Fees

A note on fee structures.

Trading and Fees

Standard Fees: Standard fees for all HIP-3 assets are currently 2x the usual fees on validator-operated perp markets, with 50% of those fees going to Hyperliquid and 50% to trade[XYZ].

Growth Mode: Growth mode may be enabled on certain assets. With growth mode, all-in fees are reduced by ≥90% from the standard fee rate, and both rebates and volume-contribution credits are also reduced by ≥90%.

The following are not eligible for growth mode:

• Crypto perps against any collateral

• Perps on crypto indexes, ETFs, or other baskets of crypto assets

• Perps on mathematical combinations including crypto assets (e.g., BTC + X)

• Perps on vehicles or wrappers that hold primarily crypto assets (e.g. MSTR)

• Perps tracking gold, because PAXG-USDC already tracks gold price (e.g. Gold)

Fee Tiers: Fee tiers are based on rolling 14-day volume, assessed daily (UTC). One tier applies across all perps, HIP-3 perps, and spot. Maker rebates are paid continuously per trade.

Hyperliquid staking discounts apply. You can read more about fees in Hyperliquid's documentation.

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HIP-3 Fee Tiers — Growth Mode

		Base Rate		Diamond		Platinum		Gold		Silver		Bronze		Wood
Tier	14d weighted volume ($)	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker
0	—	0.0090%	0.0030%	0.00540%	0.00180%	0.00630%	0.00210%	0.00720%	0.00240%	0.00766%	0.00256%	0.00810%	0.00270%	0.00856%	0.00286%
1	>$5M	0.0080%	0.0024%	0.00480%	0.00144%	0.00560%	0.00168%	0.00640%	0.00192%	0.00680%	0.00204%	0.00720%	0.00216%	0.00760%	0.00228%
2	>$25M	0.0070%	0.0016%	0.00420%	0.00096%	0.00490%	0.00112%	0.00560%	0.00128%	0.00596%	0.00136%	0.00630%	0.00144%	0.00666%	0.00152%
3	>$100M	0.0060%	0.0008%	0.00360%	0.00048%	0.00420%	0.00056%	0.00480%	0.00064%	0.00510%	0.00068%	0.00540%	0.00072%	0.00570%	0.00076%
4	>$500M	0.0056%	0.0000%	0.00336%	0.00000%	0.00392%	0.00000%	0.00448%	0.00000%	0.00476%	0.00000%	0.00504%	0.00000%	0.00532%	0.00000%
5	>$2B	0.0052%	0.0000%	0.00312%	0.00000%	0.00364%	0.00000%	0.00416%	0.00000%	0.00442%	0.00000%	0.00000%	0.00000%	0.00494%	0.00000%
6	>$7B	0.0048%	0.0000%	0.00288%	0.00000%	0.00336%	0.00000%	0.00384%	0.00000%	0.00408%	0.00000%	0.00000%	0.00000%	0.00456%	0.00000%

HIP-3 Fee Tiers — Standard

		Base Rate		Diamond		Platinum		Gold		Silver		Bronze		Wood
Tier	14d weighted volume ($)	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker	Taker	Maker
0	—	0.090%	0.030%	0.0540%	0.0180%	0.0630%	0.0210%	0.0720%	0.0240%	0.0766%	0.0256%	0.0810%	0.0270%	0.0856%	0.0286%
1	>$5M	0.080%	0.024%	0.0480%	0.0144%	0.0560%	0.0168%	0.0640%	0.0192%	0.0680%	0.0204%	0.0720%	0.0216%	0.0760%	0.0228%
2	>$25M	0.070%	0.016%	0.0420%	0.0096%	0.0490%	0.0112%	0.0560%	0.0128%	0.0596%	0.0136%	0.0630%	0.0144%	0.0666%	0.0152%
3	>$100M	0.060%	0.008%	0.0360%	0.0048%	0.0420%	0.0056%	0.0480%	0.0064%	0.0510%	0.0068%	0.0054%	0.0072%	0.0570%	0.0076%
4	>$500M	0.056%	0.000%	0.0336%	0.0000%	0.0392%	0.0000%	0.0448%	0.0000%	0.0476%	0.0000%	0.0504%	0.0000%	0.0532%	0.0000%
5	>$2B	0.052%	0.000%	0.0312%	0.0000%	0.0364%	0.0000%	0.0416%	0.0000%	0.0442%	0.0000%	0.0468%	0.0000%	0.0494%	0.0000%
6	>$7B	0.048%	0.000%	0.0288%	0.0000%	0.0336%	0.0000%	0.0384%	0.0000%	0.0408%	0.0000%	0.0432%	0.0000%	0.0456%	0.0000%