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Hyperliquid review

Last updated: · By the TradeReviewed editorial team

How we testSources linked on every reviewAffiliate disclosure
Data verified 19 Oct 2026, sources linked.

Hyperliquid is a decentralized exchange (non-custodial, you trade from your own wallet). Base-tier fees: spot 0.04% maker / 0.07% taker, futures 0.015% maker / 0.045% taker. TradeReviewed score: 2.3 out of 5.

Advertiser disclosure: some links on this site are affiliate links and we may earn a commission. Partner exchanges are listed first in the default order; scores follow our published methodology and are not affected by partnerships. Read more.

Key facts

TypeDEX
TradeReviewed score2.3/5
Spot fees (maker / taker)0.04% / 0.07% source
Futures fees (maker / taker)0.015% / 0.045% source
Licensed or registered in-
Restricted or warning-
Proof of reserves-
Volume 24h-
Max leverage-
KYC-
Last verified19 Oct 2026
Fee notesPerps base tier (0 USD 14-day weighted volume).

Score breakdown

Each category is calculated from the sourced data on this page. Missing data scores low, never estimated. Methodology and formula.

Regulation and licences (25%)1.0
Security and proof of reserves (20%)2.5
Fees (spot and futures) (20%)4.2
Liquidity and volume (15%)0.0
Products and features (10%)5.0
Transparency, KYC and support (10%)2.5

Regulation by country and region

Status per jurisdiction with a link to the official register. Registers change, so always check the source and the date we last verified it. What these statuses mean.

JurisdictionRegulatorLicence / registrationNumberStatusOfficial sourceLast verified
Regulatory data not added yet.

Hyperliquid: frequently asked questions

Is Hyperliquid regulated?

Hyperliquid is a decentralized protocol. We have not found a licence on the registers we checked; you trade from your own wallet and local rules still apply to you.

Is Hyperliquid legal in the US?

We have not verified the status of Hyperliquid in United States yet. Check the official register and the exchange's terms for your country.

Is Hyperliquid MiCA licensed?

We have not verified the status of Hyperliquid in European Union (MiCA) yet. Check the official register and the exchange's terms for your country.

What are Hyperliquid fees?

At the base (regular user) tier: spot 0.04% maker / 0.07% taker, futures 0.015% maker / 0.045% taker, according to the official fee page (checked 2026-10-19). VIP tiers and token discounts can lower this.

Is Hyperliquid available in the UAE?

We have not verified the status of Hyperliquid in UAE / Dubai (VARA) yet. Check the official register and the exchange's terms for your country.

Does Hyperliquid require KYC?

We have not verified the KYC rules yet. Most centralized exchanges require identity verification before deposits, trading or withdrawals.

What is the TradeReviewed score of Hyperliquid?

2.3 out of 5, calculated with our published methodology from regulation, security, fees, liquidity, products and transparency data. Partnerships do not affect the score.

Sources

Risk warning: crypto-assets are volatile and you can lose all of your money. Leveraged products are high risk. Nothing on this page is financial advice.