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Hype Guides

Hyperliquid referral code

Apply a code once, pay less on every eligible trade.

New Hyperliquid accounts that apply a referral code before trading receive a 4% discount on eligible trading fees, up to $25M in trading volume. The discount is automatic once the code is active — no per-trade claiming.

Code last verified 5 Aug 2026 · Official referral documentation

Copy the code

YOURCODE

Open Hyperliquid with Code

Applying the code gives eligible trades a 4% fee discount, up to $25M in trading volume. Terms are set by Hyperliquid and can change.

Last verified 2026-08-05 · Official terms

How it works

Hyperliquid's referral programme is built into the exchange: a code links your new account to a referrer, the protocol discounts your eligible fees, and the referrer earns a share of what you still pay. Three steps, in order:

  1. Open Hyperliquid through the referral link

    The code attaches before your account exists — the most reliable method. Manual entry works too, on the Referrals page, as long as you have not traded yet.

  2. Confirm the code shows as applied

    Check the Referrals section before depositing. Codes cannot be applied retroactively after your first trade.

  3. Deposit and trade normally

    The discount applies automatically to eligible fees until the programme limit is reached.

What the discount is worth

A percentage off a percentage is easier to judge on a real trade size. These are labelled example values — your actual rates depend on your fee tier and Hyperliquid's current schedule.

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.

Read the complete fee guide · Discount shown: 4% (configurable)

Eligibility notes

  • Only accounts with no trading history can apply a code.
  • The discount applies to eligible fee types as defined by the current programme terms.
  • Programme limits (such as the referred-volume cap) and the discount rate are set by Hyperliquid and can change without notice.
  • Regional availability of Hyperliquid itself is your responsibility to confirm.

Frequently asked questions

Do I need the code before or after signing up?

Before your first trade. Codes bind to accounts with no trading history — opening the app through the referral link is the most reliable way to attach it.

Does the code cost me anything?

No. It discounts fees you would pay anyway. The referrer's reward comes from the programme, not from you.

What if the code doesn't apply?

Check that your account has never traded, that the code is typed exactly (use the copy button), and that the referral programme is active in your region. The official docs are the final word.

How long does the discount last?

Until the programme's limit is reached — currently expressed as a cap on referred trading volume. Hyperliquid can change these terms.

Full walkthrough with screenshots coming in the complete referral code guide.

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