals

aggregatorperpsmulti-chain
Decentralized Exchanges↑ Updated recently
Thetanuts Finance logo

Thetanuts Finance

Multi-Layer

Structured options vaults for yield generation on Hyperliquid assets

Decentralized Exchanges↑ Updated recently