Hyperliquid referral code

Get a 4% discount and trade futures anonymously without KYC using the Hyperliquid referral code:

10DISCOUNTCopy

Claim your 4%

In this article you will learn everything about the Hyperliquid referral code 10DISCOUNT. With this code you pay 4% less on your trading fees and you can trade perpetual futures fully on-chain, without any KYC verification.

Hyperliquid is a decentralised perpetuals exchange that runs on its own high-performance blockchain. It combines the speed of a centralised exchange with the self-custody and transparency of a decentralised one.

What is a Hyperliquid referral code?

A Hyperliquid referral code, also called an invite code, is a code you apply to your account to receive a discount on your trading fees. With the code 10DISCOUNT you save 4% on every trade.

You benefit from the discount and the person who shared the code may receive a small commission from the exchange. It does not cost you anything extra, so it is always smart to use a referral code when you sign up.

How to use the Hyperliquid code

Hyperliquid works a little differently from a regular exchange because it is fully on-chain. You do not create an account with an email address, you connect a crypto wallet instead. Follow the steps below to apply the code correctly.

Step 1: Create an account

Go to the Hyperliquid app and choose to sign up. You can connect an existing wallet such as MetaMask or Rabby, or use the built-in email login that creates a wallet for you.

Step 2: Connect your wallet

Approve the connection in your wallet. No personal details or identity documents are required, which is why you can trade anonymously on Hyperliquid.

Step 3: Apply the referral code manually to receive the discount

The referral code is not always applied automatically. Open the referral section in your profile and enter the code 10DISCOUNT manually to make sure the 4% discount is active before you start trading.

Step 4: Deposit funds into your account

Deposit USDC to your Hyperliquid account. Bridging is fast and the funds appear in your trading balance within moments.

Step 5: Start trading

Once your balance is funded and the code is applied, you can open long or short positions on a wide range of perpetual markets with up to high leverage.

Explanation of the 4% discount

The 4% discount applies to the taker and maker fees you pay when trading perpetual futures. On an active trading account these small savings add up quickly, especially if you trade with leverage and larger position sizes.

What is Hyperliquid?

Hyperliquid is a decentralised exchange built on its own layer-1 blockchain, designed specifically for trading. The order book and matching engine run fully on-chain, so every trade is transparent and verifiable while still feeling as fast as a centralised platform.

The project became widely known for its large community airdrop of the HYPE token and for offering deep liquidity across hundreds of perpetual markets.

Advantages of Hyperliquid

Advantages of Hyperliquid:

• No KYC, so you can trade anonymously with just a wallet
• Fully on-chain order book with high speed and low latency
• Deep liquidity on hundreds of perpetual markets
• Self-custody: you keep control of your funds
• 4% discount on trading fees with the referral code 10DISCOUNT

Disadvantages of Hyperliquid

Disadvantages of Hyperliquid:

• Only futures trading, no traditional spot market in the classic sense
• Requires some experience with wallets and on-chain deposits
• Trading derivatives with leverage carries a high level of risk

The Hyperliquid affiliate and referral structure

Hyperliquid rewards users who invite others through its referral program. When someone signs up with your code and starts trading, you can earn a share of their trading fees, while they receive the 4% discount. It is a transparent, on-chain system that benefits both sides.

Conclusion

Hyperliquid is one of the most interesting decentralised exchanges for anyone who wants to trade perpetual futures without KYC. With the referral code 10DISCOUNT you immediately pay 4% less on your trading fees, so you keep more of your profits while trading fully on-chain.