Hyperliquid: Zero Gas Perpetual DEX
Our referral code cuts fees 4% for your first $25M of volume; staking HYPE cuts up to 40% more. Perp maker 0.015% / taker 0.045%, zero gas. The referral code gives a 4% fee discount on your first $25M in volume, not cash rebates. Vaults and sub-accounts are excluded.
Data scope: Fees use CoinRebate’s fee snapshot (default VIP0 tier, excluding platform-token discounts and VIP tiers); use the official fee page for the current rate; fees follow the platform’s rules. Last updated: .
This page’s data can be recalculated through the public /api/v4/agent-route endpoint
ℹ️ How fees work
Our referral code cuts fees 4% for your first $25M of volume; staking HYPE cuts up to 40% more. Perp maker 0.015% / taker 0.045%, zero gas. The referral code gives a 4% fee discount on your first $25M in volume, not cash rebates. Vaults and sub-accounts are excluded.
📊 Fee Schedule
| Type | Maker | Taker | After Rebate |
|---|---|---|---|
| Spot | 0.04% | 0.07% | 0.07% |
| Futures | 0.015% | 0.045% | 0.045% |
💡 基础档(官方 GitBook,2026-08 核);推荐码再减 4%(首 $25M 交易量),HYPE 质押最高再减 40%,详见下方说明。Zero gas。
✨ Key Features
✅ Pros
- •Zero gas fees
- •CEX-like speed on L1
- •Full self-custody
- •On-chain orderbook transparency
❌ Cons
- •Requires MetaMask setup
- •Limited spot trading
- •Newer platform with less track record
❓ FAQ
▸How does Hyperliquid have zero gas fees?
Hyperliquid runs on its own L1 blockchain (HyperBFT), eliminating Ethereum gas costs entirely.
▸Is Hyperliquid safe?
Hyperliquid is fully self-custody — you control your keys. The on-chain orderbook provides full transparency.
▸Do I need KYC for Hyperliquid?
No. As a DEX, Hyperliquid requires no KYC. Connect your MetaMask wallet to start trading.
🔄 Hyperliquid’s three stacking fee discounts, explained
Hyperliquid has no traditional rebate, but its official docs define three stackable discounts: a 4% referral discount, up to 40% via HYPE staking, and volume tiers. Base fees: perps 0.045% taker / 0.015% maker; spot 0.070% taker / 0.040% maker.
Layer 1: referral discount (everyone)
Conditions: Enter via a referral code; does not apply to vaults or sub-accounts.
How: A 4% fee discount on your first $25M of volume — automatic when you enter through the link on this page.
Layer 2: HYPE staking discount (stacks with layer 1)
Conditions: Stake HYPE; tiers: >10 → 5%, >100 → 10%, >1,000 → 15%, >10,000 → 20%, >100,000 → 30%, >500,000 → 40%.
How: Stake HYPE on Hyperliquid and the tiered discount applies platform-wide automatically.
Layer 3: volume tiers + a bonus
Conditions: Fees step down with 30-day volume; once you trade $10,000 you can create your own referral code.
How: Your own code earns 10% of your referees’ fees on their first $1B of volume.
ℹ️ Source: official Hyperliquid GitBook docs (as of Aug 2026). The referral discount does not apply to vaults or sub-accounts; the live docs are authoritative.
Our referral code cuts fees 4% for your first $25M of volume; staking HYPE cuts up to 40% more. Perp maker 0.015% / taker 0.045%, zero gas. The referral code gives a 4% fee discount on your first $25M in volume, not cash rebates. Vaults and sub-accounts are excluded.