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Hyperliquid vs Extended: which perp DEX is better?

A side-by-side comparison of Hyperliquid and Extended on fees, leverage, volume, chain and token.

HyperliquidExtended
24h volume$2.90B$110M
Maker fee1.5 bps0.5 bps
Taker fee4.5 bps3 bps
Max leverage50x50x
ModelOrderbookOrderbook
ChainHyperliquid L1Starknet L2
Token$HYPENo token
AssetsCryptoCrypto

Hyperliquid vs Extended: which should you choose?

If your priority is cost, Extended wins on taker fees (3 bps). For maximum leverage, Hyperliquid goes up to 50x. For depth and liquidity, Hyperliquid trades the most volume of the two.

Hyperliquid runs a orderbook on Hyperliquid L1, while Extended runs a orderbook on Starknet L2. Read the full profiles: Hyperliquid and Extended.

FAQ

Is Hyperliquid or Extended cheaper?
Extended has the lower taker fee (3 bps vs 4.5 bps). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Hyperliquid or Extended?
Hyperliquid offers more, up to 50x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Hyperliquid or Extended?
Hyperliquid has more listed 24h volume ($2.90B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.