Hyperliquid Fee Discount: Get 4% Off All Your Trades (2026)

If you are about to start trading on Hyperliquid, there is a simple way to pay less from your very first trade. Join through our link and you get a 4% discount on all your trading fees, applied automatically to every perp and spot trade you make. The discount covers your first $25 million in trading volume, which for most traders means it effectively never runs out.

What the Discount Gives You

Hyperliquid rewards new traders with lower fees. When you join through our link:

• You get 4% off every trading fee on the platform
• The discount applies to both perpetuals and spot trading
• It works automatically, with no codes to enter and no coupons to redeem
• It covers your first $25 million in trading volume

There is no downside and nothing to manage. Once the discount is attached to your account, it simply shows up as lower fees on every fill.

How to Activate the Discount

You do not need to type in any code. The link applies the discount for you:

1. Open Hyperliquid through this link: start trading on Hyperliquid with 4% off fees
2. Connect your wallet as usual
3. Confirm when prompted
4. Start trading. The 4% discount is now active on your account

One important rule: the discount must be attached before you place your first trade. Hyperliquid does not add discounts to accounts that already have trading history. If your wallet has already traded there, connect a fresh wallet and use the link with that one.

How Much Do You Actually Save?

Hyperliquid's standard fees start at 0.045% for taker orders and 0.015% for maker orders. With the 4% discount:

• A $10,000 taker order costs about $4.32 instead of $4.50
• Over $1 million in taker volume, you save around $18
• Over $10 million in volume, the savings grow to roughly $180

The percentages sound small, but fees are the one trading cost you can control. Active traders pay fees on every single fill, so a permanent discount compounds quietly in the background. If you want the full picture of what perp trading costs, see our guide to perpetual DEX trading fees.

Things to Know Before You Use It

• Perps and spot are covered. The discount applies across the platform, not just one market type.
• Vaults and sub-accounts are not covered. Hyperliquid treats them as separate accounts, so the discount stays on your main account only.
• The discount lasts until $25 million in volume. After that, standard fee tiers apply, and by then your volume tier discounts are usually bigger anyway.
• It stacks with volume tiers. As your trading volume grows, Hyperliquid lowers your base fees, and the 4% discount keeps applying on top.

Why Hyperliquid?

Hyperliquid is the largest decentralized perpetuals exchange, running its own Layer 1 blockchain with a fully on-chain order book and near-instant execution. If you want to understand how it works under the hood, read our deep dive on how Hyperliquid reshapes perp trading or see where it ranks among the top 10 perp DEX platforms.

Trade More Than Crypto with Perpmate

Perpmate is built on Hyperliquid's infrastructure, which means trades on Perpmate settle through the same audited contracts and deep liquidity. On top of crypto perps, Perpmate gives you stock perpetuals like NVDA and TSLA, index perps like the S&P 500, and more, all 24/7 with no KYC. If you are new to perpetuals entirely, start with our beginner's guide to perpetual futures.