DefiLiban has published a beginner-focused review and tutorial for Hyperliquid, the decentralized exchange (DEX) accessible at app.hyperliquid.xyz. The guide, available at defiliban.io/hyperliquid-review-2026, is built to take new users from their first visit to a completed trade, covering wallet connection, network selection, token swaps, optional limit orders, and the platform's referral link program. For readers new to decentralized trading, the material is practical rather than theoretical: because a DEX transaction is confirmed in the user's own wallet, as the guide describes, the key decisions — which wallet to connect, what a transaction will cost — rest with the user rather than an intermediary.

Tested Across Three Devices

According to the authors, the review is based on hands-on testing rather than stock photography, with live screenshots captured on three devices: a desktop display 1,440 pixels wide (a Windows laptop or iMac), an iPad at 1,024 pixels, and an iPhone 16 Pro Max at 430 pixels. For each form factor, the guide presents a screenshot and a best-for recommendation, closing the section with an overall summary of the experience across devices. The per-device layout lets readers preview how the platform renders on hardware they already own before visiting the site.

The article is structured to open with a plain-English explanation of what the platform is and who built it, followed by a set of key facts, with later sections addressing the exchange's core features and its fee schedule.

Step-by-Step Tutorial

The core of the piece is a four-step tutorial:

• Step 1 — Connect your wallet. Visit the site and click the "Connect" button, which the guide notes is usually located in the top-right corner. MetaMask, WalletConnect, and Coinbase Wallet are listed among the many supported wallets.
• Step 2 — Select your network.
• Step 3 — Perform a swap, reviewing the key fields shown before confirming the transaction.
• Step 4 — Place an optional limit order.

How Referral Links Work

A large portion of the guide is devoted to referral links, which the authors compare to a tip jar. Using someone else's link is laid out in five steps. First, the recipient opens the shared link, which loads the platform with a special parameter in the URL identifying the referrer. Second, the visitor connects a wallet exactly as described in the tutorial. Third, the swap details are reviewed. Fourth comes the optional tip — the element the guide identifies as the actual "referral" component. Finally, the user confirms in their own wallet, which displays the exact amounts going in and out along with the network gas fee, described as a small fee paid to the blockchain that typically ranges from $0.50 to $5 depending on the network. Once approved, the swap executes within seconds, according to the guide. The structure leaves the tip entirely at the recipient's discretion and surfaces the gas fee at the confirmation step rather than after the fact — details that are easy for a first-time user to miss. A separate section explains how users can create referral links of their own.

Security, Comparison, and Verdict

The guide includes a security chapter covering what users need to know, together with a list of best practices, and a comparison table positioning the platform against competitors. A closing verdict section is structured to identify who the platform suits, who should look elsewhere, and a rating out of five.

Notably, several sections of the published version — including the plain-English platform explainer, the founding story, the fee schedule, the network-selection, swap, and limit-order instructions, the security details, the competitor comparison, and the final rating — appear as unfilled template placeholders rather than completed text. Because screenshots were captured live from the platform, the guide reflects the interface as it stood at publication; readers counting on the placeholder sections may want to check back for completed versions.

The guide is dated October 20, 2026, and closes with a set of quick links and a note that its screenshots were captured live from the platform.