Sign in Launch App

  Home / Hyperliquid vs LayerZero  

Crypto pair

VS

HYPE vs ZRO: Side-by-Side

Crypto vs Crypto up to 10x Funding every 1h 0.07% per side 86 markets

Hyperliquid and LayerZero, side by side on the dimensions that matter for a perp trader: class, structure and behaviour.

On this page Returns Risk and funding Side by side Verdict FAQ

HyperliquidHYPE-PERP · Canton

LayerZeroZRO-PERP · Canton

VS

Price

—

—

24h

—

—

YTD return ——

30D volatility ——

Max leverage 10x5x

Both legs on Canborsa Sign up›

HYPE-PERP vs ZRO-PERP

—

Hyperliquid–LayerZero Price ratio

—

90d

Correlation

—

ZRO vs HYPE

Volatility ratio · 90d

—

HYPE

1Y return spread

Returns by window · winner marked

Who returned more, window by window

Window

HYPE

ZRO

Spread

1W

—

—

—

1M

—

—

—

3M

—

—

—

1Y

—

—

—

Performance · indexed overlay

HYPE vs ZRO, indexed to 100

HYPE·ZRO

Risk · volatility and correlation

Volatility and correlation

Realized volatility (annualized)

HYPEZRO

30D · HYPE

—

30D · ZRO

—

90D · HYPE

—

90D · ZRO

—

Wider bar = more volatile. Values load with the live window.

Correlation · window

—

−1−0.50+0.5+1

Daily returns on the measured window. +1 lockstep, 0 unrelated, −1 mirrors. Not a forecast.

Funding · APR on each leg

Funding on each side

HYPE-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

—

FUNDING · $1,000 · 1 HOUR

—

ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

—

7 DAYS

—

30 DAYS

—

90 DAYS

—

ZRO-PERP Live 1h

FUNDING · $1,000 · 30 DAYS

—

FUNDING · $1,000 · 1 HOUR

—

ROUND-TRIP FEE · $1,000$1.40 0.14%

Funding on $1,000

1 DAY

—

7 DAYS

—

30 DAYS

—

90 DAYS

—

Head-to-head · spec by spec

Hyperliquid vs LayerZero — the numbers side by side

Spec

HyperliquidHYPE-PERP · Canton

LayerZeroZRO-PERP · Canton

VS

Asset class

Crypto

Crypto

Max leverage on Canborsa

10x

5x

Funding interval

1h

1h

Also trades on

24 platforms

16 platforms

Trading fees

 0.07% / side · 0.14% round-trip 

 0.07% / side · 0.14% round-trip 

Funding · APR

—

—

Verdict

Both legs are crypto perpetuals on Canborsa, settled in USDC.

HYPE is live at up to 10x ; ZRO is live at up to 5x . Trading fees are 0.07% per side ( 0.14% round-trip).

Both legs have their own market pages: Hyperliquid (HYPE) market hub ›LayerZero (ZRO) market hub ›

Frequently asked questions

What fees apply when trading Hyperliquid and LayerZero?›

Trading Hyperliquid or LayerZero on Canborsa costs 0.07% per side, or 0.14% for a full round trip.

How are Hyperliquid and LayerZero listed by ticker on Canborsa?›

Hyperliquid trades under the ticker HYPE and LayerZero under ZRO.

What sectors do Hyperliquid and LayerZero belong to?›

Canborsa categorizes Hyperliquid as Decentralized Exchange (DEX) and LayerZero as Smart Contract Platform.

Do Hyperliquid and LayerZero trade in the same market category?›

Hyperliquid and LayerZero are both crypto assets on Canborsa.

How much leverage is available for Hyperliquid on Canborsa?›

Of the two, only Hyperliquid is live on Canborsa, with up to 10x leverage.

Same pillar · asset pairs

More pairs to compare

Return spread and top leverage on each neighbouring pair.

Hedera vs LayerZero crypto pair ›

World Liberty Financial vs LayerZero crypto pair ›

Injective vs Jupiter crypto pair ›

Hyperliquid vs Zcash crypto pair ›

Injective vs Lido DAO crypto pair ›

Hyperliquid vs XRP crypto pair ›

NEAR Protocol vs Pudgy Penguins crypto pair ›

Aptos vs SPX6900 crypto pair ›

Crypto pair · Perpetual · —

Trade HYPE and ZRO on Canborsa

More markets · one venue · crypto-native

—

0.07% per side

Launch App› Explore markets

Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.

Markets

Crypto perpetualsStock perpetualsGold & commoditiesIndex perpetualsAll markets ›

Companies

SpaceXOpenAIAnthropicStripeAll companies ›

Compare

Perp feesFunding ratesNo-KYC platformsCanborsa vs AvantisCanborsa vs OstiumAll comparisons ›

Learn

What is a perpetual?Funding rates explainedAirdrops & pointsAll guides ›

© Canborsa 2026Terms Privacy