Comparison
Ninja Terminal vs Hyperdash
Facts about Hyperdash were checked against their official site on . Tools change — confirm current details with each vendor.
Updated Ninja Terminal team
The short version
Hyperdash is a Hyperliquid-focused platform for perpetuals, spot, HIP-3 markets and prediction markets, with advanced order types, copy trading, wallet analytics and a builder fee. Ninja Terminal connects Binance, OKX, Bybit and Hyperliquid accounts in one browser workspace, with Quick Entry, routing across accounts and integrated news. Hyperdash fits Hyperliquid-only traders; Ninja Terminal fits multi-exchange traders.
Hyperdash and Ninja Terminal overlap on Hyperliquid, but they are built for different jobs. Hyperdash is a Hyperliquid platform that combines trading with on-chain analytics such as wallet profiles, cohort positioning and leaderboards. Ninja Terminal is a multi-exchange trading workspace where Hyperliquid is one of four venues.
This page was checked against Hyperdash’s own documentation on 2026-10-15. Features and fees change, so confirm them on their site.
At a glance
| Ninja Terminal | Hyperdash | |
|---|---|---|
| Exchanges | Binance, OKX, Bybit, Hyperliquid | Hyperliquid only, per its docs |
| Markets | Binance Spot, USD-M and COIN-M futures; OKX Spot and perpetual swaps; Bybit Spot, linear and inverse perpetuals; Hyperliquid perpetuals, Spot and HIP-3 builder markets | Crypto perpetuals, RWA perpetuals (HIP-3), spot, prediction markets, perp RFQ in private beta |
| Order tools | Market, Limit, Stop, Stop Limit; TP/SL at entry; Quick Entry commands with routing and splitting across accounts | Market, limit, scale, conditional, TP/SL, trailing stop, chase, TWAP, chase TWAP, swarm; one-click Quick Trade; copy trading |
| News | Real-time feed from TreeNews, Phoenix, BWE, Telegram and X; sentiment coloring; coin chips load Quick Entry | No news feed described; a public Telegram alerts channel and in-app alerts |
| Mobile | Mobile layout with chart, trade, positions, news and push notifications | Not stated in their docs |
| Key storage | AES-256-GCM encrypted, stored on your device | Agent key generated in the browser and encrypted before storage; cannot withdraw funds |
| Pricing and access | Included with Ninja Squad Pro membership or higher | No subscription stated; builder fee of 1.5 bps on perps and 3 bps on spot and prediction markets |
Where Hyperdash is stronger
- Hyperliquid depth. Its docs cover perpetuals, spot, HIP-3 RWA markets, prediction markets and a block-size RFQ product, all in one place.
- Advanced order types. Chase, TWAP, chase TWAP, swarm, scale, conditional and trailing stop are documented. Ninja Terminal does not list these.
- On-chain analytics. Wallet profiles, cohort positioning, a leaderboard, liquidation heatmaps and portfolio analytics are built in.
- Copy trading. It can mirror or counter up to 10 traders from a dedicated wallet.
- Onboarding options. Sign in with Google, Apple, email or an EVM wallet, and fund the account from many networks and exchanges.
Where Ninja Terminal is stronger
- Four exchanges in one workspace. Binance, OKX, Bybit and Hyperliquid, with several accounts per exchange, each nicknamed. See the Hyperliquid page and the API wallet guide.
- Command-line orders with routing. Quick Entry takes
btc l 100k, previews live and places on Enter. Smart routing can pick the best account or split across several, with checks for flips, margin ratio, equity reserve and liquidation distance. - Integrated real-time news. Headlines carry sentiment coloring, detected coins become chips, and a click loads Quick Entry. See the news feed.
- Cross-venue analytics. Realized PnL, win rate, profit factor and fees by symbol and by exchange across all connected venues. See trading analytics.
- Keys stay on your device. Keys are encrypted with AES-256-GCM and stored in your browser, with an IP whitelist at setup. Hyperdash also uses withdrawal-incapable agent keys, so this is a shared design choice for Hyperliquid.
Which should you choose?
| If you are… | Consider |
|---|---|
| Trading only on Hyperliquid and wanting TWAP, chase or scale orders | Hyperdash |
| Researching wallets, cohorts and liquidations as part of trading | Hyperdash |
| Interested in copy trading or prediction markets | Hyperdash |
| Running Binance, OKX, Bybit and Hyperliquid accounts side by side | Ninja Terminal |
| Reacting to news with one-click, amount-first entries | Ninja Terminal |
| Wanting one analytics view across several exchanges | Ninja Terminal |
Ninja Terminal is not an exchange, custodian or broker, and nothing here is investment advice.
Frequently asked questions
Does Hyperdash support exchanges other than Hyperliquid?
Hyperdash's docs describe trading on Hyperliquid markets: crypto perpetuals, RWA perpetuals via HIP-3, spot and prediction markets. The docs do not list centralized exchanges. Ninja Terminal connects Binance, OKX and Bybit as well as Hyperliquid.
What does Hyperdash charge?
Hyperdash's fee page states a builder fee of 1.5 basis points on perpetuals and 3 basis points on spot and prediction markets, on top of Hyperliquid's own fees. Referral codes reduce the builder fee by 10 percent.
Can I use my own Hyperliquid account in both?
Yes. Hyperdash lets you import an existing Hyperliquid account by connecting the wallet and approving an agent key and its builder. Ninja Terminal connects Hyperliquid with an API wallet; see the setup guide.
Sources
- Hyperdash documentation (overview)
- Hyperdash: Order types
- Hyperdash: Fees, Referrals and Rewards
- Hyperdash: API Wallets and Security
- Hyperdash: Onboarding and Deposits
- Hyperdash: Telegram Flows