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Hyperliquid fees in 2026: what trading actually costs

Every fee you can pay, where it goes, and what cabbge takes. Checked against Hyperliquid's live configuration on 25 September 2026.

The short version

cabbge currently charges nothing on any fill. The builder fee is switched off until cabbge's builder wallet meets Hyperliquid's 100 USDC requirement, and the desk says so on every quote. On top of that you always pay Hyperliquid's own trading fees, which go to the exchange, not to cabbge. There is no subscription, no deposit fee, no withdrawal fee from cabbge, and no minimum balance.

Every fee, in order

FeeWho charges itHow muchWhen
Hyperliquid taker feeHyperliquid0.045% at the base tier, falling to 0.024% at very high volumeEvery order that crosses the book
Hyperliquid maker feeHyperliquid0.015% at the base tier, 0% at high volume, and a rebate above 0.5% of global maker volumeEvery order that rests
cabbge builder fee, perpsHyperliquid, on cabbge's behalfnothing today; capped by Hyperliquid at 0.1%Each perp fill, both sides
cabbge builder fee, prediction marketsHyperliquid, on cabbge's behalfnothing today; capped at 1%Only if you sell before the market resolves. Hyperliquid does not permit a fee on entering, and none is charged on settlement.
DepositNobodyFree, but you pay Arbitrum gas to send USDCSending USDC to Hyperliquid's bridge
WithdrawalHyperliquid$1 flatWithdrawing from Hyperliquid to Arbitrum

Hyperliquid's fee schedule: hyperliquid.gitbook.io/hyperliquid-docs/trading/fees. Builder-code caps: builder codes.

What a real trade costs

A $25 margin position at 5x leverage is $125 of notional. At Hyperliquid's base taker tier that is 5.6 cents to the exchange, and nothing to cabbge. Closing it costs the same again.

A $100 prediction-market bet held to settlement costs nothing beyond the spread you cross when you buy: not to Hyperliquid, which charges zero on outcome markets while they are in testing, and not to cabbge, which the venue does not allow to charge on entry.

How the builder fee actually works

Hyperliquid has a program called builder codes. A front-end can ask the exchange to add a fee to orders it routes, and the exchange collects it and passes it on. Two things follow from that, and both are in your favour:

What cabbge does not do

No subscription tiers. No deposit bonus, cashback or rebate — those are prohibited for retail in the EU under the CFD intervention rules, and they are a bad reason to choose where to trade. No fee on winning, because Hyperliquid does not permit one on outcome markets and because a fee that only bites when you are right is a strange thing to build. No custody, so there is nothing to charge you for holding.

Open the desk →

Your own wallet. Nothing custodied. Not available in the US or UK.