OKXHyperliquid
Trading fees (base tier)
Spot maker0.08%0.04%
Spot taker0.1%0.07%
Futures maker0.02%0.015%
Futures taker0.05%0.045%
Markets (live)
Coins listed669458
Coins with perpetuals485178
Coins with spot pairs404290
24h volume$24.12B$5.97B
Coins only here181 coins trade on both488277
New listings (detected live)
Last 30 days00
Last 90 days00
Perpetuals listed on both
Cheaper on more coinsof 147 shared perps, by mid price115 coins30 coins
Average funding (24h)positive = longs pay shorts-0.014%+0.005%
Typical price gapmedian between the two venues0.043%0.043%
Safety and access
Proof of reservesYes · monthlyYes · real-time
Licenses3EU: MiCA CASP authorisation for OKX Europe Limited from Malta's MFSA (27 January 2025), US: OKX INC., NMLS #1767779, Dubai: provisional virtual asset licence (July 2022)None listed
Restricted regions15 regionsCanada, Hong Kong, India, Japan, Malaysia…8 regionsUnited States, Ontario (Canada), Cuba, Iran, Syria…
HeadquartersGlobal platform operated by Aux Cayes FinTech Co. Ltd. (Seychelles); regional entities incl. Malta (EEA), UAE, Singapore and the US (San Jose, California)No official HQ disclosed (developed by Hyperliquid Labs)
Exchange tokenOKBHYPE
Incidents on record32
OKX or Hyperliquid?
OKX 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.
OKX lists 669 coins and Hyperliquid 458. 181 coins trade on both, 488 only on OKX and 277 only on Hyperliquid. In the last 30 days OKX added 0 new coins and Hyperliquid 0.
On the 147 perpetual contracts listed on both exchanges, OKX was cheaper on 115 and Hyperliquid on 30, with a typical gap of 0.043%. Gaps like these are what the arbitrage scanner tracks; average 24h funding on the shared coins was -0.014% on OKX and +0.005% on Hyperliquid.
Fees above are base-tier rates before VIP levels and token discounts; OKX offers 1 discount option and Hyperliquid offers 5 discount options. Availability depends on where you live, so check the restricted regions before signing up.