Hyperliquid 手续费指南 2026： 完整费率结构及省钱方法

Hyperliquid uses a maker-taker fee model for all 交易. Maker orders (限价单s that add 流动性 to the 订单簿) pay lower fees than taker orders (市价单s that remove 流动性). This incentivizes 限价单 placement and improves overall market 流动性.

At the base VIP 0 level, makers pay 0.015% and takers pay 0.045%. These are already among the lowest in the industry — significantly cheaper than Binance (0.02%/0.05%), dYdX (0.02%/0.05%), and especially GMX (0.05%/0.07%). And unlike all other DEXs, Hyperliquid charges zero Gas 费s.

Fees decrease further as your 14-day rolling 交易量 increases through the VIP tier system. There are 6 VIP levels, with VIP 5 offering the lowest fees at 0.004% maker and 0.025% taker.

On top of VIP tiers, you can stack additional discounts through the TRADEOFF4 推荐码 (4% off) and HYPE 代币 质押 (up to 40% off). These discounts multiply together for maximum savings.

One of Hyperliquid most significant advantages is zero Gas 费s for all 交易 operations. Unlike Ethereum-based DEXs where each trade requires a gas payment ($1-50+ depending on network congestion), Hyperliquid absorbs all gas costs on its L1 chain.

This means placing orders, canceling orders, modifying positions, and executing trades are all free from gas costs. The only fee you pay is the maker or taker 交易手续费. This is particularly beneficial for active 交易者s and market makers who place hundreds of orders per day.

The Hyperliquid L1 区块链 uses a custom 共识 mechanism (HyperBFT) that achieves sub-second 最终性 while maintaining zero Gas 费s. This is possible because the chain is purpose-built for 交易, unlike general-purpose 区块链s that charge gas for all operations.

Hyperliquid uses hourly funding rates for 永续合约. Funding is a peer-to-peer payment mechanism that keeps the 永续 price anchored to the spot price. Unlike 交易手续费s, funding rates are not paid to Hyperliquid — they are 交易所d directly between long and short 交易者s.

When the 永续 price trades above the spot price (positive funding), long positions pay short positions. When the 永续 trades below spot (negative funding), shorts pay longs. Funding is calculated and settled every hour based on the premium between the two prices.

Funding rates on Hyperliquid are typically low due to the platform deep 流动性 and efficient arbitrage. Average rates range from -0.01% to +0.01% per 8 hours for major pairs like BTC and ETH. However, during high 波动性 or strong directional moves, rates can spike significantly.

For active 交易者s, funding rates represent an additional cost (or income) that should be factored into your 交易 strategy. Long-term position holders should monitor funding closely, as it can erode profits over time during extended trends.

Hyperliquid uses Arbitrum for 充值s and 提现s. When 充值ing USDC, you bridge from Arbitrum to the Hyperliquid L1. This bridge transaction has minimal gas costs on Arbitrum (typically $0.01-0.05) and completes within 1-2 minutes.

提现s follow the reverse path — from Hyperliquid L1 back to Arbitrum. Hyperliquid does not charge a 提现 fee. The only cost is the small Arbitrum Gas 费 for the receiving transaction, typically under $0.05.

For large 提现s (over $1M), there may be a brief processing delay for security verification, but no additional fees are charged. Hyperliquid does not have minimum 提现 amounts, and there is no fee percentage applied to 提现s.