Hyperliquid vs StandX
Hyperliquid traded 5.2× StandX's 24-hour volume ($1.98B vs $380.4M) and holds 293× its open interest.
Head to head
the arrow points to the better figure| Hyperliquid | StandX | |
|---|---|---|
| Trading | ||
| $9.12 | ◀BTC trade, $10k | $13.29 |
| $956 | ◀BTC trade, $1M | $1,551 |
| $43.3M | ◀BTC book depth | $7.8M |
| 0.045%/0.015% | Taker / maker▶ | 0.040%/0.010% |
| 40x | Max leverage≈ | 40x |
| Size | ||
| $1.98B | ◀Volume 24h | $380.4M |
| $6.05B | ◀Volume, 7-day average | $380.2M |
| $12.82B | ◀Open interest | $43.8M |
| $7.12B | ◀TVL | $26.2M |
| Markets | ||
| 178 | ◀Markets | 13 |
| 151 | ◀Stocks & RWA | 6 |
| 1h | Funding paid every | 1h |
| +0.0095% | BTC funding /8h | +0.0100% |
| +0.709% | BTC longs paid, 30d | +0.743% |
| Access | ||
| No ID | KYC | No ID |
| $HYPE | Token | none yet |
| Season 2 | Airdrop | Active |
Cost to trade BTC
| Size | Hyperliquid | StandX |
|---|---|---|
| $1k | $0.919.1 bp | $1.3113.1 bp |
| $10k | $9.129.1 bp | $13.2913.3 bp |
| $100k | $91.189.1 bp | $13613.6 bp |
| $1M | $9569.6 bp | $1,55115.5 bp |
| $5M | $5,99012.0 bp | $9,03318.1 bp |
BNB funding per day
pair pageSize
daily, last 30 daysVolume by asset class
last 30 daysOn both: 7
funding /8h · Net 7d at $10k| Asset | Hyperliquid | StandX | Spread | Net 7d |
|---|---|---|---|---|
| BTC | +0.0095% | +0.0100% | +0.0005% | −$17 |
| ETH | +0.0100% | +0.0100% | 0.0000% | −$21 |
| SOL | +0.0021% | +0.0100% | +0.0079% | −$20 |
| BNB | +0.0100% | 0.0000% | +0.0100% | −$13 |
| HYPE | +0.0100% | +0.0100% | 0.0000% | −$22 |
| UNI | +0.0100% | +0.0100% | 0.0000% | −$54 |
| ZEC | +0.0100% | +0.0100% | 0.0000% | −$34 |
Only on Hyperliquid: 171 (+6 via HIP-3)
NEAR · PUMP · XRP · LIT · ENA · DOGE · ZRO · WLD · XPL · SUI · AAVE · LINK · TAO · XMR · VVV · MON · ONDO · PONS · LTC · GRAM · AVAX · ADA · GRASS · FARTCOIN · CASHCAT · AERO · PEPE · ASTER · CRV · PAXG · ARB · PURR · XLM · ETHFI · SAND · JUP · PENDLE · HBAR · BONK · PENGU · TRX · LDO · FET · STRK · TRUMP · CHIP · USELESS · WLFI · MEGA · SYRUP · BCH · VIRTUAL · MORPHO · INJ · FIL · SKY · SPX · TIA · NIL · WIF · and 111 more
Only on StandX: 0
Questions
Is Hyperliquid or StandX cheaper to trade?
Opening and closing $10,000 of BTC with market orders costs $9.12 on Hyperliquid and $13.29 on StandX right now, taker fee and order-book slippage together, so Hyperliquid is cheaper. Taker fees: 0.045% and 0.04%.
Which has more markets, Hyperliquid or StandX?
Hyperliquid lists 178 active markets and StandX 13; 7 assets trade on both.
Does Hyperliquid or StandX require KYC?
Hyperliquid: No ID: any EVM wallet or an email login; the app is closed to the US, Ontario and sanctioned countries. StandX: No ID to trade (KYC only to mint or redeem DUSD directly); not for the US, the UK, Russia or sanctioned countries.
Can you arbitrage funding between Hyperliquid and StandX?
Not profitably right now: none of the 7 assets on both paid more in funding over the last 7 days than a round trip on both costs.
Which is bigger, Hyperliquid or StandX?
24-hour volume: Hyperliquid $1.98B, StandX $380.4M. Open interest as each reports it: $12.82B and $43.8M. TVL: $7.12B and $26.2M.