Fees
Liminal is built on the principle of alignment: the protocol only earns when users earn. There are no hidden fees, no lockups, and no surprise charges. This page outlines the current fee structure associated with using Liminal, including integrations with Hyperliquid and its staking-based fee discounts.
Performance Fee
Liminal applies a 10% performance fee on net funding received. This means we take 10% of the gross funding PnL generated by your strategy, before Hyperliquid trading fees and spread costs. If no funding is earned, no fee is charged. Liminal only earns when you do.
Deposit and Withdrawal Fees
Liminal does not charge any protocol fees for deposits or withdrawals on Hyperliquid or Arbitrum. However, when depositing via deBridge from Ethereum, Base, or BNB Chain, the following fees apply:
deBridge Fees
Fixed Fee: Paid in the native token of the source chain (e.g., ETH, BNB).
Variable Fee: 0.04% of the deposit amount, deducted in USDC or USDT.
Liminal Fee
0.02% of the deposit amount, also deducted in USDC or USDT.
These fees are automatically deducted during the bridging process.
Withdrawals are always free of protocol fees and can be initiated at any time, with no delay or penalties from Liminal.
Supported Tokens per Chain
HyperCore & Arbitrum: USDC
Ethereum, Base, BNB Chain: USDC & USDT
HyperEVM: USDT
Strategy Execution Costs
All strategy-related operations, such as funding optimization, rebalancing, and execution across venues are:
Handled automatically by Liminal's internal engine.
Included within the net strategy performance.
Not billed separately to users.
The engine is continually optimized to reduce:
Slippage
Unnecessary rebalancing
Inefficiencies in funding rate capture
While these execution costs are minimized and embedded in the strategy logic, it's important to note that the "Your 30d APY" displayed in the dashboard reflects gross funding returns, that is, before trading fees and spread on Hyperliquid are applied. These costs occur when positions are entered, rebalanced, or exited (e.g. during deposit, withdrawal, or reallocation), and can impact net performance.
Institutional Access
Institutions using Liminal through Hyperliquid agents follow the same principles:
10% performance fee on gross funding PnL (i.e. before HL fees and spread).
No setup or delegation fees.
Full self-custody is maintained.
Tailored terms may be available for large-scale partnerships. Contact the team for more information.
Referral and Staking-Based Fee Discounts
Liminal maximizes fee efficiency for users on Hyperliquid via automatic referral integration and staking-based fee discounts.
Referral Integration
All users are automatically assigned the "Liminal" referral code.
Benefit: 4% discount on Hyperliquid trading fees, improving strategy performance.
Hyperliquid Staking Discounts
Users who stake HYPE on Hyperliquid can receive significant trading fee discounts, which stack on top of the referral rebate:
Wood
>10
5%
Bronze
>100
10%
Silver
>1,000
15%
Gold
>10,000
20%
Platinum
>100,000
30%
Diamond
>500,000
40%
Discounts apply automatically at the Hyperliquid account level.
Discounts affect both perpetual and spot markets, depending on your 14-day trading volume tier.
Trading Fee Structure on Hyperliquid
Liminal strategies executed on Hyperliquid are subject to the protocol’s native fee schedule, which depends on:
14-day rolling trading volume (spot volume counts double).
Your staking tier.
Typical taker fees range from 0.045% (base) to 0.024% (high volume Diamond tier). Maker rebates may apply at high maker volume tiers.
These trading fees are paid directly to the Hyperliquid protocol and community funds, not to Liminal.
Linking with External Staking Accounts
Hyperliquid allows a trading user to link with a staking user for fee discounts. Important notes:
The staking user gains control of the trading account.
Linking is permanent and cannot be undone.
The staking user loses their personal fee benefits after linking.
We do not recommend this method unless both parties understand and agree to the implications.
Will Fees Change?
There are no current plans to modify the 10% performance-based fee model. This structure reflects Liminal’s commitment to:
Transparent pricing
User-protocol alignment
Broad accessibility
Any future changes will be clearly communicated to the community.
Summary of Fees
Performance Fee
10% on net funding profits
Charged only if the strategy generates a return
Deposit Fee
0%
Network gas fees may apply
Withdrawal Fee
0%
No exit costs or lockups
Institutional Access
10% on net funding profits
Same structure; no setup or custody-related fees
Referral Discount
4% Hyperliquid fee rebate
Applied automatically for eligible users
Staking discount
Up to 40% fee discount
Based on HYPE staked; applies automatically
Last updated