Hyperliquid Listing Fee 2025 — Is There a Fee to List a Token?
October 30, 2025
Updated: October 30 2025, 03:52
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SUBMIT APPLICATIONThere is no platform “listing fee” on Hyperliquid. Spot deployments are permissionless: builders acquire a ticker via a Dutch auction. Depending on demand, winning the auction can require a significant budget. Additionally, you will need to deploy an HIP-1 token and open a market with an on-chain order book (CLOB).
Your real spend goes into liquidity depth, security/audits, routing/integrations, and marketing. Below is a pragmatic breakdown for 2025 and a short technical overview so search engines clearly see why Hyperliquid is different from AMM DEXs.
For a full breakdown of total launch costs and a step‑by‑step process, read the complete guide: https://listing.help/hyperliquid-listing-cost/
Where the Budget Actually Goes (2025)
| Bucket | Typical Range | Purpose | Notes |
| Dutch auction | $100K–$300K+ | Acquiring a ticker | Be ready for competitors with a higher budget |
| Liquidity | $15K–$80K+ | Seed depth for main pair (often USDC/Token) | Back‑solve from target slippage (<1–2%) at trade size |
| Audits & Security | $10K–$60K | Independent review, monitoring, governance controls | Verify code, document privileges, timelocks/multisig |
| Integrations & Routing | $5K–$25K | Metadata, explorer links, trackers/aggregators | Prevent impersonation; publish canonical market links |
| Marketing & Brand | $5K–$30K | Docs/website, announcements, PR/KOLs | Sequence with go‑live and depth milestones |
Technical Overview (Why Hyperliquid ≠ AMM)
• On‑chain CLOB with price‑time priority (tick/lot sizes), not x*y=k pools.
• Custom L1 and consensus optimized for trading; sub‑second finality.
• HIP‑1 token standard for spot assets; permissionless deployments.
• Dutch auction to acquire the ticker before market creation.
• Hyperliquidity: single‑sided liquidity module to bootstrap depth.
Mini‑Checklist for Submissions
1) Publish independent audits and remediation; verify source; document privileges.
2) Define primary market (USDC/Token), tick/lot, and depth goals; align MM policies.
3) Prepare metadata (logo, links) and canonical market address; push to trackers.
4) Plan marketing around liquidity milestones; monitor slippage/spreads and expand pairs.
December 15, 2025 
