Hyperliquid Referral Code:
Concept211

Hyperliquid's referral program gives new users a 4% lifetime discount on all trading fees - both spot and perpetual trades. The discount applies to every taker and maker fee for your first $25 million in cumulative trading volume. At Hyperliquid's base taker rate of 0.045%, that means you pay 0.0432% instead - saving $1.80 per $100,000 traded. For active traders doing $500K+ in monthly volume, that adds up to hundreds of dollars per year in savings.

Unlike centralized exchanges that let you enter promo codes at any time, Hyperliquid's referral code can only be applied at account creation. When you visit the referral link, the discount is embedded in the URL and locked to your wallet the moment you connect. There is no way to add a referral code retroactively - users who sign up directly without one pay full fees permanently.

The referral discount also stacks with HYPE token staking discounts, which can reduce fees by an additional 5% to 40% depending on how much HYPE you stake. Combined, the two discounts can reduce your effective taker fee from 0.045% down to roughly 0.026% - a 42% total reduction. For a detailed breakdown of all fee tiers and optimization strategies, see our complete fee guide.

The program works the same for all markets on Hyperliquid, including native perpetuals and HIP-3 builder markets like stocks and commodities on trade.xyz. Whether you are a casual trader placing a few trades per week or a high-frequency algorithmic trader, the 4% discount applies uniformly to every fee you pay.