# Hummingbot: Free Open Source Alternative to 3Commas

Canonical: https://caniforkit.com/fork/hummingbot
Last updated: 2026-11-07

Hummingbot (Open Source, Open Source) replaces 3Commas. Automate crypto trading strategies with a powerful, customizable platform. Connect to multiple exchanges and optimize your market making.

## Tool Specifications
- **Tool Name**: Hummingbot
- **Type**: Open Source Project
- **License**: Open Source
- **Official Website**: https://hummingbot.org
- **GitHub Repository**: https://github.com/hummingbot/hummingbot
- **GitHub Stars**: ★ 21k
- **Runs On**: Local
- **Maintenance Status**: nov 2026
- **Platforms**: desktop, cross-platform, one-click install
- **Data Storage**: All application data lives locally on your own machine.
- **Installation**: Clone https://github.com/hummingbot/hummingbot or deploy with Docker Compose
- **Setup Requirements**: Download the native package or installer for your operating system.
- **The Catch / Limitation**: Community-driven open source project without dedicated enterprise SLAs.

## Paid SaaS Applications Replaced (1)
Replacing these paid tools with Hummingbot saves up to $15/mo ($180/yr) in software subscriptions:

| Replaced Software | Category | SaaS Price | Comparison Guide |
| --- | --- | --- | --- |
| [3Commas](https://caniforkit.com/3commas) | [automation](https://caniforkit.com/category/automation) | $15/mo | [Compare 3Commas vs Hummingbot](https://caniforkit.com/vs/3commas-vs-hummingbot) |

## Frequently Asked Questions

### Is Hummingbot free and open source?
Hummingbot is an open source tool licensed under Open Source that runs on local. Automate crypto trading strategies with a powerful, customizable platform. Connect to multiple exchanges and optimize your market making.

### What is the trade-off or limitation of using Hummingbot?
Community-driven open source project without dedicated enterprise SLAs.

## Related

- [Self-Hosted Open Source Directory](https://caniforkit.com/self-hosted)
- [All Paid SaaS Alternatives Index](https://caniforkit.com/alternatives)
- [Software Categories Directory](https://caniforkit.com/categories)
- [Homepage](https://caniforkit.com)