Hyperliquid vs Binance
Hyperliquid (0.035% spot, 4% rebate) vs Binance (0.10% spot, 20% rebate). Binance has the higher listed rate; official account eligibility controls.
| Feature | Hyperliquid | Binance |
|---|---|---|
| Type | DEX | CEX |
| Spot fee | 0.035% | 0.10% |
| Futures fee | 0.035% | 0.05% |
| Listed rebate eligibility | 4% | 20% |
| Founded | 2023 | 2017 |
| Best for | On-chain perps · self-custody wallet access | Broad feature set · high liquidity |
Hyperliquid
Hyperliquid is a decentralized perpetuals exchange launched in 2023 with its own high-performance L1 chain, on-chain order book, self-custody. Access is usually wallet-based, while frontend, regional and compliance rules may restrict use.
Binance
Binance is a large crypto exchange by trading volume and liquidity, founded in 2017, offering spot, futures, earn, NFT and more.
Data as of 2026-08-01; fees and rebate rates reference each exchange’s official fee schedule and may change with official policy.