ArbiLayer

BingX vs Hyperliquid

Fees, coins, new listings, perp prices and safety of BingX and Hyperliquid, side by side.

BingX logo

BingX

Centralized exchange · since 2018

Derivatives-focused crypto exchange known for copy trading, also offering spot and TradFi products.

Open on BingX ↗
Hyperliquid logo

Hyperliquid

Perp DEX · since 2022

Perpetual and spot order-book exchange running on its own Layer 1 blockchain (HyperCore and HyperEVM).

New users: Referral code gives a 4% fee discount on the first $25M of volume

Claim on Hyperliquid ↗
BingXHyperliquid
Trading fees (base tier)
Spot maker0.1%0.04%
Spot taker0.1%0.07%
Futures maker0.02%0.015%
Futures taker0.05%0.045%
Markets (live)
Coins listed1,211458
Coins with perpetuals980178
Coins with spot pairs627290
24h volume$6.98B$6.22B
Coins only here189 coins trade on both1,022269
New listings (detected live)
Last 30 days800
Last 90 days800
Safety and access
Proof of reservesYes · monthlyYes · real-time
Licenses3Australia: AUSTRAC digital currency exchange registration, Lithuania: FCIS VASP registration (MiCA authorisation pending), ISO/IEC 27001 and PCI DSS 4.0.1 certificationsNone listed
Restricted regions11 regionsUnited States, United Kingdom, Canada, Singapore, Netherlands…8 regionsUnited States, Ontario (Canada), Cuba, Iran, Syria…
HeadquartersSingapore (as reported by media; operating entity BingX SG Pte. Ltd.)No official HQ disclosed (developed by Hyperliquid Labs)
Exchange token—HYPE
Incidents on record12
Highlighted = better on that line. Fees are base-tier rates before VIP and token discounts. Markets and listings are counted live from exchange APIs.

Top coins only on BingX

Top coins only on Hyperliquid

BingX or Hyperliquid?

BingX and Hyperliquid are compared here on what matters when you choose where to trade: base trading fees, how many coins each lists, how quickly they add new ones, perpetual prices and funding on the coins both list, and safety signals such as proof of reserves and restricted regions. Live numbers update from the exchanges' public market data; fees and policies were checked against each exchange's own pages.

BingX lists 1,211 coins and Hyperliquid 458. 189 coins trade on both, 1,022 only on BingX and 269 only on Hyperliquid. In the last 30 days BingX added 80 new coins and Hyperliquid 0.

Fees above are base-tier rates before VIP levels and token discounts; BingX offers 2 discount options and Hyperliquid offers 5 discount options. Availability depends on where you live, so check the restricted regions before signing up.

Which has lower fees, BingX or Hyperliquid?

At the base tier, spot taker fees are 0.1% on BingX and 0.07% on Hyperliquid; futures taker fees are 0.05% and 0.045%. VIP tiers and token discounts lower both.

Which lists more coins, BingX or Hyperliquid?

BingX lists 1,211 coins and Hyperliquid 458. 189 coins trade on both exchanges.

Which adds new coins faster?

In the last 30 days ArbiLayer detected 80 new coins on BingX and 0 on Hyperliquid.

Do BingX and Hyperliquid publish proof of reserves?

BingX: yes. Hyperliquid: yes.

Compare BingX with

Compare Hyperliquid with