map · bluechip score · HyENA vs Silhouette

HyENA vs Silhouette

SwanBluechip verdict

SwanBluechip rates HyENA 8/10 versus Silhouette 7/10, so HyENA is the higher-conviction pick today — but the right call depends on what you need. Compare the takes below.

MetricHyENASilhouette
SwanBluechip Score8/10 · Strong7/10 · Strong
CategoryPerpsPerps
StatusPoints LiveFarmable
AirdropPoints LiveTGE Pending
TVLMidMid
HIP layerHIP-3—
Referral available—Yes
HyENA 8/10 · Strong

USDe-margined HIP-3 perps DEX from Ethena × Based — idle collateral earns yield while you trade.

Full HyENA review → Visit HyENA ↗
Silhouette 7/10 · Strong

First on-chain dark pool on Hyperliquid — orders match privately inside TEEs, settle on-chain. RockawayX-backed.

Full Silhouette review → Start with Silhouette (referral)
The SwanBluechip Score is independent editorial opinion, not financial advice. See the methodology, or browse the full ecosystem map. SwanBluechip earns referral credits on some outbound links.