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Independent guides for the Hyperliquid ecosystem

Hype Guides

The independent Hyperliquid field guide

Trade Hyperliquid with less guesswork.

Clear, independent guides for using Hyperliquid, understanding trading fees and exploring the HYPE ecosystem.

Owner's note

Built with skin in the game

I have held HYPE since 2024. Hype Guides is my way of giving back to the ecosystem that made me a long-term holder — and, candidly, of working for my bags by helping more people understand it. I benefit if the ecosystem succeeds, so that financial alignment is disclosed rather than hidden.

Why I built the site

Start here

Your first session, in four guides

All getting-started guides
Getting Started

How to Deposit on Hyperliquid

How to deposit on Hyperliquid safely: choose the right asset and network, transfer funds and verify your trading balance.

Updated 19 Aug 2026 · 6 min read

Trading

How to Start Trading on Hyperliquid

How to start trading on Hyperliquid: fund your account, choose an order type and margin mode, size risk and set an exit.

Updated 19 Aug 2026 · 8 min read

FeesFeatured

Hyperliquid Fees Explained

How Hyperliquid maker and taker fees work, including volume tiers, staking and referral discounts, with a worked example.

Updated 19 Aug 2026 · 9 min read

Direct answer

What does a Hyperliquid referral code provide?

Apply a Hyperliquid referral code before your first trade to receive an automatic discount on eligible trading fees. It cannot be added retroactively, and the discount rate and volume limit can change, so verify the current terms before trading.

Applies to:
New accounts, before trading
What it affects:
Eligible trading fees
Where to apply:
Referral link or Referrals page
Terms set by:
Hyperliquid (can change)

Updated 19 Aug 2026Read the complete guide

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Find your lane

Know your costs

See what a fee discount actually changes

Percentages of percentages are hard to feel. This worked example shows how a referral discount lands on a real trade size — with clearly labelled example values, not live quotes.

Read the complete fee guide

Fee example

illustrative values

Example trade size
$10,000.00
Base taker fee
0.045%
Referral discount
−4% of fee
Effective fee rate
0.0432%
Fee without code
$4.50
Fee with code
$4.32

A 4% referral discount reduces the fee itself, not the trade — on a $10,000.00 taker order it is the difference between the last two rows. Actual rates depend on your fee tier and Hyperliquid's current schedule; this panel is an example, not a quote.

Comparisons

Hyperliquid, next to what you know

HL vs BYBIT

Hyperliquid vs Bybit

Both are perps-first — the split is custody, KYC and retail extras.

HL vs ASTER

Hyperliquid vs Aster

Both are self-custodial perps DEXs — the split is transparency versus privacy, and track record versus incentives.

Coming soon

A newsletter, when there's something worth sending.

Occasional emails when fees, programmes or major features change — no daily hype. Sign-up opens once the first issue is ready.