Hyperliquid vs SafeTrade
Hyperliquid has the higher grade on both axes: Safety 6.7 against 5.7, and Privacy 7.5 against 5.8.
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 →
SafeTrade
Small-cap spot exchange with email sign-up and no ID clause in its terms
Privacy
5.8/ 10
Fair
Safety
5.7/ 10
Fair
No ID mentioned KYC 1 Docs reviewed Full review →
Side by side
| Hyperliquid | SafeTrade | |
|---|---|---|
| Category | No-KYC Exchanges | No-KYC Exchanges |
| KYC policy | No ID mentioned | No ID mentioned |
| Custody | Non Custodial | Custodial |
| Sign-up | No account needed | Email required |
| Open source | No | No |
| Tor onion address | No | No |
| Coins | BTC, ETH, SOL, USDC, USDT, HYPE | BTC, USDT, XMR, LTC, DOGE, ETH, SOL, USDC |
| Pay with | Crypto | Crypto, Monero |
| Fees | Perps base tier 0.045% taker / 0.015% maker; spot 0.070% taker / 0.040% maker, lower with 14-day volume | 0.10% maker / 0.10% taker on listed pairs (fees page) |
| Founded | Not published | 2018 |
| Jurisdiction | Not published | Panama |
| Not available in | United States, Ontario (Canada) and sanctioned jurisdictions; outcome markets have further exclusions | Not published |
| Incidents on record | 0 | 0 |
| Published tests (180 days) | 0 | 0 |
Only Hyperliquid
No registrationNo email neededNon-custodialExcludes US usersIndependent audit
Both
No phone neededClosed sourceRuns an affiliate programme
Only SafeTrade
CustodialRequires emailAccepts Monero5+ years operatingLegal entity disclosed
Where they sit among no-kyc exchanges
Questions
Is Hyperliquid or SafeTrade safer?
Hyperliquid has the higher Safety grade: Hyperliquid 6.7, SafeTrade 5.7, out of 10.
Does Hyperliquid or SafeTrade require KYC?
Hyperliquid is KYC level 1 (no ID mentioned). SafeTrade is KYC level 1 (no ID mentioned).
Which has more incidents on record?
Hyperliquid has 0 and SafeTrade has 0 documented incidents in the registry.