BitMart vs Hyperliquid
Hyperliquid has the higher grade on both axes: Safety 6.7 against 3.8, and Privacy 7.5 against 0.6.
BitMart
Centralised exchange where trading requires full ID verification
Privacy
0.6/ 10
Poor
Safety
3.8/ 10
Poor
ID mandatory KYC 4 Docs reviewed Full review →
Hyperliquid
On-chain order-book exchange for perpetuals and spot, used with your own wallet
Privacy
7.5/ 10
Strong
Safety
6.7/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| BitMart | Hyperliquid | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | ID mandatory | No ID mentioned |
| Custody | Custodial | Non Custodial |
| Sign-up | Not published | No account needed |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, USDT, SOL, XRP | BTC, ETH, SOL, USDC, USDT, HYPE |
| Pay with | Crypto, Card | Crypto |
| Fees | Not published | Perps base tier 0.045% taker / 0.015% maker; spot 0.070% taker / 0.040% maker, lower with 14-day volume |
| Limits | Level 0: no withdrawals; Level 1: 0.06 BTC per day, no trading; Level 2 (ID + face): trading and higher limits | Not published |
| Jurisdiction | Cayman Islands (governing law) | Not published |
| Not available in | Not published | United States, Ontario (Canada) and sanctioned jurisdictions; outcome markets have further exclusions |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only BitMart
CustodialMay request ID
Both
Closed sourceRuns an affiliate programme
Only Hyperliquid
No registrationNo email neededNo phone neededNon-custodialExcludes US usersIndependent audit
Where they sit among no-kyc exchanges
Questions
Is BitMart or Hyperliquid safer?
Hyperliquid has the higher Safety grade: BitMart 3.8, Hyperliquid 6.7, out of 10.
Does BitMart or Hyperliquid require KYC?
BitMart is KYC level 4 (ID mandatory). Hyperliquid is KYC level 1 (no ID mentioned).
Which has more incidents on record?
BitMart has 0 and Hyperliquid has 0 documented incidents in the registry.