What discount do Hyperliquid referrals receive?
I don't have a verified source for Hyperliquid's exact referral discount figure, so I won't invent one — no tool I have returns referral-program terms for it, and the number changes frequently. Here's what I can say accurately instead:
About Hyperliquid itself — it's currently the top perpetuals DEX by fee revenue, at ~$4.14M daily fees and ~$3.32M daily protocol revenue (per DefiLlama, live this turn). It's an orderbook-based, Layer-1-native perp DEX. (Hyperliquid)
On the referral discount specifically: Hyperliquid's referral program is based on fee sharing/rebates rather than a fixed "discount percentage," and the exact terms (how much of the maker/taker fee the referee and referrer get) are set by the protocol and change over time. Since I can't pull a live verified number, the honest answer is to check Hyperliquid's official docs or the referral section in the app itself for the current rate — that's the only reliable source.
One thing worth noting: perp-DEX referral discounts are typically shares of trading fees, so the real value depends on your trading volume, not a headline percentage.
If you want, I can instead show you the current top derivatives DEXs by fee revenue, or pull up the ones we have direct listing links for — just say the word.
For context on where it sits right now, here are the top perps DEXs by daily fees (per DefiLlama): Hyperliquid (~$4.14M), Jupiter Perpetual (~$631K), Lighter Perps (~$399K), edgeX V2 (~$194K), Pacifica Perps (~$177K), GMTrade (~$173K), Aster Perps (~$161K).
Also tracked: FomoDownload App,
LighterTrade Now,
AsterTrade Now,
GMTradeTrade Now,
edgeXTrade Now,
GMXTrade Now.
Generated August 26, 2026 byCoinAII — not financial advice.