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Points programs

What Hyperliquid, Lighter, Extended, Variational and Pacifica publish about points, and what $1M of taker volume costs on each.

Programs checked — · fees checked 2026-10-02

Empty or 0 = no value is computed. Enter your own guess to see value and net per $1M. No venue publishes a dollar value for points.

Points per venue

Cost per point is not what a point is worth. It is what the fees on $1M of taker volume cost, divided by the estimated points.

The proportional split is an assumption. No venue confirms that points follow volume; the estimate splits each weekly pool by volume share and assumes both sides of each trade earn points. Neither Extended nor Pacifica says on its points page whether maker or taker volume counts differently (checked Oct 2, 2026), so both count the same here.

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How we count