Hyperliquid
Claim Discount
Discount
- 4% OFF
Platform
- DEX
- L1 Blockchain
Valid for
What Is Hyperliquid?
Hyperliquid is a next-generation decentralized exchange (DEX) built on its own Layer-1 blockchain, designed for high-speed, gas-free, and fully transparent trading.
Unlike most DEXs, Hyperliquid operates a fully on-chain order book, combining the efficiency of centralized exchanges with the security and transparency of DeFi.
Key features:
for on-chain execution and settlement
connect your crypto wallet and start trading instantly
on every trade
and high scalability
with leverage and advanced trading tools
▶️ Start trading on Hyperliquid and experience the best of both CEX and DeFi.
How the Hyperliquid Referral Program Works
To reward traders and community members, Hyperliquid offers a referral program that benefits both sides.
🔷 For the Referrer
- Create your referral code once you reach $10,000 trading volume.
- Earn 10% of trading fees generated by users who join with your code.
- Rewards apply up to $1 billion trading volume per user.
🔷 For the Invited User
- Get an instant 4% trading fee discount for the first $25 million in trading volume.
- The discount doesn’t apply to vaults or subaccounts.
- Once the code is added, it can’t be changed — make sure to apply ICODA during registration.
This structure ensures a win-win for both traders and referrers — you save money, and your inviter earns a commission.
Real Examples of Hyperliquid Fee Savings
Here’s how the 4% discount works in practice:
| Trading Volume | Standard Fee (0.045%) | With 4% Discount | Savings |
|---|---|---|---|
| $1,000,000 | $450 | $432 | $18 |
| $10,000,000 | $4,500 | $4,320 | $180 |
| $25,000,000 | $11,250 | $10,800 | $450 |
Even small traders can enjoy real savings — and for active traders, it adds up fast.
How to Use Promo Code ICODA on Hyperliquid
Follow these quick steps to claim your 4% discount:
- Go to: https://app.hyperliquid.xyz/join/ICODA.
- Connect your crypto wallet (e.g., MetaMask or WalletConnect).
- Check/enter promo code ICODA in the “Referrals” section.
- Fund your account with USDC or another supported token.
- Start trading on spot or perpetual markets — your 4% discount will automatically apply to your first $25 million in trading volume.
Tips to Maximize Your Referral Benefits
- Share your link on crypto forums, Telegram groups, and social media.
- Create educational content (YouTube tutorials, Medium articles) to attract active traders.
- Combine your referral discount with VIP tiers or staking (if available) for even lower trading costs.
- Focus on engaging active users who trade high volumes.
Important Notes & Risks
- The discount is valid only for the first $25 million in trading volume.
- Vaults and subaccounts do not receive discounts.
- The promo code cannot be changed once linked to your account.
- As with all crypto trading, consider market volatility and platform security before investing.
Conclusion — Trade Smarter with Hyperliquid and Save with ICODA
Using our Hyperliquid promo code ICODA gives you an instant 4% fee discount and helps you trade more efficiently from day one.
It’s a simple, risk-free way to make your trading experience more profitable — while supporting us in creating valuable crypto content.
▶️ Sign up today: https://app.hyperliquid.xyz/join/ICODA
Frequently Asked Questions (FAQ)
There are two ways to apply the ICODA referral code:
Option 1 (Recommended): Use the direct referral link — app.hyperliquid.xyz/join/ICODA — when signing up. The code will be automatically applied when you connect your wallet.
Option 2: If you’re already registered, go to app.hyperliquid.xyz/referrals, enter ICODA in the referral code field, and confirm.
Using the ICODA referral code gives you a 4% discount on trading fees for your first $25 million in volume. Remember: the code cannot be changed once applied, so make sure to add it before your first trade.
With the ICODA code, you’ll receive a 4% discount on trading fees for up to $25 million in trading volume. For example, on $10 million in trades with a 0.045% taker fee, you’d save $180. At the maximum $25 million volume, total savings reach $450.
No, once a referral code is linked to your Hyperliquid account, it cannot be changed or removed. Make sure to apply the ICODA code during your initial registration or before completing your first trade to secure your 4% discount.
Hyperliquid operates on its own Layer-1 blockchain with a fully on-chain order book, providing transparency for all transactions. No KYC is required — you simply connect your crypto wallet to start trading. However, as with any crypto platform, conduct your own research and only invest what you can afford to lose.
Unlike most DEXs, Hyperliquid runs on its own native Layer-1 blockchain with a fully on-chain order book, offering CEX-like speed and efficiency without gas fees. While Uniswap uses AMM pools and dYdX uses off-chain matching, Hyperliquid combines high performance with complete on-chain transparency for both spot and perpetual trading.
The 4% referral discount applies to spot and perpetual futures trading on your main account. However, it does not apply to trades made through vaults or subaccounts, as these are treated as separate entities in the settlement system.
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