Can I trade perps with Rabby?

Not inside Rabby itself. Rabby is a signing wallet: you connect it to a perps frontend and it handles the approvals safely. Based builds the trading experience in directly, with Hyperliquid markets, a portfolio and a card in one app.

Is Rabby safer than Based?

They solve different problems. Rabby's transaction simulation protects you when signing arbitrary DeFi transactions across EVM chains. Based is a self-custody trading app for Hyperliquid markets; your keys and collateral stay under your control either way.

Can I trade stocks with Rabby?

Not directly. Rabby has no built-in stock or perp markets. Through Based you trade perpetual futures on Hyperliquid tracking stocks like MU, SK Hynix and Samsung, 24/7, from a self-custodial wallet. These are derivatives, not shares, with liquidation risk and funding fees.

Which chains does each wallet cover?

Rabby covers 100+ EVM chains and nothing outside the EVM world. Based is built around Hyperliquid for trading and supports coin swaps on Solana, BSC and Robinhood Chain.

Comparison

Based vs Rabby

Rabby is the DeFi-native EVM wallet by DeBank, known for simulating every transaction before you sign it.Based is a self-custody wallet for trading Hyperliquid's 24/7 markets. Different tools built on different assumptions. Here is how they actually compare, without trash talk.

Side by side

Feature	Based	Rabby
What it is	A self-custody wallet for trading on Hyperliquid, a decentralised platform. Not a broker.	An open-source self-custody wallet for Ethereum and EVM chains, built by the team behind the DeBank portfolio tracker.
Chain focus	Purpose-built around Hyperliquid trading, with coin swaps on Solana, BSC and Robinhood Chain.	EVM only, across 100+ networks with automatic chain switching.
Custody	Self-custodial. Assets stay in a wallet you control; Based never holds them.	Self-custodial and fully open source, with hardware wallet support.
Standout strength	A consumer trading experience: markets, portfolio, card, cash products and research unified in one app.	Pre-signature transaction simulation that shows exactly what a transaction will do, plus risk scanning and approval management.
Perp trading	Perpetual futures on Hyperliquid tracking US and Asian stocks, plus crypto perps and prediction markets. Derivatives with liquidation risk and funding fees, not share ownership.	No built-in perps product. You connect Rabby to a perps frontend yourself, as the signing wallet.
Stock perps	Yes. Stock perps on Hyperliquid covering names like MU, SK Hynix, Samsung, SpaceX, CXMT and Unitree, alongside commodities, indices and FX.	Not directly. Any stock perp exposure goes through a separate frontend you connect to yourself.
Around trading	Based Cash, a Visa card for spending crypto balances, plus rewards on USD balances, Based AI research, and coin swaps on Solana, BSC and Robinhood Chain.	Built-in swap aggregation and multi-chain portfolio tracking from DeBank.
Fees	No commissions. All-in from 0.011% taker and 0.005% maker on stock perps, discounts for staking.	The wallet is free to use. Swaps through its built-in aggregator carry a service fee.

Who Based suits

Based suits people who want to trade, full stop. It is a consumer app on iOS, Android and web with the full Hyperliquid range: stock perps on names like MU, SK Hynix, Samsung, SpaceX, CXMT and Unitree, crypto perps and prediction markets, plus the card and cash products around the trading.

Who Rabby suits

Rabby suits DeFi power users who sign complex transactions every day and want to see exactly what each one does before it happens. Its simulation and approval tooling are best in class for EVM DeFi. It is a signing wallet first, not a trading app.

Want the mechanics behind the differences? How trading without a broker works and market hours vs 24/7 trading cover them in plain terms. Or jump straight to a market: NVDA, TSLA or the full markets list.

Frequently asked questions

Can I trade perps with Rabby?: Not inside Rabby itself. Rabby is a signing wallet: you connect it to a perps frontend and it handles the approvals safely. Based builds the trading experience in directly, with Hyperliquid markets, a portfolio and a card in one app.
Is Rabby safer than Based?: They solve different problems. Rabby's transaction simulation protects you when signing arbitrary DeFi transactions across EVM chains. Based is a self-custody trading app for Hyperliquid markets; your keys and collateral stay under your control either way.
Can I trade stocks with Rabby?: Not directly. Rabby has no built-in stock or perp markets. Through Based you trade perpetual futures on Hyperliquid tracking stocks like MU, SK Hynix and Samsung, 24/7, from a self-custodial wallet. These are derivatives, not shares, with liquidation risk and funding fees.
Which chains does each wallet cover?: Rabby covers 100+ EVM chains and nothing outside the EVM world. Based is built around Hyperliquid for trading and supports coin swaps on Solana, BSC and Robinhood Chain.

Start in three steps

Step 1
Connect a wallet
Any self-custodial wallet works. No account application, no paperwork.
Step 2
Fund it
Deposit USDC. You do not need a bank account to do it.
Step 3
Trade 24/7
Stock perps, crypto perps and prediction markets. Nights, weekends, holidays.

Open Based How self-custody works

Based is a self-custody wallet, not a broker. Markets are perpetual futures on Hyperliquid: derivatives with liquidation risk and funding fees, not the underlying stocks or coins.