Comparison
Hyperliquid vs Arcus
Hyperliquid is a high-performance perpetuals DEX with a fully on-chain order book, centered on crypto but also listing builder-deployed equity and commodity perps (HIP-3). Arcus is a perp DEX built by the dYdX team on Robinhood Chain, pairing off-chain matching with on-chain settlement and making tokenized single-stock and ETF perps a core, first-class offering. Both are live on Coinner with Grid, DCA, copy, and TradingView bots, Arcus adds the market maker, and both are self-custodial; Coinner runs bots on the perpetual markets of each, not spot. Here is how they compare.
Side by side
How they compare
| Feature | Hyperliquid | Arcus |
|---|---|---|
| Chain | Hyperliquid L1 (HyperBFT) | Robinhood Chain |
| Order book | Fully on-chain CLOB, gasless orders | Off-chain matching, on-chain settlement |
| Exchange lists | Crypto perps, builder-deployed equity & commodity perps (HIP-3), spot | Crypto, single-stock & ETF perps, plus spot Stock Tokens |
| Coinner runs bots on | Perps only (crypto + equity/commodity); not spot | Perps only (crypto + stock/ETF); not spot Stock Tokens |
| Markets | 200+ perpetuals (mostly crypto; HIP-3 equity & commodity perps) | Crypto, single-stock, commodity & index ETF perps |
| Collateral | USDC | USDG |
| Max leverage | Up to 40x | Up to 50x |
| How Coinner connects | On-chain agent-wallet approval | Trade-only API key (wallet signature) |
| Custody | Funds stay in your account | Funds stay in your account |
| Withdraw permission | Never granted | Never granted |
| Order limits | Flat account-wide order cap | Flat account-wide order cap |
| Base fees | 0.045% taker / 0.015% maker (4% off via Coinner referral) | 0.0225% taker / 0% maker |
| Bots on Coinner | Grid, DCA, Copy, TradingView | Grid, DCA, Copy, TradingView, Market Maker |
| Copy-trading leaderboard | Yes | Yes |
| Sign-up reward | 4% off trading fees | None (sign-up through Coinner required) |
| Cost on Coinner | Free (referral commission share) | Free (referral commission share) |
Verdict
Which should you choose?
Choose Hyperliquid for sub-second, gasless crypto perps execution on a fully on-chain CLOB, plus 4% off your trading fees when you sign up through Coinner. Choose Arcus if you want to run bots on tokenized stocks and ETFs (NVDA, TSLA, SPY, QQQ) as well as crypto, 24/7 from a single USDG balance. Both run the same Grid, DCA, copy, and TradingView bots on Coinner, the market maker runs on Arcus, and you can connect both from one account.
FAQ
Frequently asked questions
Is Arcus live on Coinner?
Yes. Arcus is live today with Grid, DCA, copy, TradingView, and market maker bots, alongside Hyperliquid. The market maker is the one bot Hyperliquid does not run on Coinner.
What can Arcus trade that Hyperliquid cannot?
Arcus makes tokenized single-stock perps (NVDA, TSLA, AAPL) and commodity and index ETF perps (GLD, SPY, QQQ) a core, 24/7 offering. Hyperliquid is centered on crypto and also lists some builder-deployed equity and commodity perps via HIP-3, a smaller set. Coinner runs bots on the perpetual markets of each, not spot.
Can I use one account for both?
Yes. You connect Hyperliquid with an on-chain agent wallet and Arcus with a trade-only API key, both from the same Coinner account.
Run bots on both
Connect Hyperliquid and Arcus from one Coinner account and trade smarter.