Hyperliquid ecosystem projects: 20 on NAUT, 6 run a DEX

NAUT tracks 20 Hyperliquid ecosystem projects that hold a live project page and build on that chain alone or close to it, read on 8 November 2026. They fall in 5 product groups: 6 decentralized exchanges, 10 lending, staking and yield protocols, 2 infrastructure rows, 1 game and 1 meme coin.

How the list was built, from NAUT's own database on 8 November 2026. NAUT holds 54 company rows tagged with the Hyperliquid chain. 2 of them, Omni Network and WOO, are archived and merged into other rows, which leaves 52. 2 more, Bounce Tech and Synapse Protocol, are marked ready to publish with no slug, so neither has a public /projects/ page, which leaves 50. 1 of the 50 is Hyperliquid itself, the chain's own NAUT page rather than a project on it, which leaves 49 live project pages. Of those 49, 28 carry 3 or more chain tags and are listed apart further down, because Hyperliquid is 1 deployment of many for them. 1 more, Unit Pump, is left out for a reason of its own: its stored description reads only "Cryptocurrency token (UPUMP) trading on exchanges." with no domain, no X handle and no sector tag, so NAUT cannot tell what product it is. That leaves the 20 below, each read against its own stored description before it was grouped: Felix protocol is the richest record of the set.

What was and was not put to an outside source. 19 of the 20 rows carry an X handle on NAUT, and an outside read went to all 19 accounts. 15 came back as the project with a second page naming the same account, 1 came back as the project on the account alone, and 3 did not match what NAUT stores. The sector tags, chain tags and stored descriptions are NAUT's own data and went to no outside source, with 1 exception named in the yield section.

Which Hyperliquid ecosystem projects are on NAUT?

These 20 rows sit in product group order, alphabetical inside each group. Group is this article's own reading, taken from the row's NAUT sector tags where it carries them and from its own stored description where it does not. Desc. says whether NAUT stores a product description for the row. Handle is what the outside read of the stored X account returned on 8 November 2026.

Project	Group	Desc.	Handle
ALTURAX	DEX	None	1 source
Hybra Finance	DEX	Stored	Confirmed
HypertradeX	DEX	None	Confirmed
NestExchange	DEX	None	Confirmed
OPOnyx	DEX	Stored	Confirmed
Project X	DEX	Stored	Confirmed
Felix protocol	DeFi	Stored	Confirmed
hyperdrivedefi	DeFi	Stored	Confirmed
hypersurfaceX	DeFi	None	Confirmed
kinetiq_xyz	DeFi	None	Confirmed
Looped Hype	DeFi	None	Confirmed
Ramifi Protocol	DeFi	Stored	No match
ryskfinance	DeFi	None	Confirmed
Sentiment Protocol	DeFi	Stored	No match
Unit Plasma	DeFi	None	None
ValantisLabs	DeFi	Stored	Confirmed
HyperLend	Infra	Stored	Confirmed
stHYPE	Infra	Stored	Confirmed
Happy Land	Game	Stored	Confirmed
Purr	Meme	Stored	No match

Infra is NAUT's Infrastructure tag. Confirmed means the account read back as the project and a second page named the same account. 1 source, which only ALTURAX carries, means the account read back as the project with no second page behind it, so this article does not count it with the 15. No match means the live account does not carry what NAUT stores, which is the case for Purr, Ramifi Protocol and Sentiment Protocol.

18 of the 20 carry Hyperliquid as their only chain tag. Happy Land and Ramifi Protocol also carry BNB Chain, and no other row in the 20 carries a second chain.

Which Hyperliquid ecosystem projects run a DEX?

6 of the 20 are exchanges or exchange front ends. 5 carry NAUT's DEX sector tag. The 6th, Onyx (prev. Sentiment), carries no sector tag at all and sits here on its own stored description, which says it is a trading platform reaching decentralized exchanges, automated market makers and prediction markets.

• Hybra Finance is a decentralized exchange on HyperEVM built around liquidity routing and trade execution, pairing intent-based trading with ve(3,3) tokenomics, with $HYBR as its token and a points program running.
• Project X Hyperliquid DEX is a HyperEVM exchange aimed at high-speed, low-slippage trading and on-chain liquidity depth, also running a points program.
• HypertradeX holds NAUT's DEX and Tools tags with no stored description. Its X profile, read on 8 November 2026, describes a HyperEVM exchange and aggregator that swaps between HyperEVM and HyperCore.
• NestExchange holds the DEX tag with no stored description. Its X profile describes a HYPE-aligned exchange and links usenest.xyz, which carries the same name.
• ALTURAX holds the DEX tag with no stored description and no second page behind its handle, so its NAUT record is the thinnest in this group. Its stored domain is app.altura.trade.

Anyone searching for HyperEVM projects lands on this same set, because HyperEVM is Hyperliquid's EVM layer and the stored text for Hybra Finance and Project X Hyperliquid DEX names it directly. For a BD team selling order flow, oracle feeds or market data, these 6 are the buyers whose whole product sits on 1 chain, so a Hyperliquid pitch reaches the roadmap rather than a queue behind 20 other chains.

Which projects lend, stake or route yield on Hyperliquid?

NAUT's stored tags put 9 of the 20 under DeFi. Sentiment Protocol's own stored description is an on-chain lending protocol, so this article groups it with them, which makes 10. Those 10 plus the 2 rows tagged Infrastructure are the lending, staking and yield layer under the exchanges above.

• Felix protocol is an on-chain financial services provider and one of the largest money markets on HyperEVM by TVL, offering spot and perpetual trading, tokenized spot and perpetual stocks, lending markets and its own stablecoin, feUSD. Alea Research wrote on 9 October 2025 that it "has become one of the largest native money market dApps on Hyperliquid, with $440M TVL, second to Hyperlend." NAUT's stored text adds that CoinLaunch research found no funding rounds and over $800K in cumulative revenue.
• hyperdrivedefi is a DeFi hub on Hyperliquid EVM pairing lending, liquid staking and vault strategies for more than 5 stablecoins plus the gas token $HYPE in 1 interface. NAUT's stored text cites CoinLaunch research for over $7M raised, with Delphi Ventures, Arrington Capital and Hack VC among the backers.
• Sentiment Protocol is an on-chain lending protocol for cross-collateralized portfolio positions across Hyperliquid and EVM L2s, using isolated pools and Super Pools. Its stored text cites Coinlaunch research for $3.4M raised since 2021. Its stored handle did not match the live account, so open the page before you write to it.
• ValantisLabs is stored as a modular exchange protocol under the DeFi and DEX tags, and its X profile, read on 8 November 2026, ties stHYPE to reduced trading fees on Hyperliquid.
• kinetiq_xyz holds the DeFi and Money Market tags with no stored description. Its stored domain is kinetiq.xyz, and the project's announcements channel names the same X account.
• ryskfinance carries no stored description. Its X profile offers upfront income on any asset, and its own docs name the same account.
• Looped Hype carries no stored description. Its X profile describes an automated looping protocol on staked HYPE, and loopingcollective.org describes the same LHYPE product.
• hypersurfaceX carries no stored description. Its X profile sells volatility as income, and its own docs name the same account.
• Ramifi Protocol is stored as an experimental elastic supply protocol based on commodities, aimed at denominating inflation. Its stored handle did not match the live account either, so treat the record as stale.
• Unit Plasma holds the DeFi tag with no description, no domain and no X handle, which makes it the thinnest record of the 20.
• HyperLend is stored as a digital asset lending platform under the Infrastructure tag, and it is the protocol the Alea Research line above puts ahead of Felix.
• stHYPE is a liquid staking solution for Hyperliquid under the Infrastructure and Stablecoins tags, and its X profile calls it the first liquid staking token for $HYPE.

The last 2 rows sit outside finance. Happy Land is a play-to-earn and farm-to-earn metaverse game tagged to BNB Chain and Hyperliquid, and Purr carries NAUT's Meme tag and the Hyperliquid chain tag. NAUT's stored text for Purr names an origin the outside read contradicted, so this article reports the tags and nothing more.

Which Hyperliquid-tagged rows are listed apart, and why?

28 of the 49 live Hyperliquid-tagged pages carry 3 or more chain tags on NAUT, which makes the chain 1 deployment among many rather than the product's home. They are real companies worth a call, with a different pitch.

The 8 widest each carry 21 or more chain tags: Symbiosis Finance and USDC at 30 apiece, CrossCurve and Pyth Network at 29, Hyperlane at 27, Fly (prev. Magpie Protocol) at 24, Redstone at 23 and InfinEx at 21. The other 20 run from Across Protocol at 15 down to Talus Network at 3, and besides Across Protocol they are ApeCoin, Based, Debridge, Derive, harmonixfi, HUMAN Protocol, Movement, Neiro, Nomina (prev. Omni Network), ORA, Pendle, Pudgy Penguins, Rekt, Resolv, SatLayer, Solv Protocol, Talus Network, Timeswap and Zama.

What do these Hyperliquid projects tell a BD team?

• The addressable set is small and reachable. 20 rows, 19 with a stored X handle, is a list 1 person can work in an afternoon.
• The 6 exchanges are the buyers for anything priced per trade or per feed, and the 12 lending, staking and infrastructure rows are the buyers for risk, audit and custody work.
• 3 of the 19 stored handles did not match the live account on 8 November 2026, so a handle is a starting point rather than a send address.
• 8 of the 20 rows carry no stored description (ALTURAX, hypersurfaceX, HypertradeX, kinetiq_xyz, Looped Hype, NestExchange, ryskfinance and Unit Plasma), so qualify them before they enter a sequence.

Related reading on NAUT: Decentralized exchanges list: 196 DEXs on NAUT, 37 run perps and Crypto ecosystem leads: 98 at 60 L1 and L2 chains.

Can you pull this data through the NAUT API?

Yes. GET https://api.naut.so/v1/projects?q=Hyperliquid&limit=100 returns the Hyperliquid-tagged company rows with their sector tags and X handles, and GET https://api.naut.so/v1/projects/felix-protocol returns 1 of them with its team, both GET calls carrying an Authorization: Bearer $NAUT_KEY header and priced at 5 credits each. The documented parameters sit at naut.so/docs/api and the credit bundles at naut.so/pricing. Verified Telegram, email and LinkedIn for the people on those project pages unlock on any paid NAUT plan, so start a 7-day trial to open them.

Hyperliquid ecosystem projects FAQ

What projects are building on Hyperliquid?

20 projects building on Hyperliquid hold a live NAUT page for that chain alone or close to it, read on 8 November 2026: 6 decentralized exchanges, 10 lending, staking and yield protocols, 2 infrastructure rows, 1 game and 1 meme coin. They include Felix protocol, hyperdrivedefi, HyperLend, stHYPE and Project X Hyperliquid DEX.

How many Hyperliquid-tagged rows on NAUT are multichain?

28 of the 49 live Hyperliquid-tagged project pages carry 3 or more chain tags, from InfinEx at 21 to Symbiosis Finance and USDC at 30 each, read on 8 November 2026. This article lists them apart because Hyperliquid is 1 deployment of many for them.

Which Hyperliquid projects run a decentralized exchange?

6 of the 20: ALTURAX, Hybra Finance, HypertradeX, NestExchange, Onyx (prev. Sentiment) and Project X Hyperliquid DEX. 5 carry NAUT's DEX sector tag and the 6th sits there on its own stored description.

Where can I find the teams behind these Hyperliquid ecosystem projects and their contact channels?

On NAUT. Each of the 20 project pages lists the people NAUT holds for that company, and GET https://api.naut.so/v1/projects?q=Hyperliquid&limit=100 returns the same rows through the API at 5 credits a call. Verified Telegram, email and LinkedIn unlock on any paid NAUT plan, so start a 7-day trial to open them.

Sources

• NAUT's own database, read on 8 November 2026: 54 company rows tagged with the Hyperliquid chain, with their sector tags, chain tags, stored descriptions, domains and X handles.
• Alea Research, 9 October 2025, on where Felix protocol sits among HyperEVM money markets: Felix Protocol, native money markets.
• 19 outside handle reads, 1 per stored X handle, each against the account itself plus a second page where one existed: the project's own site for Hybra Finance, HyperLend, NestExchange, Project X Hyperliquid DEX and ValantisLabs; the project's docs for HypertradeX, hypersurfaceX and ryskfinance; DefiLlama for Felix protocol; the announcements channel for kinetiq_xyz.
• 2 outside reads of stored descriptions: the Felix protocol money market line, confirmed and quoted above, and the Purr origin line, contradicted and left out.
• Gaps in NAUT's data, named here rather than hidden: Bounce Tech and Synapse Protocol are marked ready to publish with no slug; Unit Pump carries a generic description with no domain, handle or sector tag; 8 of the 20 rows in the table carry no stored description. Onyx (prev. Sentiment) and Sentiment Protocol were checked for a duplicate and hold 2 different products with 2 different handles.