Official fee schedule

Hyperliquid Fees: Current Maker and Taker Rates

See the complete perps and spot schedule, check a public wallet's current account rates, then model the explicit cost of a trade.

Direct answer

Hyperliquid's base Tier 0 perpetual fees are 0.045% for a taker and 0.015% for a maker. Base Tier 0 spot fees are 0.070% taker and 0.040% maker. Lower base rates begin above $5 million in rolling 14-day weighted volume. Staking, an active referral discount, maker-rebate qualification, quote-asset treatment, HIP-3 settings, and builder codes determine the final cost after the base tier.

Use the schedule for a reviewed baseline. Use the wallet lookup for the account rates currently returned by Hyperliquid, then model the open and close with the calculator. Funding, spread, slippage, and liquidation risk remain separate.

Primary reference: Hyperliquid's official fee schedule.

Last updated: 2026-08-26Last reviewed: 2026-08-26
What changed since the last review
  • 2026-08-26Published the full perps and spot tier tables, staking and maker-rebate schedules, current HIP-3 fee context, and a direct official userFees account-rate lookup.
  • 2026-08-25Rechecked the perps and spot fee tables, strict HYPE staking thresholds, referral fee formula, first-$25M referral cap, and permanent staking-user linking implications against the official fee documentation.
  • 2026-06-01Fee rate cards now cite the official Hyperliquid fee and referral docs next to each exact rate and discount term.
  • 2026-06-01Trimmed commercial FAQ structured data to a single Article record; the visible FAQ content on this page is unchanged.
  • 2026-05-26Rechecked tier 0 maker and taker rates, weighted-volume tier rules, and sub-account tier sharing against the official docs; no rate changes found.

Base fee tiers

The volume threshold is shared across perps, HIP-3 perps, and spot. The documented formula is 14-day perps volume plus twice 14-day spot volume. Thresholds are strict greater-than values.

Verify schedule

Perpetuals

Tier14d volumeTakerMaker
0$00.045%0.015%
1>$5M0.040%0.012%
2>$25M0.035%0.008%
3>$100M0.030%0.004%
4>$500M0.028%0.000%
5>$2B0.026%0.000%
6>$7B0.024%0.000%

Spot

Tier14d volumeTakerMaker
0$00.070%0.040%
1>$5M0.060%0.030%
2>$25M0.050%0.020%
3>$100M0.040%0.010%
4>$500M0.035%0.000%
5>$2B0.030%0.000%
6>$7B0.025%0.000%

A zero base maker fee is not the same as a maker rebate. The separate rebate schedule below depends on the account's share of weighted maker volume.

Official account-rate lookup

Check a wallet's current fee rates

Read the public account rates reported by Hyperliquid before modeling a trade. No wallet connection, signature, or account history is required.

Read only

The request goes from this browser directly to Hyperliquid. The address is not placed in a HypeBasis URL, local storage, or analytics.

Verify the userFees endpoint

Your account rates will appear here

The official response reports perps and spot maker and taker rates, plus active referral and staking discounts. It does not require an open position or funded account.

Fee calculator

Estimated total
$9.00
Effective rate
4.50 bps
Without discounts
$9.00
Discount savings
$0.00
Schedule
Perp tier 0
Execution
taker · 2 legs
Base rate
4.50 bps
Discounts
None modeled

Affiliate disclosure: HypeBasis may earn referral rewards from eligible link use. The toggle models the documented 4% discount only for qualifying volume within the first $25M cap; it cannot verify your remaining eligibility.

Uses the official base fee table for tiers 0-6, then applies the selected referral and staking-discount assumptions. It does not read your account `userFees`, aligned quote assets, HIP-3 growth mode, deployer fee share, funding, slippage, liquidation, or builder fees.

The calculator uses the same reviewed base schedule shown above. For a dedicated, shareable workflow, open the trade cost calculator.

What the fee schedule does not include

Trading fee

The explicit maker or taker charge on filled notional. Model the open and close separately if their order roles differ.

Funding

A separate hourly payment between perp longs and shorts. It can exceed the entry fee when a position is held.

Spread and slippage

The cost of crossing the book and filling through visible depth. It depends on the exact market, order size, and timing.

Product-specific fees

HIP-3 deployer fees and approved builder-code fees can sit on top of the account's protocol rate.

Fee savings are not risk savings

A lower fee reduces explicit trading cost. It does not improve the trade, guarantee maker execution, reduce leverage, prevent liquidation, or protect against funding, slippage, oracle, or protocol risk.

Affiliate disclosure: we may earn referral rewards if you use this link.

Review the eligible fee discount

The official docs describe a 4% referral discount for eligible volume within the first $25M. HypeBasis may earn referral rewards from eligible link use.

Open Hyperliquid
Risk notice
Crypto perpetuals and leveraged trading are high risk. You can lose money through liquidation, funding, slippage, oracle issues, protocol failures, and market volatility.

Continue the cost check

Sources

4 references · Expand
  • Hyperliquid Docs: FeesAccessed 2026-08-26
    Supports: Rolling 14-day volume tiers, perps and spot fee schedules, HIP-3 deployer fee scale and growth mode, strict HYPE staking-tier thresholds and discounts, referral fee formula and limits, staking-account linking risks, fee-model caveats, fee distribution to HLP, the assistance fund, and deployers, the assistance fund system address, and burn recognition of assistance-fund HYPE.
  • Supports: Public info endpoint families used for market, book, candle, account, portfolio, native borrow/lend reserve, vaultDetails, userFees account-rate, and maxBuilderFee approval reads.
  • Hyperliquid Docs: ReferralsAccessed 2026-08-20
    Supports: Referral discount, referrer reward mechanics, referral volume limits, and vault/sub-account referral treatment.
  • Hyperliquid Docs: FundingAccessed 2026-09-04
    Supports: Hourly funding, funding formula, interest-rate component, premium component, funding payment formula, and the direction of payments when funding is positive or negative.