GRVT vs Hyperliquid
Detailed side-by-side comparison of features, fees, and trading experience
| FEATURE | GRVT | HYPERLIQUID |
|---|---|---|
| Type | HYBRID | DEX |
| Taker Fee | 0.045% | 0.045% |
| Maker Fee | -0.0001% | 0.015% |
| Max Leverage | 50x | 50x |
| Perp Pairs | 96 | 311 |
| Spot Trading | No | Yes |
| KYC Required | Yes | No |
| Rating | 4.5 | 4.8 |
GRVT
PROS
- + Negative maker fees across all tiers, starting at -0.0001% at Level 1 and reaching -0.003% at Level 9 — traders earn rebates for providing liquidity
- + Sub-millisecond execution with up to 600,000 TPS on custom ZKsync Validium appchain, rivaling centralized exchange performance
- + Non-custodial smart account wallet eliminates counterparty risk — all settlements verified onchain via zero-knowledge proofs on Ethereum L1
CONS
- − KYC required via ComplyCube (document verification + biometrics) — unlike most DEXs, anonymous trading is not possible
- − Only USDT as trading collateral — no multi-collateral support with BTC, ETH, or stablecoins like USDC yet
- − Restricted in 9 jurisdictions including the US, Singapore, Hong Kong, Cuba, Iran, and North Korea
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 GRVT or Hyperliquid better?
Hyperliquid has a higher rating (4.8 vs 4.5). Choose GRVT for its features, and Hyperliquid for its features.
What are the fees on GRVT vs Hyperliquid?
GRVT charges 0.045% taker / -0.0001% maker. Hyperliquid charges 0.045% taker / 0.015% maker for perpetuals.