Centralized exchange · since 2013 Centralized exchange founded in 2013 as Huobi and renamed HTX in 2023, offering spot, futures, earn and copy-trading products.
New users: Task-based new-user campaigns (June 2026 campaign: 100,000 USDT prize pool plus device prizes)
Claim on HTX ↗
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 ↗
HTXHyperliquid
Trading fees (base tier)
Spot maker0.2%0.04%
Spot taker0.2%0.07%
Futures maker0.02%0.015%
Futures taker0.06%0.045%
Markets (live)
Coins listed894458
Coins with perpetuals397178
Coins with spot pairs584290
24h volume$2.13B$5.97B
Coins only here189 coins trade on both705269
New listings (detected live)
Last 30 days80
Last 90 days80
Perpetuals listed on both
Cheaper on more coinsof 64 shared perps, by mid price16 coins48 coins
Average funding (24h)positive = longs pay shorts+0.021%+0.024%
Typical price gapmedian between the two venues0.13%0.13%
Safety and access
Proof of reservesYes · monthlyYes · real-time
LicensesNone listedNone listed
Restricted regions12 regionsUnited States, Canada, Mainland China, Hong Kong, Singapore…8 regionsUnited States, Ontario (Canada), Cuba, Iran, Syria…
HeadquartersNo official HQ disclosed; described in press coverage as Seychelles-basedNo official HQ disclosed (developed by Hyperliquid Labs)
Exchange tokenHTXHYPE
Incidents on record52
HTX or Hyperliquid?
HTX 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.
HTX lists 894 coins and Hyperliquid 458. 189 coins trade on both, 705 only on HTX and 269 only on Hyperliquid. In the last 30 days HTX added 8 new coins and Hyperliquid 0.
On the 64 perpetual contracts listed on both exchanges, HTX was cheaper on 16 and Hyperliquid on 48, with a typical gap of 0.13%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was +0.021% on HTX and +0.024% on Hyperliquid.
Fees above are base-tier rates before VIP levels and token discounts; HTX offers 2 discount options and Hyperliquid offers 5 discount options. Availability depends on where you live, so check the restricted regions before signing up.