Lower Fees
0.06
%
Taker Fee ·
Bitget
Higher Volume
$8.07B
Taker Fee ·
Bitget
More Leverage
125x
Taker Fee ·
Bitget
Higher Rating
8.4
/10
Taker Fee ·
Bitget
Rating
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.
Bitget, established in 2018, is our fifth-ranked crypto perpetuals exchange, offering competitive liquidity and global trading coverage.
Headquartered in Seychelles, it serves 100M+ users in 150 countries, providing spot, futures, margin, automated bots, and extensive copy trading.
Bitget holds licenses across regions including the US and EU, maintains transparent Proof of Reserves, and secures user funds with cold storage, multi-sig wallets, and two-factor authentication.
Volume & Liquidity
Hyperliquid | Bitget | ||
|---|---|---|---|
Perpetuals Volume (24H) | $4.47B | $8.07B | |
Crypto Options Volume (24H) | $0 | $0 | |
Open Interest (24H) | $4.38B | $4.62B |
Fees & Costs
Hyperliquid | Bitget | ||
|---|---|---|---|
Taker Fees | 0.045 % | 0.06 % | |
Maker Fees | 0.015 % | 0.02 % |
Live Funding Rates
BTC Funding Rate
USDT Settlement
Hyperliquid
0.0006%
Bitget
0.0065%
ETH Funding Rate
USDT Settlement
Hyperliquid
0.0005%
Bitget
-0.0025%
SOL/USDT
USDT Settlement
Hyperliquid
-0.0001%
Bitget
-0.0048%
BNB/USDT
USDT Settlement
Hyperliquid
0.0013%
Bitget
0.0069%
Trading Features
Hyperliquid | Bitget | ||
|---|---|---|---|
Perpetual Contract Types | USDC only | USDT and USDC | |
Available Leverage | 40x | 125x | |
Spot Assets | 60 | 745 |
Regulation & Trust
Hyperliquid | Bitget | ||
|---|---|---|---|
Regulation | Decentralized and Unregulated | Regulators including MSB (USA), OAM (Italy), VASP (Poland), BSP (El Salvador), and 3 more | |
Proof of Reserves | ✓ Yes | ✓ Yes | |
Supported Countries | 195 | ||
Total Users | 404,000 | 50 Million | |
Headquarters | Decentralized (HyperEVM) | Singapore |
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