Fees

Summary

The following fees are charged on Based before any HYPE or BASED staking discount.

Assets	Taker	Maker
Perps (with growth mode)	0.011%	0.005%
Perps	0.07%	0.04%

Some markets on Hyperliquid has growth-mode enabled by Hyperliquid Protocol. Usually, equity perps deployed by XYZ has growth-mode enabled.

When you trade on Based, your total fee is made up of two parts:

1. Hyperliquid trading fee — set by Hyperliquid based on your volume tier and staking level

2. Based builder fee — a small fee added by Based on top of the Hyperliquid fee

Your total fee = Hyperliquid trading fee + Based builder fee.

Total Fees at a Glance

Without staking

Market	Action	HL Fee (Taker)	Based Builder Fee	Total
Perp	Buy / Sell	0.045%	0.025%	0.070%
Perp (Growth Mode)	Buy / Sell	0.009%	0.002%	0.011%
Spot	Buy	0.070%	None	0.070%
Spot	Sell	0.070%	0.1%	0.170%

With Diamond $BASED staking (600,000+ $BASED)

Market	Action	HL Fee (Taker)	Based Builder Fee	Total
Perp	Buy / Sell	0.045%	0%	0.045%
Spot	Buy	0.070%	None	0.070%
Spot	Sell	0.070%	0%	0.070%

Maker fees are lower — see the full tier tables below.

Both parts of the fee can be reduced:

• HL trading fee — reduced by volume tiers and HYPE staking

• Based builder fee — reduced by $BASED staking (up to 100% off)

Majority of builder fees (up to 76%) are redistributed as affiliate rewards to our community. See our Affiliate Program for details.

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Hyperliquid Trading Fees

Trading fees are based on your rolling 14-day volume and are assessed at the end of each day in UTC. Sub-account volume counts toward the master account and all sub-accounts share the same fee tier. Vault volume is treated separately from the master account. Referral rewards apply for a user's first $1B in volume and referral discounts apply for a user's first $25M in volume.

Maker rebates are paid out continuously on each trade directly to the trading wallet. Users can claim referral rewards from the Referrals page.

There are separate fee schedules for perps vs spot. Perps and spot volume will be counted together to determine your fee tier, and spot volume will count double toward your fee tier. i.e., (14d weighted volume) = (14d perps volume) + 2 * (14d spot volume)

Perps fee tiers

Tier	14d Volume ($)	Base Taker	Base Maker	Diamond Taker	Diamond Maker	Platinum Taker	Platinum Maker	Gold Taker	Gold Maker	Silver Taker	Silver Maker	Bronze Taker	Bronze Maker	Wood Taker	Wood Maker
0		0.045%	0.015%	0.0270%	0.0090%	0.0315%	0.0105%	0.0360%	0.0120%	0.0383%	0.0128%	0.0405%	0.0135%	0.0428%	0.0143%
1	>5M	0.040%	0.012%	0.0240%	0.0072%	0.0280%	0.0084%	0.0320%	0.0096%	0.0340%	0.0102%	0.0360%	0.0108%	0.0380%	0.0114%
2	>25M	0.035%	0.008%	0.0210%	0.0048%	0.0245%	0.0056%	0.0280%	0.0064%	0.0298%	0.0068%	0.0315%	0.0072%	0.0333%	0.0076%
3	>100M	0.030%	0.004%	0.0180%	0.0024%	0.0210%	0.0028%	0.0240%	0.0032%	0.0255%	0.0034%	0.0270%	0.0036%	0.0285%	0.0038%
4	>500M	0.028%	0.000%	0.0168%	0.0000%	0.0196%	0.0000%	0.0224%	0.0000%	0.0238%	0.0000%	0.0252%	0.0000%	0.0266%	0.0000%
5	>2B	0.026%	0.000%	0.0156%	0.0000%	0.0182%	0.0000%	0.0208%	0.0000%	0.0221%	0.0000%	0.0234%	0.0000%	0.0247%	0.0000%
6	>7B	0.024%	0.000%	0.0144%	0.0000%	0.0168%	0.0000%	0.0192%	0.0000%	0.0204%	0.0000%	0.0216%	0.0000%	0.0228%	0.0000%

Spot fee tiers

Tier	14d Volume ($)	Base Taker	Base Maker	Diamond Taker	Diamond Maker	Platinum Taker	Platinum Maker	Gold Taker	Gold Maker	Silver Taker	Silver Maker	Bronze Taker	Bronze Maker	Wood Taker	Wood Maker
0		0.070%	0.040%	0.0420%	0.0240%	0.0490%	0.0280%	0.0560%	0.0320%	0.0595%	0.0340%	0.0630%	0.0360%	0.0665%	0.0380%
1	>5M	0.060%	0.030%	0.0360%	0.0180%	0.0420%	0.0210%	0.0480%	0.0240%	0.0510%	0.0255%	0.0540%	0.0270%	0.0570%	0.0285%
2	>25M	0.050%	0.020%	0.0300%	0.0120%	0.0350%	0.0140%	0.0400%	0.0160%	0.0425%	0.0170%	0.0450%	0.0180%	0.0475%	0.0190%
3	>100M	0.040%	0.010%	0.0240%	0.0060%	0.0280%	0.0070%	0.0320%	0.0080%	0.0340%	0.0085%	0.0360%	0.0090%	0.0380%	0.0095%
4	>500M	0.035%	0.000%	0.0210%	0.0000%	0.0245%	0.0000%	0.0280%	0.0000%	0.0298%	0.0000%	0.0315%	0.0000%	0.0333%	0.0000%
5	>2B	0.030%	0.000%	0.0180%	0.0000%	0.0210%	0.0000%	0.0240%	0.0000%	0.0255%	0.0000%	0.0270%	0.0000%	0.0285%	0.0000%
6	>7B	0.025%	0.000%	0.0150%	0.0000%	0.0175%	0.0000%	0.0200%	0.0000%	0.0213%	0.0000%	0.0225%	0.0000%	0.0238%	0.0000%

Staking tiers

Staking HYPE reduces your Hyperliquid trading fees. These discounts apply to the HL fee portion only.

Tier	HYPE staked	Trading fee discount
Wood	>10	5%
Bronze	>100	10%
Silver	>1,000	15%
Gold	>10,000	20%
Platinum	>100,000	30%
Diamond	>500,000	40%

Maker rebates

Tier	14d weighted maker volume	Maker fee
1	>0.5%	-0.001%
2	>1.5%	-0.002%
3	>3.0%	-0.003%

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Based Builder Fees

Based charges a builder fee on top of Hyperliquid trading fees:

Market	Action	Builder Fee
Perp	Buy / Sell	0.025%
Spot	Buy	None
Spot	Sell	0.1%

$BASED Staking Discounts

Stake $BASED to reduce your Based builder fees. Diamond tier eliminates builder fees entirely. See Staking for full details.

Tier	$BASED Staked	Builder Fee Discount
—	< 60,000	0%
Silver	60,000+	30%
Gold	300,000+	60%
Diamond	600,000+	100%

Example — Spot sell builder fee (0.1%):

Tier	Builder Fee After Discount
No stake	0.10%
Silver (60K)	0.07%
Gold (300K)	0.04%
Diamond (600K)	0%

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HIP-3 Assets

Growth mode OFF

• User trading fees are 2x the usual fee of validator-operated perps. Documented here

• Builder fees don't change

Growth mode ON

• 80% fee reduction for all Growth Mode perpetual markets. Hyperliquid protocol has enabled growth mode on most xyz markets

• Based charges a flat builder fee of 0.002% (reduced from 0.025%).

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Prediction Market Fees

For full details on prediction market fees, see our Prediction Markets page