On-chain order book · Perpetual futures DEX

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Hyperliquid with one wallet

No KYC, no sign-up — connect a wallet and trade. Maker 0.015% / Taker 0.045%, with an additional 4% fee discount when you enter the referral code before your first trade.

50%+
Perp DEX market share
$3T+
Cumulative volume
30+
Deposit networks
0.015%
Maker fee
BTC
BTC-PERP
Perpetual future
1m15m1h
Order type
Limit
Leverage
5x
Illustrative UI — check live prices on the exchange
Required · 4% fee discount

Enter referral code EVENTCODE before your first trade

In the app, open Referrals → Enter Code and type EVENTCODE to receive a 4% trading fee discount. Even if you have already deposited, the code still counts as long as it is entered before your first trade. Once a wallet has placed its first trade the discount can no longer be applied, so enter the code immediately after depositing.

Apply code EVENTCODEAuto-filled via this link · manual entry also works

Featured markets

From crypto perpetuals to US and international stock perps — all in one interface.

MarketTypeOpen
BT
BTC-PERP
Bitcoin perpetual
Crypto PerpTrade
ET
ETH-PERP
Ethereum perpetual
Crypto PerpTrade
HY
HYPE-PERP
Hyperliquid token perp
Crypto PerpTrade
SO
SOL-PERP
Solana perpetual
Crypto PerpTrade
TS
TSLA-PERP
Tesla 24/7 perp
Stock PerpTrade
NV
NVDA-PERP
Nvidia 24/7 perp
Stock PerpTrade

Why Hyperliquid

Self-custody

Your funds stay in your wallet

Trade on a CEX-style order book while assets remain in your own wallet — no exchange bankruptcy or withdrawal-freeze risk.

On-chain order book (CLOB)

CEX-grade execution, DEX architecture

A dedicated L1 with an on-chain order book. Perp DEX market share exceeds 50% as of 2026.

Extra 4% fee discount

Stackable discount structure

Enter the referral code before your first trade for a 4% discount that stacks with HYPE staking tiers and 14-day volume tiers.

Start in 3 steps

24/7 stock perps

Trade US and global stocks around the clock

Access perpetual futures on major stocks and indices when regular markets are closed. These are USDC-settled derivatives that track price — not actual shares.

Learn more

All guides

Apply the 4% discount before your first trade

The discount cannot be applied to an account that has already traded. Use the link (or enter the code manually) before you place your first order.

Start trading with 4% fee discount