Builders · Hyperliquid builder codes

A builder code lets an interface that routes an order to Hyperliquid collect a fee on the fills it sends. It is how wallets, terminals and trading bots earn on the order flow they bring to the exchange.

Up to 0.1% on perpetuals and up to 1% on spot. The user approves a maximum fee for each builder and can revoke it at any time, and a single account can authorise up to ten builders simultaneously.

Every builder by the volume routed through its code and the fees that volume generated, over 24 hours, 7 days, 30 days or all time. Open a builder to see its top users and its share of total order flow.