What are Hyperliquid trading fees?

What are Hyperliquid trading fees?

Hyperliquid's fee structure (the maker/taker rates) isn't something a tool here returns, so I'll give you the general, well-known schedule — plus the live usage numbers from DefiLlama that I can verify.

The fee schedule (general knowledge, not live-verified):

  • Taker: 0.035% (3.5 bps) on the standard tier
  • Maker: 0.010% (1 bp) — paid as a rebate to makers
  • Staking HYPE on the exchange unlocks discounted tiers that progressively lower the taker fee below the standard 3.5 bps.

Hyperliquid is a fully on-chain orderbook DEX, so there's no withdrawal fee for spot/perps and no gas in the traditional sense — trading happens natively on its own L1.

Live usage data (per DefiLlama):

  • Hyperliquid Perps: ~$4.14M in daily fees, ~$3.32M in daily protocol revenue (that's Hyperliquid's own cut of the fees, after what goes to HLP and other parties) — the largest perpetual DEX by a wide margin.
  • Hyperliquid Spot Orderbook: ~$128K daily fees, ~$258M in 24h spot volume.
  • HLP vault (the liquidity provider): ~$185M TVL.

Worth noting: the exact tier thresholds for the HYPE-staking discounts change over time — check the fee schedule on Hyperliquid's app for the current numbers if you're deciding how much you'd actually pay.

If you'd like, I can compare Hyperliquid's fees against a few other perp DEXs (Jupiter, Lighter, edgeX, Aster) using the same DefiLlama data.

Also tracked: Fomo, Lighter, Aster, GMTrade, edgeX, GMX.

Generated August 26, 2026 byCoinAII — not financial advice.