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Hyperliquid

Hyperliquid

A fully on-chain perpetuals DEX on its own HyperEVM L1, with CEX-level speed and zero KYC.

★4.6Based on 1 reviews
No KYCSelf-custody
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Overview

Hyperliquid is a non-custodial perpetuals exchange built on its own high-performance Layer 1 (HyperEVM). Traders deposit USDC via Arbitrum and trade directly from their own wallet — Hyperliquid never takes custody of funds and does not require identity verification. The order book runs fully on-chain, delivering the speed and depth typically associated with centralized exchanges.

Pros & Cons

Pros

  • ✓ Fully on-chain order book with CEX-level speed
  • ✓ No KYC or account approval required
  • ✓ HYPE staking unlocks fee discounts

Cons

  • ✗ Requires bridging USDC via Arbitrum to deposit
  • ✗ Runs on a newer L1 with a smaller validator set than established chains

Fees & Leverage

Maker fee

0.015%

Taker fee

0.045%

Max leverage

40x

Supported Chains

ArbitrumHyperEVM

Trading Pairs

ARB/USDC10xAVAX/USDC10xBTC/USDC40xDOGE/USDC10xETH/USDC25xLINK/USDC10xOP/USDC5xSOL/USDC20xSUI/USDC10xXRP/USDC20x

User Reviews

Based on 1 reviews
★★★★★4.6 out of 5

Rápido, on-chain y sin fricción de KYC

La ejecución se siente al nivel de un exchange centralizado, pero los fondos nunca salen de tu wallet. El bridge desde Arbitrum es el único paso extra frente a un CEX tradicional.

Pros

  • +Ejecución muy rápida
  • +Comisiones competitivas con staking de HYPE

Cons

  • −Curva de aprendizaje del bridge para nuevos usuarios

Equipo Editorial Stackflow

Sep 2026

Frequently Asked Questions

Does Hyperliquid require KYC?

No. Hyperliquid is a non-custodial DEX — you connect a wallet and trade without identity verification.

What is the max leverage on Hyperliquid?

Up to 50x on major pairs like BTC and ETH, depending on the market.