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 | 40x |
| Perp Pairs | 168 | 369 |
| Spot Trading | No | Yes |
| KYC Required | No | No |
| Rating | 4.5 | 4.8 |
GRVT
PROS
- + Negative maker fees across all nine tiers, from -0.0001% at Level 1 to -0.003% at Level 9 — makers earn rebates instead of paying to provide liquidity
- + Self-custodial with optional KYC — users can sign up with only an email and trade without identity verification while keeping full control of funds
- + Around 168 perpetual markets spanning crypto and real-world assets, including gold (XAU), oil (WTI), and equities like Tesla, with up to 50x leverage on BTC
CONS
- − Only USDT and USDC accepted as collateral — no BTC, ETH, or multi-collateral margin support
- − Spot and options markets are not yet live — the platform is perpetuals-only, and even gold and stock exposure is traded via perps
- − KYC is still required to claim the upcoming $GRVT airdrop tokens at TGE and to lift the 50,000 USDT/day bridge withdrawal limit
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 higher leverage, 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.