Trading Fees

Industry-leading maker/taker rates with progressive VIP discounts. Pay less, trade more — and zero gas on every order.

Highlights

Simple, transparent, on-chain

No hidden costs, no withdrawal fees beyond network gas, and no gas at all for placing or cancelling orders.

Maker

0.010% maker

Base maker fee starts at 1 basis point and drops to 0% at the highest volume tier.

Taker

0.035% taker

Base taker fee starts at 3.5 bps and goes as low as 1.5 bps for market makers.

VIP

VIP tiers

Discounts kick in automatically based on rolling 14-day trading volume across perps and spot.

Zero gas

Zero gas

Place, modify, and cancel orders without paying any gas — even during peak congestion.

Referral

Referral rebates

Up to 10% discount on taker fees when signing up through a referral code.

Transparent

Fully on-chain

Every fee, fill, and rebate is recorded on the L1 — auditable in real time by anyone.

Tier table

Maker / Taker fees by tier

Fees apply to both perpetuals and spot. Volume is measured on a rolling 14-day window.

Tier14d VolumeMakerTakerNotes
Base< $5M0.0100%0.0350%Default for new accounts
VIP 1$5M+0.0080%0.0300%Auto-applied
VIP 2$25M+0.0050%0.0250%−28%
VIP 3$100M+0.0030%0.0200%−43%
Market Maker$500M+0.0000%0.0150%Maker rebate
Exclusive — Hyperliquid Korea

Live fee calculator

Estimate the fee you'd pay for any trade size, and compare it to what you'd pay on Binance for the same volume.

Comparison: Binance taker (0.04%)
Your effective rate
Estimated fee
You'd save vs Binance taker
Exclusive comparison

Fee comparison across major venues

ExchangeMaker (base)Taker (base)Gas / orderSelf-custody
Hyperliquid0.010%0.035%ZeroYes
Binance0.020%0.040%No
Bybit0.020%0.055%No
dYdX v40.020%0.050%ZeroYes
GMX v20.050–0.070%Network gasYes
FAQ

Fee questions

Are there any deposit or withdrawal fees?
Deposits via the Arbitrum bridge cost only the Arbitrum network gas (typically under $1). Withdrawals back to Arbitrum are free from Hyperliquid's side.
Do fees apply to spot and perps equally?
Yes — the same maker/taker schedule covers both perpetual and spot markets.
How is VIP volume calculated?
Your taker volume over a rolling 14-day window determines your tier. Upgrades apply automatically.
Can I get a referral discount?
Yes — signing up through a referral grants you up to 10% off taker fees on top of your VIP tier discount.

Lower fees, instant settlement

Open a Hyperliquid account and start trading at industry-leading rates.