Compare Hyperliquid vs. Gate.io perpetuals: funding rates, fees, open interest, trading volume, liquidity, liquidation data and regulatory compliance updated in real-time.
Go to site | Go to site | |
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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. | Gate.io, founded in 2013 by Lin Han, ranks fourth among our crypto perpetuals exchanges, offering deep liquidity and extensive asset coverage. Serving 22M+ users globally, Gate.io supports 3,800+ cryptocurrencies, 560+ perpetual futures pairs, spot, margin, derivatives, and quant trading. Licensed in jurisdictions like Malta and Dubai, it provides best-in-class security (cold storage, multi-sig wallets, MPC encryption), transparent Proof of Reserves, and institutional-grade APIs. |
Rating | ||
Spot Assets | 60 | 3800 |
Perpetual Contracts | USDC only | USDT only |
Spot Volume (24H) | -- -- -- | -- -- -- |
Perpetuals Volume (24H) | -- -- -- | -- -- -- |
Crypto Options Volume (24H) | -- -- -- | -- -- -- |
Open Interest (24H) | -- -- -- | -- -- -- |
Live Funding Rates ![]() BTC Funding Rate ![]() ETH Funding Rate ![]() BNB Funding Rate ![]() SOL Funding Rate | -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- | -- -- -- -- -- -- USDC -- -- -- -- -- -- USDC -- -- -- -- -- -- USDC -- -- -- -- -- -- USDC |
Taker Fees | 0.045 % | 0.05 % |
Maker Fees | 0.015 % | 0.02 % |
Perpetual Contract Types | USDC only | USDT only |
Available Leverage | 40x | 125x |
Regulation | Decentralized and Unregulated | AUSTRAC (Australia), TCSP (Hong Kong), DLT Provider (Gibraltar), VFA (Malta), SCB (Bahamas), and 3 more |
Proof of Reserves | Yes No | Yes No |
Supported Countries | 195 | 165 |
Total Users | 404,000 | 21 Million |
Headquarters | Decentralized (HyperEVM) | George Town, Cayman Islands |
Visit Exchange | Go to site | Go to site |