Hyperliquid comparisons
How Hyperliquid stacks up against other perpetual futures exchanges, decentralised and centralised, in 2026.
Hyperliquid vs dYdX
Hyperliquid vs dYdX compared for 2026: fees, leverage, custody, country restrictions, recent volume and the Arcus spin-out, with an honest verdict.
CompareHyperliquid vs GMX
Hyperliquid vs GMX: order-book perps versus GMX's oracle-priced liquidity pools. Fees, leverage, chains, volume and 2025-2026 events compared.
CompareHyperliquid vs Aster
Hyperliquid vs Aster DEX in 2026: maker/taker fees, 1001x mode, Aster Chain, country restrictions and DefiLlama volume data compared side by side.
CompareHyperliquid vs Lighter
Hyperliquid vs Lighter: zero-fee standard accounts, ZK-verified matching, LIT token, restrictions and October 2026 volume data compared side by side.
CompareHyperliquid vs Binance Futures
Hyperliquid vs Binance Futures: custody, KYC, fees, 125x leverage, EU and UK restrictions and market share compared, with a verdict by trader type.
CompareHyperliquid vs Bybit
Hyperliquid vs Bybit: self-custody vs a custodial CEX, KYC, base fees, leverage, UK/EU access, the 2025 hack and market share. Updated October 2026.
CompareHyperliquid vs edgeX
Hyperliquid vs edgeX: StarkEx-based perps, USDT collateral, EDGE token, 100x leverage, fees and DefiLlama volume compared. Checked October 2026.
CompareHyperliquid vs Drift (Velocity)
Hyperliquid vs Drift, now Velocity DEX: the $295M April 2026 exploit, recovery plan, relaunch on Solana, leverage and fees compared. Updated October 2026.
CompareHyperliquid vs Paradex
Hyperliquid vs Paradex: zero retail fees, Starknet appchain privacy, DIME token, the January 2026 rollback and current volume compared side by side.
CompareBest perp DEX in 2026
Best perp DEXs of 2026 compared: Hyperliquid, Lighter, Aster, GMX, edgeX, dYdX and more, with dated volume and open-interest shares from DefiLlama.