
Hyperliquid
🛠️Function
AMM:
Order Book:
No
Yes
Aggregator:
Perpetuals:
No
Yes
⛓️Network
Main:
Supported:
Token:
Hyperliquid
Hyperliquid
Yes (HYPE)
🌐 Platform
Browser:
Mobile app:
Desktop:
Yes
No
No
💰Token & Liquidity
Liquidity pools:
Yield farming:
No
No
Staking:
Bridging:
Yes
Yes
💸Fees
Swap fees:
Dynamic fee:
Maker/Taker
Yes
Protocol fee:
Gas fee:
Yes
Very low
🔐 Security
Contract audited:
Open source:
Admin key risk:
Fully decentralized:
Yes
Part
Limited
Validator
type:
type:
🧭 CryptoDroply Advice Rate
One of the fastest and most capital-efficient decentralized perpetual exchanges. Designed for serious on-chain traders.
Hyperliquid is a decentralized perpetual exchange built on its own custom Layer 1 blockchain.
It offers:
On-chain order book
High-speed execution
Deep liquidity
Low fees
Leveraged trading
Unlike AMM-based Perp DEXs, Hyperliquid uses a traditional order book architecture, similar to centralized exchanges but fully on-chain.
No KYC or account registration is required.
⚙️ How it works
Connect wallet
Deposit collateral via bridge
Open long or short position
Manage leverage
Close position
Key mechanics:
Order book matching engine
Funding rate mechanism
Liquidation engine
Validator-secured blockchain
Hyperliquid is optimized for:
Low latency
High throughput
Professional traders
All positions settle on its dedicated Layer 1 network.
🎯 When to use it
Use Hyperliquid when you:
Trade perpetual futures
Use high leverage
Want CEX-like speed on-chain
Avoid centralized exchanges
Need deep derivatives liquidity
Not ideal if you:
Only swap tokens
Are beginner in leverage trading
Need fiat integration

Unlock the full guide
In the PRO version you'll find a curated selection of the best YouTube tutorials for this tool, handpicked from the top crypto creators worldwide, so you don't waste time searching through noise.
Watch, follow along, and get started correctly from day one.
PRO
Most Popular
€14/mo
✅ Grow section
✅ Privacy section
✅ Curated video tutorials
✅ Airdrop guides 2–3x/week
✅ Monthly coin analyses (4 coins)
MASTER
€29/mo
✅ Everything in PRO
✅ Telegram support
✅ Early airdrop alerts
✅ Private deal flow
✅ Direct line for questions