USDC 
USDT 
Bitcoin 
Ethereum 
Solana 
XRP 
Litecoin 
Dogecoin 
Liquid
Trading Fees
- Maker Fee
- 0.07%
- Taker Fee
- 0.045%
Report inaccurate data for Liquid
Rate Alerts
Get notified when Liquid and other rates change. Delivered monthly.
Liquid Review
Liquid is a non-custodial trading and yield platform launched in 2025. While best known for its high-leverage trading, it also offers a Vault product designed for earning yield.
Yield Offering
- Vault Strategy: Assets are placed into automated liquidity provision strategies that historically target upwards of 10% APY for USDC utilizing Hyperliquid protocols.
- Non-Custodial: Users hold their own keys, with deposits and yield strategies executed directly from wallet.
Risks to Know
- Yield Variability: APY is not fixed; returns depend on market conditions and liquidity demand.
- Smart Contract Risk: Non-custodial contracts still carry code and exploit risks.
- Leverage Exposure: The broader platform emphasizes high-risk leveraged trading, which may concern conservative yield seekers.
- Geography Limits: Service unavailable in the U.S. and Ontario (Canada).
Liquid pairs a trader-first exchange with yield vault, letting users earn while keeping custody of their funds. For those already active in DeFi, it offers competitive yields with added control — but risk awareness is essential.
Liquid FAQ
Is Liquid available in the USA?
No, Liquid is not available in the USA.
Does Liquid pay compound yield?
No, yield is not compounded at Liquid.
Does Liquid require a lockup period?
Yes, Liquid has a lockup period of 4 day minimum.
Does Liquid pay interest on Bitcoin?
No, Liquid does not currently pay interest on Bitcoin.
Does Liquid pay interest on Ethereum?
No, Liquid does not currently pay interest on Ethereum.
What are Liquid's trading fees?
Liquid charges a 0.07% maker fee and 0.045% taker fee.
Does Liquid offer a sign-up bonus?
Yes, 10% discount on fees with referral code: CIR
When was Liquid founded?
Liquid was founded in 2025.
Where is Liquid headquartered?
Liquid is headquartered in Delaware, US.
Where is Liquid available?
Worldwide excluding US and Ontario
