Hyperliquid

4.9 / 5 · Deep liquidity and pro tooling

Hyperliquid is the largest on-chain perpetuals exchange, offering a fast order book, deep liquidity and a growing set of stock perps through HIP-3 builder-deployed markets.

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Fees

Low maker/taker fees

Max leverage

Up to 20x (equities)

Selection

Wide selection incl. stock perps (via HIP-3)

Chain / venue

Hyperliquid L1

US Stock PerpsZero FeesHigh Leverage (50x+)24/7 TradingNo KYC

Pros

Deepest liquidity of any on-chain perp DEX

Fast order book with pro-grade tooling

Growing list of stock perps via HIP-3 builder markets

Cons

Charges maker/taker fees

Equity leverage capped lower than crypto

Compare Hyperliquid

Perpmate vs Hyperliquid →Hyperliquid vs Lighter →Hyperliquid vs Ostium →