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Hyperliquid Review

The leading on-chain perp DEX — fast order book, self-custody, no KYC.

Quick facts
Rating
4.6 / 5
Max leverage
50×
Type
Decentralized
Verification
No KYC
Assets
Crypto
Taker fee
0.035%
Open to Iran
Yes
Demo account
No

About Hyperliquid

Hyperliquid is a high-performance decentralized perpetuals exchange with its own L1 and a fully on-chain order book. You trade from your own wallet (self-custody), there's no KYC, and execution is fast enough to feel like a centralized exchange. Crypto pairs only.

Pros
  • Self-custody (no deposits to a company)
  • No KYC
  • Fast on-chain order book
  • Low fees
Cons
  • Crypto only — no gold/silver
  • Requires an on-chain wallet
  • No demo account
Start trading on Hyperliquid
Start trading on Hyperliquid

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