Fees
Last updated
Last updated
Hyperliquid’s fee system is designed to reward active traders, referral users, and the broader community. By leveraging volume-based discounts and referral incentives, the platform ensures that participation benefits users while funding the ecosystem’s development.
Hyperliquid employs a VIP tier system and Market Maker tiers to calculate taker and maker fees based on trading volume. Fees are dynamically adjusted based on the last 14 days of volume, ensuring fairness and scalability for all traders.
Market makers benefit from lower fees through the Market Maker tier system (see chart above). Hyperliquid offers no special programs or rebates—anyone can participate. Tools and support: Python SDK | #api-traders Discord.
Hyperliquid incentivizes user growth with its robust referral program, enabling traders to earn rewards by inviting others to the platform.
Create your referral code on Hyperliquid Referrals after completing $10,000 in trading volume.
Share your unique link: https://app.hyperliquid.xyz/join/YOURCODE
Referrers Earn: 10% of referred users’ fees, adjusted for any discounts they receive.
Referred Users Benefit: Receive a 4% fee discount on their first $25M of volume.
Note: Referral discounts do not apply to vaults or sub-accounts, as these are treated independently in the clearinghouse.
All fees benefit the community, supporting:
The HLP (Hyperliquid Liquidity Provider) program.
The Assistance Fund, which protects and stabilizes the ecosystem.
The assistance fund is primarily held in HYPE, Hyperliquid’s native asset, and managed with validator oversight.
Traders benefit from volume-based discounts and referral rewards to reduce costs.
Makers can earn rebates while takers enjoy competitive fees that scale with activity.
Fees directly fund the community, fostering a sustainable and user-centric ecosystem.