Hyperliquid fees and fee calculator
Hyperliquid runs its order book on-chain. Perps start at 0.045% taker and 0.015% maker; spot at 0.070% / 0.040%.
Live order book · updated Fees verified
Your Hyperliquid order
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Hyperliquid fee table
| Hyperliquid market | Maker | Taker |
|---|---|---|
| Spot | 0.040% | 0.070% |
| USDT perpetual | 0.015% | 0.045% |
Base tier (lowest 14-day volume). Source: hyperliquid.gitbook.io Spot is listed for reference; CostDepth samples Hyperliquid perpetuals only.
Specific to Hyperliquid
- Tiers use 14-day weighted volume, with spot counting double. Tier 6 (over $7B) pays 0.024% / 0%.
- Staking HYPE cuts fees from 5% (Wood, over 10 HYPE) to 40% (Diamond, over 500k HYPE).
- Makers above 0.5%, 1.5% or 3% of maker volume earn −0.001% to −0.003%.
- Its referral discount covers your first $25M of volume. HIP-3 'growth mode' markets charge at least 90% less.
Hyperliquid BTC futures · spread + slippage by hour · $100k market order
Sampled every 5 minutes from the Hyperliquid book, then averaged by hour. Last hour on Hyperliquid (): spread + slippage $0.66 (0.00066%).
Hyperliquid questions
What does a $100,000 Hyperliquid BTC market order pay?
$45.00 at 0.045%, or $43.20 with code PERPLIST taking 4% off.
Why does Hyperliquid's referral save 4%, not 20%?
That is the discount its referral program gives, for the first $25M.
How is Hyperliquid depth read?
Its l2Book call gives 20 levels; a coarser call adds depth further out.
Binance vs Hyperliquid · Method · Data by Alex Wu