Hyperliquid vs Drift: Current Venue and Historical Record
Hyperliquid is active. Drift has been offline since April 2026. This page separates current Hyperliquid facts from the historical Drift record.
Verdict: Hyperliquid is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Full verdict ↓
Written by PerpFinder Research, Editorial Team — Last reviewed 2026-02-01
| Metric | Hyperliquid | Drift Protocol |
|---|---|---|
| Volume 24h (live) | — | — |
| Max Leverage | 40x | 20x |
| Maker Fee | 0.015% | -0.003% ✓ |
| Taker Fee | 0.045% | 0.035% ✓ |
| Trading Pairs | 177+ | 40+ |
| Rating (how we rank) | 9.2/10 | 3.5/10 |
| Chains | Hyperliquid L1 | Solana |
✓ = better on that metric — no single venue is “best” at everything. Live rows: DEX volume/OI from our cached market feed, CEX volume from the latest daily snapshot; fees/leverage from verified registries.
Feature Comparison
Status updated August 11, 2026. Drift remains offline after its April 2026 exploit. Its old fees, markets, products, and referral terms are not current.
What this page compares
Hyperliquid is an active venue. It uses a validator-operated order book on its dedicated L1.
The current fees for Hyperliquid are 0.015% maker and 0.045% taker at the base tier. Its current trade model is Validator-operated order book on a dedicated L1.
Drift used a decentralized limit order book (DLOB). It also used a virtual automated market maker (vAMM) as a backstop. Both records are historical. The base taker fee was 0.035%. The maker rebate was -0.0025%. These old rates cannot rank Drift by current cost.
Access and risk
Do not deposit through an old Drift link. See the active perpetual venue list for current fees, depth, access, and market limits. PerpFinder must review any future Velocity launch. Only then can it mark the venue as active.
Hyperliquid vs Drift Protocol FAQ
Which offers higher leverage — Hyperliquid or Drift Protocol?+
Hyperliquid: BTC up to 40x and ETH up to 25x in the current record.. Drift Protocol: Historical: up to 20x. Drift is offline..
Which has more markets, Hyperliquid or Drift Protocol?+
Hyperliquid: 177 validator-operated perps in the August 11, 2026 API snapshot.. Drift Protocol: Historical: more than 40. No markets are live..
Hyperliquid or Drift Protocol — which is better overall?+
Hyperliquid is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Use Drift values only as historical context.
Verdict
Hyperliquid is active and Drift is offline. This page does not assign a current fee or product winner against an unavailable venue. Use Drift values only as historical context.