Hyperliquid referral code: HYQUID
Hyperliquid's referral program gives new users 4% off trading fees on their first $25 million in volume. The code HYQUID applies that discount. Here's how it works, with no inflated claims.
What the code gets you
- 4% off your trading fees.
- Applies to your first $25M in trading volume.
- No time limit, so it runs until you pass $25M.
- Your fees go down, never up. The referrer's share comes out of Hyperliquid's fee, not your pocket.
This comes straight from the official referral docs. Every standard referral code gives the same 4%, because the rate is set by the protocol, not by whoever shares the code.
How to apply HYQUID
- Open the referral link. Go to app.hyperliquid.xyz/join/HYQUID. A pop-up confirms you were invited with code HYQUID.
- Connect. Click Connect and use a wallet you control, or sign in with email.
- Confirm. Open the Referrals page and check that HYQUID is shown.
- Deposit and trade. The discount applies automatically.

How much it saves
Base perpetuals fees are 0.045% for takers and 0.015% for makers. With the code, both are 4% lower.
| Volume (taker) | Fees without code | With HYQUID | You save |
|---|---|---|---|
| $100,000 | $45.00 | $43.20 | $1.80 |
| $1,000,000 | $450 | $432 | $18 |
| $10,000,000 | $4,500 | $4,320 | $180 |
| $25,000,000 (cap) | $11,250 | $10,800 | $450 |
Estimate at base-tier perpetuals fees, before volume tiers and HYPE staking discounts. The discount applies to your first $25M in volume.
Claims to ignore
- "$10,000 sign-up bonus." Hyperliquid's referral program has no sign-up bonus.
- "10% off with this code." Standard codes all give 4%.
- "Lifetime discount." It covers your first $25M in volume.
You can cut fees further with volume tiers and HYPE staking, which work alongside the referral discount. See our fee guide.
Want your own code?
After $10,000 in trading volume you can create a code on the Referrals page. Referrers earn 10% of their referees' fees (after the referee's discount), on each referee's first $1B in volume.
FAQ
Does the HYQUID code cost anything?
No. It lowers your fees by 4%. The referrer's share comes out of Hyperliquid's fee revenue.
Is the discount lifetime?
It applies to your first $25M in trading volume, with no time limit.
Is there a Hyperliquid sign-up bonus?
No. The fee discount is the only benefit of the referral program.
Can I add a code to an existing account?
Try entering it on the Referrals page. If your account already has a referrer, it may not apply.
Does it work for spot and perps?
Yes, the discount applies to your trading fees. It does not apply to vault or sub-account activity.