Gate or Hyperliquid?
Gate 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.
Gate lists 2,556 coins and Hyperliquid 458. 227 coins trade on both, 2,329 only on Gate and 231 only on Hyperliquid. In the last 30 days Gate added 4 new coins and Hyperliquid 0.
On the 175 perpetual contracts listed on both exchanges, Gate was cheaper on 128 and Hyperliquid on 45, with a typical gap of 0.052%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was -0.000% on Gate and +0.011% on Hyperliquid.
Fees above are base-tier rates before VIP levels and token discounts; Gate offers 2 discount options and Hyperliquid offers 5 discount options. Availability depends on where you live, so check the restricted regions before signing up.