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Hyperliquid referral code: HYQUID

Updated 2026-11-03 · 5 min read · Unofficial, independent guide. Not affiliated with Hyperliquid.

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.

Referral code HYQUID
Get 4% off →

What the code gets you

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

  1. Open the referral link. Go to app.hyperliquid.xyz/join/HYQUID. A pop-up confirms you were invited with code HYQUID.
  2. Connect. Click Connect and use a wallet you control, or sign in with email.
  3. Confirm. Open the Referrals page and check that HYQUID is shown.
  4. Deposit and trade. The discount applies automatically.
Hyperliquid invite screen showing referral code HYQUID
What you see after opening the HYQUID link.
Tip: apply the code before your first trade so every trade gets the discount. Already have an account? Try entering HYQUID on the Referrals page. If your account already has a referrer, it may not apply.

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 codeWith HYQUIDYou 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
Without code$45.00
With HYQUID$43.20
Monthly savings$1.80

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

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.

Related guides

Fees & savingsHyperliquid fees explainedHyperliquid trading fees in 2026: base maker and taker rates for perps and spot, volume tiers, HYPE staking and referral discounts, plus a savings calculator.BasicsWhat is Hyperliquid?Hyperliquid explained simply: an on-chain exchange on its own Layer 1, how it differs from Binance, the HYPE token, the HLP vault and the main risks.