Hyperliquid runs our 9 bots. It's the cheapest place to trade perps on chain, with order book depth that matches Binance and self-custody that doesn't. Open an account with our ref and we knock another 4% off fees, forever.
APR sign tells you who's paying. Green = longs pay shorts (crowded longs). Red = shorts pay longs (crowded shorts). Above 25% APR (yellow) is rich enough to short or fade.
| Market | Mark | 24h Δ | Funding (1h) | Funding APR | Bias | ||
|---|---|---|---|---|---|---|---|
| Loading from Hyperliquid... | |||||||
0.0210% taker, 0.0070% maker. Already half what Binance charges. Add our ref's 4% discount and the spread is bigger than the fee. Bots love it.
Order book on chain. Settlement on chain. No "we paused withdrawals." If you survived FTX you know how much that's worth.
HyperBFT consensus runs faster than your laptop refreshes. Fills feel like a CEX, but it's a chain. No more "DEX = laggy".
Where it wins, where it doesn't. The honest version.
| Hyperliquid | Binance | Bybit | dYdX | |
|---|---|---|---|---|
| Taker fee | 0.0210% | 0.040% | 0.055% | 0.050% |
| Maker fee | 0.0070% | 0.020% | 0.020% | 0.020% |
| Self-custody | YES | No | No | YES |
| KYC required | No | YES | YES | No |
| Max leverage | 40x | 125x | 100x | 20x |
| Perp markets | 230+ | 320+ | 500+ | 60 |
| Order book | On-chain CLOB | Off-chain | Off-chain | Off-chain |
| Latency | ~200ms | <50ms | <50ms | ~500ms |
TL;DR: if you trade size and you care about not losing it overnight, Hyperliquid wins. If you want 125x degen leverage and you don't mind KYC, Binance still has the edge. We picked the first.
Click through Rankloop's ref link, deposit USDC, trade. You get 4% off fees forever + 10% rebate. We get a cut from Hyperliquid, not from you.
Get Rankloop's referral link →Ref code pending — Rankloop is unlocking its own ref tier this week. Bookmark and check back, or follow the live bots while you wait.