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Aevo vs Hyperliquid

Detailed side-by-side comparison of features, fees, and trading experience

FEATURE AEVO HYPERLIQUID
Type DEX DEX
Taker Fee 0.08% 0.045%
Maker Fee 0.05% 0.015%
Max Leverage 20x 40x
Perp Pairs 144 369
Spot Trading No Yes
KYC Required No No
Rating 4.2 4.8

Aevo

PROS

  • + Rare on-chain options markets alongside 144 perpetual pairs — one of the only DEXs offering vanilla options and perps under a single unified margin account
  • + Competitive perpetual fees of 0.08% taker / 0.05% maker, with options at 0.05% / 0.03% and up to a 20% fee discount for AEVO stakers
  • + No KYC required — non-custodial trading by connecting any EVM wallet, accessible globally except the US, Canada, and China

CONS

  • Maximum 20x leverage on perpetuals is well below competitors like GMX (100x) and Avantis (500x), limiting appeal for high-leverage traders
  • TVL of roughly $15M is far smaller than leading perpetual DEXs such as Hyperliquid, which can reduce depth on lower-volume pairs
  • The full 20% fee discount requires staking AEVO with lock-ups of up to 12 months, so casual traders pay standard rates

Hyperliquid

PROS

  • + Low perpetuals taker fee of 0.045% at base tier, reducing to 0.024% at VIP 6 ($7B+ volume), with up to 40% additional discount for HYPE stakers
  • + Up to 40x leverage on BTC perpetuals (25x on ETH, 20x on SOL), with cross, isolated, and strict isolated margin modes
  • + No KYC required — fully non-custodial trading by connecting any EVM-compatible wallet, with complete onchain transparency

CONS

  • Only USDC as primary perpetuals collateral — multi-collateral (uBTC, uETH, uSOL) requires third-party tokenization via Hyperunit
  • Restricted in the US, Russia, Cuba, Iran, North Korea, and Syria — frontend blocks restricted IP addresses
  • No official mobile app — any app store listing claiming to be Hyperliquid is a scam per official support documentation

Start Trading on Aevo

Get 10% fee discount with our referral link. Non-custodial, no KYC.

OPEN AEVO

Start Trading on Hyperliquid

Get 4% fee discount with our referral link. Non-custodial, no KYC.

OPEN HYPERLIQUID

Frequently Asked Questions

Is Aevo or Hyperliquid better?

Hyperliquid has a higher rating (4.8 vs 4.2). Hyperliquid offers lower fees (0.045% vs 0.08%). Choose Aevo for its features, and Hyperliquid for lower fees.

What are the fees on Aevo vs Hyperliquid?

Aevo charges 0.08% taker / 0.05% maker. Hyperliquid charges 0.045% taker / 0.015% maker for perpetuals.