Hyperliquid

On-chain perps with zero gas

Fee discount

4%

Gas fees

Zero

Type

DEX L1

Volume cap

$25M

What the affiliate link unlocks

• 4% trading fee discount with use code: KYOKA (official referral program)
• Zero gas fees — fully on-chain L1 perp DEX
• Sub-second finality, non-custodial wallet
• Discount applies until $25M cumulative volume per wallet

Terms: Referral code can't be added after wallet bind. 4% applies standard referral rate for first $25M of volume. KYC never required.