Hyperliquid vs Avantis
Head to head
the arrow points to the better figure| Hyperliquid | Avantis | |
|---|---|---|
| Trading | ||
| $9.13 | BTC trade, $10k | — |
| $1,121 | BTC trade, $1M | — |
| $39.8M | BTC book depth | — |
| 0.045%/0.015% | Taker / maker▶ | 0.020%/0.001% |
| 40x | Max leverage▶ | 500x |
| Size | ||
| $8.25B | ◀Volume 24h | — |
| $6.96B | Volume, 7-day average | — |
| $10.15B | ◀Open interest | $69.6M |
| $6.34B | ◀TVL | $10.6M |
| Markets | ||
| 179 | ◀Markets | 118 |
| 164 | ◀Stocks & RWA | 120 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | L +0.0096% / S −0.0096% |
| +0.722% | BTC longs paid, 30d | +0.677% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | $AVNT |
| Season 2 | Airdrop | Season 3 |
Cost to trade BTC
| Size | Hyperliquid | Avantis |
|---|---|---|
| $1k | $0.919.1 bp | — |
| $10k | $9.139.1 bp | — |
| $100k | $91.329.1 bp | — |
| $1M | $1,12111.2 bp | — |
| $5M | $6,85813.7 bp | — |
BTC funding per day
pair pageOn both: 50
funding /8h · Net 7d at $10k| Asset | Hyperliquid | Avantis | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | L +0.0096% / S −0.0096% | +0.0004% | — |
| ETH | −0.0015% | L +0.0096% / S −0.0096% | +0.0111% | — |
| HYPE | +0.0246% | L +0.0233% / S +0.0041% | +0.0013% | — |
| VVV | +0.0100% | L −0.0075% / S +0.0166% | +0.0175% | — |
| SOL | −0.0063% | L +0.0142% / S −0.0050% | — | — |
| AERO | +0.0100% | L +0.0237% / S +0.0037% | — | — |
| SUI | −0.0074% | L +0.0146% / S −0.0053% | — | — |
| BNB | +0.0100% | L +0.0146% / S −0.0061% | — | — |
| DOGE | −0.0007% | L +0.0146% / S −0.0054% | — | — |
| NEAR | +0.0100% | L −0.0019% / S +0.0110% | — | — |
| PUMP | +0.0100% | L +0.0237% / S +0.0037% | — | — |
| AAVE | +0.0100% | L +0.0081% / S +0.0011% | — | — |
| ZRO | −0.0029% | L −0.0029% / S +0.0120% | — | — |
| LINK | +0.0100% | L +0.0146% / S −0.0054% | — | — |
| ONDO | −0.0260% | L −0.0017% / S +0.0280% | — | — |
| ZEC | +0.0100% | L +0.0078% / S +0.0013% | — | — |
| AVNT | +0.0100% | L +0.0237% / S +0.0040% | — | — |
| AVAX | +0.0100% | L −0.0015% / S +0.0102% | — | — |
| PENDLE | +0.0100% | L +0.0237% / S +0.0025% | — | — |
| ENA | +0.0100% | L +0.0141% / S −0.0050% | — | — |
Only on Hyperliquid: 129 (+51 via HIP-3)
UNI · PEPE · PAXG · ADA · STRK · GRASS · GRAM · LTC · WLFI · TRX · CRV · PURR · XLM · HBAR · MEGA · CHIP · BCH · BONK · FET · FIL · CC · DOT · MORPHO · MNT · ATOM · SYRUP · SPX · APT · IMX · SKY · SHIB · CFX · ALGO · W · ICP · NIL · DASH · ETC · MET · LINEA · RUNE · JTO · PYTH · ENS · MINA · SAGA · ZK · HMSTR · KAS · STBL · CAKE · INIT · STX · APEX · DYDX · POPCAT · GOAT · IOTA · GRIFFAIN · APE · and 69 more
Only on Avantis: 71
USDCAD · NZD · USDCHF · AUD · AXON · BTC_UPSIDE · SOL_UPSIDE · XRP_UPSIDE · ETH_UPSIDE · GOOG · USDSGD · USDCNH · USDSEK · AMGN · TXN · APP · CSCO · KLAC · PANW · HYPE_UPSIDE · 069500KRW · 005930KRW · ASTS · SHOP · INTU · BKNG · ADI · WMT · HON · LIN · MPWR · ADSK · TMUS · SNPS · CDNS · CEG · MCHP · ISRG · REGN · NXPI · DDOG · FTNT · VRTX · BA · GRAB · ADBE · ABNB · ALAB · PDD · GILD · PYPL · UBER · ANET · WDAY · DASH · ADP · 035420KRW · 004020KRW · 005380KRW · 005940KRW · and 11 more
Questions
Which has more markets, Hyperliquid or Avantis?
Hyperliquid lists 179 active markets and Avantis 118; 50 assets trade on both.
Does Hyperliquid or Avantis require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. Avantis: No ID; not for US persons or sanctioned regions.
Can you arbitrage funding between Hyperliquid and Avantis?
Not profitably right now: none of the 50 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or Avantis?
24-hour volume: Hyperliquid $8.25B, Avantis {vb}. Open interest as each reports it: $10.15B and $69.6M. TVL: $6.34B and $10.6M.