# Hyperliquid prop firms > Perpetual futures prop firms mostly use Hyperliquid as a price feed, and the list below shows what each firm publishes. Hyperliquid is a layer one blockchain whose HyperCore runs fully onchain perpetual futures and spot order books. A firm can price an evaluation from that order book without sending your order to it, so read the feed and execution columns separately. **Source:** https://propfirmpal.com/perpetuals/trading-platforms/hyperliquid **Generated:** 2026-11-11 **Publisher:** Prop Firm Pal - independent prop firm comparison _Prop Firm Pal earns affiliate commission from some listed firms. This is disclosed on-site and does not affect the computed ranking order._ --- ## Which prop firms use Hyperliquid? Perpetual futures prop firms mostly use Hyperliquid as a price feed, and the list below shows what each firm publishes. Hyperliquid is a layer one blockchain whose HyperCore runs fully onchain perpetual futures and spot order books. A firm can price an evaluation from that order book without sending your order to it, so read the feed and execution columns separately. ## At a glance - **Type:** Onchain perpetual futures exchange - **Made by:** Hyperliquid - **Runs on:** Web app, API - **Markets:** Perpetual futures, spot ## Prop firms that list Hyperliquid - [E8 Markets Perpetuals](https://propfirmpal.com/perpetuals/firms/unverified/e8-markets-perpetuals) - price feed: Hyperliquid; execution: not stated; fills: simulated - [Hypernova](https://propfirmpal.com/perpetuals/firms/unverified/hypernova-perpetuals) - price feed: Hyperliquid; execution: not stated; fills: simulated - [MyFundedPerps](https://propfirmpal.com/perpetuals/firms/unverified/myfundedperps-perpetuals) - price feed: Hyperliquid, Binance, Bybit, Ostium and Veranta (source venue shown per market; forex via Veranta); execution: not stated; fills: simulated - [PROPR](https://propfirmpal.com/perpetuals/firms/unverified/propr-perpetuals) - price feed: Hyperliquid; execution: Hyperliquid (A-booked trades only; B-booked trades are recorded internally); fills: copied - [Vanta Trading](https://propfirmpal.com/perpetuals/firms/unverified/vanta-trading-perpetuals) - price feed: Hyperliquid (perpetuals); Databento and Massive for spot equities; Massive for forex; execution: not stated; fills: simulated ## Who Hyperliquid suits - Perps traders who want evaluation prices taken from a public onchain order book rather than a firm’s own quote. - Traders who already know the Hyperliquid interface and want the same markets inside a rule set with a payout path. - Anyone comparing firms on execution: the table separates firms that only read Hyperliquid’s prices from any that send orders to it. ## What Hyperliquid costs Trading on Hyperliquid itself costs a percentage of notional. At the base tier the published perps fee is 0.045% taker and 0.015% maker, set by rolling 14-day volume and assessed at the end of each day in UTC, with maker rebates paid continuously. That schedule applies to trading on Hyperliquid directly. On a prop account the firm’s own fee terms apply, so check its rules for trading fees, funding and how either counts toward drawdown. ## How it connects to a prop account There is no account to connect in the usual sense: a firm that lists Hyperliquid as its price feed runs your evaluation on its own engine and reads prices, order book depth and funding from Hyperliquid. Execution is separate and varies by firm. Most firms in our records run simulated execution, where your orders are matched against Hyperliquid data but never reach the exchange. Where a firm copies some trades to Hyperliquid, the table says so. Hyperliquid’s testnet is the free way to practise on the venue. Its faucet gives 1,000 mock USDC to wallets that have made a mainnet deposit from the same address. Prop firm evaluations are a separate product with their own rules and fees. ## Frequently asked questions ### Which perpetual futures prop firms use Hyperliquid? E8 Markets Perpetuals, Hypernova, MyFundedPerps, PROPR, Vanta Trading are the firms in our records listing Hyperliquid. Platform support changes, so confirm on the firm’s own site before buying an evaluation. ### What is Hyperliquid? Hyperliquid is a layer one blockchain built for trading, and its HyperCore layer runs fully onchain perpetual futures and spot order books. Every order, cancel, trade and liquidation is recorded on the chain. ### Does a Hyperliquid prop firm trade on Hyperliquid? Usually not: most firms that name Hyperliquid use it as a price feed and simulate your fills. The table on this page shows each firm’s published price feed and execution model, and copied execution, where it exists, is marked. ### Can you paper trade on Hyperliquid? Yes, on Hyperliquid’s testnet, which uses mock USDC rather than real funds. The testnet faucet gives 1,000 mock USDC and requires a prior mainnet deposit from the same address. Our Hyperliquid paper trading guide compares it with a prop evaluation. ### What are Hyperliquid’s trading fees? Hyperliquid’s base-tier perps fees are 0.045% taker and 0.015% maker, and they fall with rolling 14-day volume. A prop account follows the firm’s fee terms instead, so check the firm’s rules. ## Sources - [Hyperliquid docs - introduction](https://hyperliquid.gitbook.io/hyperliquid-docs) - retrieved 10 November 2026 - [Hyperliquid docs - fees](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees) - retrieved 10 November 2026 - [Hyperliquid docs - testnet faucet](https://hyperliquid.gitbook.io/hyperliquid-docs/onboarding/testnet-faucet) - retrieved 10 November 2026 - [Hyperliquid testnet - mock USDC drip](https://app.hyperliquid-testnet.xyz/drip) - retrieved 10 November 2026 All perps platform guides: https://propfirmpal.com/perpetuals/trading-platforms.md