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The Vision vs The execution

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TAE GUIDE

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27,808 views • 11 months ago •via X (Twitter)

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What matters is the total cost of execution, not just the fee users pay. 0% fees ≠ cheaper total cost. We ran the numbers across Hyperliquid, Lighter, and Extended. TL;DR: 1. Lighter vs Extended: Total execution cost on Extended on alts ≈ Total execution cost on Lighter Standard. 2. Hyperliquid vs Extended: Unless your HL taker tier is below 2.5 bps, your total execution cost is likely cheaper on Extended. Full analysis below.
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