Fees
One flat fee, shown before you confirm.
| What it means | |
|---|---|
| Trading | 3 basis points (0.03%) on orders you place through Bulwark, collected through a Hyperliquid builder code. Shown before you confirm |
| Guard | Included. Guard orders carry the same 3 bps. No subscription |
| Your approval | You approve a maximum of 0.05% for Bulwark's builder code on Hyperliquid and can lower it to zero at any time |
| Exchange fees | Hyperliquid's and the market's own trading fees apply as usual, on top |
Testnet preview
No Bulwark fee is charged during the testnet preview.