# Hyperliquid vs OKX API (slim)

> OKX scores 64.3 (B) to Hyperliquid's 50 (D) for exchange derivatives. Prices, MCP, x402, uptime and agent notes side by side.

- Full: https://www.anchorterminal.com/compare/hyperliquid-vs-okx.md (~4,800 tokens) · this version ~2,680 tokens · JSON https://www.anchorterminal.com/compare/hyperliquid-vs-okx.json · canonical https://www.anchorterminal.com/compare/hyperliquid-vs-okx
- Index: https://www.anchorterminal.com/llms.txt · API: https://www.anchorterminal.com/api/v1/index.json · MCP: https://www.anchorterminal.com/mcp · Updated: 2026-11-03
- Licence: CC BY 4.0, credit Anchor Terminal and link this page (https://www.anchorterminal.com/terms/#data)

OKX API scores 64.3 (B) on agent readiness against Hyperliquid's 50 (D), and leads in 6 of 7 scored categories. Hyperliquid leads on payments & pricing. Both do exchange derivatives.

- Hyperliquid: D 50, rank #1018 of 1349 · https://www.anchorterminal.com/tools/hyperliquid.min.md
- OKX API: B 64.3, rank #413 of 1349 · https://www.anchorterminal.com/tools/okx.min.md
- Hyperliquid, good for An agent trading perpetuals or spot on chain from its own wallet with no account, or acting for a master account through an approved API wallet. Ahead on Payments & pricing, 55 against 20.
- OKX API, good for An agent trading spot, perpetuals, futures or options on a person's OKX account from a local machine, with demo trading to test first and grid or DCA bots through the kit. Ahead on Reliability, 65 against 40; Schema & documentation, 73 against 42; Agent ergonomics, 77 against 70; Maintenance & community, 81 against 39; Transparency & trust, 62 against 26. Also Runs on your own machine; Free to start without a card.

| Category | Hyperliquid | OKX API |
| --- | --- | --- |
| Reliability (16%) | 40 | 65 |
| Performance (10%) | pending | pending |
| Schema & documentation (13%) | 42 | 73 |
| Agent ergonomics (13%) | 70 | 77 |
| Security & auth (14%) | 64 | 68 |
| Payments & pricing (10%) | 55 | 20 |
| Task success (10%) | pending | pending |
| Maintenance & community (7%) | 39 | 81 |
| Transparency & trust (7%) | 26 | 62 |

| Fact (where they differ) | Hyperliquid | OKX API |
| --- | --- | --- |
| Vendor | Hyperliquid Labs | OKX |
| Transports |  | stdio |
| Auth | OAuth or key | API key |
| Licence | The exchange runs on the Hyperliquid chain (HyperCore), whose node is distributed as a binary under an Apache-2.0 repository; the Python and Rust SDKs are MIT. The API servers and front end are closed | Proprietary hosted service under OKX's Terms of Service (29 October 2026) and API Agreement (28 July 2026). The Agent Trade Kit (MCP server, CLI and skills) is MIT |
| Tools exposed | 0 | 170 |
| Read-only variant documented | no | yes |
| Last release | 2026-06-04 | 2026-10-28 |
| Terms last updated | couldn't be read | 2026-10-29 |
| Privacy policy last updated | no document linked | couldn't be read |
| Customer content may train models | couldn't be read | not found in the text |
| Terms restrict automated access | couldn't be read | not found in the text |
| Terms restrict benchmarking | couldn't be read | not found in the text |
| Terms or service can change without notice | couldn't be read | yes |
| Arbitration or class-action waiver | couldn't be read | yes |
| Popularity | 1.9k stars, 167k PyPI/wk | 499 stars, 1.8k npm/wk |

Why the edge:
- Maintenance & community, OKX API +42: Hyperliquid 39 (Read as a closed hosted service with open SDKs. The API has no dated changelog, so the last dated change is the Python SDK's 0.24.0 on 4 June 2026, 152 days before this check; the node repository was pushed on 10 August 2026 and the docs describe newer actions (HIP-4 outcome markets, borrow and lend) without dates. Judgement call (10 of 30). No three dated releases in 90 days (0). Support through Discord and the docs' FAQ, 112 open issues on the SDK whose replies couldn't be read (8 of 25). Official Python and Rust SDKs, the Rust one last pushed 21 October 2025; no MCP registry entry (15). CI on Python 3.9 and 3.13 with Poetry, Dependabot badge, a lock file (6 of 10). Total 39.); OKX API 81 (Read as a closed service with an open-source kit. Changelog entry of 27 October 2026 and kit v1.5.0 on 28 October (30). Changelog entries on 3, 6, 11, 18, 20 and 26 August, 15, 29 and 30 September and 27 October, and kit releases on 20 and 21 August, 1, 7, 14 and 23 September, 19 and 28 October (20). A public changelog, a Telegram community for the kit and GitHub issues whose replies were not read (10 of 15). python-okx is named as the official SDK and the kit is current; the MCP server is not in the official registry (12 of 15). The kit runs CI on push and pull request across Node 18, 20 and 26 with unit tests and coverage (9 of 10). 30 + 20 + 10 + 12 + 9 = 81.)
- Transparency & trust, OKX API +36: Hyperliquid 26 (The editorial half. The SDKs are MIT and the node repository Apache-2.0 with a Dockerfile around a binary; the API servers and front end are closed and the terms were unreadable (12 of 30). No privacy policy read and nothing in the docs on data handling (0 of 30). Deprecated actions are marked in the docs without dates or a policy (8 of 20). No subprocessors or data locations (0 of 20). Total 20.); OKX API 62 (The editorial half. A closed service with terms that name the contracting entities by region and an API Agreement for agents; the kit is MIT (17 of 30). The privacy policy was not read (5 of 30). The changelog dates sunsets and labels breaking changes, such as port 8443 on 31 October and 16 November 2026 (16 of 20). No subprocessor or data-location statement read; the MCP server is local and its npm package runs a postinstall script whose purpose we did not trace (0 of 20). 17 + 5 + 16 + 0 = 38.)
- Payments & pricing, Hyperliquid +35: Hyperliquid 55 (No machine payment protocol (0). Fees published per tier without login (20). No card anywhere; public info endpoints are free and the testnet faucet gives 1,000 mock USDC, though only to an address that has deposited on mainnet (15 of 20). No signup; an agent with a funded EVM wallet deposits USDC on a bridged chain and trades, subject to the unread terms (20). Total 55.); OKX API 20 (No machine payment protocol (0). The fee table loads by script and the fee FAQ defers to the logged-in view, so no rate was read (0 of 20, unchecked). Public market data and demo trading need no funded account or card (20). A person signs up, verifies and mints a key (0). 0 + 0 + 20 + 0 = 20.)
- Schema & documentation, OKX API +31: Hyperliquid 42 (No OpenAPI or other machine-readable contract; request and response shapes are tables and JSON examples in the docs (0 of 25). llms.txt and a Markdown twin of every page by appending .md (10). Each info type and exchange action has a short description of what it does, and the signing page lists common mistakes, but little says when to use one call over another (12 of 20). Fields are one-letter keys (`a`, `b`, `p`, `s`, `r`, `t`, `c`) with numbers as strings, enums such as `tif` Alo, Ioc or Gtc, and required fields marked in tables (9 of 15). An example for every call and a list of order and cancel error strings, with no HTTP error table (11 of 15). No API version, no changelog and no dated release notes; deprecated actions such as `userDexAbstraction` are marked in place (0 of 15). Total 42.); OKX API 73 (No OpenAPI file was found in the V5 docs; the kit's tool definitions are typed TypeScript with annotations, and the organisation has an undescribed ai-builder-openapi-md repository we did not read (12 of 25). okx.com/llms.txt exists and links the API and Agent Trade Kit pages, though the V5 docs have no Markdown twins (5 of 10). Each endpoint states its rate limit, rule, parameters and notes (15 of 20). Enums for ordType, tdMode and instType with required flags (12 of 15). Request and response examples per endpoint and an error code list with messages (14 of 15). A dated changelog with an upcoming-changes section that labels breaking changes and dates sunsets (15). 12 + 5 + 15 + 12 + 14 + 15 = 73.)
- Reliability, OKX API +25: Hyperliquid 40 (Read with the hosted lines on the REST API at api.hyperliquid.xyz, the surface an agent calls; the chain behind it is noted under details. No status page found in the docs, on hyperliquid.xyz or at status.hyperliquid.xyz, which did not resolve (0). No readable history (5). Rate limits documented with numbers per IP, per address and per WebSocket connection (15). When limited, an address gets one request every 10 seconds; no 429 shape or Retry-After is documented, but `cloid`, per-signer nonces, `expiresAfter` and `noop` make retries safe (10 of 15). No SLA (0). Mainnet is generally available (10). 0 + 5 + 15 + 10 + 0 + 10 = 40.); OKX API 65 (Read with the hosted lines on the V5 REST API. okx.com/status is OKX's own page with issue descriptions, maintenance notices and deposit and withdrawal status, but no component history or feed (10 of 20). It lists no incident between 5 August and 3 November 2026; its newest entry is from March 2024, and whether every incident reaches the page cannot be told, so read as clean with a doubt (20 of 30). Rate limits per endpoint, per User ID and per sub-account with numbers, and WebSocket limits (15). Error 50011 on a limit, a clOrdId on orders and a cap of 3 amendments in flight, but no Retry-After or backoff guidance found (10 of 15). No SLA (0). Generally available (10). 10 + 20 + 15 + 10 + 0 + 10 = 65.)
- Agent ergonomics, OKX API +7: Hyperliquid 70 (An API, read for response sizing. Time-range calls return at most 500 blocks of data, fills and historical orders cap at 2,000 items, candles at 5,000, l2Book at 20 levels a side (18 of 25). Cursor-by-timestamp pagination on fills and funding, filtering by coin or dex, no field selection (14 of 20). Order errors are documented strings per order, one batch-level error rejects a batch, and `orderStatus` answers `unknownOid`; no codes and no rate-limit error shape (12 of 20). `cloid`, per-signer nonces within a time window, `expiresAfter`, `noop` to burn a nonce and `scheduleCancel` as a dead man's switch (18 of 20). Few required fields, but signing needs msgpack field order, two EIP-712 schemes and lowercase addresses, and the official SDKs are Python (Alpha) and Rust only (8 of 15). Total 70.); OKX API 77 (limit parameters on books, candles and history, and in the kit --modules and --read-only narrow 170 tools to the three default modules; no field selection (17 of 25). after, before and limit cursors on history endpoints (18 of 20). Numeric codes with messages, such as 51020 for an invalid quantity, and the kit returns a structured error block with code, message and endpoint (17 of 20). clOrdId on orders, batch endpoints and a cap of 3 amendments in flight; the kit sets readOnlyHint on query tools but destructiveHint false on order tools and has no idempotency key (13 of 20). python-okx, the CLI and a demo profile, with passphrase and HMAC signing on every private call (12 of 15). 17 + 18 + 17 + 13 + 12 = 77.)