Rabby's Perps feature is powered by Hyperliquid. When users place trades, both trading fees and builder fees apply.
Trading Fees
We follow the Hyperliquid trading fee model.
Fees are based on your rolling 14 day volume and are assessed at the end of each day in UTC. Sub-account volume counts toward the master account and all sub-accounts share the same fee tier. Vault volume is treated separately from the master account. Referral rewards apply for a user's first $1B in volume and referral discounts apply for a user's first $25M in volume.
Maker rebates are paid out continuously on each trade directly to the trading wallet. Users can claim referral rewards from the Referrals page.
There are separate fee schedules for perps vs spot. Perps and spot volume will be counted together to determine your fee tier, and spot volume will count double toward your fee tier. i.e., (14d weighted volume) = (14d perps volume) + 2 * (14d spot volume).
For each user, there is one fee tier across all assets, including perps, HIP-3 perps, and spot. When growth mode is activated for an HIP-3 perp, protocol fees, rebates, volume contributions, and L1 user rate limit contributions are reduced by 90%. HIP-3 deployers can configure an additional fee share between 0-300% (0-100% for growth mode). If the share is above 100%, the protocol fee is also increased to be equal to the deployer fee.
Spot pairs between two spot quote assets have 80% lower taker fees, maker rebates, and user volume contribution.
aligned-quote-assets benefit from 20% lower taker fees, 50% better maker rebates, and 20% more volume contribution toward fee tiers.
Perps Fee tiers
Staking tiers
Tier | HYPE staked | Trading fee discount |
Wood | >10 | 5% |
Bronze | >100 | 10% |
Silver | >1,000 | 15% |
Gold | >10,000 | 20% |
Platinum | >100,000 | 30% |
Diamond | >500,000 | 40% |
Maker rebates
Tier | 14d weighted maker volume | Maker fee |
1 | >0.5% | -0.001% |
2 | >1.5% | -0.002% |
3 | >3.0% | -0.003% |
Builder Fees
A small builder fee is applied on top of trading fees:
0.02% for perpetuals on Hyperliquid