About Hyperliquid
Hyperliquid is a perpetuals DEX that runs on its own purpose-built Layer 1 blockchain. Trades are executed and settled on-chain, meaning you keep custody of your funds at all times — no deposits to a custodial account and no KYC. As a DEX, Hyperliquid combines a CEX-style order book experience with the self-custody guarantees of DeFi.
Trading on a DEX like Hyperliquid means you never deposit funds into a custodial account — you connect a self-custody wallet, sign transactions yourself, and every fill is recorded on-chain. The CryptoCodes referral code RABAT attaches a permanent fee discount of 10% fee discount to your wallet on first trade, with no further action required.
Why CryptoCodes editors recommend code RABAT
Our editors compare every publicly available Hyperliquid referral code each month and pick the one that pays the largest verified bonus. The code RABAT currently unlocks the maximum reward of 10% fee discount for new Hyperliquid accounts and is fully active for June 2026. We track every change to Hyperliquid's referral programme and update this page within 24 hours of any modification.
Pros
- +On-chain order book — true DEX with self-custody
- +No KYC, accessible globally
- +10% lifetime fee discount via the referral code
Cons
- −No fiat on-ramp — you need crypto to start
- −DEX self-custody means you are responsible for wallet security
How to use the Hyperliquid referral code
- Click the Sign up button above to open Hyperliquid with code RABAT pre-filled.
- Connect your self-custody wallet (MetaMask, Phantom, Rabby or similar) — no email, no KYC.
- Deposit margin from your wallet to the Hyperliquid smart contract.
- Confirm the referral code RABAT is recorded against your wallet address.
- Place your first trade — the 10% fee discount fee rebate activates automatically.
Frequently asked questions
Is Hyperliquid a DEX or a CEX?⌄
Hyperliquid is a DEX (decentralized exchange). It runs on its own Layer 1 blockchain and settles trades on-chain, so you keep custody of your assets in your own wallet.
Does Hyperliquid require KYC?⌄
No. As a DEX, Hyperliquid does not require KYC or identity verification. You only need a self-custody wallet to start trading.
How much do I save with the Hyperliquid referral code RABAT?⌄
Signing up with code RABAT applies a 10% discount on taker fees for the lifetime of your Hyperliquid account.
Can I add the Hyperliquid referral code after signing up?⌄
No. The referral relationship is set on first deposit. You must register via the referral link to lock in the lifetime fee rebate.
