✓Lighter is our top-ranked Hyperliquid alternative (7.5/10).edgeX is our top-ranked Hyperliquid alternative (7.2/10).Derive is our top-ranked Hyperliquid alternative (7.1/10).dYdX is our top-ranked Hyperliquid alternative (6.9/10).GMX is our top-ranked Hyperliquid alternative (6.8/10).Aster is our top-ranked Hyperliquid alternative (6.6/10).Extended is our top-ranked Hyperliquid alternative (6.6/10).Aevo is our top-ranked Hyperliquid alternative (6.3/10).Paradex is our top-ranked Hyperliquid alternative (6.2/10).Nado is our top-ranked Hyperliquid alternative (6.1/10).Pacifica is our top-ranked Hyperliquid alternative (6/10).BullX is our top-ranked Hyperliquid alternative (5.9/10).GRVT is our top-ranked Hyperliquid alternative (5.9/10).GMTrade is our top-ranked Hyperliquid alternative (4.8/10).Ostium is our top-ranked Hyperliquid alternative (4.7/10).Vest Markets is our top-ranked Hyperliquid alternative (4.7/10).Helix is our top-ranked Hyperliquid alternative (4.3/10).
✓Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
✓Lighter lets you start trading without full identity verification.edgeX lets you start trading without full identity verification.Derive lets you start trading without full identity verification.dYdX lets you start trading without full identity verification.GMX lets you start trading without full identity verification.Aster lets you start trading without full identity verification.Extended lets you start trading without full identity verification.Aevo lets you start trading without full identity verification.Paradex lets you start trading without full identity verification.GRVT lets you start trading without full identity verification.Ostium lets you start trading without full identity verification.Helix lets you start trading without full identity verification.None of the alternatives open to you trades without identity verification (KYC).
Hyperliquid runs as a decentralized exchange, and it supports a limited set of chains, so moving funds in and out depends on those few networks. Withdrawals leave only as crypto, with no card or bank cash-out at the end. There is no options trading, no loans, and no lending, so a trader who wants to borrow against holdings or earn yield that way has to look elsewhere. For anyone who wants to buy and manage tokenized stocks beyond the current set, the count sits at 111, which may feel narrow.
What a replacement for Hyperliquid should offer
High liquidity and low slippage mean large orders fill close to the price you expect, which is worth matching in any replacement. Fees run low: 0.04% maker and 0.07% taker on spot, and 0.015% maker with 0.045% taker on futures. You can trade 316 coins on spot and 183 coins on futures, across 183 contracts, with leverage up to 40x. Identity check is optional, and the exchange is fully decentralized with self custody, so you hold your own keys. Copy trading, staking, demo trading and prediction markets are all here too.
How to move from Hyperliquid to another exchange
Funds leave Hyperliquid as crypto only, so plan a withdrawal to a wallet or another venue on the right network rather than a cash-out. Since identity check is optional, you can move funds without that step, though self custody means you sign and control each transfer yourself. Close any open futures positions first, since margin ties up balance, and unwind staking so those funds are free to send. Have your destination ready and send a small test transfer before the full amount.
Venues from the same exchange class as Hyperliquid (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
Questions
Frequently asked
Lighter leads our Hyperliquid alternatives comparison, scoring 7.5/10 on live fee, security and feature data.edgeX leads our Hyperliquid alternatives comparison, scoring 7.2/10 on live fee, security and feature data.Derive leads our Hyperliquid alternatives comparison, scoring 7.1/10 on live fee, security and feature data.dYdX leads our Hyperliquid alternatives comparison, scoring 6.9/10 on live fee, security and feature data.GMX leads our Hyperliquid alternatives comparison, scoring 6.8/10 on live fee, security and feature data.Aster leads our Hyperliquid alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Extended leads our Hyperliquid alternatives comparison, scoring 6.6/10 on live fee, security and feature data.Aevo leads our Hyperliquid alternatives comparison, scoring 6.3/10 on live fee, security and feature data.Paradex leads our Hyperliquid alternatives comparison, scoring 6.2/10 on live fee, security and feature data.Nado leads our Hyperliquid alternatives comparison, scoring 6.1/10 on live fee, security and feature data.Pacifica leads our Hyperliquid alternatives comparison, scoring 6/10 on live fee, security and feature data.BullX leads our Hyperliquid alternatives comparison, scoring 5.9/10 on live fee, security and feature data.GRVT leads our Hyperliquid alternatives comparison, scoring 5.9/10 on live fee, security and feature data.GMTrade leads our Hyperliquid alternatives comparison, scoring 4.8/10 on live fee, security and feature data.Ostium leads our Hyperliquid alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Vest Markets leads our Hyperliquid alternatives comparison, scoring 4.7/10 on live fee, security and feature data.Helix leads our Hyperliquid alternatives comparison, scoring 4.3/10 on live fee, security and feature data.
Of the alternatives that charge a trading fee, Extended has the lowest spot taker fee (0.025%).Of the alternatives that charge a trading fee, Aster has the lowest spot taker fee (0.04%).Of the alternatives that charge a trading fee, Helix has the lowest spot taker fee (0.05%).Of the alternatives that charge a trading fee, dYdX has the lowest spot taker fee (0.1%).The comparison table on this page shows the spot fees of each alternative.
Yes. Lighter allows trading without completing full KYC verification.Yes. edgeX allows trading without completing full KYC verification.Yes. Derive allows trading without completing full KYC verification.Yes. dYdX allows trading without completing full KYC verification.Yes. GMX allows trading without completing full KYC verification.Yes. Aster allows trading without completing full KYC verification.Yes. Extended allows trading without completing full KYC verification.Yes. Aevo allows trading without completing full KYC verification.Yes. Paradex allows trading without completing full KYC verification.Yes. GRVT allows trading without completing full KYC verification.Yes. Ostium allows trading without completing full KYC verification.Yes. Helix allows trading without completing full KYC verification.No. None of the alternatives open to you trades without identity verification.
Venues from the same exchange class as Hyperliquid (DEX) lead the list, followed by strong venues of other classes. Each block is ordered by CWR Score, which weighs live fee, security, regulation and feature data, the same figures shown on every card and in the table on this page. The list is also checked against your country: a venue that restricts your market is replaced by the next eligible one. We never reorder for commercial reasons.
