Hyperliquid vs Binance
Hyperliquid (0.035% spot, 4% rebate) vs Binance (0.10% spot, 20% rebate). Binance offers the higher rebate.
| Feature | Hyperliquid | Binance |
|---|---|---|
| Type | DEX | CEX |
| Spot fee | 0.035% | 0.10% |
| Futures fee | 0.035% | 0.05% |
| Permanent rebate | 4% | 20% |
| Founded | 2023 | 2017 |
| Best for | On-chain perps · self-custody, no KYC | All-rounders · deepest liquidity |
Hyperliquid
Hyperliquid is a decentralized perpetuals exchange launched in 2023 with its own high-performance L1 chain, on-chain order book, self-custody and no KYC.
Binance
Binance is the world’s largest crypto exchange by trading volume, founded in 2017, offering spot, futures, earn, NFT and more.
Data as of 2026-06-21; fees and rebate rates reference each exchange’s official fee schedule and may change with official policy.