Shiba Inu
The "Dogecoin killer" from 2020. SHIB has Shibarium L2 but still trades on memes.
0.015%
0.0144% with AWD
0.045%
0.0432% with AWD
1 Hour
vs 8 hours on CEX
4% OFF
With code AWD
SHIB pumps when retail FOMO cycles hit - watch Google Trends for "buy crypto" spikes as a leading indicator for SHIB moves.
Visit app.hyperliquid.xyz/join/AWD and connect your MetaMask or WalletConnect wallet.
Bridge USDC from Arbitrum to Hyperliquid. The bridge takes 1-5 minutes with minimal fees.
Select SHIB-PERP, set your leverage, and open a position with 4% reduced fees.
SHIB (Shiba Inu) perpetual futures allow traders to speculate on SHIB price movements without holding the actual token. On Hyperliquid, SHIB-PERP trades against USDC with no expiry date, meaning positions can be held indefinitely as long as margin requirements are met.
Hyperliquid offers deep liquidity for SHIB trading with competitive spreads and minimal slippage for most position sizes.
Unlike centralized exchanges, trading SHIB on Hyperliquid requires no KYC verification. Connect any EVM-compatible wallet, bridge USDC from Arbitrum, and start trading with leverage up to 10x. Your funds remain in self-custody throughout - no exchange holds your assets.
Why trade SHIB on Hyperliquid? Largest retail following of any meme coin. When normie money enters crypto, SHIB is usually one of their first buys.
The funding rate is a periodic payment between long and short traders that keeps perpetual futures prices aligned with the spot market. On Hyperliquid, SHIB funding is calculated and paid every hour - 8x more frequent than most exchanges.
When funding is positive, traders holding long positions pay those holding shorts. When negative, the opposite occurs. Traders can profit from funding by taking positions opposite to market sentiment.
SHIB funding behavior: Mild compared to other memes. The massive supply and retail holder base keeps funding more balanced.
| Feature | Hyperliquid | Binance | Bybit |
|---|---|---|---|
| Maker Fee | 0.015% (0.0144% w/ AWD) | 0.02% | 0.02% |
| Taker Fee | 0.045% (0.0432% w/ AWD) | 0.04% | 0.055% |
| Type | DEX (Decentralized) | CEX | CEX |
| KYC Required | No | Yes | Yes |
| Self-Custody | Yes | No | No |
| Funding Interval | 1 hour | 8 hours | 8 hours |
Get 4% off all trading fees with referral code AWD. No KYC required, self-custody, and the lowest fees in DeFi.
Trade SHIB on HyperliquidDisclaimer: This site earns commissions from signups using referral code AWD. This is not financial advice. Cryptocurrency trading involves significant risk of loss. Do your own research before trading. Affiliate disclosure · Full disclaimer