head to head · open source
Hummingbot vs Formance
Hummingbot has 20,913 GitHub stars, 5,089 forks, 160 open issues and last shipped 14 days ago. Formance has 533 stars, 73 forks, 1 open issues and last shipped 5 days ago. Hummingbot leads on adoption by 3,824% (20,913 vs 533 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 24% as many forks as stars, Formance 14%. Formance 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 | ★ 21K | ★ 533 |
| License | Apache-2.0 | Custom / other |
| Written in | Python | Go |
| Last push | 2026-10-20 | 2026-10-29 |
| Forks | ⑂ 5.1K | ⑂ 73 |
| Self-hosting | Yes | Yes |
| Data ownership | Your server | Your server |
pick Hummingbot if
- You weight community size — 21K 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 framework that helps you design and deploy automated trading strategies, or bots , that can run on many centralized or decentralized exchanges. Over the past year, Hummingbot users have generated over $34 billion in trading volume across 140+ unique trading venues. The Hummingbot codebase is free and publicly available under the Apache 2.0 open source license. Our mission is to democratize high frequency trading by creating a global community of algorithmic traders and developers that share knowledge and contribute to the codebase. Quick Links Website and Docs: Official Hummingbot…
read the full Hummingbot overview →
About Formance
Formance Stack • Formance is a highly modular developer platform to build and operate complex money flows of any size and shapes. It comes with several components, that can be used as a whole as the Formance Stack or separately as standalone micro services and libraries: Formance Ledger Programmable double entry, immutable source of truth to record internal financial transactions and money movements Formance Payments Unified API and data layer for payments processing Formance Numscript DSL and virtual machine monetary computations and transactions modeling ⚡️ Getting started with Formance Cloud Sandbox Install…
read the full Formance overview →
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Frequently asked questions
Is Hummingbot or Formance more popular?
Hummingbot has 20,913 GitHub stars and Formance has 533. 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 (20,913 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.