BingX
Hyperliquid
vs
BingX
BingX

Compare Hyperliquid vs. BingX perpetuals: funding rates, fees, open interest, trading volume, liquidity, liquidation data and regulatory compliance updated in real-time.

Data updates automatically every 2 minutes.
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About

Hyperliquid is the largest onchain perp exchange, clearing over $300 billion a month on a custom Layer 1 using HyperBFT for one-block finality and sub-second execution. Its onchain order book processes more than 200,000 orders per second.

Founded in 2023 by former HRT engineer Jeff Yan, it offers 100 plus perp markets with up to 40x leverage, permissionless listings, and USDC-margined contracts. All trading and liquidations settle onchain through HyperCore and HyperEVM.

The network is community owned with no paid market makers or listing fees, secured by a validator set running HyperBFT. Hyperliquid releases verifiable onchain data on funding, open interest, liquidations, and vault activity.

BingX, founded in 2018 by Josh Lu, provides deep liquidity and competitive trading volumes for crypto perpetuals.

Serving over 20M global users, BingX offers spot trading, derivatives, copy trading, and asset management, featuring leverage up to 125x.

Licensed in Lithuania (FSIC), BingX secures user assets through Mazars-verified Proof of Reserves, regular CertiK security audits, and two-factor authentication.

Rating

6.5

/10

Rating Methodology

Read Review
  • Regulatory Compliance

    1

  • Features & Supported Assets

    7

  • Trading Fees

    10

  • Depth & Liquidity

    8

7.25

/10

Rating Methodology

Read Review
  • Regulatory Compliance

    5

  • Features & Supported Assets

    7

  • Trading Fees

    9

  • Depth & Liquidity

    8

Spot Assets

60

1000

Perpetual Contracts

USDC only

USDT and USDC

Spot Volume (24H)

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Perpetuals Volume (24H)

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Crypto Options Volume (24H)

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Open Interest (24H)

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Live Funding Rates
BTC Funding Rate
ETH Funding Rate
BNB Funding Rate
SOL Funding Rate

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USDC

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USDC

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USDC

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USDC
Taker Fees

0.045

%

0.05

%

Maker Fees

0.015

%

0.02

%

Perpetual Contract Types

USDC only

USDT and USDC

Available Leverage

40x

125x

Regulation

Decentralized and Unregulated

Only regulated by FSIC (Lithuania)

Proof of Reserves

Yes

No

Yes

No

Supported Countries

195

150

Total Users

404,000

20 Million

Headquarters

Decentralized (HyperEVM)

Singapore

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