Fee Structure
All trading fees on Hyperliquid are directed to the community: HLP, the assistance fund (which buys and burns HYPE Token), and deployers. None go to the team.
Fee Tiers
Fees are based on rolling 14-day volume, assessed daily at UTC. Spot volume counts double toward tier placement:
14d weighted volume = 14d perps volume + 2 × 14d spot volume
Perpetual Fees (Base Rate)
| Tier |
14d Volume |
Taker |
Maker |
| 0 |
— |
0.045% |
0.015% |
| 1 |
>$5M |
0.040% |
0.012% |
| 2 |
>$25M |
0.035% |
0.008% |
| 3 |
>$100M |
0.030% |
0.004% |
| 4 |
>$500M |
0.028% |
0.000% |
| 5 |
>$2B |
0.026% |
0.000% |
| 6 |
>$7B |
0.024% |
0.000% |
Spot Fees (Base Rate)
| Tier |
14d Volume |
Taker |
Maker |
| 0 |
— |
0.070% |
0.040% |
| 1 |
>$5M |
0.060% |
0.030% |
| 2 |
>$25M |
0.050% |
0.020% |
| 3 |
>$100M |
0.040% |
0.010% |
| 4 |
>$500M |
0.035% |
0.000% |
| 5 |
>$2B |
0.030% |
0.000% |
| 6 |
>$7B |
0.025% |
0.000% |
HYPE Staking Discounts
Staking HYPE Token provides fee discounts on top of volume tiers:
| Tier |
HYPE Staked |
Discount |
| Wood |
>10 |
5% |
| Bronze |
>100 |
10% |
| Silver |
>1,000 |
15% |
| Gold |
>10,000 |
20% |
| Platinum |
>100,000 |
30% |
| Diamond |
>500,000 |
40% |
Maker Rebate Tiers
High-volume makers earn additional rebates:
| Tier |
14d Maker Volume Share |
Maker Fee |
| 1 |
>0.5% |
-0.001% |
| 2 |
>1.5% |
-0.002% |
| 3 |
>3.0% |
-0.003% |
Special Rules
- Stable pair spot: 80% lower taker fees, maker rebates, and volume contribution
- Aligned quote assets: 20% lower taker fees, 50% better maker rebates, 20% more volume contribution
- HIP-3 growth mode perps: Protocol fees, rebates, and volume contributions reduced by 90%
- Referrals: Rewards on first $1B volume; discounts on first $25M
Fee Distribution
- Spot and HIP-3: Builder-Deployed Perpetuals deployers may retain up to 50% of trading fees
- Assistance fund converts remaining fees → HYPE → burn
- Sub-accounts share fee tiers with master accounts