Hyperliquid Trading Fee Discounts Launch with Up to 40% Off
Hyperliquid's trading fee discount market has been launched by Valantis, a liquidity staking and trading platform that has integrated with DeFi protocol Pendle.
The market allows traders to access up to 40% lower trading fees on Hyperliquid, which is native token HYPE ($82.74 · Live). The discounts are based on the amount of HYPE staked, with 5% for staking over 10HYPE, 10% for staking over 100HYPE, and up to 40% for staking over 50,000 HYPE.
Valantis claims that in order to access these discounts previously traders had to stake HYPE directly or engage in relative trading with market makers or protocols. The integration between Valantis and Pendle allows the use of stHYPE, a liquidity staking token for HYPE, which also enables traders to purchase stHYPE's yield tokens (YT) on Pendle.
The first market is set to run until January 28th, 2027, and will be followed by subsequent markets. Valantis estimates that Hyperliquid's top 20,000 traders who stake HYPE have already reduced their trading fees by approximately $40 million in annualized value.