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Hyperliquid vs dYdX

Public information for these two exchanges, side by side.

Hyperliquid identification mark (not an official logo)HyperliquiddYdX identification mark (not an official logo)dYdX

Side by side

Quick comparison

Only factual differences. No winner, safer, or recommended labels.

Main differences

  • Fee information

    HyperliquidFound
    dYdXNot found

  • Where it cannot be used

    Hyperliquid2 found
    dYdX9 found

  • How much information is available

    Hyperliquid5/7
    dYdX4/7

  • Fee information

    FoundRecorded
    Not foundNot recorded

  • Where it cannot be used

    2 foundRecorded
    9 foundRecorded

  • How much information is available

    5/7Recorded
    4/7Recorded

All items

  • Registration & licenses

    Not foundNot recorded
    Not foundNot recorded

  • Does it publish reserve data?

    Not foundNot recorded
    Not foundNot recorded

  • How assets are held

    YesRecorded
    YesRecorded

  • Last checked

    2026-09-13Recorded
    2026-09-13Recorded

Venue A

Hyperliquid identification mark (not an official logo)

Hyperliquid

Info available: 5 / 7 · Not found

View platform

Venue B

dYdX identification mark (not an official logo)

dYdX

Info available: 4 / 7 · Not found

View platform

Summary

Hyperliquid vs dYdX

From the public record: Broader evidence coverage → Hyperliquid; More recent verified fee data → Hyperliquid; More complete published evidence → Hyperliquid. These are evidence differences only — not a safety ranking or a recommendation.

This is a fact comparison, not a ranking.

Last checked · 2026-09-13

Primary evidence: 4 sources across both records

Next step

Visit HyperliquidVisit dYdXView full record

Visit opens the official site when available.

Takeaways

What the record shows

From the public record: Broader evidence coverage → Hyperliquid; More recent verified fee data → Hyperliquid; More complete published evidence → Hyperliquid. These are evidence differences only — not a safety ranking or a recommendation.

Neutral comparison from public facts. Commercial ties do not shape these takeaways.

  • Broader evidence coverage

    More on file · Hyperliquid · How sure we are: Medium

    Why: Hyperliquid currently has broader published evidence coverage across legal, regulatory, custody, PoR, fees, geo, and products domains.

    Hyperliquid: domain fill 5/7; completeness composite 20

    dYdX: domain fill 4/7; completeness composite 17

  • More recent verified fee data

    More on file · Hyperliquid · How sure we are: Medium

    Why: Hyperliquid has more recently verified or more complete dated fee evidence on file. Fee snapshots are not “current live fees”.

    Hyperliquid: 8 fee snapshot(s); latest as of 2026-08-27

    dYdX: No fee snapshots on file

  • More complete published evidence

    More on file · Hyperliquid · How sure we are: Medium

    Why: Hyperliquid currently has more complete published evidence mapping in this snapshot.

    Hyperliquid: domain fill 5/7; completeness composite 20

    dYdX: domain fill 4/7; completeness composite 17

Evidence by category

Legal Entity

Hyperliquid: 1 on file. dYdX: 2 on file.

Hyperliquid

Limited records

1 legal entity record(s) on file

dYdX

More records on file

2 legal entity record(s) on file

Regulation

No clear published difference on Regulation.

Hyperliquid

Not on file

No regulatory records on file

dYdX

Not on file

No regulatory records on file

Exact Regulatory Records

No clear published difference on Exact Regulatory Records.

Hyperliquid

Not on file

No exact register identifiers on file

dYdX

Not on file

No exact register identifiers on file

Products

No clear published difference on Products.

Hyperliquid

Limited records

perpetual

dYdX

Limited records

perpetual

Custody

Hyperliquid: 1 claim(s). dYdX: 2 claim(s).

Hyperliquid

Limited records

1 custody claim(s) on file

dYdX

More records on file

2 custody claim(s) on file

Proof of Reserves

No clear published difference on Proof of Reserves.

Hyperliquid

Not on file

No PoR snapshots on file

dYdX

Not on file

No PoR snapshots on file

Fees

Hyperliquid: 2026-08-27. dYdX: 0 snapshot(s).

Hyperliquid

More records on file

8 fee snapshot(s); latest 2026-08-27

dYdX

Not on file

No fee snapshots on file

Geographic Restrictions

Hyperliquid: 2 record(s). dYdX: 9 record(s).

Hyperliquid

More records on file

2 geo record(s) on file

dYdX

More records on file

9 geo record(s) on file

Information coverage

Hyperliquid: 5/7. dYdX: 4/7.

Hyperliquid

More records on file

Domain fill 5/7 · sources 2

dYdX

More records on file

Domain fill 4/7 · sources 2

How the records differ

  • If dated fee evidence matters

    Hyperliquid has more complete or more recent fee snapshot evidence on file.

Limitations

  • Regional regulatory instruments do not imply global brand approval.
  • Proof of reserves is not an audit and does not prove solvency.
  • Missing domains stay unknown — they are not inferred.
  • This page is not investment, legal, or trading advice.
  • Open questions remain on one or both records; see venue pages for detail.

Primary sources & evidence

HyperliquiddYdX

Official sites

Visit HyperliquidVisit dYdX

Related comparisons

Visit HyperliquidVisit dYdXView full record