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Hyperliquid Promo Code NEWBONUS: Get a 4% Fee Discount
- Hyperliquid Referral Codes
- What is the Hyperliquid Promo Code?
- How to Register
- Hyperliquid Code Case Study: How the Fee Discount Works
- Hyperliquid Fees
- What is Hyperliquid?
- Hyperliquid Perpetual Futures
- Hyperliquid Spot Trading
- Hyperliquid Payment Methods
- Hyperliquid Customer Support
- Hyperliquid Promo Code FAQs
The Hyperliquid referral code is NEWBONUS. New users can enter this code when joining Hyperliquid to receive a 4% discount on trading fees for their first $25M in volume.
Hyperliquid is not a sportsbook or online casino, so this is not a traditional deposit bonus, free bet or casino reward. Instead, NEWBONUS is a referral code for crypto traders who want to reduce the fees they pay when trading eligible markets on Hyperliquid.
Perpetual futures and crypto trading involve a high risk of loss. Users should only trade if they understand the risks and are legally allowed to access Hyperliquid in their jurisdiction.
Hyperliquid Referral Codes
| Product | Promo Code | Offer | Notes |
|---|---|---|---|
| Hyperliquid Perpetuals | NEWBONUS | 4% fee discount | Applies to your first $25M in trading volume |
| Hyperliquid Spot | NEWBONUS | 4% fee discount | Spot volume counts towards fee-tier calculations |
| Vaults/Sub-accounts | NEWBONUS | Not eligible | Referral discounts do not apply to vaults or sub-accounts |
What is the Hyperliquid Promo Code?
The Hyperliquid promo code is NEWBONUS. Enter this code when registering through the Hyperliquid referrals page and the platform will apply a 4% discount to eligible trading fees until you reach $25,000,000 in cumulative trading volume.
This discount applies to trading fees only. It is not a cash bonus, free crypto offer, deposit match or guaranteed trading return.
How to Register
- Go to Hyperliquid. Our secure links on this page take you directly to the official Hyperliquid app at app.hyperliquid.xyz/trade.
- Connect Your Wallet. Hyperliquid is a wallet-based trading platform. Instead of creating a standard account with an email and password, users connect a compatible crypto wallet. Always make sure you are using the official Hyperliquid website before connecting a wallet.
- Open the Referrals Page. Go to the referrals section inside Hyperliquid, or visit the official referrals page directly.
- Enter NEWBONUS. Enter the code NEWBONUS in the referral code field. Once accepted, the discount should apply automatically to eligible trading fees on your main account.
- Deposit and Trade. Hyperliquid is crypto-only. Users typically deposit USDC through supported blockchain networks before trading. There is no standard debit card, bank transfer or PayPal deposit option inside Hyperliquid.
What Does NEWBONUS Give You?
The NEWBONUS referral code gives eligible new users a 4% discount on trading fees for their first $25M in volume.
For example, Hyperliquid’s base perpetuals fee schedule currently lists a Tier 0 taker fee of 0.045% and a Tier 0 maker fee of 0.015% before any referral, staking or volume-based reductions. A 4% referral discount reduces the fee paid, but it does not remove trading fees entirely.
Hyperliquid Code Case Study: How the Fee Discount Works
To understand the value of the NEWBONUS referral code, we tested Hyperliquid with a fresh account and a $3,000 USDC deposit.
During the test, the account traded HYPE-PERP using 10x leverage and generated $318,750.35 in 24-hour cumulative trading volume. The account showed a positive PNL of $494.67 at the time of review, but that result should not be treated as typical, expected or repeatable. Leveraged crypto trading is highly volatile, and the same trade setup could have produced a loss.
The more useful takeaway is the fee impact. At Hyperliquid’s base Tier 0 taker fee of 0.045%, a trader generating $318,750.35 in taker volume would pay around $143.44 in trading fees before any referral discount. With the NEWBONUS 4% fee discount applied, that fee cost would be reduced by around $5.74.
That is the real purpose of the code. NEWBONUS does not improve your trading result or reduce market risk, but it can reduce the cost of trading during your first $25M in volume.
Hyperliquid Fees
Hyperliquid uses a maker-taker fee model.
A maker order adds liquidity to the order book. A taker order removes liquidity by matching against existing orders. Taker fees are usually higher than maker fees.
At the base level, Hyperliquid currently lists:
| Market | Taker Fee | Maker Fee |
|---|---|---|
| Perpetuals | 0.045% | 0.015% |
| Spot | 0.070% | 0.040% |
Higher-volume users may qualify for lower fees. Users who stake HYPE may also qualify for additional fee reductions, depending on the amount staked. Hyperliquid lists different fee schedules for perps and spot, with fee tiers based on rolling 14-day volume.
What is Hyperliquid?
Hyperliquid is a decentralised crypto trading platform focused on perpetual futures and spot markets. It runs on its own Layer-1 blockchain and is designed to offer an order-book trading experience closer to a centralised exchange, while still using on-chain settlement.
The platform’s trading system includes on-chain perpetual futures and spot order books, with orders, cancels, trades and liquidations taking place transparently on-chain.
Hyperliquid Perpetual Futures
Perpetual futures are Hyperliquid’s main trading product.
These contracts allow traders to speculate on crypto prices without owning the underlying asset. Traders can use leverage, which can increase potential returns but also increases the risk of rapid losses and liquidation.
Hyperliquid lists a wide range of perpetual markets, including major crypto assets and smaller digital asset markets. Leverage limits vary by asset and market conditions.
Hyperliquid Spot Trading
Hyperliquid also offers spot trading. Spot markets are generally simpler than perpetuals because the user is buying or selling the asset itself rather than opening a leveraged derivatives position.
Spot fees are separate from perpetuals fees. Spot and perps volume are counted together for fee-tier purposes, with spot volume counting double towards the fee-tier calculation.
Hyperliquid Payment Methods
Hyperliquid is crypto-only. Users deposit supported crypto assets from a wallet. USDC is commonly used for trading collateral.
All deposits and withdrawals are via the native bridge, which supports over 30 networks including:
- Arbitrum
- Ethereum mainnet
- Base
- Solana
- Avalanche
- Polygon
- Optimism
- BNB Chain
Anyone who does not already understand crypto wallets, gas fees, bridging and network selection should take extra care before using Hyperliquid.
Is Hyperliquid Available in the US?
No. Hyperliquid is not available to users in the United States. Users should not try to bypass regional restrictions.
Is Hyperliquid Legit?
Hyperliquid is an established decentralised crypto trading platform, but users should still understand the risks before connecting a wallet or opening a position.
The main risks include:
- Losing money on leveraged positions
- Liquidation if margin falls too low
- Crypto market volatility
- Smart-contract and blockchain risks
- Wallet security risks
- Regulatory or access restrictions
- User error when depositing, bridging or withdrawing funds
A referral code can reduce fees. It cannot reduce market risk.
Hyperliquid Customer Support
Hyperliquid users can access support through official documentation, in-app help resources and official community channels.
Only use official Hyperliquid links. Do not trust referral links, Telegram messages, Discord DMs or social media accounts claiming they can recover funds or fix wallet issues.
Hyperliquid Promo Code Terms and Conditions
- The Hyperliquid referral code is NEWBONUS.
- The code gives eligible users a 4% discount on trading fees.
- The discount applies to the first $25M in cumulative trading volume.
- The discount applies to eligible trading fees only.
- It is not a deposit bonus, free bet, free spins offer or guaranteed return.
- Referral discounts do not apply to vaults or sub-accounts.
- Users must enter the code through Hyperliquid’s referral system.
- The offer may be changed, paused or withdrawn.
- Hyperliquid is not available in all jurisdictions.
- Perpetual futures and crypto trading involve a high risk of loss.
Hyperliquid Promo Code FAQs
What is the Hyperliquid promo code?
The Hyperliquid promo code is NEWBONUS.
What does the NEWBONUS code give me?
NEWBONUS gives eligible users a 4% discount on trading fees for their first $25M in volume.
Does the Hyperliquid referral code work for perpetuals?
Yes. The referral discount applies to eligible trading fees, including perpetual futures trading on the main account. Use the code NEWBONUS to claim.
Does the Hyperliquid code work for spot trading?
Yes. The referral discount can apply to eligible spot trading fees on the main account.
Do I need KYC to use Hyperliquid?
Hyperliquid is wallet-based rather than a traditional email-and-password trading account. Users connect a compatible crypto wallet, but they must still comply with Hyperliquid’s terms and any legal restrictions in their own jurisdiction.
Is Hyperliquid legal in my country?
That depends on where you live. Hyperliquid restricts access from certain jurisdictions, and users should check the latest official Terms of Use before trading.
Can US users claim the Hyperliquid promo code?
No. Hyperliquid is not available to users in the United States.
Is Hyperliquid good for beginners?
Hyperliquid is not ideal for complete beginners. The platform is designed for crypto traders who understand wallets, on-chain deposits, perpetual futures, leverage, liquidation and trading fees.
Can the NEWBONUS code guarantee a profit?
No. The code only reduces eligible trading fees. It does not guarantee profit and does not protect users from trading losses.
