Fees
Trading on Hypersight involves two layers of fees: Hyperliquid’s protocol fees (which you’d pay trading on Hyperliquid anywhere) and a small Hypersight fee on top.
Hyperliquid protocol fees
Hyperliquid charges a taker/maker fee on fills. Standard base rates are:
| Market | Taker | Maker |
|---|---|---|
| Perps | 0.045% | 0.015% |
| Spot | 0.070% | 0.040% |
Your effective rate can be lower — Hyperliquid applies discounts for:
- VIP / volume tiers — higher 14-day volume lowers your rate.
- Staking — staking HYPE earns a fee discount.
- Referrals — trading under a referral code gives a standing discount (see Referrals).
Hypersight always shows your real, post-discount rate in the order panel.
Maker vs taker. Adding liquidity (a resting limit order, especially post-only / ALO) pays the lower maker fee. Taking liquidity (a market order, or a limit that crosses the book) pays the taker fee.
Hypersight fee
Hypersight charges a small builder fee on top of Hyperliquid’s. It’s the only fee Hypersight earns on trading, and it’s collected through Hyperliquid’s native builder code mechanism — fully on-chain, transparent, and visible to you when you approve your trading agent.
The fee is degressive: it drops automatically as your trailing 14-day volume grows, on the same volume windows Hyperliquid tiers on — so as Hyperliquid lowers your protocol rate, we lower ours too. The maker side reaches 0 at higher tiers, so a market maker keeps Hyperliquid’s maker rebate in full.
| Tier | 14-day volume | Perps taker | Perps maker | Spot taker | Spot maker |
|---|---|---|---|---|---|
| 0 | ≤ $5M | 0.050% | 0.010% | 0.030% | 0.008% |
| 1 | > $5M | 0.040% | 0.006% | 0.022% | 0.000% |
| 2 | > $25M | 0.028% | 0.003% | 0.015% | 0.000% |
| 3 | > $100M | 0.018% | 0.000% | 0.010% | 0.000% |
| 4 | > $500M | 0.012% | 0.000% | 0.006% | 0.000% |
| 5 | > $2B | 0.008% | 0.000% | 0.004% | 0.000% |
| 6 | > $7B | 0.006% | 0.000% | 0.003% | 0.000% |
On top of the tiering, referred accounts — anyone who joined Hypersight through a referral link — get a standing 5% discount on the Hypersight fee, at every tier, for life.
Your current tier and the all-in rate (Hyperliquid + Hypersight combined) are shown any time in the Fee tier panel on your Portfolio, and on every order in the trade panel.
Which side it applies to (a Hyperliquid rule, not a Hypersight choice):
| Market | Builder fee charged on |
|---|---|
| Perps | both sides — opening and closing |
| Spot | sell side only — buys are free |
| Prediction markets | sell side only — buying a position is free; the fee applies when you sell/close |
Builder fees can only be collected in the quote/collateral asset (USDC), so a spot buy — where you receive the base token — carries no builder fee.
The builder fee is approved once as a capped ceiling (the Hyperliquid perp maximum, 0.1%) when you set up trading — so the rate can move within that bound, including the volume tiering above, without ever asking you to re-sign. The actual rate for your tier is always shown at order time. You can revoke the approval at any time from your wallet or Settings.
Swap & bridge fees
For Swap and Bridge, routing is provided by LI.FI, which includes a small integrator fee (around 0.15%) on top of the underlying DEX/bridge costs. The quote you see before confirming already includes all fees and shows the exact amount you’ll receive.
Deposits & withdrawals
Hypersight doesn’t add a fee to deposit or withdraw. You only pay the underlying network gas and any bridge cost, which is shown in the route quote before you confirm.
Prediction markets
Prediction markets settle in USDC on Hyperliquid and follow the same sell-side rule as spot: opening a position (buying YES/NO) is free; the fee applies when you sell or close. The builder fee here is a flat 0.05% billed once at close (it isn’t on the volume-tiered schedule above), and holding to settlement incurs no builder fee at all. There’s no extra, market-specific surcharge.