head to head · open source
Hummingbot vs Formance
Hummingbot has 20,039 GitHub stars, 4,934 forks, 160 open issues and last shipped yesterday. Formance has 525 stars, 67 forks, 1 open issues and last shipped 2 days ago. Hummingbot leads on adoption by 3,717% (20,039 vs 525 stars). Hummingbot is written in Python under Apache-2.0; Formance is written in Go under a custom or non-standard licence. Hummingbot has attracted 25% as many forks as stars, Formance 13%. Hummingbot was the more recently maintained of the two, and both are self-hostable with no licence fee.
Two open source projects, one decision. Both are free and self-hostable — the differences are community size, license terms, language stack and release pace.
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Side by side
| Hummingbot | Formance | |
|---|---|---|
| GitHub stars | ★ 20K | ★ 525 |
| License | Apache-2.0 | Custom / other |
| Written in | Python | Go |
| Last push | 2026-09-17 | 2026-09-16 |
| Forks | ⑂ 4.9K | ⑂ 67 |
| Self-hosting | Yes | Yes |
| Data ownership | Your server | Your server |
pick Hummingbot if
- You weight community size — 20K stars and counting
- You want the Apache-2.0 license terms
- Your stack matches Python
- You value the larger contributor base for long-term maintenance
pick Formance if
- You want the Formance feature set and don't need the biggest community
- You prefer the Custom / other license terms
- Your stack matches Go
- You evaluated both and Formance fits your workflow better
About Hummingbot
Hummingbot is an open source Python framework for building and deploying automated crypto trading bots. It operates in the algorithmic trading ecosystem for centralized and decentralized exchanges, with topics including market making, arbitrage, HFT, backtesting, DeFi, and AI agents. The project is licensed under Apache 2.0, and the public repository reports 20,002 stars and 4,924 forks.
read the full Hummingbot overview →
About Formance
Formance is an open source, modular developer platform written in Go for building and operating complex money flows of any size and shape, aimed at fintech engineers and platform teams who need to record internal financial transactions and move money without assembling that infrastructure from scratch.
read the full Formance overview →
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Frequently asked questions
Is Hummingbot or Formance more popular?
Hummingbot has 20,039 GitHub stars and Formance has 525. Hummingbot has the larger community by that measure.
Are Hummingbot and Formance free?
Both are open source. Hummingbot is licensed under Apache-2.0, and Formance has no licence declared in this registry. Both are free to self-host.
What is the difference between Hummingbot and Formance?
Hummingbot is written in Python and Formance in Go. The practical differences are community size, licence terms, language stack and release cadence — all compared in the table above.
Which should I choose, Hummingbot or Formance?
Choose Hummingbot if you want the larger community (20,039 stars) or its Apache-2.0 licence terms. Choose Formance if its feature set, stack or Custom / other licence fits better. Both are self-hostable.