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Hyperdash charges a small builder fee on top of the exchange’s base trading fees, and gives a share of that fee back through tiered cashback and referral rewards. Everything below is managed from the rewards section of your profile page.

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Trading fees

Trades on Hyperdash incur a builder fee of 1.5 basis points (0.015%) on perps and 3 basis points (0.03%) on spot, added to the base Hyperliquid fee schedule. Base rates vary with your own volume tier on the exchange; the trade panel always shows your effective taker and maker rates before you trade.

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Tiers

Your tier is set by your 30-day trading volume, and completing quests plus trading unlocks further tiers. Each tier determines your referral rate on direct referrals and the cashback you earn on your own fees.

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Referrals

You earn a share of the trading fees generated by traders you refer, across three levels:
  • Direct referrals: your tier’s referral rate, from 10% at Wood up to 25% at Obsidian.
  • Level 2 (users referred by your referrals): 4%.
  • Level 3: 1%.
The tier table’s referral rates apply only to direct referrals. Claim your referral code and assign your own referrer from the profile page; you cannot use your own invite code. The profile page is also where you set a custom profile picture.

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Rewards, quests, and claims

The rewards view tracks each referral’s volume, the fees they generated, and your share. Claimable rewards accrue there; claims are usually reviewed and paid out within one week. Quests appear in the Quests panel in the app, and completing them contributes to unlocking higher tiers.
Running an audience of active traders? The Hyperdash Affiliate Program offers up to 25% rev share on direct referrals for approved partners. Apply at hyperdash.com/affiliates.