Hyperliquid vs Jupiter Comparison
| 0.015% maker / 0.045% taker | Fees | 4-7 bps position open/close |
HyperliquidWinner
vs
Jupiter
Pros & Cons
Pros
- Order book held fully on-chain on a purpose-built layer 1
- CEX-level fees from 0.015% maker / 0.045% taker
- No network fees on trades
- 170+ perpetual markets with order types including TWAP
- Self-custody, no mandatory KYC
Cons
- No EU authorisation and no regulated counterparty
- Support runs through community channels only
- Leverage is capped tightly on smaller markets — headline figures apply to major markets only
- Tax reporting rests entirely with the user
Pros
- Near-zero network fees on Solana
- Very fast execution
- Embedded in Solana's largest trading ecosystem
- Pool model without order-book slippage
- Liquidity provision through JLP with a share of fees
Cons
- Narrow market list — essentially the major pairs
- Funding costs on open positions
- Very high leverage tiers on individual pairs raise liquidation risk
- No EU authorisation
Score Comparison
4.8Usability4.6
4.8Features3.9
4.7Fees4.0
4.6Stability4.3
3.8Support3.5
Features
- Largest perpetual DEX by trading volume
- Purpose-built layer 1 rather than a rollup dependency
- Fee discount through HYPE staking
- TWAP orders available to retail users
- Network fees at a fraction of a cent
- JLP pool at billion-dollar scale
- Part of the Solana trading ecosystem
- Fee share for liquidity providers
Details
HyperliquidJupiter
| Hyperliquid Labs | Company | Jupiter Exchange |
| United States | Headquarters | Singapore |