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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.

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Your first session, in four guides

All getting-started guides
Getting Started

How to Deposit on Hyperliquid

Supported collateral, bridging routes and the checks to run before your first Hyperliquid deposit.

Updated 2 Aug 2026 · 6 min read

FeesFeatured

Hyperliquid Fees Explained

Maker and taker fees, volume tiers, staking discounts and how referral discounts stack — with a worked example.

Updated 4 Aug 2026 · 9 min read

Direct answer

What does a Hyperliquid referral code provide?

A referral code gives a new Hyperliquid account a discount on eligible trading fees, applied automatically once the code is active. The discount rate and any volume limits are set by Hyperliquid and can change, so confirm current terms in the official documentation before relying on exact numbers.

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 5 Aug 2026Read the complete guide

Latest field notes

Recently updated guides

Browse all guides
FeesFeatured

Hyperliquid Fees Explained

Maker and taker fees, volume tiers, staking discounts and how referral discounts stack — with a worked example.

Updated 4 Aug 2026 · 9 min read

Getting Started

How to Deposit on Hyperliquid

Supported collateral, bridging routes and the checks to run before your first Hyperliquid deposit.

Updated 2 Aug 2026 · 6 min read

HYPE Token

What Is the HYPE Token?

HYPE's role in the Hyperliquid ecosystem: staking, fee discounts and how it relates to HyperEVM.

Updated 30 Jul 2026 · 6 min read

Security

Hyperliquid Wallet Security Basics

Self-custody hygiene for Hyperliquid users: seed phrases, approvals, phishing and hardware wallets.

Updated 28 Jul 2026 · 5 min read

Learn by topic

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 DYDX

Hyperliquid vs dYdX

Both are decentralized perps — the difference is architecture and momentum.

Get important Hyperliquid updates without the noise.

Occasional emails when fees, programmes or major features change. No daily hype.