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Hyperliquid trading terminals compared (2026)

A trading terminal is a desktop or web app for placing and managing orders with more tooling than the official Hyperliquid web app. In this directory it covers execution-focused terminals, analytics-led platforms, pair-trading tools and perp aggregators.

22 apps in this category earned $1.01M in builder fees over the last 30 days and report 73,196 users. HyperDash accounts for 46% of the 30-day revenue.

Builder metrics: flowscan builder leaderboard, snapshot 2026-10-24. Homepage facts checked 2026-10-19. See the methodology.

Trading terminals: comparison table

Sorted by 30-day builder revenue. Effective fee is revenue divided by volume, an average realised rate and not the fee each user is charged. 22 apps; 11 have a detail page.

AppCategory30d revenue30d volumeUsersEffective fee, 30d (bps)Mobile appMarketsMax leverageCopy tradingPage
HyperDash ↗ Trading terminals $470k $2.85B 4,339 1.65 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
Insilico ↗ Trading terminals $169k $1.69B 4,344 1.00 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
Metascalp ↗ Trading terminals $63.1k $328.73M 2,052 1.92 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
Tread.fi ↗ Trading terminals $60.0k $572.34M 5,226 1.05 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
Moonbot ↗ Trading terminals $59.5k $393.91M 249 1.51 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
Borsa Trading terminals $53.1k $1.03B 69 0.52 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Pear Protocol ↗ Trading terminals $40.2k $73.45M 2,577 5.47 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
markets.xyz ↗ Trading terminals $32.2k $95.80M 2,344 3.36 Not stated on homepage Crypto, Stocks & indices, Commodities Not stated on homepage Not stated on homepage Details
Axiom ↗ Trading terminals $31.2k $312.01M 41,190 1.00 Not stated on homepage Crypto Not stated on homepage Not stated on homepage Details
Dexly ↗ Trading terminals $22.7k $45.37M 690 5.00 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
VALR Trading terminals $10.7k $19.48M 975 5.50 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Vooi ↗ Trading terminals $749 $4.11M 3,428 1.82 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
moontrader ↗ Trading terminals $364 $929k 152 3.92 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Lit Trade ↗ Trading terminals $93 $242k 924 3.84 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage Details
GTR.TRADE ↗ Trading terminals $79 $158k 134 5.00 Not stated on homepage Crypto, Stocks & indices Up to 100x Not stated on homepage Details
Valiant ↗ Trading terminals $36 $95.6k 878 3.80 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Perpmate ↗ Trading terminals $0 $101 39 4.95 Not stated on homepage Crypto, Stocks & indices, Commodities Up to 50x Not stated on homepage —
Onyx Trading terminals $0 $0 1,127 — Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Ranger Trading terminals $0 $0 2,201 — Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
SuperStack Trading terminals $0 $0 85 — Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
Cultz Trading terminals $0 $391 34 0.00 Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —
XTrade Trading terminals $0 $0 139 — Not stated on homepage Not stated on homepage Not stated on homepage Not stated on homepage —

Sources: builder metrics from the flowscan builder leaderboard, snapshot 2026-10-24; mobile app, markets, max leverage and copy trading from each app's homepage, checked 2026-10-19. “Not stated on homepage” means the homepage does not say.

What to know

Some terminals connect to several exchanges and use Hyperliquid as one venue, while others are built for Hyperliquid only. Features named on the homepages include algorithmic orders (Tread.fi), chart-based take-profit and stop-loss (Lit Trade), a demo mode (Moonbot), pair trading (Pear Protocol) and aggregation of five perp DEXs with unified margin (Vooi).

Compare all categories on the full Hyperliquid app table, read how builder fees work on builder codes, and see the base fees on Hyperliquid fees.

Other categories: Telegram bots · Copy trading · Mobile apps · AI trading · Wallets.

FAQ

What is a Hyperliquid trading terminal?

A terminal is a third-party interface that sends orders to Hyperliquid, usually with extra tools such as charting, algorithmic orders or analytics. It earns a builder fee on the volume you trade through it.

Are Hyperliquid terminals free?

Terminals usually have no subscription but earn a builder fee on top of Hyperliquid's own fee. Insilico says on its homepage that it is free to use. The fee actually charged differs by app, so check each one.

How are the trading terminals on this page chosen?

Every named builder on the flowscan builder leaderboard is assigned one category from its homepage description and flowscan's own classification. See the methodology.