Hyperliquid

Trade perpetual futures, spot tokens, and equities on Hyperliquid's high-performance order book.

Overview

Hyperliquid is a decentralized exchange with an on-chain order book. Through Bankr, you can:

• Trade perpetual futures (crypto, stocks, commodities)
• Trade spot tokens
• Manage positions, leverage, and margin
• Set take-profit and stop-loss orders
• Bridge funds to and from Hyperliquid
• View market data and available assets

Perpetual Futures

Opening Positions

Long (Buy)

Profit when price goes up:

"long $100 of BTC on hyperliquid"
"buy $50 of ETH perps with 10x leverage"
"long TSLA with 5x leverage"

Short (Sell)

Profit when price goes down:

"short $50 of ETH on hyperliquid"
"short BTC with 20x leverage"
"sell $25 of SOL perps"

Order Types

Market Orders (default)

Execute immediately at current price:

"long $100 of BTC on hyperliquid"

Limit Orders

Execute when price reaches your target:

"long $100 of BTC at $60000 on hyperliquid"
"short ETH with a limit price of $4000"

Leverage

Specify leverage when opening a position:

"long BTC with 10x leverage"
"short ETH at 20x"

Each asset has its own maximum leverage, and a request above it is refused. Higher leverage = higher risk. Positions can be liquidated if margin is insufficient.

Slippage

Default slippage is applied for market orders. To adjust:

"long $100 of BTC with 1% slippage"

Spot Trading

Buy and sell spot tokens on Hyperliquid's order book:

"buy $50 of HYPE on hyperliquid"
"sell 100 PURR on hyperliquid"
"buy $200 of HYPE at $25"

Spot trading supports both market and limit orders.

Risk Management

TP/SL on New Positions

When opening a position, you can include TP/SL inline with flexible formats:

"long $100 of BTC with take profit at $70000 and stop loss at $55000"
"long ETH with 10x leverage and 200% ROE take profit"
"short SOL with stop loss if price increases by $2000"

Inline TP/SL formats:

• Absolute Price: "take profit at $70000"
• ROE Percentage: "take profit at 200% ROE" / "stop loss at 5% ROE"
• Price Delta: "take profit if price increases by $5000"

TP/SL on Existing Positions

Set or update TP/SL on positions you already have open (uses absolute trigger prices):

"set take profit at $70000 on my BTC position"
"set stop loss at $55000 on my BTC position"
"set TP at $4000 and SL at $3000 on my ETH position"

Partial TP/SL

Close only a percentage of your position when triggered:

"set take profit at $70000 on 50% of my BTC position"

Managing Positions

View Positions

"show my hyperliquid positions"
"what positions do I have on HL?"

Includes positions across core Hyperliquid and HIP-3 builder-deployed dexes, with unrealized PnL.

Close Positions

"close my BTC position on hyperliquid"
"close 50% of my ETH position"
"close all my hyperliquid positions"

Supports full or partial closes via market or limit orders. The confirmation reports realized PnL and ROE computed from the price you actually filled at and the size that actually filled — if the close only filled partially, the reply says so and the numbers cover the filled portion.

Update Leverage

Change leverage on an existing position:

"set my BTC leverage to 20x"
"change ETH leverage to 5x isolated"

Supports cross and isolated margin modes.

Update Margin

Add or remove margin from isolated positions:

"add $500 margin to my BTC position"
"remove $200 margin from my ETH position"

Order Management

View Open Orders

"show my open orders on hyperliquid"

Modify Orders

Change the price or size of an existing limit order:

"change my BTC limit order price to $62000"
"modify my ETH order size to 2"

Cancel Orders

"cancel my BTC order on hyperliquid"
"cancel all my hyperliquid orders"

Account Management

Check Balances

"show my hyperliquid balances"
"how much USDC do I have on hyperliquid?"

From your first Hyperliquid trade, Bankr switches the wallet to a unified account: one USDC balance backs both spot and perps, so there is no separate "perps account value" to keep topped up. The balance readout then shows your total USDC and the amount still available after open-order holds and maintenance margin, followed by your other token balances. A wallet that has bridged in but never traded is still on the older split accounts and reads the way it always did.

Bridging, deposits, and EVM USDC balances are shown alongside it as before.

Transfer Between Accounts

Not needed on a unified account — spot and perps already draw on the same collateral. Asking for an internal transfer:

"transfer $500 from spot to perps on hyperliquid"

answers that the account shares its balance across spot and perps and submits nothing. Wallets still on the older split-account mode keep the old behavior, and the transfer moves USDC between the two accounts.

Bridge Funds

Deposit (EVM to Hyperliquid)

"deposit $500 USDC to hyperliquid"
"bridge $1000 to hyperliquid from arbitrum"
"deposit to hyperliquid from base"

Minimum deposit: 5 USDC. Auto-detects the best source chain based on your USDC balances. Supports bridging from Arbitrum, Base, Polygon, and Ethereum. Funds arrive in your Hyperliquid account within ~1 minute.

You can also skip the deposit step and ask for the trade directly: if your Hyperliquid balance is short, Bankr deposits the difference before placing it, swapping ETH or another stablecoin into USDC first if you don't hold enough USDC.

Withdraw (Hyperliquid to Arbitrum)

"withdraw $500 from hyperliquid"
"bridge $1000 out of hyperliquid"

Withdrawals land on Arbitrum within ~3-4 minutes.

The 1 USDC fee comes out of the amount you request — ask for $500 and $499 arrives. That means you can withdraw your full withdrawable balance: if you have $4.81 withdrawable, request $4.81 and receive $3.81. A withdrawal of $1 or less is refused, since it would deliver nothing.

Arbitrum is always the landing chain. To move the funds onward, send a second request once they've landed:

"withdraw $500 from hyperliquid"

Then, once the $499 has landed on Arbitrum:

"bridge $499 from arbitrum to base"

Market Data

Asset Prices and Stats

"BTC price on hyperliquid"
"show me ETH market data on HL"
"what's the funding rate for SOL?"

Returns price, 24h change, volume, open interest, funding rate, max leverage, and order book depth.

Available Assets

"what can I trade on hyperliquid?"
"show me available perps on hyperliquid"
"search for TSLA on hyperliquid"

Includes HIP-3 builder-deployed dex assets (stocks, RWAs) when searching for equities.

Supported Assets

Category	Examples
Crypto	BTC, ETH, SOL, HYPE, and 100+ more
Stocks	TSLA, AAPL, NVDA (via HIP-3 dexes)
Spot	HYPE, PURR, and other Hyperliquid-native tokens

Costs

• Trading Fees: Hyperliquid's maker/taker fees, plus a Bankr builder fee of 0.1% on perps orders and 1% on spot orders
• Funding: Periodic funding rate for perps (longs pay shorts or vice versa)
• Bridge Deposit: Gas fees on source chain
• Bridge Withdrawal: 1 USDC fee, deducted from the amount you withdraw; lands on Arbitrum

Risks

• Liquidation: Positions can be liquidated if margin is insufficient
• High leverage = high risk: 50x leverage means 2% price move = 100% gain/loss
• Funding rates: Can erode profits on long-held positions
• Bridge delays: Deposits and withdrawals take a few minutes to process