Perps fees through wallets and trading apps
A $10,000 Hyperliquid taker order cost $4.50 directly and $5.50 to $14.50 through 14 measured apps.
- Direct on Hyperliquid, $10,000
- $4.50
- Lowest app, Axiom
- $5.50
- Highest app, MetaMask
- $14.50
- Apps measured
- 14
Measured builder fees, October 9, 2026 to October 15, 2026 (UTC)
| App | Added fee (bps) | Main rate | Taker total (bps) | Fee on $10,000 | Over direct | 7-day notional | 7-day builder fees | HIP-3 share |
|---|---|---|---|---|---|---|---|---|
| Hyperliquid (direct) | 0.00 | No builder code | 4.50 | $4.50 | Base | — | — | — |
| FOMO | 4.61 | 5.0 bps on 90% | 9.11 | $9.11 | +102% | $444.1M | $204,611 | 5% |
| Phantom | 5.39 | 5.0 bps on 90% | 9.89 | $9.89 | +120% | $246.2M | $132,603 | 12% |
| HyperDash | 1.53 | 1.5 bps on 76% | 6.03 | $6.03 | +34% | $172.0M | $26,308 | 4% |
| Rabby | 2.00 | 2.0 bps on 100% | 6.50 | $6.50 | +44% | $167.3M | $33,465 | 14% |
| Trust WalletTrust Wallet support states no added platform fee | 10.00 | 10.0 bps on 100% | 14.50 | $14.50 | +222% | $140.3M | $140,247 | 11% |
| MetaMask | 10.00 | 10.0 bps on 100% | 14.50 | $14.50 | +222% | $124.4M | $124,396 | 17% |
| Liquid | 3.21 | 4.5 bps on 30% | 7.71 | $7.71 | +71% | $66.4M | $21,316 | 44% |
| Invo | 3.50 | 3.5 bps on 100% | 8.00 | $8.00 | +78% | $63.5M | $22,221 | 0% |
| OneKey | 6.58 | 8.0 bps on 53% | 11.08 | $11.08 | +146% | $49.4M | $32,540 | 9% |
| Axiom | 1.00 | 1.0 bps on 100% | 5.50 | $5.50 | +22% | $23.4M | $2,335 | 9% |
| Metascalp | 1.92 | 2.0 bps on 96% | 6.42 | $6.42 | +43% | $17.7M | $3,389 | 31% |
| Based | 2.26 | 2.5 bps on 80% | 6.76 | $6.76 | +50% | $17.0M | $3,838 | 10% |
| MoonBot | 1.50 | 1.5 bps on 100% | 6.00 | $6.00 | +33% | $17.0M | $2,547 | 26% |
| Blockchain Wallet | 9.10 | 10.0 bps on 91% | 13.60 | $13.60 | +202% | $1.5M | $1,370 | 14% |
Many wallets and trading apps send perps orders to Hyperliquid with a builder code and add their own fee to each fill. The taker total adds the measured fee to the Hyperliquid base-tier taker fee from the Hyperliquid review. Volume tiers, staking discounts and HIP-3 markets (builder-deployed markets) can use other Hyperliquid fees. The fee is charged on each fill, so a round trip pays it twice. Download the table as CSV or JSON.
How we measureLatest 7 stored days
Hyperliquid publishes one file per builder address and UTC day with every fill that used the builder code. PerpFinder sums the notional (price times size) and the builder fee of each fill, so the added fee is the builder fee divided by the notional. The table uses the latest 7 stored days.
An address belongs to an app only when the DefiLlama adapter names it. DefiLlama adapter: factory/hyperliquid.ts gives the mapping, read on 2026-09-23. A referral discount paid later as a rebate does not show in the fill files.
The DefiLlama table divides 30-day fees by 30-day volume. A rate prints only when the 7-day and 30-day rates agree, the fee series still updates, and the rate fits the documented fee range or a 0.1% to 3% band. Other rates show the data issue in place of a number.
MemeFees covers spot memecoin fees for these apps. Jupiter is a swap aggregator and perp venue, and DefiLlama does not list it as a trading app. Its referral link belongs to the Rewards Hub, where an invited user gets extra points during a campaign. The last documented campaign ended on March 31, 2026. The Jupiter Perps review covers its perps fees.
Source: Jupiter docs: Trading Card Game, Hyperliquid docs: fees (read 2026-09-23).
Documented perps fees
Axiom. Axiom sends perps orders to Hyperliquid and takes a fee of 0.01% per transaction. The leverage cap is the Hyperliquid cap: 40x on BTC (Hyperliquid API, 2026-09-23). Axiom documentation gives a higher figure. Read the Axiom perps fee page.
FOMO. FOMO charges 0.05% per perps trade, when a position opens and when it closes. Hyperliquid fees also apply, on the full position size. Read the FOMO perps fee page.
Phantom. Phantom states that its perps are powered by Hyperliquid. Its fee table lists 0.095% per trade, which is 0.05% for Phantom and 0.045% for Hyperliquid. Read the Phantom perps fee page.
o1.exchange. o1.exchange uses a Hyperliquid builder code for perps and charges a builder fee of 0.010% on perps trades.
MetaMask. MetaMask support states that its perps are powered by Hyperliquid. It lists total perps fees of 0.1432% taker and 0.1144% maker at Rewards levels 1 to 3, with lower totals at higher levels. Read the MetaMask perps fee page.
Trust Wallet. Trust Wallet support states that standard Hyperliquid taker and maker fees apply and that Trust Wallet charges no additional platform fee. The address that DefiLlama maps to Trust Wallet charged about 9.5 bps in the measured window, and PerpFinder cannot explain the difference.
GMGN. The GMGN documentation does not describe a perps product.
Moonshot. Moonshot offers leverage up to 250x on SOL, ETH and BTC. Its fee page does not state a fee for leverage trades.
Sources8 apps
Axiom. Source: Axiom docs: perpetuals deposit, Hyperliquid docs: builder codes (read 2026-09-23).
FOMO. Source: fomo help: perps trading fees, Hyperliquid docs: builder codes (read 2026-09-23).
Phantom. Source: Phantom help: trade perps in Phantom, Hyperliquid docs: builder codes (read 2026-09-23).
o1.exchange. Source: o1.exchange docs: trading fees, Hyperliquid docs: builder codes (read 2026-09-23).
MetaMask. Source: MetaMask support: how to trade perps (read 2026-09-23).
Trust Wallet. Source: Trust Wallet support: perps in Trust Wallet, DefiLlama adapter: factory/hyperliquid.ts (read 2026-09-23).
GMGN. Source: GMGN docs index (read 2026-09-23).
Moonshot. Source: Moonshot support: leverage, Moonshot support: fees (read 2026-09-23).
Trading apps and Telegram bots on DefiLlama
In the 30 days to October 16, 2026, DefiLlama recorded $10.30B of volume and $92.4M of fees for 38 trading apps and Telegram bots. Of 19 realized fee rates, 14 pass the sanity checks and 5 show a DefiLlama data issue. The median of the rates that pass is 0.96% of volume.
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| App | Type | Chains | 30-day volume | 30-day fees | Realized fee | Documented fee | Perps | Referral |
|---|---|---|---|---|---|---|---|---|
| fomo WalletMemeFees review | Trading App | Solana, Monad, BSC +4 | $3.97B | $21.6M | 0.54% | 0.50% standard | Measured | 10% off trading feesOpen fomo Wallet |
| AxiomMemeFees review | Trading App | BSC, Solana, Robinhood Chain | $3.04B | $36.3M | 1.20% | 1% base, 0.75% to 0.95% net | Measured | 10% off trading feesOpen Axiom |
| GMGNMemeFees review | Trading App | Ethereum, Solana, Base +8 | $2.54B | $23.3M | 0.92% | 1% per transaction | No perps fee documented | No invitee benefit documentedOpen GMGN |
| Terminal | Telegram Bot | Base, Ethereum, BSC +1 | $482.6M | $5.4M | 1.13% | — | — | — |
| Trojan | Telegram Bot | Solana | $96.3M | $1.0M | 1.06% | — | — | — |
| Banana Gun | Telegram Bot | Base, Unichain, BSC +4 | $33.7M | $4,058 | DefiLlama data issue: outside the 0.1% to 3% band for trading-app fees | — | — | — |
| Photon | Trading App | Solana | $32.8M | $369,367 | 1.12% | — | — | — |
| Ave.ai | Trading App | Base, Hyperliquid L1, Ethereum +2 | $32.4M | $50,999 | 0.16% | — | — | — |
| BONKbot | Telegram Bot | Solana | $20.0M | $109,555 | 0.55% | — | — | — |
| SolTradingBot | Telegram Bot | Solana | $13.0M | $28,782 | 0.22% | — | — | — |
| BullX | Telegram Bot | Solana | $10.9M | $710 | DefiLlama data issue: outside the 0.1% to 3% band for trading-app fees | — | — | — |
| moonshot.moneyMemeFees review | Trading App | Solana | $9.9M | $161,289 | 1.62% | 1% from $100, 2.5% below | No perps fee documented | No current invitee benefit confirmedOpen moonshot.money |
| cro.trade Spot | Trading App | Cronos | $7.7M | $72,201 | 0.93% | — | — | — |
| o1.exchange Trading Terminal | Trading App | Solana, Base, BSC +4 | $5.5M | $54,965 | DefiLlama data issue: volume is calculated from fees | 1% base, 0.60% to 0.80% net | 0.010% (docs) | 20% cashback (regular link)Link not working |
| Telemetry | Trading App | Solana | $4.1M | $40,510 | 0.99% | — | — | — |
| copyfomo | Telegram Bot | Base, BSC, Robinhood Chain +1 | $3.4M | $170,761 | DefiLlama data issue: outside the 0.1% to 3% band for trading-app fees | — | — | — |
| Pepeboost | Telegram Bot | Ethereum, Solana, BSC | $3.2M | $22,529 | 0.71% | — | — | — |
| DTrade | Telegram Bot | TON | $1.3M | $12,524 | 1.00% | — | — | — |
| Lyra Protocol | Trading App | Ethereum | $545,254 | $1,097 | DefiLlama data issue: fee series stopped or slowed in the last 7 days | — | — | — |
Show all 38 apps (19 more with no fee details)
| App | Type | Chains | 30-day volume | 30-day fees | Realized fee | Documented fee | Perps | Referral |
|---|---|---|---|---|---|---|---|---|
| copypump | Telegram Bot | Solana | $7,395 | $296 | — | — | — | — |
| Ryntra Trading App | Trading App | Solana, Arc | $347 | $0 | — | — | — | — |
| Propr | Trading App | Ethereum | — | $1.5M | — | — | — | — |
| Maestro | Telegram Bot | BSC, Ethereum, Arbitrum +6 | — | $970,513 | — | — | — | — |
| Hypernova | Trading App | Arbitrum | — | $869,062 | — | — | — | — |
| Matcha | Trading App | Polygon, Ethereum, BSC +8 | — | $201,091 | — | — | — | — |
| LAB Terminal | Trading App | Solana | — | $76,279 | — | — | — | — |
| RayBot | Telegram Bot | Solana | — | $28,928 | — | — | — | — |
| MEVX | Telegram Bot | Solana | — | $25,241 | — | — | — | — |
| Maxbid | Trading App | Solana | — | $11,868 | — | — | — | — |
| FomoMCP | Trading App | Robinhood Chain, Solana | — | $6,202 | — | — | — | — |
| Haystack | Trading App | Algorand | — | $2,669 | — | — | — | — |
| TickerSpring Limit Orders | Trading App | Robinhood Chain | — | $1,591 | — | — | — | — |
| lockin | Trading App | Solana, TON, BSC | — | $915 | — | — | — | — |
| PAAL AI | Telegram Bot | Ethereum | — | $184 | — | — | — | — |
| Peep | Trading App | Solana | — | $100 | — | — | — | — |
| Monolith Exchange | Trading App | Solana | — | $31 | — | — | — | — |
| BlazingApp | Trading App | Ethereum, BSC, Base +5 | — | $5 | — | — | — | — |
| Fomotail | Trading App | Robinhood Chain | — | $0 | — | — | — | — |
Terms used on this page
- Builder fee
- A builder fee is the fee that a wallet or trading app adds to each Hyperliquid perps fill that it sends with a builder code. It is in addition to the Hyperliquid fee.
- Total trading cost (all-in cost)
- Total trading cost (all-in cost) is the selected-side cost of one order at a given size: the fee plus half of the spread plus the price impact, in bps and USD.
Cite this data
Use the page address and the date of the data. Attribute the data as "Data: PerpFinder" with a link to the page.
PerpFinder. "Perps fees through wallets and trading apps." Builder fills October 9, 2026 to October 15, 2026 (UTC). https://perpfinder.com/trading-apps Builder-fee table (CSV): https://perpfinder.com/api/data/builder-fees?format=csv Builder-fee table (JSON): https://perpfinder.com/api/data/builder-fees
Download: Builder-fee table (CSV) · Builder-fee table (JSON)