MEXC or Hyperliquid?
MEXC 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.
MEXC lists 2,017 coins and Hyperliquid 458. 209 coins trade on both, 1,808 only on MEXC and 249 only on Hyperliquid. In the last 30 days MEXC added 11 new coins and Hyperliquid 0.
On the 171 perpetual contracts listed on both exchanges, MEXC was cheaper on 126 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 -0.005% on MEXC and +0.010% on Hyperliquid.
Fees above are base-tier rates before VIP levels and token discounts; MEXC offers 3 discount options and Hyperliquid offers 5 discount options. Availability depends on where you live, so check the restricted regions before signing up.