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Stanford Study Finds Retail Traders Pay Most Fees in Crypto Boom

cryptonews100_tggfrn by cryptonews100_tggfrn
September 18, 2026
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Crypto markets have made around-the-clock leveraged bets a booming fixture, utilizing contracts that by no means expire. New analysis gives an unusually detailed have a look at how a lot retail buyers are paying up for the motion.

On Hyperliquid, one of many largest venues for this type of buying and selling, customers recognized as doubtless retail speculators tended to commerce on the more expensive facet of the market, in line with teachers from Stanford College and Columbia Enterprise Faculty.

Over 15 months in 10 of the highest-volume contracts, the retail cohort made up about 41% of quantity however greater than 80% of Hyperliquid charges analyzed. Against this, Hyperliquid …



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