Fees

A note on fee structures.

trade[XYZ] does not charge any additional fees beyond the fees charged by Hyperliquid. For crypto perps and spot, those fees can be found here. For equity perp assets, the fees are currently 2x the usual fees on validator-operated perp markets, with 50% of those fees going to Hyperliquid and 50% to trade[XYZ]. We do not currently charge any additional frontend fees (also known as builder code fees).

Fees are based on your rolling 14 day volume and are assessed at the end of each day in UTC.

Maker rebates are paid out continuously on each trade directly to the trading wallet. Users can claim referral rewards from the Referrals page.

There are separate fee schedules for perps vs spot. There is one fee tier across all assets, including perps, HIP-3 perps, and spot.

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