OKX vs Hyperliquid
A live, data-based comparison of stock tokens and stock perpetuals on OKX and Hyperliquid; 101 stocks trade on both. Check the venue's live quote and terms before ordering.
Which to choose
- OKX lists more stock tokens (178 vs 0 on Hyperliquid).
- OKX lists more stock perpetuals (209 vs 131 on Hyperliquid).
- Hyperliquid is an on-chain venue you trade by connecting a wallet, without identity verification; OKX is a centralized exchange that requires an account and KYC.
Overview
| Overview | OKX | Hyperliquid |
|---|---|---|
| Spot tokens | 178 | 0 |
| Perpetuals | 209 | 131 |
| Underlyings covered | 211 | 116 |
| Stock token 24h volume | $21.79M | — |
| Stock perpetual 24h volume | $472.10M | $307.54M |
| Token series | xStocks | — |
| Max leverage | 75× | 50× |
| Stock tokens (maker / taker) | See the official fee page | — |
| Stock perpetuals (maker / taker) | See the official fee page | Standard fees on third-party markets such as trade.xyz are 0.03% maker and 0.09% taker; markets in growth mode are discounted by 90% or more |
| Account | KYC required | Wallet only, no account needed |
| Regions excluded by the terms | not yet confirmed | the terms do not list mainland China, Hong Kong, Taiwan or the Southeast Asian markets we track (which does not mean it is legal locally) |
Fees are base rates for regular users (maker / taker) from the exchanges' public feeds; for venues without a feed, rely on the official fee page. Fee comparison →
Stocks on both venues 101
101 stocks have perpetuals on both: funding is lower on OKX for 63 of them and on Hyperliquid for 38 (when funding is positive longs pay, so lower means cheaper to hold a long).
| Stock | Premium | Funding rate | ||
|---|---|---|---|---|
| OKX | Hyperliquid | OKX | Hyperliquid | |
| +0.04% | · | 0.0000% | -0.0209% | |
| -0.15% | · | +0.0695% | -0.0526% | |
| · | · | +0.0016% | +0.0050% | |
| -0.09% | · | +0.0140% | +0.0050% | |
| -0.16% | · | 0.0000% | +0.0050% | |
| -0.18% | · | 0.0000% | -0.0033% | |
| -0.31% | · | 0.0000% | -0.0515% | |
| -0.03% | · | +0.0301% | +0.0122% | |
| -0.19% | · | +0.0731% | -0.0040% | |
| -0.16% | · | +0.0052% | +0.0050% | |
| · | · | -0.0255% | -0.0952% | |
| +0.11% | · | +0.0034% | -0.0150% | |
| +0.26% | · | +0.0334% | +0.0050% | |
| -0.07% | · | 0.0000% | -0.0003% | |
| -0.05% | · | +0.0114% | +0.0050% | |
Premium is the lowest among each venue's comparable stock tokens (normalized by shares per token); funding is from the venue's most-traded perpetual. "·" means the venue has no such product; "—" means it has one but the premium cannot be compared.
Popular stocks on only one venue
Only on OKX:
SPY
SKHYNIX
SOXS
QQQ
MUU
TQQQ
SAMSUNG
ANTHROPIC
Only on Hyperliquid:
Next steps
OKX
178 stock tokens · 209 stock perpetuals
- See all stock tokens and perpetuals on OKX →
- How to Open an OKX Account: Eligibility and Verification →
Hyperliquid
0 stock tokens · 131 stock perpetuals
- See all stock tokens and perpetuals on Hyperliquid →
- Hyperliquid Stock Perpetuals: Wallets, HIP-3 and Funding →
Frequently asked questions
Which has more stock tokens, OKX or Hyperliquid?
OKX has 178 stock tokens and 209 stock perpetuals; Hyperliquid has 0 stock tokens and 131 stock perpetuals. 101 stocks trade on both.
Which regions cannot use OKX or Hyperliquid?
OKX: not yet confirmed. Hyperliquid: the terms do not list mainland China, Hong Kong, Taiwan or the Southeast Asian markets we track (which does not mean it is legal locally). Rely on the venue's latest terms and local rules.
More exchange comparisons
Market data comes from each venue's public feeds and is for reference only, not investment advice. Stock tokens and stock perpetuals are volatile and high risk, and some venues or products are unavailable in certain countries and regions. Check local rules and the venue's terms before trading.