Hyperliquid vs Pacifica
Same lines, side by side: fees, leverage, markets, KYC, custody and referral perks, from official pages and DefiLlama.
| Line | Hyperliquid | Pacifica |
|---|---|---|
| 30-day volume | #P01 · $204,136.0MEdge | #P08 · $10,418.0M |
| Trading fees | 0.045% taker · 0.015% makerSeven tiers on 14-day weighted volume: 0.045%/0.015% below $5M, 0.040%/0.012% above $5M, 0.035%/0.008% above $25M, 0.030%/0.004% above $100M, 0.026%/0% from $2B. Maker rebates are paid on each trade. Spot volume counts double toward the tier. | 0.040% taker · 0.015% makerFees come from your rolling 30-day volume: 0.040% taker and 0.015% maker up to $5M, then 0.038%/0.012% above $5M and 0.036%/0.009% above $10M. From $100M of volume the maker fee is 0% and the taker fee bottoms out at 0.028%. Sub-account volume counts toward the master account and fees are settled on each fill.Edge |
| New-user perk | 4% off fees on your first $25M of volume | 5% bonus on the points you earn |
| Max leverage | up to 40× | up to 50×Edge |
| Perp markets | 234Edge | 78 |
| Identity check | No KYC | No KYC |
| Custody | Non-custodial: positions signed from your wallet | Non-custodial, Solana wallet |
| Settles on | HyperCore (L1 Hyperliquid) | Solana |
| Collateral | USDC | USDC |
| Where it runs | Web | Web |
| Chains | EVMArbitrum, HyperEVMEdge | SolanaSolana |
| Documented features | 6 of 10 | 7 of 10Edge |
| Order book | Yes | Yes |
| Cross margin | Yes | Yes |
| Spot trading | Yes | Yes |
| Vaults / copy vaults | Yes | Yes |
| Copy trading | Not documented | Not documented |
| Stocks, gold or forex | Yes | Yes |
| Points program | No | Yes |
| API | Yes | Yes |
| Mobile app | Not documented | Not documented |
| Telegram bot | No | Not documented |
Which one should you pick?
Pick Hyperliquid if
You want deep liquidity, low fees and a public fee ladder you can plan around.
The deepest perp book in the set by an order of magnitude ($204B over 30 days) and the cheapest base tier, at 0.045% taker and 0.015% maker. Everything settles on Hyperliquid's own L1, with USDC arriving mainly through Circle's CCTP from Arbitrum.
app.hyperliquid.xyz
Pick Pacifica if
You trade on Solana and want published taker and maker fees without a points-first story.
The most readable fee ladder of the series, on a Solana book with unified spot and collateral margin. Keep in mind that $10.4B of 30-day volume is real but modest next to the top three venues, and that the points program is the main growth engine.
app.pacifica.fi
