Hyperliquid vs Reya
Hyperliquid traded 1447× Reya's 24-hour volume ($8.17B vs $5.6M) and holds 5724× its open interest.
Head to head
the arrow points to the better figure| Hyperliquid | Reya | |
|---|---|---|
| Trading | ||
| $9.13 | BTC trade, $10k | — |
| $1,121 | BTC trade, $1M | — |
| $39.8M | BTC book depth | — |
| 0.045%/0.015% | Taker / maker▶ | 0.030%/0.030% |
| 40x | Max leverage≈ | 40x |
| Size | ||
| $8.17B | ◀Volume 24h | $5.6M |
| $6.96B | ◀Volume, 7-day average | $4.7M |
| $10.11B | ◀Open interest | $1.8M |
| $6.34B | ◀TVL | $9.9M |
| Markets | ||
| 179 | ◀Markets | 31 |
| 164 | ◀Stocks & RWA | 19 |
| 1h | Funding paid every | 1h |
| +0.0100% | BTC funding /8h | +0.0206% |
| +0.722% | BTC longs paid, 30d | +0.734% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | $REYA |
| Season 2 | Airdrop | Active |
Cost to trade BTC
| Size | Hyperliquid | Reya |
|---|---|---|
| $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 pageVolume by asset class
last 90 daysOn both: 15
funding /8h · Net 7d at $10k| Asset | Hyperliquid | Reya | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0100% | +0.0206% | +0.0106% | — |
| SOL | −0.0095% | −0.0238% | +0.0143% | — |
| ETH | −0.0030% | +0.0100% | +0.0130% | — |
| HYPE | +0.0132% | +0.0100% | +0.0032% | — |
| AAVE | +0.0100% | +0.0100% | — | — |
| LIT | +0.0024% | +0.0100% | — | — |
| LINK | +0.0100% | −0.0083% | — | — |
| XRP | +0.0100% | −0.0319% | — | — |
| NEAR | +0.0100% | +0.0100% | — | — |
| PUMP | +0.0100% | −0.0641% | +0.0741% | — |
| BNB | +0.0100% | +0.0100% | — | — |
| SUI | −0.0058% | −0.0378% | — | — |
| ENA | +0.0084% | +0.0100% | — | — |
| UNI | +0.0100% | +0.0100% | — | — |
| DOGE | −0.0060% | +0.0100% | — | — |
Only on Hyperliquid: 164 (+17 via HIP-3)
ZEC · XMR · VVV · PEPE · ZRO · WLD · XPL · MON · TAO · PAXG · ADA · STRK · AERO · ASTER · GRASS · CASHCAT · GRAM · LTC · FARTCOIN · ONDO · WLFI · AVAX · TRX · TRUMP · ARB · CRV · PURR · PONS · USELESS · XLM · HBAR · ETHFI · PENDLE · LDO · MEGA · CHIP · BCH · BONK · JUP · TIA · FET · FIL · CC · INJ · MORPHO · DOT · POL · VIRTUAL · MNT · ATOM · WIF · SYRUP · SPX · OP · PENGU · APT · IMX · SKY · SHIB · CFX · and 104 more
Questions
Which has more markets, Hyperliquid or Reya?
Hyperliquid lists 179 active markets and Reya 31; 15 assets trade on both.
Does Hyperliquid or Reya require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. Reya: No ID, wallet connect only; Reya publishes no terms or country list.
Can you arbitrage funding between Hyperliquid and Reya?
Not profitably right now: none of the 15 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or Reya?
24-hour volume: Hyperliquid $8.17B, Reya $5.6M. Open interest as each reports it: $10.11B and $1.8M. TVL: $6.34B and $9.9M.