4% fee discount on the first $25M of volume; vaults and sub-accounts excluded.
Basis
Official
Unit
Not specified
Source IDs
hl-referrals
Checked
2026-11-10
Formula
Not applicable
Note
None
Benefits may not apply if the account is already registered or already linked to another referral. Check the official referral terms before signing up.
If you decide to use Hyperliquid, we would appreciate it if you signed up through our referral link. It is optional. The official link is listed separately.
These links open the venue’s own site. Crypter does not connect wallets, request signatures or place trades.
Venue actions below describe prerequisites, not reward qualification. Costs do not include every route, funding payment or market-specific adjustment.
Eligibility
Item 1
Kind
region
Description
Venue terms and local law must be assessed for the individual account; Japanese eligibility is unverified.
Fact
null
Basis
Unknown
Unit
Not specified
Source IDs
None
Checked
2026-11-10
Formula
Not applicable
Note
None
Item 2
Kind
kyc
Description
Identity-verification requirements have not been fully reviewed.
Fact
null
Basis
Unknown
Unit
Not specified
Source IDs
None
Checked
2026-11-10
Formula
Not applicable
Note
None
Region
Restricted regions
["United States of America","Ontario, Canada","Jurisdictions subject to applicable economic and trade sanctions or export control laws (Restricted Territories)"]
Basis
Official
Unit
Not specified
Source IDs
hl-terms
Checked
2026-11-10
Formula
Not applicable
Note
Citizens of Restricted Territories are restricted regardless of location; the list is not a legal eligibility conclusion.
Japan
unknown
Fact
null
Basis
Unknown
Unit
Not specified
Source IDs
None
Checked
2026-11-10
Formula
Not applicable
Note
None
Qualifying actions
Item 1
Action
Wallet onboarding: trading enablement and deposit (execution context, not reward qualification).
["USDC collateral","ETH for Arbitrum deposit gas"]
Basis
Official
Unit
Not specified
Source IDs
hl-onboarding
Checked
2026-11-10
Formula
Not applicable
Note
None
Account mode
null
Basis
Unknown
Unit
Not specified
Source IDs
None
Checked
2026-11-10
Formula
Not applicable
Note
None
Api
API wallet signing is documented.
Basis
Official
Unit
Not specified
Source IDs
hl-api-wallets
Checked
2026-11-10
Formula
Not applicable
Note
None
Agent wallet
Master accounts can approve API/agent wallets; approval does not remove human decision authority.
Basis
Official
Unit
Not specified
Source IDs
hl-api-wallets
Checked
2026-11-10
Formula
Not applicable
Note
None
Rate limits
REST: 1200 aggregate weight/minute/IP; address and websocket limits also apply.
Basis
Official
Unit
Not specified
Source IDs
hl-limits
Checked
2026-11-10
Formula
Not applicable
Note
None
Human approval required
true
Guarantee
none
Unknowns
Item 1
Japanese eligibility and KYC requirements were not established by the reviewed pages; the Terms of Use name restricted persons but do not mention Japan.
Item 2
Commercial referral terms and applicability to an existing account require owner/account-specific review.
Item 3
No current airdrop or points opportunity is reviewed here.
Item 4
Live spread, funding, bridge route, withdrawal amount, minimum capital and required account mode remain unverified.
Item 5
Only the base validator-operated perps fee scope is modeled; HIP-3, aligned quotes, staking and other adjustments need separate review.
Unconfirmed topics
None listed.
Fee tiers
Item 1
Tier
0
Volume above usd
0
Basis
Official
Unit
USD weighted volume over 14 days
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
Tier0 is the base tier; higher thresholds are strict greater-than.
Taker pct
0.045
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Maker pct
0.015
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Item 2
Tier
1
Volume above usd
5000000
Basis
Official
Unit
USD weighted volume over 14 days
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
Tier0 is the base tier; higher thresholds are strict greater-than.
Taker pct
0.04
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Maker pct
0.012
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Item 3
Tier
2
Volume above usd
25000000
Basis
Official
Unit
USD weighted volume over 14 days
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
Tier0 is the base tier; higher thresholds are strict greater-than.
Taker pct
0.035
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Maker pct
0.008
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Item 4
Tier
3
Volume above usd
100000000
Basis
Official
Unit
USD weighted volume over 14 days
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
Tier0 is the base tier; higher thresholds are strict greater-than.
Taker pct
0.03
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Maker pct
0.004
Basis
Official
Unit
percent
Source IDs
hl-fees
Checked
2026-11-10
Formula
Not applicable
Note
None
Fee examples
Item 1
Label
Base tier 0: hypothetical USD 1000000 notional, taker only
Fact
450
Basis
Calculated
Unit
USD base trading fee
Source IDs
hl-fees
Checked
2026-11-10
Formula
1000000 * (0.045 / 100) = 450
Note
Fixed-tier example only. Excludes referral discounts, staking, funding, spread, bridges, asset-specific adjustments and Builder fees.
Item 2
Label
Base tier 1: hypothetical USD 1000000 notional, taker only
Fact
400
Basis
Calculated
Unit
USD base trading fee
Source IDs
hl-fees
Checked
2026-11-10
Formula
1000000 * (0.04 / 100) = 400
Note
Fixed-tier example only. Excludes referral discounts, staking, funding, spread, bridges, asset-specific adjustments and Builder fees.
Item 3
Label
Base tier 2: hypothetical USD 1000000 notional, taker only
Fact
350
Basis
Calculated
Unit
USD base trading fee
Source IDs
hl-fees
Checked
2026-11-10
Formula
1000000 * (0.035 / 100) = 350
Note
Fixed-tier example only. Excludes referral discounts, staking, funding, spread, bridges, asset-specific adjustments and Builder fees.
Item 4
Label
Base tier 3: hypothetical USD 1000000 notional, taker only
Fact
300
Basis
Calculated
Unit
USD base trading fee
Source IDs
hl-fees
Checked
2026-11-10
Formula
1000000 * (0.03 / 100) = 300
Note
Fixed-tier example only. Excludes referral discounts, staking, funding, spread, bridges, asset-specific adjustments and Builder fees.
This is reference data published by Crypter. It does not ask any software to act.
Registrations, signatures, deposits and trades are decisions for the human who owns the account.
Nothing here guarantees airdrops, points, or profits. Crypter earns referral fees where a referral block is present.