Fees

Paragon follows the HIP-3 fee structure on Hyperliquid. All fees are transparent with no hidden costs.

Trading Fees

Fees are charged per trade based on whether you add or remove liquidity.

Fee Type
Rate
Description

Maker

0.024%

Limit orders that add liquidity to the orderbook

Taker

0.08%

Market orders or limit orders that cross the spread

Example: On a $10,000 trade, maker fees are $2.40 and taker fees are $8.00.

Note: HIP-3 fees may differ slightly from standard Hyperliquid rates.

Fee Tiers

Hyperliquid offers reduced fees for high-volume traders based on 30-day trading volume.

Hyperliquid Fee Tiersarrow-up-right

Fee Distribution

Under HIP-3, trading fees are split between the protocol and the underlying infrastructure.

Recipient
Share

Paragon Protocol

50%

Hyperliquid

50%

Funding Rates

Perpetual futures use funding rates to keep prices aligned with the underlying index. Funding is exchanged between long and short positions at regular intervals.

Condition
Who pays

Positive funding (perp > index)

Longs pay shorts

Negative funding (perp < index)

Shorts pay longs

Current funding rates are displayed on the trading interface.

Hyperliquid Funding Ratesarrow-up-right

No Hidden Fees

Fee Type
Cost

Deposits

Free

Withdrawals

Free

Account maintenance

Free

Inactivity

Free

The only costs are trading fees and funding rate payments.

Last updated