SmartLiquid fees and trading costs
Browsing public wallet information is free. Executed copy trades may incur a SmartLiquid builder fee in addition to exchange trading fees. Funding, slippage and transfer costs are separate.
SmartLiquid product guide · Updated
Builder fee
The builder fee is calculated on executed notional, not on profit or the amount deposited. Both opening and closing fills can incur it. The fee approval ceiling is permission to charge up to that ceiling, not a promise that every order uses it. Check the authorization and actual fills.
The rate shown on this page reflects this service environment’s configured builder fee. The exchange execution record determines what was actually charged.
Other costs
Hyperliquid exchange fees depend on its current fee schedule and your account. Funding payments, execution price differences and any deposit, withdrawal or bridge costs are separate. An unfilled rejected order has no executed notional for the builder fee; other operations may still have costs.
Compare like-for-like returns
Compare the same time window and distinguish closed-trade PnL, unrealized PnL, fees and funding. A public wallet’s gross result does not establish a follower’s net result.