If you’ve been exploring decentralized exchanges lately, chances are you’ve come across Hyperliquid. It’s a fast-growing platform that has quickly gained attention for combining pro-level trading features with true decentralization. But does it actually deliver on its promises? In this hyperliquid exchange review, we’ll walk through everything you need to know—from the user experience and fees to the trading bonus and long-term value.
Oh, and if you’re looking to test it out, don’t miss the chance to use referral code SAVE5 during signup. It unlocks a $50 bonus and slashes your trading fees, making your first few trades easier and more cost-effective.
Let’s dive in.
Hyperliquid is a decentralized exchange (DEX) that sets itself apart with its own Layer 1 blockchain. That means it doesn’t rely on Ethereum or other chains for transactions. Instead, it operates independently, giving it a serious advantage in speed, scalability, and cost.
Most decentralized exchanges today are still stuck dealing with gas fees, slow transactions, or clunky interfaces. Hyperliquid changes that by offering:
It’s built with the goal of delivering a centralized exchange experience—without the centralization. That’s a rare mix, and it’s why more traders are starting to take a closer look.
Right off the bat, new users can get a $50 trading bonus just by signing up with the referral code “SAVE5.” There’s no deposit required and no complicated conditions.
Here’s how it works:
On top of the bonus, the code also activates lower trading fees, helping you save more in the long run. It’s a practical way to explore the platform while keeping costs down.