Onyx (N/A)

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.

On October 10, 2026, the project announced a shutdown with servers working until October 30, 2026. 

🪙 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: 

• Above average Growth Marketing;
• Has reputable backers (Castle Island Ventures, Archetype Ventures);
• Has reputable partners (Hyperliquid);
• Early ongoing Points Program.
   

📛 Onyx cons: 

• Token is not confirmed;
• Has no public security audits;
• Weak SEO, SMM, Influencer Marketing and PR Performance.