Hyperliquid vs Axiom
Hyperliquid is cheaper: a $1,000 buy-and-sell costs $0.86 in platform fees vs $18.00 on Axiom. Pick Hyperliquid if you are perps traders outside the US who want onchain order-book trading from their own wallet, with fees that drop by volume and HYPE staking. Pick Axiom if you are desktop Solana and BNB Chain memecoin traders who want spot, Hyperliquid perps and wallet tracking in one web terminal.
Checked 2026-10-16 · both venues' fee pagesHyperliquid is a layer-1 blockchain whose HyperCore layer runs fully onchain perpetual futures and spot order books, with a HyperEVM smart-contract layer alongside. It targets active perps traders who want order-book trading from a self-custodied wallet.
Axiom is a Y Combinator-backed web trading terminal for onchain memecoins, with Hyperliquid perps, wallet and X/Twitter tracking, and yield. It charges a 1% base fee per trade with volume-based cashback.
Hyperliquid saves $17.14 per $1,000 round trip.
Side by side
| Hyperliquid | Axiom | |
|---|---|---|
| Type | Perp DEX | Trading terminal |
| Status | live | live |
| Chains | Hyperliquid | Solana, BNB Chain, Robinhood Chain |
| Platforms | web | web |
| Custody | non-custodial | embedded-wallet |
| KYC | none | none |
| Platform fee, round trip | 0.09% | 2% |
| $1,000 round trip | $0.90 | $20.00 |
| Sign-up perk | 4% discount on fees for the first $25M of volume | 10% discount on trading fees |
| Perps taker / maker | 0.045% / 0.015% | — |
| United States | Not available | Unverified |
| United Kingdom | Unverified | Unverified |
| European Union | Unverified | Unverified |
| Launched | 2023-02 | 2025-01 |
| Reported incidents | 4 | 1 |
Features
| Feature | Hyperliquid | Axiom |
|---|---|---|
| perps | ✓ | ✓ |
| spot | ✓ | — |
| order book | ✓ | — |
| limit orders | ✓ | ✓ |
| vaults | ✓ | — |
| staking discounts | ✓ | — |
| builder codes | ✓ | — |
| HIP-3 builder-deployed perps | ✓ | — |
| outcome markets | ✓ | — |
| HyperEVM | ✓ | — |
| API | ✓ | — |
| migration buy/sell | — | ✓ |
| wallet tracker | — | ✓ |
| twitter monitor | — | ✓ |
| yield | — | ✓ |
| fiat on-ramp | — | ✓ |
| bundle checker | — | ✓ |
| multi-wallet | — | ✓ |
"—" means the feature was not in the sources we checked, not proof it's missing.
Hyperliquid: watch out for
- The Terms bar US and Ontario residents and prohibit VPN use to get around that.
- The HLP vault has absorbed manipulation losses, including a reported $4.9M on POPCAT in November 2025.
- Validators delisted the JELLY market and settled it at a fixed price in March 2025, an intervention critics questioned.
Axiom: watch out for
- In February 2026 ZachXBT alleged employees used internal tools to view private user wallet data.
- Perps fee rate is not published in the docs.
- Official terms could not be checked for geo restrictions.
FAQ
Is Hyperliquid better than Axiom?
Hyperliquid is cheaper: a $1,000 buy-and-sell costs $0.86 in platform fees vs $18.00 on Axiom. Pick Hyperliquid if you are perps traders outside the US who want onchain order-book trading from their own wallet, with fees that drop by volume and HYPE staking. Pick Axiom if you are desktop Solana and BNB Chain memecoin traders who want spot, Hyperliquid perps and wallet tracking in one web terminal.
Which is cheaper, Hyperliquid or Axiom?
Hyperliquid. On a $1,000 round trip: Hyperliquid $0.86 vs Axiom $18.00, platform fees only.
Can I use Hyperliquid or Axiom in the US?
Hyperliquid: not available. Axiom: unverified. Based on each venue's own terms.
Sources
Last checked . Fees and terms change often; the venue's own page wins if it disagrees with ours.
- Hyperliquid Docs: Fees — checked 2026-10-16
- Hyperliquid Docs: Referrals — checked 2026-10-16
- Hyperliquid Docs: Builder codes — checked 2026-10-16
- Hyperliquid Terms of Use (last updated June 15, 2026) — checked 2026-10-16
- Hyperliquid Docs: About Hyperliquid — checked 2026-10-16
- Hyperliquid Docs: Core contributors — checked 2026-10-16
- Axiom Docs: Referral Program — checked 2026-10-16
- Axiom Docs: Reward System — checked 2026-10-16
- Axiom Docs: Axiom Fees — checked 2026-10-16
- Axiom Docs: FAQs — checked 2026-10-16
- Axiom Docs: Y-Combinator — checked 2026-10-16
- Axiom Docs: Trading on Hyperliquid — checked 2026-10-16