Hyperliquid

Wallet-only perps/spot trading with strict front-end jurisdiction restrictions.

hyperliquid.xyz

Zero KYC
US
Evidence and facts →

Wallet-only perps/spot trading with strict front-end jurisdiction restrictions.

Common useNon-restricted users who want wallet-only perpetuals or spot tradingSwapOperator dataHosted

Identity checksZero KYCNo document check recorded · identity exposure level 0/4

Evidence and riskVerified evidenceCautionMaterial claims checked against current sources.; those sources show trade-offs worth reading.

Last reviewedReviewed 24 Jun 2026KYC checked 24 Jun 2026 · inferred jurisdiction · Source → official termsHow to cite this pageEvidence confidence94/100

Evidence and facts

JURISDICTIONUS

CAUTIONOfficial interface terms restrict US persons, Ontario, sanctioned/restricted territories, and citizens of restricted territories, and prohibit VPN/proxy circumvention. Treat as wallet-only/no account, not as a privacy-preserving no-KYC swap. US-domiciled/company-facing compliance risk remains.

AUDITED BYNo audit listed

OPERATOR DATAHosted operator recorded

EVIDENCE CONFIDENCE

SELF-REPORTED3/3

Why evidence is 94/100Formula 3.1

Source coverageMaterial claims checked against current sources: +70
Review ageOldest recorded check is 61 days old: +24

Full scoring method

LAST CHECKED2026-06-24

LAST UPDATED2026-06-24

Specs

DOCUMENT CHECKNone recorded

IDENTITY EXPOSURELevel 0/4

KYC TRIGGERSNo identity-document KYC in the normal wallet-connect flow, but this is not a generic privacy/no-KYC swap. Hyperliquid’s official interface is unavailable to US persons, Ontario, sanctioned/restricted territories, and citizens of restricted territories; its terms also prohibit VPN/proxy/location-concealment circumvention.

FEE0.035%

LIMITNo Limit

NETWORKSarbitrum

CATEGORIESSwap

COMMON USESNon-restricted users who want wallet-only perpetuals or spot trading, Users who understand that front-end access is geofenced and compliance-restricted

FEATURESNo account, Perpetuals, Instant, Spot Trading

TORNot listed

REGIONSGlobal availability

Review analysis, source material, related services, and history

About

Wallet-only perpetuals and spot DEX on its own L1, whose interface excludes US, Ontario and sanctioned persons.

Analysis

OVERVIEW

Hyperliquid is a wallet-connect perpetuals and spot DEX on its own L1, charging a 0.035% fee with no identity-document flow in normal use and no stated daily limit; the jurisdiction field is recorded as US even though the interface itself excludes US persons.

LIMITS

The official interface excludes US persons, Ontario, and sanctioned or restricted territories, prohibits VPN or proxy circumvention, and the record cautions against treating this as a privacy-preserving no-KYC swap since compliance risk remains for US-facing use.

USEFUL FOR

Fits traders outside restricted jurisdictions who want wallet-only perpetuals or spot access and accept a geofenced, compliance-restricted interface.

Sources · reviewed 2026-07-16

Official app ↗

Corporate identity

Registry-sourced, not audited. The facts below come from cited web research rather than a direct registry query. Each claim links its own source.

LEGAL ENTITY: Hyperliquid Corp.source ↗

Registry research · reviewed 2026-08-08

Frequently Asked Questions

Is identity verification required?

No identity verification is recorded for typical use. No identity-document KYC in the normal wallet-connect flow, but this is not a generic privacy/no-KYC swap. Hyperliquid’s official interface is unavailable to US persons, Ontario, sanctioned/restricted territories, and citizens of restricted territories; its terms also prohibit VPN/proxy/location-concealment circumvention.

Which payment methods are accepted?

Accepted payment methods: arbitrum.

Where is it available?

Recorded availability: GLOBAL.

Is the operator based in a Five Eyes country?

Yes. The recorded jurisdiction is US, a Five Eyes country (US, UK, CA, AU, NZ). This is jurisdiction context and does not by itself establish that a service is safer or less safe.

How are identity, operator, and evidence fields reported?

Identity exposure is level 0 of 4. A hosted operator is recorded. Jurisdiction is shown as context, not a safety verdict. Evidence confidence is 94/100 and recorded risk is caution.

Which payment networks are supported?

Accepted networks: arbitrum.

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Swap app for confidential cross-network swaps.

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Sources and history

Service history

Latest meaningful changes to the facts shown on this provider page.

9 Aug 2026
Corporate registry information updated
Corporate / Entity type
8 Aug 2026
Corporate registry information updated
Corporate
6 Aug 2026
Provider presentation updated
Evidence status, Recorded risk, Trust level

Full service history

9 Aug 2026updated
Corporate registry information updated
Corporate / Entity type
not setcompany
Review source: official terms · public history entry
8 Aug 2026updated
Corporate registry information updated
Corporate
not setLegal entity: Hyperliquid Corp.; Officers: none; Prior entities: none
Review source: official terms · public history entry
8 Aug 2026updated
Provider summary rewritten
Description
Wallet-only perpetuals and spot DEX on its own L1. No account or identity-document flow in normal use, but the official interface excludes US, Ontario, and sanctioned/restricted persons.Wallet-only perpetuals and spot DEX on its own L1, whose interface excludes US, Ontario and sanctioned persons.
Review source: official terms · public history entry
7 Aug 2026updated
Provider summary rewritten
Card summary
not setWallet-only perpetuals and spot DEX.
Review source: official terms · public history entry
6 Aug 2026updated
Provider presentation updated
Evidence status
not setverified
Recorded risk
not setcaution
Trust level
cautionnot set
Review source: official terms · public history entry
25 Jun 2026updated
Clarify Hyperliquid KYC restrictions
Badge
NO KYCNO ACCOUNT
Best for
General usageNon-restricted users who want wallet-only perpetuals or spot trading, Users who understand that front-end access is geofenced and compliance-restricted
Description
Fully on-chain orderbook DEX on its own L1. Zero KYC, high speed. (No KYC)Wallet-only perpetuals and spot DEX on its own L1. No account or identity-document flow in normal use, but the official interface excludes US, Ontario, and sanctioned/restricted persons.
Jurisdiction
GBUS
Jurisdiction confidence
unknowninferred
KYC last checked
2026-06-222026-06-24
Kyc note
Advertises No-KYC, but strictly adhere to OPSEC rules. Access via Tor, pay with XMR.No identity-document KYC in the normal wallet-connect flow, but this is not a generic privacy/no-KYC swap. Hyperliquid’s official interface is unavailable to US persons, Ontario, sanctioned/restricted territories, and citizens of restricted territories; its terms also prohibit VPN/proxy/location-concealment circumvention.
Last reviewed
2026-06-222026-06-24
Privacy warning
US-domiciled (Delaware/New York) - Five Eyes jurisdiction. DPRK-linked wallets used platform Oct–Dec 2024 (suspected Lazarus Group reconnaissance). Platform failed to proactively block sanctioned addresses. Potential OFAC compliance risk. $256M in outflows in 30 hours after DPRK news broke Dec 2024.Official interface terms restrict US persons, Ontario, sanctioned/restricted territories, and citizens of restricted territories, and prohibit VPN/proxy circumvention. Treat as wallet-only/no account, not as a privacy-preserving no-KYC swap. US-domiciled/company-facing compliance risk remains.
Source reviewed
official siteofficial terms
Tagline
A privacy-preserving tool offering genuine utility.Wallet-only perps/spot trading with strict front-end jurisdiction restrictions.
Updated at
2026-03-132026-06-24
Review source: official terms · public history entry
24 Jun 2026updated
Provider facts reviewed and updated
Checked at
2026-06-222026-06-24
Jurisdiction
not setGB
Review source: official site · public history entry
22 Jun 2026updated
Ship trust audit remediation pass
Checked at
2025-10-012026-06-22
Jurisdiction confidence
not setunknown
KYC last checked
not set2026-06-22
Last reviewed
not set2026-06-22
Source reviewed
not setofficial site
Review source: official site · public history entry
7 Apr 2026updated
Drop warrantCanary trust signal
Warrant canary
nonot set
Review source: source not recorded · public history entry
29 Mar 2026updated
KYC risk level system + advanced directory filters
KYC level
zero0
Review source: source not recorded · public history entry
15 Mar 2026updated
SEO hardening, OG images, ErrorBoundary, Zod validation, CSS article extraction
Countries
noneGLOBAL
Review source: source not recorded · public history entry
14 Mar 2026updated
Offline status bug, vetted grid, news/projects img tags
Status
liveok
Review source: source not recorded · public history entry
14 Mar 2026updated
Provider presentation updated
Fee
not set0.035%
Updated at
not set2026-03-13
Votes
240not set
Review source: source not recorded · public history entry
12 Mar 2026updated
Provider facts reviewed and updated
Privacy warning
not setUS-domiciled (Delaware/New York) - Five Eyes jurisdiction. DPRK-linked wallets used platform Oct–Dec 2024 (suspected Lazarus Group reconnaissance). Platform failed to proactively block sanctioned addresses. Potential OFAC compliance risk. $256M in outflows in 30 hours after DPRK news broke Dec 2024.
Trust level
verifiedcaution
Review source: source not recorded · public history entry
10 Mar 2026updated
Provider facts reviewed and updated
Best for
not setGeneral usage
Categories
Swap, PerpsSwap
Kyc note
not setAdvertises No-KYC, but strictly adhere to OPSEC rules. Access via Tor, pay with XMR.
Tagline
not setA privacy-preserving tool offering genuine utility.
Type
Perps / Spot DEXDEX (Perpetuals)
Votes
1400240
Review source: source not recorded · public history entry
8 Mar 2026updated
Social links re-verified
Telegram
https://t.me/hyperliquidnot set
Twitter
https://x.com/hyperliquidnot set
Review source: source not recorded · public history entry
8 Mar 2026updated
Social links re-verified
Telegram
not sethttps://t.me/hyperliquid
Twitter
not sethttps://x.com/hyperliquid
Review source: source not recorded · public history entry
8 Mar 2026updated
Social links re-verified
Telegram
https://t.me/hyperliquidnot set
Twitter
https://x.com/hyperliquidnot set
Review source: source not recorded · public history entry
8 Mar 2026updated
Social links re-verified
Telegram
not sethttps://t.me/hyperliquid
Twitter
not sethttps://x.com/hyperliquid
Review source: source not recorded · public history entry
8 Mar 2026created
Provider presentation updated
Provider profile
not setcreated
Review source: source not recorded · public history entry

Only fields shown on the provider page are tracked. Private identifiers are never published.

Evidence basis: Claims on this page are linked to published sources for comparison, not certification, audit, endorsement, or recommendation; read the methodology and coverage map before relying on an entry.