Hyperliquid
Hyperliquid's native token. HYPE-PERP lets you trade the platform you're on.
0.015%
0.0144% with AWD
0.045%
0.0432% with AWD
1 Hour
vs 8 hours on CEX
4% OFF
With code AWD
Track Hyperliquid weekly revenue and open interest growth - platform revenue directly accrues to HYPE, making fundamentals transparent.
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 HYPE-PERP, set your leverage, and open a position with 4% reduced fees.
HYPE (Hyperliquid) perpetual futures allow traders to speculate on HYPE price movements without holding the actual token. On Hyperliquid, HYPE-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 HYPE trading with competitive spreads and minimal slippage for most position sizes.
Unlike centralized exchanges, trading HYPE on Hyperliquid requires no KYC verification. Connect any EVM-compatible wallet, bridge USDC from Arbitrum, and start trading with leverage up to 20x. Your funds remain in self-custody throughout - no exchange holds your assets.
Why trade HYPE on Hyperliquid? Trade the platform you use. Hyperliquid revenue is publicly visible, and you can see the fundamentals in real-time.
The funding rate is a periodic payment between long and short traders that keeps perpetual futures prices aligned with the spot market. On Hyperliquid, HYPE 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.
HYPE funding behavior: Often positive from organic demand. Traders on Hyperliquid itself create natural buying pressure that skews funding.
| 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 HYPE 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