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Version: 1.0

Fees & Incentives

Nunchi YEX markets inherit Hyperliquid HIP-3 fee mechanics. Always confirm live fee tiers in the trading UI before trading because protocol parameters can change.

Base Fees

Base fees are tiered by trailing 14-day weighted volume.

Tier14-day weighted volumeTaker feeMaker fee
0Less than $5M0.090%0.030%
1More than $5M0.080%0.024%
2More than $25M0.070%0.016%
3More than $100M0.060%0.008%
4More than $500M0.056%0.000%
5More than $2B0.052%0.000%
6More than $7B0.048%0.000%

High-Volume Maker Rebates

High-volume makers who contribute a meaningful share of maker volume can qualify for maker rebates.

Tier14-day weighted maker-volume shareMaker fee rebate
1More than 0.5%-0.001%
2More than 1.5%-0.002%
3More than 3.0%-0.003%

HYPE Staking Discounts

HYPE staking can reduce trading fees through tiered discounts.

TierHYPE stakedTrading fee discount
WoodMore than 105%
BronzeMore than 10010%
SilverMore than 1,00015%
GoldMore than 10,00020%
PlatinumMore than 100,00030%
DiamondMore than 500,000Up to 50%

Nunchi Points

BTCSWP launch points are separate from Hyperliquid fee tiers. See Nunchi Points for the points formula, eligibility gates, and builder-code attribution.

Fair Use

Programs are designed to reward genuine participation. Self-trades, circular volume, and manipulation may be excluded, capped, or clawed back.