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Read the full Decentralised News guide here: https://decentralised.news/best-hyperliquid-alternatives-in-2027

In this video, we cover:
Why Hyperliquid became the benchmark for on-chain perpetuals
When traders should consider using an alternative venue
The difference between direct trading fees and total execution cost
Why funding rates can matter more than maker and taker fees
Which platforms offer zero-fee or low-fee trading
Which venues are strongest for market makers and API traders
Which platforms offer stock, forex, commodity and RWA perpetuals
Why privacy, custody and settlement design now matter more
How to compare spreads, slippage, funding and liquidity before trading
The Decentralised News total-cost test for perpetual futures traders

Featured platforms include:
Trade on Lighter: https://lighter.xyz/?ref=659323WR
Trade on Paradex: https://app.paradex.trade/r/decentralised
Join GRVT: https://grvt.io/exchange/sign-up?ref=8YKP2VP
Trade on Ostium: https://app.ostium.org/?ref=1RCGN
Trade on Ondo Perps: https://app.ondoperps.xyz/?ref=P9N3ST
Trade on EVEDEX: https://evedex.com/invite/9e3mk2nx
Join AlphaX: https://www.alphax.com/en-us/register?invite_code=uai4b7
Join Aivora: https://www.aivora.com/en-us/signup?inviteCode=EAAZAAQG
Trade on TXFlow: https://app.txflow.com/r/TXHEATH

Also compare major crypto exchanges:
Bybit: https://partner.bybit.com/b/46164
OKX: https://okx.com/join/2136301
MEXC: https://www.mexc.com/en-GB/acquisition/custom-sign-up?shareCode=mexc-16yJL
Binance: https://www.binance.com/en/activity/referral-entry/CPA?fromActivityPage=true&ref=CPA_00SXKU7IO9
Kraken: https://kraken.pxf.io/QjZ0L3

Disclaimer: This video is for educational and informational purposes only. It is not financial advice, trading advice, investment advice or a recommendation to use any platform, token or financial product. Perpetual futures, leverage, derivatives and crypto trading are high risk and can result in significant or total loss of capital. Fees, funding rates, liquidity, incentives, supported markets and jurisdictional availability can change quickly. Always verify current platform terms before trading.

#Hyperliquid #PerpetualFutures #PerpDEX #CryptoTrading #DeFi #Derivatives #Lighter #Paradex #GRVT #Ostium #OndoPerps #Aevo #CryptoFutures #DecentralisedNews #TradingFees #FundingRates #OnChainTrading #DeFiTrading #CryptoExchanges
Transcript
00:00hyperliquid has become a benchmark for on-chain perpetuals it combines a fully on-chain
00:05audiobook and non-custody and also more than 300 markets sophisticated apis and strong crypto
00:13liquidity and what i really like about hyperliquid is that its base perpetual fee tier begins at
00:180.015 for makers and 0.045 for takers while funding is also settled on an hourly basis so
00:28its success is not sort of eliminating the need for other competing venues right so the perpetual
00:36market itself is sort of fragmenting into specialized platforms that offer different
00:42unique value propositions zero fee accounts maker rebates funding payment rebates hundreds of
00:49smaller markets stocks forex commodities tokenized securities yield bearing margin and privacy options
00:57hybrid institutional execution and alternative settlements so really what we want to do is
01:04look at the best hyperliquid alternatives so that you guys have a complete all-around know of you know
01:14these platforms based on the fees funding liquidity and the market so even though hyperliquid still
01:20remains one of the most strongest on-chain perpetuals exchanges funding has become sometimes a little bit
01:26more expensive when one side of a market becomes crowded right other platforms may offer lower
01:32direct fees maker rebates funding rebates more outgoing markets equity commodity perpetuals
01:38options and other options so really when we look at these alternatives and based on those kind of
01:46metrics that we look at at the end of the day the leading platforms will be including platforms like
01:53lighter uh all of these you can find the links in the description to um the platforms so you can
01:59get
02:00the best reading discounts and bonuses as well so uh lighter is a zero fee standard account funding
02:05rebate platform aster is good for multi-chain liquidity hidden orders yield bearing collateral you can use
02:12aidan which is uh one that is over 400 crypto perpetual markets gravity grvt is a really strong right now
02:20uh for maker rebates and institutional infrastructure as well paradox for privacy options a unified uh
02:27margin ostium if you like forex indices and commodities right uh on the perps for tokenized uh equity
02:34collateral uh nado uh for flexible margin uh competitive maker economics and standex if you want to yield
02:42bearing uh trading collateral evil for options and uh pre-launch markets and evidex if you want uh those
02:49uh free cashback and automated trading tools so i think the most uh fascinating thing that we saw
02:56when we're doing this uh research is that uh the most important thing is that no platform uh permanently
03:03offers that lower funding right traders should compare the total cost of the exact position they
03:08intend to up open and including the entry and exit fees the spread the slippage the funding collateral
03:14conversion and also the withdrawal cost and for many experienced traders at the end of the day the
03:20best approach may uh be to pretty much maintain access to several venues uh and route each trade
03:27accordingly to um you know based on live funding liquidity and market availability so what we've done
03:33is done a whole comprehensive review with the comparison which you can find in the link in the
03:38description is available on our main site and you can check out these platforms for yourself let me know
03:44which ones are your favorite like share subscribe and turn on the notifications guys i will see you
03:48in the next video the best peptics is that's where you want to be trading and all of that is
03:56in the
03:56links in below uh to our main site and you can compare all of those individual platforms based on
04:03the the reviews that we've done comprehensively on each one of them like share and subscribe and i'll see you
04:08guys next time peace
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