SIDE-BY-SIDE COMPARISON
Hyperliquid vs Lighter Compare published fees and activity. Figures can cover different product scopes and timestamps; higher activity does not guarantee better execution.
First venueHyperliquid Aster Lighter edgeX tradeXYZ Variational Omni ApeX Omni GRVT StandX Pacifica Antarctic Extended Paradex dYdX Second venueHyperliquid Aster Lighter edgeX tradeXYZ Variational Omni ApeX Omni GRVT StandX Pacifica Antarctic Extended Paradex dYdX
Normalized volume is a separate source-defined metric, not a wash-trading verdict. Amber observations are dated references or stale.
H Hyperliquid A perpetuals venue on a dedicated Layer 1. Review the market-specific book, fee tier, and position limits before sizing an order.
Open interest $7.82B
Reported volume · 24h $3.63B
Normalized volume · 24h $12.64B·
Reported volume · 30d $222.99B·
Maker / taker 1.5 bp / 4.5 bp
Taker fee / $100k $45.00
Fee schedule checked 22 Sept 2026 Base tier · native perps. No staking or referral discount. HIP-3 deployer fees and growth-mode markets can differ.
Official fee source ↗ Hyperliquid Perps as tracked by DefiLlama. Builder markets can overlap with separate listings; totals are not summed.
Open Hyperliquid ↗ L Lighter An order-book venue with different account modes. Standard, Premium and Plus accounts trade off fees, latency and rate limits.
Open interest $544.48M
Reported volume · 24h $1.57B
Normalized volume · 24h $2.18B·
Reported volume · 30d $53.78B·
Maker / taker 0 bp / 0 bp
Taker fee / $100k $0.00
Fee schedule checked 22 Sept 2026 Standard account. Ordinary Standard-account orders. Premium and Plus accounts and specialized order types may charge fees; confirm the order ticket.
Official fee source ↗ Lighter main perpetuals only for API observations. Robinhood perpetuals are excluded. A public-page parent observation may have broader coverage; its scope is labelled.
Open Lighter ↗