Tuesday, January, 21, 2025

Hyperliquid New Fee System Goes Live on 5 May: Report

Hyperliquid launches a new fee system and staking tiers on May 5, offering up to 40% discounts and account linking for better trading benefits.
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Areeba Rashid

Areeba Rashid is a dedicated crypto news writer with a passion for making complex topics accessible to everyone. She covers the latest developments in the crypto world, including in-depth price analysis, helping readers stay informed and make sense of market trends.
  • Hyperliquid’s new fee system offers discounts from 5% to 40% based on HYPE token staking levels starting May 5, 2025.
  • The platform introduces six staking tiers, including “Wood” and “Diamond,” with discounts up to 40% for stakers.
  • Hyperliquid will soon launch account linking, allowing users to apply staking discounts across different trading accounts.

Hyperliquid’s decentralized exchange will execute its new fee system and staking tiers during May 5, 2025, UTC 03:00. The fee structure update establishes reduced trading prices for individuals who lock in HYPE tokens. The fee system offers discounts ranging from 5% to 40% based on the amount of HYPE users’ stake.

A new stake level system has been developed with six different categories that deliver various fee percentage reductions. Users who stake a minimum of HYPE at 10 become part of the “Wood” tier which provides them with a 5% reduction on their trading fees. HYPE token holders who reach Platinum and Diamond tiers can obtain a maximum fee discount of 40% by staking 100,000 HYPE for Platinum and more than 500,000 HYPE for Diamond.

Account Linking Update

Hyperliquid plans to establish distinct fee plans specifically designed for both perpetual contracts and spot trading. The total volume between spot trading and perpetual contracts together determines the user’s fee discount category. Spot trading volume gets doubled when determining the fee tier of users enabling faster access to discounts.

Users of Hyperliquid will soon gain access to an account linking system which enables them to connect their testnet trading and staking accounts through one interface. Through this function traders can link their staking advantages with different trading accounts. Account linking becomes permanent which eliminates all stake-related fee discounts for the staking account that is now connected to a trading account.

Hyperliquid’s Staking Integration

The account linking feature will become operational soon after establishing the new fee structure and staking mechanism. Users maintaining complete access to their linked trading funds will experience permanent account connections because Hyperliquid prevents unlinking after the initial connection. The linking feature provides users a better way to receive discount benefits from staking across combined accounts.

The company made this announcement following the perpetual contract delisting of JELLY which occurred last month. JELLY’s price experienced a rapid surge that reached 230% which forced Hyperliquid to delist the product and led to a total loss of $10.63 million. Hyperliquid took JELLY perpetual contracts off its platform mainly because it believed this sudden price surge stemmed from market manipulation.

Hyperliquid continues to enhance its features by focusing on user convenience while implementing new user incentives and fee optimization. Future platform evolution through these changes expects to attract additional users, which should accelerate expansion inside the decentralized exchange market.

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