Exchange overview

Hyperliquid identification mark (not an official logo)

Hyperliquid

Recorded facts for this trading venue, drawn from public sources.

DEX presentation: Protocol, Interface, and Legal Entity are kept distinct. Unconfirmed fields stay unknown.

Answer from public records

Is Hyperliquid regulated?

Hyperliquid does not have one universal regulatory status. VenueVeritas reviews regulatory records by legal entity, jurisdiction, and authorization scope.

VenueVeritas does not currently publish a verified regulatory record for this venue in the current evidence snapshot. Researched — no verified public record located.

Absence of a published record is not a finding of non-authorization. Unknown remains unknown.

Last checked: No dated public record

What this evidence does NOT mean

  • A regulatory record attached to a named legal entity is not a global licence for the brand.
  • Absence of a published record is not a finding that a venue is unregulated. Unknown remains unknown.
  • Proof of Reserves is not a full financial audit and is not proof of solvency.
  • Custody claims and evidence coverage are not a safety score or investment recommendation.
  • VenueVeritas publishes verified public records only. Missing fields stay missing.

Crypto exchange regulation evidence directory · How we checked

Simple summary

What does VenueVeritas currently publish about this venue?

  • VenueVeritas publishes a public evidence record for Hyperliquid. Missing facts stay unknown; this page is not a ranking or recommendation.
  • Hyperliquid is presented with Protocol / Interface / Legal Entity kept distinct where the public record supports that separation. Fields that are not confirmed remain unknown.
  • A verified legal relation is on file: Hyperliquid Corp. (Interface operator). Brand name and legal entity are not treated as interchangeable.
  • No published regulatory instrument is currently on file for a named legal entity mapped to Hyperliquid. Absence of a published instrument is not itself a determination that the venue is “unregulated”.
  • 1 confirmed product offering record is on file.
  • Structured custody claims are on file (1). Claims are published as stated under their documented scope and are not converted into a safety rating.

Key public record

Publication status
Ready with disclosure
Research cycle
Investigated — not a claim that every fact is on file
How much info is available
5 / 7 coveredi
Operating company
Hyperliquid Corp.
Registration / licence record
Checked — nothing confirmed
Products confirmed
1 on file
How assets are held
1 holding notes
Latest reserve information
Official source not available
Fee snapshot
8 dated snapshots
Last checked
Sep 13, 2026

What registration or licence records are on file for Hyperliquid?

Which regulatory instruments are on file for named legal entities — and at what scope?

Regulatory instruments attach to named legal entities and jurisdictions — not automatically to the global brand.

Crypto exchange regulation evidence directory

Checked — nothing confirmed

Products

Which product offerings are confirmed in the public record?

  • Perpetuals

    View official recordhttps://hyperliquid.gitbook.io/hyperliquid-docs/about-hyperliquid.md

    Offered

How does Hyperliquid say customer assets are held?

What does VenueVeritas confirm about custody? Claims are stated facts under documented scope — not a safety conclusion.

Notes on how assets are held are shown as stated by the source. Not a safety rating. Detail pages may also say Custody.

What does Hyperliquid disclose about custody?

VenueVeritas has structured custody claims on file for Hyperliquid. As stated in the reviewed sources:

Custody model: non_custodial_interface

These claims are published under their documented scope and are not converted into a safety rating.

Official source (Hyperliquid Corp)

https://app.hyperliquid.xyz/terms

Verified on public record: 2026-08-27

Who holds customer assets at Hyperliquid?

A published custody claim on file states: Custody model — non_custodial_interface.

This is a source-stated claim under documented scope, not a VenueVeritas safety conclusion.

Official source (Hyperliquid Corp)

https://app.hyperliquid.xyz/terms

Verified on public record: 2026-08-27

  • Custody model

    non_custodial_interface

    Operating company
    Venue-level record
    Scope
    Hyperliquid Interface Terms
    As of
    Aug 27, 2026
    Source
    Hyperliquid Corp

    View official recordhttps://app.hyperliquid.xyz/terms

Does Hyperliquid publish reserve data? (Also called Proof of Reserves / PoR in detail.)

Does this venue have a proof-of-reserves snapshot on file?

Reserve information (Proof of Reserves / PoR) is not, by itself, a full financial audit or proof of solvency.

Proof of Reserves evidence directory · What Proof of Reserves is not

Does Hyperliquid publish Proof of Reserves?

VenueVeritas does not currently publish a Proof-of-Reserves snapshot for Hyperliquid in this evidence record.

Absence of a snapshot is not a finding of insolvency. Proof of Reserves is not a financial audit.

Official source not available

Fee records

What dated fee snapshots are on file?

What fee records are on file for Hyperliquid?

VenueVeritas publishes dated fee snapshots for Hyperliquid (latest as of 2026-08-27). These are snapshot records, not timeless “current fees”.

perpetual taker: 0.045% percent (0) — fee snapshot verified on 2026-08-27.

perpetual maker: 0.015% percent (0) — fee snapshot verified on 2026-08-27.

perpetual taker: 0.045% percent (0) — fee snapshot verified on 2026-08-27.

Fee schedule source (as reviewed)

https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

Verified on public record: 2026-08-27

  • perpetual / taker: 0.045% percent

    As of 2026-08-27 · Tier: 0 · 14d_volume_tier_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • perpetual / maker: 0.015% percent

    As of 2026-08-27 · Tier: 0 · 14d_volume_tier_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • perpetual / taker: 0.045% percent

    As of 2026-08-27 · Tier: 0 · official_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • perpetual / maker: 0.015% percent

    As of 2026-08-27 · Tier: 0 · official_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • spot / taker: 0.070% percent

    As of 2026-08-27 · Tier: 0 · 14d_volume_tier_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • spot / maker: 0.040% percent

    As of 2026-08-27 · Tier: 0 · 14d_volume_tier_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • spot / taker: 0.070% percent

    As of 2026-08-27 · Tier: 0 · official_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

  • spot / maker: 0.040% percent

    As of 2026-08-27 · Tier: 0 · official_schedule

    Operating company
    Venue-level record
    As of
    2026-08-27

    This fee snapshot is dated. It is not a live current fee.

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

Security & operational record

Which confirmed security or operational events are published?

No structured incident record is currently published for this venue. This does not mean no incident has occurred.

What geographic restrictions are documented for Hyperliquid?

Which geographic restrictions are confirmed in the public record?

Missing restriction rows do not mean unrestricted availability. Regional terms must not be read as global venue restrictions.

Is Hyperliquid available in the United States?

VenueVeritas has a geographic restriction record on file for the United States (US): Venue-wide / Prohibited.

This is a published restriction record — typically from operator terms or a primary disclosure — not a determination of legality for every product, entity, or user type.

Which countries restrict Hyperliquid?

Published restriction jurisdiction codes on file: CA-ON, US.

These rows are not a complete worldwide availability map. Regional terms must not be read as a global brand restriction, and missing codes do not mean the venue is available there.

2 confirmed restriction records on file.

JurisdictionTypeStatusProduct scope
CA-ONVenue-wideProhibited—
USVenue-wideProhibited—

Open questions / unresolved records

Which material fields remain unresolved after research?

  • regulation — Researched — unresolved

    Terms state Interface/protocol not licensed by any authority; not converted to Unregulated authorization row

  • por — Primary source unavailable

    Non-custodial interface; no PoR disclosure expected/found

  • Security operations — Researched — unresolved

    No confirmed primary incident packaged

  • legal entity — Researched — unresolved

    Hyperliquid Corp. named as interface operator in prior packaging; official terms URL not re-packaged this pass. Regulation: Terms state interface/protocol not licensed — not converted to Unregulated row. Re-audited 2026-09-13: keep THIN; do not invent fills.

Official sources

3 source references (publisher + URL).

  • Hyperliquid Corp

    Company disclosure

    Open official source ↗https://app.hyperliquid.xyz/terms

    Last checked: Aug 24, 2026

  • Hyperliquid docs

    Company disclosure

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/about-hyperliquid.md

    Last checked: Aug 24, 2026

  • Official source

    Other public source

    Open official source ↗https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees

    Last checked: Aug 27, 2026

Alternatives

Alternatives to Hyperliquid

Candidates selected by published evidence attributes — product, jurisdiction, custody, PoR and record completeness. Not ordered by affiliate payout.

How we checked

Based on public information. Blank means not confirmed yet.

Last checked: Sep 13, 2026 · Last checked: Sep 13, 2026

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