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, but only on net profits.

  • If your strategy generates yield, Liminal takes a 10% share.

  • If your position breaks even or underperforms, no fee is charged.

• This ensures that Liminal only earns when you do.

Deposit and Withdrawal Fees

• No protocol fees are charged for deposits or withdrawals.

• However, standard network fees may apply depending on the chain used:

  • Arbitrum: Layer 2 gas fees.

  • Hyperliquid: Minimal native transaction fees.

Users can withdraw their funds at any time with no penalties or delays imposed by Liminal.

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

Institutional Access

Institutional users interacting with Liminal through Hyperliquid agents follow the same principles:

• 10% performance fee on net positive returns.

• 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:

  • Applies by default to new regular users.

  • Also applies to institutional users under $10,000 in cumulative Hyperliquid volume.

• 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:

Tier	HYPE Staked	Discount
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

Fee Type	Amount	Notes
Performance Fee	10% of net 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% of net 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