Ukraine is the case where the framework exists on paper and has no legal force. Spot is neither banned nor regulated - it sits outside the legal perimeter.
Leveraged derivatives are a separate question with a separate answer. Derivative contracts are capital-market instruments that require an NSSMC licence, and the statutory list of things a derivative may be written on does not include virtual assets, so crypto perpetuals and CFDs cannot be licensed in Ukraine at all; there is no domestic venue for them, and no criminal provision aimed at the retail trader either.
The contract itself does not change by geography: a HYPE perpetual settles in USDC everywhere.
14 venues open Hyperliquid perps to traders in Ukraine.
ApeX
Aster
Avantis
Derive
Ethereal
gTrade
Hyperliquid
Ostium
Paradex
VestFour steps from sign-up to an open position.
Individuals are subject to 18% personal income tax plus a 5% military levy on crypto gains and income from virtual asset transactions.
Trading Hyperliquid from Ukraine: not clearly regulated.
From Ukraine, you can fund a Hyperliquid position using Local bank card to a foreign crypto venue, Bank transfer (hryvnia, domestic) and USDT P2P.
16 platforms serve Ukraine for Hyperliquid trading, among them Aevo, ApeX and Aster.
On Canborsa, traders in Ukraine can use up to 10x leverage on Hyperliquid.