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.

FeatureHyperliquidBinance
TypeDEXCEX
Spot fee0.035%0.10%
Futures fee0.035%0.05%
Listed rebate eligibility4%20%
Founded20232017
Best forOn-chain perps · self-custody wallet accessBroad 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.