Fee Schedule

Low Fees, Transparent Tiers, and Maker Rebates

Hyperliquid charges some of the lowest fees in the industry. Unlike Ethereum-based DEXs where you pay gas + trading fees, on Hyperliquid you pay Zero Gas and only a small trading fee when your order executes.

Base Fee Structure (Perpetuals & Spot)

By default, all new users start at the base tier.

Order Type	Fee Rate	Description
Maker (Limit)	0.0100%	You add liquidity to the order book.
Taker (Market)	0.0350%	You take liquidity from the order book.

💰 Discount: Use our referral link to get a permanent 4% Discount on Taker fees.

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VIP Tiers & Volume Discounts

Fees decrease as your 14-day trading volume increases.

Spot Volume Bonus: For VIP calculations, every $1 traded on Spot counts as $2 of volume.

Tier	14-Day Volume	Maker Fee	Taker Fee
Base	< $100k	0.0100%	0.0350%
VIP 1	> $100k	0.0080%	0.0300%
VIP 2	> $5M	0.0050%	0.0250%
VIP 3	> $25M	0.0000%	0.0200%

Market Maker Rebates (Get Paid to Trade)

If you provide significant liquidity (Limit Orders), you enter the MM Tiers. Instead of paying fees, the exchange pays you.

Tier	Maker Volume %	Maker Rebate
MM 1	Top 1%	-0.0010% (Paid to you)
MM 2	Top 0.1%	-0.0030% (Paid to you)

Note: Rebates are settled immediately in USDC.

Other Fees

Type	Cost	Notes
Gas Fees	$0.00	Subsidized by the protocol.
Deposits	$0.00	You only pay Arbitrum gas (~$0.10).
Withdrawals	$0.00	You only pay Arbitrum gas (~$0.10).
Liquidations	~1.0%	Penalty goes to Insurance Fund.
Funding	Variable	Paid hourly between Longs/Shorts.

Comparison: Hyperliquid vs Competitors

Hyperliquid is consistently 30-50% cheaper than major competitors.

Exchange	Taker Fee	Maker Fee	Gas Fee
Hyperliquid	0.035%	0.01%	$0
GMX v2	0.050% - 0.070%	0.050%	Yes (Arbitrum)
dYdX v4	0.050%	0.020%	$0
Binance (Futures)	0.050%	0.020%	$0

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