Hyperliquid vs Osmosis Labs

How Hyperliquid vs Osmosis Labs compare on our ratings, dex specs, funding, pros and cons.

VS
Feature
Ratings
Our score3.4/54.0/5
User ratingNo reviews yetNo reviews yet
Liquidity & pricing4.53.0
Fees3.04.5
Security3.04.0
Ease of use4.04.5
Chain coverage2.54.0
Specs
KYC requiredNot disclosed No
TypeOrder book, PerpetualsAMM, Order book
ChainsHyperliquid, ArbitrumOther
Swap feeNot disclosedVaries by pool
Limit orders Yes Yes
Cross-chain swapsNot disclosed Yes
Audited YesNot disclosed
Open sourceNot disclosed Yes
Governance tokenHYPEOSMO
Perpetual futures YesNot disclosed
Max leverage (x)40Not disclosed
Routes across other DEXs NoNot disclosed
MEV protectionNot disclosed Yes
Points or rewards programNot disclosed Yes
Company
Founded—2021
Headquarters—Singapore
InvestorsNot disclosedParadigm, Do Kwon, Ethereal Ventures, Figment +2
Strengths and weaknesses
Pros
  • Fully onchain order book with transparent liquidations
  • Reported $7.2B in 24-hour volume
  • Perpetual leverage reaches 40x for BTC's first margin tier
  • Non-custodial trading model
  • No identity verification or KYC required for trading
  • Gas fees can be paid in over 160 different supported assets
  • Superfluid staking earns staking yields on active pool liquidity
  • On-chain ProtoRev module captures MEV directly for the protocol
Cons
  • JELLY settlement at $0.0095 raised validator-centralization concerns
  • HLP lost about $4M in a March 2025 ETH liquidation
  • Bridge audit excluded the front end and off-chain components
  • IBC rate limiting can temporarily halt cross-chain transfers during sudden volume spikes
  • Exposure to counterparty bridge exploits on wrapped non-native assets
  • Total value locked stood at about $11.3 million in October 2026
Best forOnchain perpetual traders, Order-book spot traders, Builders using HyperCore liquidityCosmos ecosystem token traders, Non-custodial cross-chain swappers, Concentrated liquidity yield providers

Highlighted cells show the stronger value in each row. Data comes from each provider's site and public sources; check details before you sign up.

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