Hyperliquid Alternatives
18 perpetual DEX alternatives ranked — updated 2026-10-04
Rated 4.5/5. GRVT is a regulated, self-custodial hybrid exchange on ZKsync offering crypto and stock perpetuals with up to 50x leverage, negative maker fees, and optional KYC.
50x leverage · 0.045% taker · No KYC
Rated 4.2/5. Aevo is a non-custodial Layer 2 DEX offering perpetuals and options with up to 20x leverage, using an off-chain order book with on-chain settlement.
20x leverage · 0.08% taker · No KYC
Offers lower 0.04% taker fee and higher leverage up to 1001x versus Hyperliquid.
1001x leverage · 0.04% taker · No KYC
Offers higher leverage up to 100x versus Hyperliquid.
100x leverage · 0.045% taker · No KYC
Offers lower 0.025% taker fee and higher leverage up to 100x versus Hyperliquid.
100x leverage · 0.025% taker · No KYC
Rated 4/5. dYdX is a decentralized derivatives exchange on its own Cosmos appchain offering 73 perpetual markets with up to 50x leverage on BTC and ETH, plus Solana spot trading.
50x leverage · 0.05% taker · No KYC
Offers higher leverage up to 200x versus Hyperliquid.
200x leverage · 0.045% taker · No KYC
Offers higher leverage up to 500x versus Hyperliquid.
500x leverage · 0.045% taker · No KYC
Rated 2.5/5. Velocity, formerly Drift, is a Solana perpetuals DEX with USDT settlement and up to 20x leverage, reopened in September 2026 after an April 2026 exploit.
20x leverage · 0.06% taker · No KYCFrequently Asked Questions
What is the best alternative to Hyperliquid?
The highest-rated alternative to Hyperliquid is GRVT (4.5/5), a HYBRID with up to 50x leverage and a 0.045% taker fee. Rated 4.5/5. GRVT is a regulated, self-custodial hybrid exchange on ZKsync offering crypto and stock perpetuals with up to 50x leverage, negative maker fees, and optional KYC.
Why look for a Hyperliquid alternative?
Traders compare Hyperliquid alternatives for lower fees, higher leverage, different collateral or chains, KYC vs no-KYC access, or geo-restrictions. All 18 alternatives here are live perpetual DEXs, ranked on the same up-to-date data as our Hyperliquid review.
Are these Hyperliquid alternatives no-KYC?
Most are. 18 of the 18 alternatives let you trade by connecting a wallet with no identity verification. Check each card — hybrid exchanges may require KYC.