Hyperliquid vs Bybit
Compare Hyperliquid and Bybit on access model, regional availability, funding, products, liquidity and spot/futures reference fees. Account benefits are only one cost input and official account terms control eligibility.
| Feature | Hyperliquid | Bybit |
|---|---|---|
| Type | DEX | CEX |
| Spot fee | 0.035% | 0.10% |
| Futures fee | 0.035% | 0.055% |
| Account benefit* | Verify official account / terms | Verify official account / terms |
| Founded | 2023 | 2018 |
| Best for | On-chain perps · self-custody wallet access | Derivatives traders · high listed rebate |
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.
Bybit
Bybit, founded in 2018, is a major derivatives exchange with a broad futures offering and a relatively high rebate listed on this page, subject to account eligibility.
Page reviewed 2026-08-09. Fee cells are editorial reference snapshots, not live account quotes; verify region, product availability, fee tier and any account benefit in the official account view.