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Fees & permissions
Last updated 2026-09-14 · tapeperp.com
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Three separate costs
- Tape builder fee: planned cap of 2 bps (0.02%) per eligible fill; $2 per $10,000 filled notional. Charged only on orders carrying Tape's builder code after your approval.
- Hyperliquid trading fee: separate protocol fee, dependent on the market and applicable tier.
- Funding: variable payments between longs and shorts. Funding is not Tape revenue.
A $10M month of eligible filled notional at 2 bps would produce $2,000 gross builder fees. This is an illustration, not a forecast. Opening and closing fills both contribute to notional.
Check an existing approval
Configured builder: 0x0D0d318d63178BEd223B40a85409aF154b9A7Db8
Revoke permission
Manage builder approvals in Hyperliquid. Verify the builder address above and revoke its fee approval using your main wallet. Return here to check the resulting cap. This page cannot revoke or approve on your behalf.
Official builder-code documentation · Return to research
Tape is a non-custodial, informational interface to Hyperliquid. Nothing here is financial, investment, legal, or tax advice. Trading perpetual futures involves substantial risk of total loss.