Fees

Perps⁻¹ trading fees are set at 2× Hyperliquid’s standard perps exchange fees, with 50% of those fees going to Hyperliquid and 50% to Perps⁻¹, consistent with all other HIP-3 markets.

All usual discounts still apply, including:

• Rolling 14 day volume-based fee discounts

• Staking-based discounts

• Referral rewards

Volume tier is calculated using total trading activity across core perps, spot markets, and HIP-3 markets combined.

You can read more about fees in Hyperliquid's documentation.