THE DEFINITIVE RESOURCE

Master Hyperliquid.
Trade Smarter.

Hyperliquid is a fully on-chain decentralized perpetual futures exchange with sub-second execution, zero gas fees, and no KYC. It processes billions in daily volume across 150+ perpetual markets using its own custom L1 blockchain. This is the most comprehensive independent guide to trading on Hyperliquid — written by an active trader and bot developer since early 2024. Sign up through our referral link for a 4% lifetime fee discount you can't get signing up directly.

Trusted by 10,000+ traders. Independent. Transparent. Not financial advice.

STOP OVERPAYING

Don't Leave Money on the Table

Hyperliquid charges 0.045% taker and 0.015% maker fees on perpetual futures, with spot fees at 0.070% taker and 0.040% maker. Users who sign up without a referral link pay full fees forever — there's no way to apply a code after account creation. Use our referral link and you'll get a 4% lifetime discount on every trade for your first $25 million in volume. You can further reduce fees by staking HYPE tokens (up to 40% discount at Diamond tier) and climbing volume-based VIP tiers.

Claim Your 4% Discount

GET STARTED IN MINUTES

Three Steps to Your First Trade

No KYC. No email. No passwords. Just connect a wallet, deposit, and trade with CEX-grade speed and zero gas fees.

Start Now — Save 4% on Fees
1

Connect Your Wallet

Visit Hyperliquid, connect MetaMask or any supported wallet. No email, no password, no KYC — just a wallet signature.

2

Deposit USDC

Bridge USDC from Arbitrum or another supported chain. Deposits arrive in seconds. Your funds stay in your wallet, always.

3

Start Trading

Place your first trade with CEX-grade speed and zero gas fees. Use our referral link for a 4% lifetime fee discount.

HOW IT STACKS UP

Hyperliquid vs. The Competition

Hyperliquid — decentralized perpetuals exchangeHyperliquiddYdX logo — decentralized exchange comparisondYdXGMX logo — perpetuals DEX vs HyperliquidGMXBinance logo — centralized exchange alternativeBinance
TypeFully On-Chain DEXApp-Chain DEXAMM DEXCentralized (CEX)
Order BookOn-chain CLOBOn-chain CLOBOracle-basedCentral CLOB
KYC RequiredNoNoNoYes
Gas FeesZeroNear ZeroArbitrum GasZero
Taker Fee0.045%0.050%0.070%0.040%
Speed<1 second~1 second~2 seconds<1 second
Self-CustodyYesYesYesNo

READY TO TRADE?

Start Trading on Hyperliquid Today

Hyperliquid offers self-custody trading with CEX-grade speed — no KYC, no email, no gas fees. Connect any EVM wallet, deposit USDC, and start trading in under 5 minutes. Use our referral link for a 4% lifetime fee discount — an advantage you can't get by signing up directly.