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Legend trades are executed on Hyperliquid. Your total fee on each trade has two parts: the Hyperliquid network fee and the Legend platform fee.

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Hyperliquid Network Fees

Hyperliquid charges volume-tiered maker/taker fees based on your rolling 14-day trading volume, assessed at the end of each day in UTC. There are separate fee schedules for perpetuals and spot. Both count toward a single volume tier, with spot volume weighted double: 14d weighted volume = (14d perps volume) + 2 × (14d spot volume)

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Perpetuals

14d VolumeMakerTaker
< $5M0.0150%0.0450%
$5M+0.0130%0.0400%
$25M+0.0120%0.0375%
$100M+0.0100%0.0350%
$500M+0.0080%0.0325%
$1B+0.0060%0.0300%
$3B+0.0050%0.0275%
$5B+0.0030%0.0250%

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Spot

14d VolumeMakerTaker
< $5M0.0400%0.0700%
$5M+0.0350%0.0650%
$25M+0.0300%0.0600%
$100M+0.0250%0.0550%
$500M+0.0200%0.0500%
$1B+0.0150%0.0400%
$3B+0.0100%0.0350%
$5B+0.0050%0.0250%
Stable-pair spot markets (e.g. USDC/USDT) are charged at 0.2× the standard spot rate. Maker rebates are paid out on each fill directly to your trading wallet when your maker rate is negative. Sub-account volume counts toward your master account, and all sub-accounts share the same fee tier.

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Staking Discount

Staking HYPE on Hyperliquid reduces your network trading fees. See Hyperliquid’s fee documentation for the full staking discount schedule.

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Legend Platform Fee

A platform fee (builder code fee) is charged on every trade placed through Legend, on top of the Hyperliquid network fee:
MarketPlatform Fee
Perpetuals0.05%
Spot0.25%
A portion of this fee funds referral payouts and clan leader rewards.

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Total Fee

Your total fee per trade is the sum of both components: Total fee = Hyperliquid network fee + Legend platform fee For example, a taker perpetual trade at the base volume tier costs:
  • Hyperliquid taker fee: 0.045%
  • Legend platform fee: 0.05%
  • Total: 0.095%

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Referred User Cashback

Users who signed up through a referral link earn 10% cashback on Legend platform fees from losing trades. This cashback accrues automatically and can be claimed from the Rewards section in your profile.
For the complete Hyperliquid fee schedule including staking discounts and additional details, see Hyperliquid’s fee documentation.