Comparison Overview
Hyperliquid vs Lighter
Hyperliquid is usually the stronger fit for traders who want deeper liquidity, broader market coverage, and a high-performance order book. Lighter is a more focused option for users prioritizing lower recorded fees, a lighter product surface, and Arbitrum access. Both are high-risk perpetual trading venues, so verify official fees and risk controls before using either platform.
Core Facts
| Platform | Hyperliquid | Lighter |
|---|---|---|
| Maker / Taker | 0.02% / 0.05% | 0.01% / 0.04% |
| Chains | Hyperliquid L1 | Arbitrum |
| Market Model | Order Book | Order Book |
| KYC | Currently marked as no-KYC | Currently marked as no-KYC |
| Max Leverage | 50x | 20x |
| Assets | 40+ | 15+ |
| Risk Level | Medium | Medium |
How to Choose
- Choose Hyperliquid first if liquidity, market coverage, and platform maturity matter most.
- Consider Lighter if a lighter workflow and lower recorded fees are your main priorities.
- Always verify the official domain and referral code before continuing from any sign-up link.
Hyperliquid
Hyperliquid is better suited for users who care about Hyperliquid L1, 0.02%/0.05% fees, 50x max leverage, and 40+ supported assets.
Lighter
Lighter is better suited for users who care about Arbitrum, 0.01%/0.04% fees, 20x max leverage, and 15+ supported assets.
Before continuing, verify that you are on the official page and that the domain, referral code, and page prompts are correct.
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FAQ
Which is better for beginners, Hyperliquid or Lighter?
Hyperliquid is usually easier to research first because it has broader market coverage, more liquidity references, and more tutorial content. Lighter can still be tested with small size if you want a lighter workflow. Avoid high leverage when starting on either platform.
Can I use the fee numbers here as the final trading cost?
No. PerpsHub records a current snapshot for comparison, but live fees, campaigns, and rules can change. Always verify the official trading screen and documentation before placing an order.