Hyperliquid Review

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.

Best for: On-chain perps · self-custody, no KYC

TypeDEX
Spot fee0.035%
Futures fee0.035%
Permanent rebate4%
Founded2023

Data as of 2026-06-21; fees and rebate rates reference each exchange’s official fee schedule and may change with official policy.

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