PANews reported on April 29 that Hyperliquid posted on the X platform that the new fee system and pledge levels will be launched at approximately 11:00 Beijing time on May 5. The changes include: staking HYPE can reduce transaction fees; perpetual contracts and spot transactions use different fee rate tables; spot trading volume is doubled when calculating fee levels. The function of linking pledge accounts with trading accounts is now online on the test network. This function allows users to apply the pledge discount of one account to another different trading account. It is expected that this function will be officially launched shortly after the new fee system and pledge levels are launched.