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Hyperliquid vs Gains Network: which perp DEX is better?

A side-by-side comparison of Hyperliquid and Gains Network on fees, leverage, volume, chain and token.

HyperliquidGains Network
24h volume$2.90Bn/a
Maker fee1.5 bpsn/a
Taker fee4.5 bpsn/a
Max leverage50x150x
ModelOrderbookPool
ChainHyperliquid L1Arbitrum, Base, Polygon
Token$HYPE$GNS
AssetsCryptoCrypto, Forex, Stocks, Commodities

Hyperliquid vs Gains Network: which should you choose?

If your priority is cost, Hyperliquid wins on taker fees (4.5 bps). For maximum leverage, Gains Network goes up to 150x. For depth and liquidity, Hyperliquid trades the most volume of the two.

Hyperliquid runs a orderbook on Hyperliquid L1, while Gains Network runs a pool on Arbitrum, Base, Polygon. Read the full profiles: Hyperliquid and Gains Network.

FAQ

Is Hyperliquid or Gains Network cheaper?
Hyperliquid has the lower taker fee (4.5 bps vs n/a). Funding rates also affect total cost, so check both before trading.
Which has higher leverage, Hyperliquid or Gains Network?
Gains Network offers more, up to 150x, versus 50x. Higher leverage means higher liquidation risk.
Which is bigger, Hyperliquid or Gains Network?
Hyperliquid has more listed 24h volume ($2.90B), which usually means deeper liquidity and less slippage.

More comparisons

Not financial advice. Volume figures are compiled from each venue's public data on our live rankings and may lag; fees, leverage and token status are curated and can change. Always verify on the exchange before trading. Perpetual futures are high risk and leverage can liquidate your position.