Onyx is a pro-level trading terminal that has evolved from a Sentiment xyz project and is built on top of Hyperliquid, which enhances the native UI with more advanced tools and features. It supports perpetual trading with leverage up to 100x and access to 100+ assets, including HIP-3 markets.
Users can also join the upcoming points program to qualify for a potential Onyx airdrop, with points earned most likely through active trading and referrals.
According to Coinlaunch research, Onyx raised $3.4M from Castle Island Ventures, Archetype Ventures, Matrixport, and others.
Please be aware that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch doesn’t provide financial advice, nor does it intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.
Onyx is an innovative trading terminal built on top of Hyperliquid, offering a more advanced and streamlined on-chain trading experience.
It has evolved from Sentiment xyz - one of the earliest Hyperliquid terminals. Onyx was created for newbies and experienced traders. Onyx offers a wide range of order types, including stop-market, stop-limit, TWAP, and scale orders, allowing users to execute strategies with precision.
Onyx taps directly into Hyperliquid’s liquidity, giving access to 100+ assets, including major tokens, HIP-3 pairs, and emerging altcoins, while benefiting from a permissionless listing system that removes reliance on centralized approvals.
🪙 Onyx token: As of March 2026, no official details have been disclosed, and neither the ticker nor the launch date has been confirmed. However, with the ongoing Onyx points campaign, tokenomics updates, and a potential airdrop are likely to be announced at any time.
Users can also participate in the upcoming points program to become eligible for a potential Onyx airdrop and earn rewards for trading and referrals.
The CoinLaunch team analysed Onyx and identified some pros and cons to consider before participating in future token sales or in a potential airdrop:
✅ Onyx pros:
📛 Onyx cons:
Onyx is an advanced trading terminal built on top of Hyperliquid, extending the native interface with more powerful tools and functionality. It enables perpetual trading 24/7 with up to 100x leverage and provides access to over 100 assets, including HIP-3 markets.
In March 2026, the project had not yet launched its Points program, but according to the docs, it is expected to go live soon. Most likely, users will earn points through active trading on the platform and referrals. To help users participate, we’ve prepared a step-by-step guide on how to get involved and position yourself for a potential Onyx airdrop.
<a href="https://coinlaunch.space/projects/onyx/" title="Onyx (N/A)" target="_blank"><img src="https://coinlaunch.space/media/widgets/0/onyx.png" width="224" alt="Onyx (N/A)"></a>