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Hyperliquid vs Aevo

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

FEATURE HYPERLIQUID AEVO
Type DEX DEX
Taker Fee 0.045% 0.08%
Maker Fee 0.015% 0.05%
Max Leverage 50x 20x
Perp Pairs 311 147
Spot Trading Yes No
KYC Required No No
Rating 4.8 4.2

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

Aevo

PROS

  • + Unique options markets alongside perpetuals — one of the only DEX platforms offering onchain vanilla options alongside 148+ perpetual pairs
  • + Competitive perpetuals fees at 0.08% taker / 0.05% maker, with maker rebates on options as low as 0.03%
  • + No KYC required — fully non-custodial trading by connecting any EVM wallet, accessible globally except US, Canada, and China

CONS

  • Maximum leverage of 20x is lower than competitors like Hyperliquid (40x) and GMX (50x) — not suitable for high-leverage seekers
  • TVL of approximately $22M is significantly lower than leading perpetuals DEXs (Hyperliquid: $4.8B, GMX: $500M+) — may limit depth and liquidity
  • Only USDC accepted as primary collateral — no multi-collateral support like some competing platforms

Start Trading on Hyperliquid

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

OPEN HYPERLIQUID

Start Trading on Aevo

Non-custodial, no KYC required.

OPEN AEVO

Frequently Asked Questions

Is Hyperliquid or Aevo better?

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

What are the fees on Hyperliquid vs Aevo?

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