Hyperdaily guide

Hyperliquid builder fees explained

A builder code is a fee permission, not a blank cheque. The useful question is who can charge, how much they can charge, and whether you can lower the cap later.

Run the read-only check

Public address only. No private keys, no agent wallet, no signing during the scan.

Builder codes are per-builder permissions

Hyperliquid users approve a maximum fee for a specific builder address. The approval is signed by the main wallet, which makes the builder address and maximum rate worth checking before a routed order.

The cap belongs in the preview

approveBuilderFee sets the maximum allowed builder fee rate. A clear preview should show the builder address, fee rate, order surface, what the application earns, and what remains unapproved.

Revoke means lower the permission

Hyperliquid allows builder permissions to be revoked. A safer interface makes the lower-to-zero path visible instead of burying it in a settings page.

FAQ

What does approveBuilderFee do?

It approves a maximum fee rate for a specific Hyperliquid builder.

Does a wallet scan approve a builder code?

No. A read-only scan only reads public data. Builder approval is a separate user-signed action.

Can a builder fee approval be revoked?

Yes. The user can update the permission to a lower rate or zero.

Primary sources

Keep reading

Turn this guide into a wallet briefing.

Scan a Hyperliquid wallet