EVEDEX vs Hyperliquid
Detailed side-by-side comparison of features, fees, and trading experience
| FEATURE | EVEDEX | HYPERLIQUID |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0.045% | 0.045% |
| Maker Fee | 0.015% | 0.015% |
| Max Leverage | 100x | 50x |
| Perp Pairs | 15 | 311 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 3.9 | 4.8 |
EVEDEX
PROS
- + Zero blockchain gas fees for trading — orders matched off-chain on Eventum L3 with ~$0.01 settlement costs
- + Up to 100x leverage on BTC and major perpetual pairs with competitive 0.045% taker / 0.015% maker base fees
- + Non-custodial: funds remain in user-controlled smart contracts, eliminating counterparty risk
CONS
- − Limited to ~15 perpetual futures pairs (BTC, ETH, SOL, XRP, LTC, LINK, DOGE, and others) — no spot or options trading yet
- − Only USDT accepted as collateral — no multi-collateral support for diversified margin
- − Relatively new platform launched in August 2025 — smaller track record compared to established DEXs
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
Frequently Asked Questions
Is EVEDEX or Hyperliquid better?
Hyperliquid has a higher rating (4.8 vs 3.9). Choose EVEDEX for higher leverage, and Hyperliquid for its features.
What are the fees on EVEDEX vs Hyperliquid?
EVEDEX charges 0.045% taker / 0.015% maker. Hyperliquid charges 0.045% taker / 0.015% maker for perpetuals.