GMX vs Hyperliquid
GMX scores higher: 7.04/10 against 6.6/10. It leads on 1 of 6 criteria, Hyperliquid on 1.
Criterion by criterion
Same category, same weights, heaviest criterion first. Open a row for each side’s reasoning and evidence.
Scale of value trusted30% of the scoreHyperliquid leadsGMX7Hyperliquid9Why these marks ↓Hide ↑
Security audits26% of the scoreGMX leadsGMX6Hyperliquid2Why these marks ↓Hide ↑
Track record18% of the scoreLevelGMX9Hyperliquid9Why these marks ↓Hide ↑
Multi-chain reach10% of the scoreLevelGMX8Hyperliquid8Why these marks ↓Hide ↑
Latency8% of the scoreLevelGMX10Hyperliquid10Why these marks ↓Hide ↑
Status transparency8% of the scoreLevelGMX2Hyperliquid2Why these marks ↓Hide ↑
The numbers side by side
| Measured | GMX | Hyperliquid |
|---|---|---|
| Value locked | $213.0M | $6.78B |
| Published audits | 1 | 0 |
| Track record | 3.2 yr | 3.5 yr |
| Chains | 4 | 2 |
| Latency (our probe) | 146 ms | 56 ms |
| Status feed | none | none |
Where each one falls short
GMX
Status transparency: No public status page found. Nothing about its reliability can be verified from outside — including by us.
Not for: Anyone who needs to know when it breaks: no status feed, so you find out it is down by discovering it yourself.
Hyperliquid
Security audits: No published audits on DefiLlama. Not proof of insecurity, but an unaudited contract holding funds is a red flag.
Not for: Anyone putting size into it: it holds funds in smart contracts with no published audit. Fine to experiment with, not to trust with a position you cannot afford to lose.
Which to choose
Which scores higher overall, GMX or Hyperliquid?+
GMX scores 7.04/10 against 6.6/10 for Hyperliquid, on the same criteria and weights. We measured 100% of the score for GMX and 100% for Hyperliquid.
Which to choose if security audits matters most?+
GMX: 6/10 against 2/10 for Hyperliquid on security audits. 1 published audit with links (DefiLlama) — read the findings yourself.
Which to choose if scale of value trusted matters most?+
Hyperliquid: 9/10 against 7/10 for GMX on scale of value trusted. $6.78B in value locked (DefiLlama).