# About Hyperdash Source: https://docs.hyperdash.com/about-hyperdash Hyperdash is a global trading platform and data analytics company. Trade perpetuals, spot, and prediction markets across crypto, equities, commodities, indices, and FX from one account, with professional execution tools and on-chain data on every wallet, position, and liquidation. ## Markets * **Crypto perpetuals.** Majors and long-tail assets, each with its own leverage limit. See [Markets and Asset Pages](/markets-assets). * **RWA perpetuals.** Stocks, pre-IPO companies, indices, commodities, and FX through the xyz (HIP-3) markets, open 24/7 with no market holidays. See [RWA Perps](/rwa-perps). * **Spot.** Real assets that settle to your own wallet. See [Spot Trading](/spot-trading). * **Prediction markets.** Outcome contracts on real-world events, listed by category at [hyperdash.com/predictions](https://hyperdash.com/predictions). * **Block size.** [Perp RFQ](/perp-rfq) sources firm quotes from market makers for large orders (private beta). The full, weekly-updated list is on [Tradeable Markets](/tradeable-markets). ## Execution Every order type has a dedicated reference under [Order Types](/orders/overview): [Market](/orders/market), [Limit](/orders/limit), [Scale](/orders/scale), [Conditional](/orders/conditional), [Take Profit and Stop Loss](/orders/take-profit-stop-loss), [Trailing Stop](/orders/trailing-stop), [Chase](/orders/chase), [TWAP](/orders/twap), [Chase TWAP](/orders/chase-twap), [Swarm](/orders/swarm), [VWAP](/orders/vwap), [POV](/orders/pov), and [Iceberg](/orders/iceberg). [Quick Trade](/quicktrade) places preset sizes in one click from any chart. [Hotkeys](/hotkeys) fire any saved order from a single key or a typed word. [Click Trade](/click-trade) places a saved order at any price you click on the chart. ## Terminal Build your own workspace from [Widgets](/widgets) and save it to your account as a [Layout](/layouts) you can share. Liquidation and stop-loss heatmaps and live trade feeds are covered in [Trading Indicators](/trading-indicators). [Keyboard Shortcuts](/shortcuts) cover the most common actions. ## Data and analytics * [Trader Explore](/wallet-explore): profile, positions, and history for any Hyperliquid wallet. * [Cohorts and Top Traders](/cohorts-top-traders-position-changes): market positioning by PNL and wallet-size cohort, plus top trader positions and live TWAPs. * [Leaderboard](/leaderboard): top traders by PNL across markets and timeframes. * [Portfolio and Analytics](/portfolio-analytics): balances, history, and performance for your own account. * [Alerts](/alerts-inbox) and the [Telegram Flows Channel](/telegram-flows): notifications on the wallets you track and on market-wide liquidations, TWAPs, and funding moves. ## Copy Trading [Copy Trading](/copy-trade) mirrors or counters up to 10 traders automatically, in real time, from a wallet dedicated to that strategy and with the risk settings you choose. ## Security Trading runs through agent keys that cannot withdraw funds. Accounts support two-factor protection by passkey or authenticator app, and withdrawals are signed only by your own wallet. See [API Wallets and Security](/agent-wallets-security). ## Fees and rewards Fee tiers, referral earnings, and cashback are covered on [Fees, Referrals & Rewards](/fees-referrals-rewards). ## Infrastructure Institutions can connect their own Hyperliquid node to Hyperdash infrastructure through [Direct Sentry Peering](/data/direct-sentry-peering). ## Get started Fund your account from any chain, card, or fiat on [Onboarding and Deposits](/onboarding-deposits), then read the [Trading Guide](/trading-guide) for the basics of margin, leverage, and the trading interface. Reach the team any time via [Get Help](/get-help). ## Follow us [x.com/hypurrdash](https://x.com/hypurrdash) # API Wallets and Security Source: https://docs.hyperdash.com/agent-wallets-security How agent wallets, sign-in methods, and two-factor protection work on Hyperdash. Hyperdash executes your trades through an agent api wallet: a separate trading key that your own wallet approves to sign orders on your behalf. This lets you trade without confirming every order in your wallet, while withdrawals and transfers still require a signature from your own wallet. ## How agent wallets work **1. Connect or create a wallet** In the Terminal Wallet setup, connect an existing wallet or create a new non-custodial wallet secured by Turnkey. See [Onboarding and Deposits](/onboarding-deposits). **2. Approve the API key** Hyperdash generates a fresh keypair in your browser, and your wallet signs an approval registering it as your trading agent. The agent key is valid for 180 days and is encrypted in your browser before it is stored. **3. Approve the builder fee** A second signature enables trading on Hyperdash. From then on, every order you place, including automated [order types](/orders/overview), is signed by the agent key. When a connected wallet's agent key expires, the **Trading Wallets** menu marks the wallet **Expired** and offers **Renew**, which approves a new key from that wallet. ## Security FAQ > **What can an agent wallet do, and what can it not do?** > > The agent key signs trading actions only: placing, modifying, and cancelling orders. Withdrawals and asset transfers are signed by your own wallet, never by the agent. > **Who holds my keys?** > > Your wallet's private key never leaves your wallet; you approve the agent and sign withdrawals yourself. Wallets created through Hyperdash are non-custodial and secured by Turnkey. The agent key is generated in your browser and encrypted there before storage, which is what powers features like [Copytrading](/copy-trade). > **How do I refresh or revoke an agent?** > > Once the key has expired, use **Renew** in the **Trading Wallets** menu: a brand-new key replaces the old one. You must have the original wallet connected; the app blocks renewals from a different address. Re-running wallet setup also deregisters previous Hyperdash agents before approving a new one. > **What happens when my agent expires?** > > Agent keys are valid for 180 days. An expired key can no longer sign orders, so renew it from the **Trading Wallets** menu to keep trading. > **What sign-in methods are supported?** > > Google, Apple, email magic link, or wallet sign-in. Wallet sign-in only asks you to sign a message: it is free and sends no transaction. > **How do I set up two-factor protection?** > > In Settings under Security, enable either a passkey (biometrics or a security key) or an authenticator app. Authenticator setup shows a QR code or setup key, verifies a 6-digit code, then issues one-time backup codes you can download. Passkeys must be removed before enabling an authenticator app. > **When am I asked for two-factor verification?** > > After sign-in, with an option to trust the device for 30 days, and again before withdrawing funds. If you lose your 2FA device, a backup recovery code works once each. > [!NOTE] > > Save your backup recovery codes when you enable an authenticator app. If you lose your 2FA device and have no codes, you can permanently lose access to your account. # Alerts and Inbox Source: https://docs.hyperdash.com/alerts-inbox Announcements, system alerts, rewards, direct messages, and tracked wallet activity in one place. The inbox is Hyperdash's notification center. It collects platform announcements, system notices, alerts, reward and milestone updates, and direct messages in one panel, and it updates in real time while you trade. ## Where the inbox lives Click the bell icon at the top right of the header to open the inbox. When you have unread items, the bell shows an orange dot, and an unread count appears inside the panel. Three tabs filter the view: **All**, **Messages**, and **Alerts**. ## What lands in your inbox | Type | What it covers | | - | - | | Announcements | Product and platform news broadcast to all users | | System notifications | Account-level notices sent directly to you | | Alerts | Warnings that may need your attention | | Milestones | Achievement notices | | Rewards credited | Confirmation when rewards land in your account | | VIP invites | Invitations to VIP programs | | Direct messages | One-to-one conversations with other Hyperdash users | Notifications can include a button that jumps straight to the relevant page. ## How it works * The inbox stays live over a real-time connection, so the unread badge updates even while the panel is closed. * Opening the inbox marks announcements and system notices as read. A direct message is marked read when you open its thread. * Direct messages support replies from the thread view. Announcement and system channels are read-only. * The **Contact us** button at the bottom of the inbox opens the feedback form. ## Alerts for tracked wallets Activity from wallets you follow does not go to the inbox. It streams into the live **Tracked** feed in the trading terminal: trades with direction, size, and price, plus account events such as deposits and withdrawals. Filter the feed by group, direction, open or close, and notional size. To start following a wallet, see [Trader Explore](/wallet-explore). > [!NOTE] > > The inbox is only available when you are signed in to Hyperdash. ## FAQ > **Do notifications reach me outside the app?** > > The inbox is the primary channel. Hyperdash announcements can also arrive by email, and you can unsubscribe from those at any time. Hyperdash additionally runs a public Whale Alerts channel on Telegram, linked from the app header. > **How do I get alerted when a trader I follow makes a move?** > > Track the wallet from [Trader Explore](/wallet-explore). Their fills and account events then appear in the Tracked feed in real time. > **Why did my unread badge disappear?** > > Opening the inbox counts as reading announcements and system notices, since their full content is shown in the list. Direct messages keep their unread count until you open the thread. > **Can I reply to a notification?** > > Announcements and system notices are read-only. Direct messages from other Hyperdash users can be answered directly from the thread view. # Click Trade Source: https://docs.hyperdash.com/click-trade Place a saved order at any price by clicking it on the chart. Click Trade places an order at the price you click on the chart. You save the order once as a preset: action, market, side, size and settings. Arm Click Trade, click a price, and the active preset goes out at that price without opening the order form. ## Open the Click Trade menu Click the cursor icon in the status bar at the bottom right of the Trade tab, next to the Hotkeys keyboard icon. The menu has three rows: * **Armed** turns Click Trade on or off. Click Trade starts disarmed. * **Preset** shows the preset a click places. * **Settings** opens the Click Trade window, where you choose the active preset and add, edit and delete presets. ![The Click Trade menu above the cursor icon in the status bar, with the Armed switch off, the active preset Limit \$1k, and Settings.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/menu.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=051d7bf77cfdec245f543e2467e8b562) ## The starter presets The Click Trade window opens with four presets, all on **Auto** side and the market on your chart. The radio button in the **Active** column marks the preset a click places. Pick a row and click **Save** to make it active. ![The Click Trade window with four starter presets: Limit \$1k (active), Limit \$5k, Scale \$5k and Conditional \$1k.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/window.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=7f3b6ef91b0c4e138e44371668d5e818) | Preset | What a click places | | - | - | | Limit \$1k | A \$1,000 [limit order](/orders/limit) at the clicked price | | Limit \$5k | A \$5,000 limit order at the clicked price | | Scale \$5k | A \$5,000 [Scale](/orders/scale) of 5 orders from the clicked price to 0.4% beyond it, size skew 1 | | Conditional \$1k | A \$1,000 [conditional](/orders/conditional) market order that triggers when the price reaches the click, with Stealth on | **Reset to defaults**, at the bottom left of the window, brings back these four and removes the presets you added. ## Add a preset **1. Open Settings** Click the cursor icon in the status bar, then **Settings**. Click **Add preset** at the bottom of the Click Trade window. **2. Pick the action and market** Choose **Limit**, **Scale** or **Conditional** from the **Action** menu. For a conditional, also pick its **Order Type**: Market, Limit, TWAP or Chase TWAP. **Market** is **Active market** by default: the preset trades whatever market is on your chart. Pick a market from the list instead to tie the preset to that market. A click on any other market's chart then places nothing. **3. Set the side** * **Auto**: the click decides. See [How the click sets side and price](#how-the-click-sets-side-and-price). * **Long** or **Short**: the preset only places orders on that side. **4. Set the size and settings** Set the size in **USD**, **Coin** or **%** of your buying power, then the settings for the action: * **Limit**: optional **TP/SL**. * **Scale**: **End Price** as a % beyond the click, **Total Orders**, **Size Skew** and **Reduce Only**. * **Conditional**: **Stealth** for Market and Limit, a limit % past the stop for Limit, **Duration** and randomization for TWAP and Chase TWAP, and **Reduce Only**. ![The Add preset window for a Scale: Active market, side Auto, total size 5,000 USD, end price 1% beyond the click, 5 orders, size skew 1.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/editor.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=8e4d0f2b61d86e545eda93bbdc2cf124) **5. Save** Click **Save** in the editor. Back in the window, select the new preset's radio button and click **Save** again to make it the one a click places. ## How the click sets side and price The price you click becomes: * the limit price of a Limit * the first price of a Scale, which then runs away from the current price to the End Price * the trigger price of a Conditional With **Auto**, the side comes from where you click against the current price: | Action | Click below the price | Click above the price | | - | - | - | | Limit, Scale | Long | Short | | Conditional | Short | Long | A preset set to **Long** or **Short** only places orders where that is the side a click would take, and a click on the other side places nothing. A stealth conditional Market or Limit is the exception: it keeps its side on either side of the price, and the click sets the trigger. ## Arm and click **1. Arm Click Trade** Click the cursor icon and switch **Armed** on. The icon turns orange while Click Trade is armed, and the plus button on the chart's price scale is hidden so a click places an order instead. ![The Click Trade menu with Armed switched on, the active preset Limit \$1k, and the cursor icon in orange.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/menu-armed.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=c0d1315dee9efa9515a80813783aeebe) **2. Hover to preview** Move the pointer over the chart. A line follows it with a label showing the side, order type, size and price a click would place. ![A green preview line under the current price on a BTC chart, labeled LONG LIMIT \$1k @ 80,624.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/ghost.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=e1617222cae8682c02b1608a3ff9b7ab) **3. Click to place** Click the chart. The order goes out right away, with no confirmation step. The line stays on the chart as pending until the order's own line appears, and the usual order toast confirms it. ![The placed limit order drawn on the BTC chart at 80,624.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/placed.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=ce114d9eae0788ed081a45f17b5269c0) ![A green toast reading Order placed successfully.](https://mintcdn.com/hd-ebefeca3/dEqqNH76-WcncnlN/images/click-trade/toast.png?fit=max\&auto=format\&n=dEqqNH76-WcncnlN\&q=85\&s=f68ef7bb6c5fed93ddb1c8ab2b98d57a) If the click cannot place an order, a toast says why, for example a preset tied to another market or a Long preset clicked above the price. ## Clicks while disarmed While Click Trade is disarmed, clicking the chart places nothing. If your cursor is in a price field of the order form, the click fills that field with the clicked price instead. ## Rules * **Disarmed on every load.** Click Trade starts disarmed each time the page loads, and disarms when you leave the Trade tab. * **One order at a time.** A click while the previous order is still being sent places nothing. * **Regular or log price scale.** Click Trade does not place orders on a percentage or indexed price scale. * **Saved in this browser.** Presets are stored in the browser you set them up in. Set them up again on another computer or browser. > [!NOTE] > > An armed click sends its order the moment you click, with no confirmation and no undo. Start with small sizes, check the preview label before you click, and disarm when you are done. # Cohorts, Top Traders and Position Changes Source: https://docs.hyperdash.com/cohorts-top-traders-position-changes Market intelligence tabs in the terminal: cohort positioning, top trader positions, position changes, and live TWAPs. For every perpetual market, the trading terminal includes market intelligence tabs built from live trader data: **Top Traders**, **Cohorts**, **Position Changes**, and **Current TWAPs**. Use them to see who is positioned where, and who is moving the market right now. ### Cohorts For the selected market, each trader group shows three breakdowns: long versus short notional, the number of traders long versus short, and how many are in profit versus at a loss on unrealized PnL. A global row aggregates every trader in the market, then two cohort families segment it: PNL cohorts (Extremely Profitable down to Rekt, by all-time PnL) and size cohorts (Kraken down to Shrimp, by wallet size). The exact range for each cohort is shown next to its name in the app. Click any cohort to open its detail page: total value, PnL, wallet count, positioning across all major markets, a historical positioning chart, and the list of wallets in the cohort, each of which you can [track](/wallet-explore). [YouTube video player](https://www.youtube.com/embed/D8vkfFYPmWw) > [!NOTE] > > Cohort participation is only tracked on perpetual markets. Spot markets show a Holders view instead of Top Traders and no cohort data. ### Top Traders The largest positions on the pair, with each trader's entry price, liquidation price, notional size, unrealized PnL, funding paid, account value, and copy score. Filter to longs only, shorts only, or all, and track any trader straight from the table. [YouTube video player](https://www.youtube.com/embed/6Sx629kRXTw) ### Position Changes How trader positions changed over a selected window: 15 minutes, 1 hour, 4 hours, 24 hours, 3 days, or 7 days (default 15 minutes). Each row shows the previous position, the change, and the current position, filterable to longs or shorts. This is the fastest way to see which traders are behind a large recent move. [YouTube video player](https://www.youtube.com/embed/f2sQmbGH0GQ) ### Current TWAPs Traders with active TWAP orders on the pair you are viewing: side, total size, executed size, remaining size, value, progress, time, and status. For the order type itself, see [TWAP](/orders/twap). [YouTube video player](https://www.youtube.com/embed/NjnxKEeBkUg) # Copy Trading Source: https://docs.hyperdash.com/copy-trade Discover profitable traders on Hyperdash and automatically copy or counter their trades. Copy trading on Hyperdash lets you follow profitable traders and never miss a move: every trade is copied automatically, in real time. You pick who to follow and how much risk to take, and the platform executes for you. It mirrors (Copytrade) or takes the opposite side of (Countertrade) the perp positions of up to 10 target traders, from a wallet dedicated to that strategy. [YouTube video player](https://www.youtube.com/embed/mcYtsWFWEXk) ## How it works **1. Discover traders** The Copytraders section of [Explore](/wallet-explore) ranks the Top 100 copyable traders, plus curated tabs like Equities Focused and top BTC, HYPE, and CL traders. Sort by copy score, ROI, equity, or recent activity; each card shows ROI, equity, volume, and last trade time. **2. Copy or counter** From a trader card or profile, choose **Copytrade** to mirror their positions or **Countertrade** to take the opposite side. You can also paste any wallet address directly, and follow up to 10 traders from a single wallet. **3. Configure risk** Set your allocation, leverage cap, entry rules, and asset filters. The full list is in [Settings](#settings) below. For a single trader, a chart projects their 30 day PNL onto a \$1,000 allocation, inverted for countertrading. **4. Fund a wallet** **Create New**: Hyperdash creates a dedicated wallet and funds it with USDC from your primary wallet. **Use Existing**: connect your own wallet holding at least \$100 USDC, create an API key (valid 180 days), approve the 0.05% builder fee, and enable unified account mode. Funds stay in your own wallet. **5. Start and track** Press **Start**. The Copytrade tab lists your wallets under Running, Stopped, and Archived, with equity, PNL, positions, and per-wallet logs showing every action taken (and trades skipped, with reasons). Open **Copytrade Settings** any time to edit the wallet, **Stop** it, or **Start** it again, and you can share a PNL card. ## What gets copied Copy trading places real orders from your Copytrade wallet; it is not an alert feed. When a target trader opens or closes a perp position, your wallet mirrors it (or counters it), sized to your allocation and subject to your risk settings: a max position leverage cap, an optional new-positions-only mode, a max worse entry limit, and asset whitelists or blacklists. Spot and staked HYPE can optionally count toward copy sizing. If you want to watch top-trader positioning without trading it, use [Top Traders and Position Changes](/cohorts-top-traders-position-changes) instead. ## Settings | Parameter | Description and options | Default | | - | - | - | | Trading mode | Copytrade mirrors positions, Countertrade takes the opposite side | Copytrade | | Target traders | Up to 10 addresses per wallet, equal or custom weights | Equal weights | | Max position leverage | Caps copied positions even when the target uses more, 1x to 40x | 20x | | Only copy newly opened positions | Skips positions already open when Copytrade starts; changeable only while stopped | Off | | Max worse entry | How much worse your entry can be vs the trader, 0% to 50% | 10% | | Include spot and staked assets | Includes spot and staked HYPE in copy sizing | Off | | Asset filters | Whitelist or blacklist specific assets (Assets tab in settings) | All assets | ## Stopping, archiving, deleting * **Stop** always closes the wallet's open positions, so nothing is left unmanaged. A stopped wallet can be started again later with **Start**. * **Archive** closes positions, returns a Hyperdash-created wallet's balance to your primary wallet, and moves it to Archived. Cannot be undone. For connected wallets, you choose whether positions close automatically or stay open in your custody. * **Delete** permanently removes a Copytrade wallet from your list. > [!NOTE] > > Copying a trader tagged as algorithmic triggers an in-app warning: copytrading may not replicate their results due to execution speed differences. ## FAQ > **How much does copy trading cost?** > > Trading through Hyperdash uses a 0.05% builder fee, which connected wallets approve during setup. Volume generated by copy trading is not eligible for fee rebates. Standard exchange trading fees apply. > **Who holds my funds?** > > A created wallet is managed under your Hyperdash account, and archiving returns its balance to your primary wallet. A connected wallet stays in your custody: Hyperdash trades it through an API key that expires after 180 days and can be regenerated from the Copytrade tab. > **Can I change traders after starting?** > > Yes, from the Allocation tab in Copytrade Settings. Removing a trader closes its copied positions on the next sync. # Direct Sentry Peering Source: https://docs.hyperdash.com/data/direct-sentry-peering A private, whitelisted peer connection between your Hyperliquid node and Hyperdash sentry infrastructure. [Contact](https://t.me/hyperhans) Teams running their own Hyperliquid nodes depend on peers for market data. Public gossip peers are capacity-constrained, disconnect without notice, and degrade under load, particularly around network upgrades. > [!NOTE] > > **Direct Sentry Peering is a private, whitelisted connection between your node and Hyperdash sentry infrastructure, which peers directly with a Hyperliquid Foundation node.** No middle layers between the Foundation peer and your node. ## Who it is for Teams that already run, or are ready to run, their own non-validating Hyperliquid node and want a stable path to the network: * Market makers and latency-sensitive trading firms * Quant and research funds * Data and analytics providers * Infrastructure teams building on Hyperliquid ## Peering or a hosted feed Sentry peering removes the distribution layer entirely. Any hosted feed has to receive, process and rebroadcast data before it reaches you. With direct peering, your node receives blocks over Hyperliquid's native gossip protocol and you decode locally. Peering suits teams already running their own node. If you would rather not operate one, talk to us about API access instead. ## What you get * **Blocks and state updates** over Hyperliquid's native gossip protocol * **Mempool transactions.** Our infrastructure runs `split_client_blocks` end to end, so `mempool_txs` populate on your node * **Three whitelisted IPs** included, reserved for your nodes rather than shared capacity * **Further IPs** on request, so you can move from staging to production without re-onboarding We are never in your execution path. Order submission goes directly to Hyperliquid's API. ## Regions | Region | Location | Status | | - | - | - | | Japan | Tokyo | Active | | Europe | Germany | Active | Place your node in the same region as the sentry you peer with. Fewer hops mean lower tail latency to fills, blocks and state updates. Actual improvement depends on your own infrastructure, region and processing pipeline, and gossip-layer latency is set by the network. ## Before you start You will need a non-validating Hyperliquid node that you operate, on a machine with a static public IP. Hardware, operating system and port requirements are set by Hyperliquid, not by us: see the [Hyperliquid node repository](https://github.com/hyperliquid-dex/node) for current specifications. Size disk and bandwidth for mempool capture before you enable it. `mempool_txs` is written continuously and is significantly larger than block data alone. ## Setup **1. Whitelist** Send us the static IP of your node. We whitelist it to our sentry node and return the sentry IP for your region. **2. Configure** Set our sentry IP as the root entry in your override gossip config, at `~/override_gossip_config.json`: ```json theme={null} { "root_node_ips": [{ "Ip": "" }], "try_new_peers": false, "chain": "Mainnet" } ``` Setting `try_new_peers` to `false` keeps your node on the reserved peer instead of drifting back onto public ones. **3. Activate** Restart your node and confirm blocks are applying. You are live on a fast, stable, always-on connection. ## Uptime and support * Production infrastructure maintained to Hyperliquid Foundation standards * 24/7 monitoring and alerting * Direct channel to our infrastructure team ## Trial period * A **complimentary trial period** to benchmark against your existing setup from your own machines ## Pricing Pricing is available on request from our team. Message us on [Telegram](https://t.me/hyperhans) to start your free trial. * Discounts for staking HYPE to our validator ## FAQ > **How does this differ from consuming a websocket feed or API?** > > Sentry peering removes the distribution layer entirely. Any hosted feed must receive, process and rebroadcast data before it reaches you. With direct peering, your node receives blocks over Hyperliquid's native gossip protocol and you decode locally. > **What latency improvement should we expect?** > > Results depend on each firm's infrastructure, region and processing pipeline, and gossip-layer latency is set by the network. The trial period exists so you can measure it from your own machines rather than take a number on trust. > **Where does the sentry get its data?** > > The sentry peers directly with a Hyperliquid Foundation node. It originally peered with our validator infrastructure, which was the lowest-latency path at the time. Since Hyperliquid changed its gossip architecture, direct peering with the Foundation node is the fastest path. That Foundation peer is dedicated to our sentry. > **How does the sentry compare to public peers?** > > Public gossip peers are capacity-constrained and disconnect without notice, particularly around network upgrades. Your peer here is reserved for your node. > **Is mempool data included?** > > Yes. Our infrastructure runs `split_client_blocks` end to end, so `mempool_txs` populate on your node. > **Are you in our execution path, and is our activity private?** > > No. Order submission goes directly to Hyperliquid's API. We are never in the execution path. > **What is the uptime commitment?** > > The sentry runs on production infrastructure maintained to Hyperliquid Foundation standards, with 24/7 monitoring and alerting. > **Can we change or add whitelisted IPs?** > > Yes. Three are included, and they can be swapped as you move from staging to production. Further IPs can be added on request. ## Access To get access, email [sales@hyperdash.com](mailto:sales@hyperdash.com) or reach us on [Telegram](https://t.me/hyperhans). ## About Hyperdash [Hyperdash](https://hyperdash.com) is a global trading platform and data analytics company. Direct Sentry Peering runs on our production infrastructure. # Fees, Referrals & Rewards Source: https://docs.hyperdash.com/fees-referrals-rewards Trading fees on Hyperdash, plus how cashback tiers, referral levels, and reward claims work. Hyperdash charges a small builder fee on top of the exchange's base trading fees, and gives a share of that fee back through cashback and referral rewards. Everything below is managed from the rewards section of your [profile page](https://hyperdash.com/profile). ## Trading fees Trades on Hyperdash incur a builder fee of 1.5 basis points (0.015%) on perps and 3 basis points (0.03%) on spot and prediction markets, added to the base [Hyperliquid fee schedule](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees). Base rates vary with your own volume tier on the exchange; the trade panel always shows your effective taker and maker rates before you trade. Traders who sign up with a referral code pay 10% less in builder fees. When a promotional fee discount also applies, the lower fee is charged; discounts do not stack. ## Two ladders Rewards run on two separate ladders: * **Cashback tier**: set by your own 30-day trading volume. It determines the cashback you earn on your own fees, and it can move down if your volume drops. * **Referral level**: set by the 30-day trading volume of the traders you referred. It determines your rev share on their fees, and it never moves down once reached. ### Cashback tiers | Tier | Min 30d volume | Cashback | | - | - | - | | Wood | \$0 | 5% | | Bronze | \$100K | 10% | | Silver | \$2.5M | 12.5% | | Gold | \$10M | 15% | | Platinum | \$100M | 17.5% | | Diamond | \$250M | 20% | | Obsidian | \$500M | 22.5% | | VIP | By arrangement | 25% | ### Referral levels | Level | Min 30d referred volume | Rev share | | - | - | - | | Level 1 | \$0 | 20% | | Level 2 | \$2.5M | 25% | | Level 3 | \$25M | 30% | | Level 4 | \$100M | 35% | ## Referrals You earn your referral level's rev share on the trading fees of traders you refer directly. Rewards are paid on direct referrals only; there are no second- or third-level referral payouts. Set your username, which becomes your referral code, and assign your own referrer from the profile page; you cannot use your own referral code. The profile page is also where you set a custom profile picture. ## Rewards and claims The rewards view tracks each referral's volume, the fees they generated, and your share. Claimable rewards accrue there and can be claimed once they reach \$10. Claims are paid out every Friday. > [!NOTE] > > Running an audience of active traders? The Hyperdash Affiliate Program publishes the same 20% to 35% rev share ladder, with custom VIP terms available for approved partners. Apply at [hyperdash.com/affiliates](https://hyperdash.com/affiliates). # Get Help Source: https://docs.hyperdash.com/get-help For support, please use one of the following channels to reach out to us * Email: [support@hyperdash.com](mailto:support@hyperdash.com) # Hotkeys Source: https://docs.hyperdash.com/hotkeys Bind an order to a key or a typed word and fire it from the Trade tab without opening the order form. Hotkeys turn an order you place often into a single key press. Each hotkey pairs a key, a key combination or a short typed word with a complete order: action, market, side, size and settings. Arm hotkeys, press the key, and the order goes out at the current price without opening the order form. ## Open the Hotkeys menu Click the keyboard icon in the status bar at the bottom right of the Trade tab. The menu has three controls: * **Armed** turns every hotkey on or off. Hotkeys start disarmed. * **Show typed word** shows the letters of a word hotkey beside the icon as you type it. On by default. * **Settings** opens the Hotkeys window, where you add, edit and delete hotkeys. ![The Hotkeys menu above the keyboard icon in the status bar, with the Armed switch off, Show typed word on, and Settings.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/menu.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=2614472d6d0be8431ce78f32c189c0b6) ## The starter set The Hotkeys window opens with eight hotkeys already set up. Each row shows the key, the side, the action, the size and the order details. ![The Hotkeys window listing the starter set: B, S, M, N, C, X, FLAT and R.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/window.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=46b9a0963bf143d6bdb0001077903308) | Key | Action | What it does | | - | - | - | | B | Long [Scale](/orders/scale) \$5,000 | 5 buy orders from 0.1% to 1% below mid, size skew 1.5 | | S | Short Scale \$5,000 | 5 sell orders from 0.1% to 1% above mid, size skew 1.5 | | M | Long [Market](/orders/market) \$1,000 | Buys \$1,000 at market | | N | Short Market \$1,000 | Sells \$1,000 at market | | C | Long [Chase](/orders/chase) \$2,500 | Buys \$2,500 with a chase order | | X | Cancel all | Cancels every open order on the market on your chart, algos included | | flat | Close position | Closes your whole position on the market on your chart | | R | Reverse position | Flips your position on the market on your chart to the same size on the other side | Edit or delete any of them. **Reset to defaults**, at the bottom left of the window, brings back this set and removes the hotkeys you added. ## Add a hotkey **1. Open Settings** Click the keyboard icon in the status bar, then **Settings**. Click **Add hotkey** at the bottom right of the Hotkeys window. **2. Set the key** The **Key** field starts listening, shown in orange. Press a single key, hold a combination such as Shift + B, or type a word of 2 to 8 letters and digits. Press Enter or click **Set** to keep it. ![The Add hotkey window with the Key field listening and the word LIMIT typed in orange.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/editor-key.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=e6e6424ab0dcc28b0497abf8c11fa727) If the key is taken, a red message says why and **Save** stays off. See [Key rules](#key-rules). **3. Pick the action and market** Choose the action from the **Action** menu: an order type or a position action. See [What you can bind](#what-you-can-bind). **Market** is **Active market** by default: the hotkey trades whatever market is on your chart when you press it. Pick a market from the list instead to make the hotkey always trade that market. **4. Set the side, size and settings** Pick **Long** or **Short**, then the size in one of three units: * **USD**: the order's notional value. * **Coin**: an amount of the asset. * **%**: a share of your buying power on that market (available margin times leverage). With **Reduce Only** on, it is a share of your open position. Prices are set as a distance from mid, so the hotkey works at any price. A Long limit at 0.1% below mid rests 0.1% under the mid price at the moment you press the key. ![A finished hotkey: key LIMIT, action Limit, Active market, Long, limit price 0.1% below mid, size 1,000 USD.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/editor.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=1737804a400f4f0893140f613dc185f0) **5. Save** Click **Save**. The hotkey appears in the list. Hover a row to show its pencil icon, which edits the hotkey, and its trash icon, which deletes it. To change only the key, click the key on the row and press the new one. ## Arm and fire **1. Arm hotkeys** Click the keyboard icon and switch **Armed** on. The icon turns orange while hotkeys are armed. ![The Hotkeys menu with Armed switched on and the keyboard icon in orange.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/menu-armed.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=3a68bfd14e3b8b8df582eb1cdf220c83) **2. Press the key or type the word** Single keys and combinations fire on the press. For a word, type its letters with less than a second between each one. With **Show typed word** on, the letters appear beside the icon as you type. ![The status bar with the keyboard icon in orange and the letters FL shown beside it while typing the word flat.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/typed-word.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=bb208c2c75bc376cbe8ae59ecf47f276) **3. Check the confirmation** The order goes out right away, with no confirmation step, and the usual order toast confirms it. If the hotkey cannot fire, a toast names the key and the reason, for example an order below the \$10 minimum or no position to close. ![A green toast reading Order placed successfully.](https://mintcdn.com/hd-ebefeca3/c5CRd150qyLmV12L/images/hotkeys/toast.png?fit=max\&auto=format\&n=c5CRd150qyLmV12L\&q=85\&s=be043e90b15b0a94a13cf998dd6b61c7) ## What you can bind | Action | Settings | | - | - | | [Market](/orders/market) | Reduce Only, TP/SL, Custom Max Slippage (8% when on) | | [Limit](/orders/limit) | Limit Price as a % from mid (default 0.1%), Reduce Only, TP/SL | | [Scale](/orders/scale) | Start and End Price as a % from mid (0.1% and 1%), Total Orders (2 to 100, default 5), Size Skew (default 1), Reduce Only | | [Chase](/orders/chase) | Chase To, a % from mid where chasing stops (off by default), Reduce Only | | [TWAP](/orders/twap) | Duration (5 minutes to 24 hours, default 30 minutes), Stealth (on), Randomize Time, Randomize Size, Reduce Only | | [Chase TWAP](/orders/chase-twap) | Duration, Reduce Only | | [Swarm](/orders/swarm) | Total Clips (2 to 200, default 10), Aggression (1 to 5, default 3), Irregular Clips, Reduce Only, Custom Max Slippage | | [Conditional](/orders/conditional) | Order Type: Market, Limit, TWAP or Chase TWAP. Stop Price as a % from mid (default 1%) and Reduce Only. Market and Limit add Trigger side and Stealth (on), Limit adds Limit Price, TWAP adds Duration, Randomize Time and Randomize Size, and Chase TWAP adds Duration | | Cancel all | Cancels every open order and running algo on the market | | Close position | Closes the position on the market, or every open position with **All positions** in the Market menu | | Reverse position | Closes the position and opens the same size on the other side | TP/SL is available on Market and Limit hotkeys. A percent take profit or stop loss needs the hotkey's market on your chart, because its price depends on that market's leverage; use a \$ amount to fire it from any chart. A Conditional with Order Type Market or Limit and Stealth on can trigger on either side of the price. Every other Conditional triggers above the price for a long and below it for a short. ## Key rules * **Disarmed on every load.** Hotkeys start disarmed each time the page loads, and disarm when you leave the Trade tab. * **Never while typing.** Keys typed into a search box, an order field or any other input never fire a hotkey. Hotkeys also wait while a dialog or menu is open. * **Once per press.** Holding a key down fires once. Release it to fire again. * **App shortcuts are protected.** You cannot bind keys the app already uses: A, T, the digits 1 to 9, the G and O shortcut sequences, Escape, Tab, Enter, Space, the arrow keys and browser shortcuts. See [Shortcuts](/shortcuts). While armed, a hotkey on B takes the key from the layout tabs shortcut. * **Words cannot clash with keys.** A word cannot start with a letter that is already a single-key hotkey, and one word cannot start another. With the starter set, "bid" is refused because B is taken. * **Saved in this browser.** Hotkeys are stored in the browser you set them up in. Set them up again on another computer or browser. > [!NOTE] > > An armed hotkey sends its order the moment you press it, with no confirmation and no undo. Start with small sizes, check which market is on your chart before using Active market hotkeys, and disarm when you step away. # Layouts Source: https://docs.hyperdash.com/layouts Build your own trading terminal from widgets, save it to your account, and share it with anyone. The Hyperdash terminal is a grid you arrange yourself. Your **workspace** is everything you have set up, and **layouts** are the tabs inside it, so you can keep a chart-heavy layout for scalping, a flow layout for watching cohorts, and a portfolio layout for reviewing positions, then switch between them in one click. Everything saves to your account automatically. Sign in on another machine and your workspace comes with you. ## Layout tabs Each layout is a tab across the top of the terminal. From **Layout options** on a tab you can: * **Rename** it * **Duplicate** it, to branch a variant without losing the original * **Reset** it back to its starting arrangement * **Share** it, covered below * **Close** it **New layout** adds another tab. You can start from a blank grid or pick an existing layout as the starting point. ## Building a layout Open the **Add Widget** drawer to see everything available, grouped into Charts, Feed, Portfolio, Alpha, and Tools, with a search box and a Suggested shortlist. Drag a widget onto the grid to place it. Once widgets are on the grid: * Drag a widget by its header to move it, and drop it onto another widget to stack the two as tabs in one pane * Drag a pane edge to resize * **Maximize** fills the screen with one widget, and **Restore** puts it back * **Float** pops a widget out of the grid * Drag a widget out and release to remove it * **Snapshot** copies or downloads an image of a single widget or the whole layout Most widgets can be added more than once, which is the point of link groups: two price charts on different assets, side by side. A few are single-instance, including Positions, Balances, Open Orders, Fills, Transfers, History, Watchlist, and Copytrade, since a second copy would show identical data. ## Saving Saving is automatic. There is no save button, and the drawer says as much: changes are saved as you make them. > [!NOTE] > > Your workspace is one record per account. If you have the terminal open in two tabs or on two machines and both save at once, the later save can be refused to avoid overwriting the other. Reload the tab you want to keep working in and continue from there. ## Sharing a layout **Share** publishes a layout and gives it a link at `hyperdash.com/layout/`. Anyone who opens it sees your arrangement and can add it to their own workspace. Publishing shares the structure of the layout, which widgets you used and how they are arranged, not your positions, balances, or account data. You can unpublish at any time, which stops the link from resolving for anyone who has not already imported it. ## Using someone else's layout Open a shared layout link and Hyperdash offers to import it as a new tab in your workspace. Imported layouts are yours to edit: changing one does not affect the original, and the person who shared it cannot change yours afterwards. The layout drawer separates **My layouts**, **Imported**, and **Featured**, so a layout someone sent you never gets confused with one you built. ## Next See [Widgets](/widgets) for what each widget does, and for widget linking, which is how you point several widgets at the same asset or at a whole watchlist. # Leaderboard Source: https://docs.hyperdash.com/leaderboard Traders ranked by net realized PnL across every market and timeframe, with filters, search, and one-click paths to tracking and copy trading. The Leaderboard ranks traders by net realized PnL so you can find who is actually performing, in which markets, and over which horizon. The top three take the podium with gold, silver, and bronze badges, and your own row is pinned with a **You** badge so you always know where you stand. ## Rankings and timeframes * **Market tabs**: Overall, Equities, Commodities, Majors (BTC, ETH, HYPE, SOL perps), and Alts, plus an asset filter to narrow any tab to a single market. * **Timeframes**: 24H, 7D, 30D, YTD, and All Time. * **PnL display**: toggle Net PNL between dollars and percent. Percent mode shows net PnL relative to the trader's account value. ## Reading the table | Column | Meaning | | - | - | | Rank | Position in the current market tab and timeframe | | Trader | Name or address, with quick actions on hover | | Account Value | Current total equity | | Net PNL | Net realized PnL for the selected timeframe, in \$ or % | | Volume | Traded volume | | Win Rate | Share of winning trades | | Trades | Trade count | | Top Assets | Most traded assets by all-time volume | Numeric columns are sortable. ## Filters and search Filter rows by Account Value range, Win Rate range, or trading style tag (Algo, Scalp, Intraday, Swing). Search finds traders by name, and pasting any 0x address looks that trader up even if they sit outside the loaded rankings. ## What you can do from here **1. Open a trader profile** Click any row to preview the trader's full profile: performance stats, PnL chart and calendar, positions, and trade history, the same view described in [Portfolio and Analytics](/portfolio-analytics). **2. Track, copy, or snoop** Hover a trader for quick actions: **Track** adds the wallet to your tracked wallets, **Copy** copies the address, and **Snoop** follows their activity live on your terminal. **3. Start copy trading** From a trader's profile, the Copy Score section includes a copytrade button that opens the setup flow directly. See [Copy Trading](/copy-trade). > [!NOTE] > > Ranks are calculated from net realized performance, so unrealized PnL on open positions does not move a trader up or down the board. # Markets and Asset Pages Source: https://docs.hyperdash.com/markets-assets What Hyperdash lists, how markets are organized, and what you'll find on every asset page. Hyperdash lists crypto perpetuals and spot markets alongside TradFi markets: equities (including pre-IPO and private names), indices and ETFs, commodities, and FX. TradFi assets trade as perpetuals under **xyz markets**, so they run 24/7 with no exchange holidays, weekend gaps, or overnight closes. Every listing gets a public asset page with live data, charts, and trader analytics. ## What Hyperdash lists | Market type | What's included | | - | - | | Crypto perps | Crypto perpetual markets, from majors to long-tail listings | | xyz markets (perps) | Equities and pre-IPO names, indices and ETFs, commodities, and FX pairs | | Spot | Spot tokens | Maximum leverage is set per market: each market's ceiling shows next to it in search results, on the asset page trade button, and in the trade panel. Perps and spot are listed separately on purpose: the same ticker can exist in both with different identities, so always check the market type before trading. ## The Markets hub The Markets page at `hyperdash.com/markets` is the browsing home: your watchlist, TradFi and crypto 24h heatmaps, the hot asset of the week, trending assets, cohort bias, and live trade flow rails showing where top traders are long, which assets are generating the most profits, and which carry the largest open positions. Curated baskets (Magnificent Seven, global indices, commodities, FX majors, AI infrastructure, Korea market pulse) sit alongside theme categories spanning AI, semiconductors, DeFi, memes, RWA, pre-IPO and private, and more. Each category has its own page at `hyperdash.com/markets/` with a grid or table view, sortable by price, 24h change, volume, open interest, and market cap. ## Asset pages Every market has a page at `hyperdash.com/asset/` showing: * **Chart**: line or candle, on timeframes from 1 day to 1 year plus year to date. * **At a glance**: price, 24h change, 24h volume, open interest, estimated market cap, funding rate, and active traders. * **Trade panel**: a perps or spot order form, so you can trade directly from the page. The trade button shows the market's max leverage. * **Cohort bias**: how profitable and unprofitable [trader cohorts](/cohorts-top-traders-position-changes) are positioned in the market. * **Key trades**: the market's biggest PNLs and biggest open positions, split into winners and losers. * **Overview**: fundamentals tailored to the asset class: supply, FDV, and all-time high for crypto; sector, exchange, P/E ratio, and upcoming earnings with add-to-calendar for equities; contract details for commodities; policy rates for FX; constituents for indices. * **FAQ and related markets** to keep exploring. ## Finding markets **1. Search from anywhere** Press **Cmd+K** (Ctrl+K on Windows) or click the header search. Search by ticker, name, or tag ("gold", "semiconductor"), and filter perps by leverage with queries like `>30x` or `<10x`. The same box looks up wallet addresses and slash commands. **2. Filter by category** Inside search, category chips narrow results to New, Pre-IPO, Equities, Indices/ETFs, Commodities, FX, Perps, Spot, OTC, or Watchlist. For a richer browse, use the Markets hub. **3. Build a watchlist** Star any asset from its page or from search results. Your watchlist appears on the Markets page, as a search filter, and as a widget in your trading layout. > [!NOTE] > > The live app is always the source of truth for what's listed: new markets appear in the **Recently listed** section of the Markets hub as they launch. # Onboarding, Deposits & Wallets Source: https://docs.hyperdash.com/onboarding-deposits How to sign in, fund your account, and manage wallets on Hyperdash. ## Signing in You can sign in with: * Google * Apple * Email * Any EVM compatible wallet If you sign in with Google, Apple, or email, Hyperdash generates a non-custodial wallet for you, secured by Turnkey, and you deposit into that wallet to trade. Two factor authentication is available on your account once you are signed in. ## Deposits The deposit modal groups everything under three tabs: **All**, **Crypto**, and **Cash**. Pick a currency and a method, and Hyperdash shows the settlement time and any minimum before you confirm. ### Crypto * **Crypto**: send from any wallet or exchange. Supported networks are Ethereum, Arbitrum, Base, Optimism, Polygon, BSC, Solana, Bitcoin, Tron, HyperEVM, and Hyperliquid. * Choose **Deposit Only** to keep the asset you sent, or **Swap to USDC** to have it converted on arrival. * **Exchanges**: deposit straight from a connected exchange account. Binance, Coinbase, Bybit, KuCoin, Gate, Bitfinex, and BtcTurk are supported. ### Sending to the right network Deposit addresses are network specific. The address shown in the deposit modal only accepts the asset and network displayed above it. > [!WARNING] > > Assets sent on the wrong network, to an address copied from a different chain, or in a token that is not supported are permanently lost. Hyperdash cannot reverse, recover, or refund them. Deposits are on-chain transfers into your own non-custodial wallet, so once a transaction is broadcast no one can undo it. You are responsible for confirming the network, address, and asset before you send. Before you send: * Confirm the network matches. Addresses on Ethereum, Arbitrum, Base, Optimism, Polygon, BSC, and HyperEVM look identical but are not interchangeable. * Send only the asset shown for that address. * Meet the minimum deposit shown in the modal. Smaller amounts may not credit. * Send a small test amount first if it is your first deposit from a new wallet or exchange. ### Cash | Method | How it works | Currencies | | - | - | - | | Bank Transfer | A virtual account in your own name, so you can wire in from your bank. Availability depends on your country. | All supported currencies | | Card | Visa and Mastercard, including Apple Pay and Google Pay. Hyperdash compares live quotes across payment providers so you can pick the best rate. | All supported currencies | | Revolut Pay | Pay directly from your Revolut balance. | EUR, GBP, PLN, RON, CZK, HUF, CHF | | Apple Pay and Google Pay | Available on their own and as a card option. | All supported currencies | | PayPal | Pay from your PayPal balance or a linked account. | EUR | | CashApp | Pay from your CashApp balance. | USD | | PIX | Brazil's instant payment rail. | BRL | | SPEI | Mexico's interbank transfer rail. | MXN | | BLIK | Poland's mobile payment rail. | PLN | | UPI | India's instant payment rail. | INR | | Interac | Canadian bank transfer over Interac. | CAD | ### Supported currencies Hyperdash accepts deposits in 34 fiat currencies: AUD, BGN, BRL, CAD, CHF, CLP, COP, CZK, DKK, EUR, GBP, HKD, HUF, IDR, ILS, INR, JPY, KRW, MXN, MYR, NOK, NZD, PEN, PHP, PLN, RON, SEK, SGD, THB, TRY, USD, VND, ZAR, ZMW Not every method supports every currency. The deposit modal only shows the methods available for the currency you pick, and hides anything unavailable in your country. > [!NOTE] > > Deposits are restricted in sanctioned jurisdictions, and bank transfer coverage is narrower than the other methods. If a method does not appear for you, it is not available for your country or your selected currency. Once a deposit settles you can see the balance in your account and use every Hyperdash feature. ## Importing a Wallet Existing hyperliquid accounts can be imported and traded on via their API key in just a few clicks: * Connect Wallet: Connect a wallet with an associated Hyperliquid account. * Approve API Key: Generate a Hyperliquid API key for trading. * Approve Builder Fee: Enable trading on Hyperdash. [YouTube video player](https://www.youtube.com/embed/B-xYeIaoD0s) ## Multi-Wallets Create new non-custodial wallets secured by Turnkey. You can easily transfer funds between wallets from your balance section. # Chase Orders Source: https://docs.hyperdash.com/orders/chase A limit order that follows the best bid or ask continuously, repricing until it fills or reaches your limit. Chase places a post-only limit order at the best passive price available and keeps it there, repricing as the market moves. It does not simply join the best bid or ask: it rests one tick inside the opposite side of the book, ahead of everything already queued at the touch. The objective is passive execution with queue priority: fill quickly without crossing the spread. Chase works on both perps and spot markets, and is also an exit type for [Take Profit and Stop Loss](/orders/take-profit-stop-loss). > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-chase). ![Animated candle chart: a chase order rests just behind price, reprices each time price moves away, and fills as maker when price comes back to it.](https://mintcdn.com/hd-ebefeca3/HNc787KBrUdOpLgX/images/orders/chase.gif?s=2ae83a4a290b2456b09c68fcf5ecbbce) ## How it places orders * Submits a single post-only limit order one tick below the best ask (buys) or one tick above the best bid (sells), so it sits ahead of every order queued at the touch. When the spread is a single tick, that price is the best bid or ask itself. The order rests passively and never crosses the spread. * Orders are refreshed every 500ms: whenever the top of book moves, the resting order is repriced to the new best price. * Partial fills are tracked, and the remaining size keeps chasing until the order is fully filled or canceled. * If a **Chase To** price is set, the order reprices only as far as that limit and then rests there instead of leaning past it. The chase stops and cancels once the best bid (buys) or best ask (sells) itself moves past the limit, and a chase whose Chase To is already past the touch is rejected at submission. * One chase runs at a time per wallet and market. ## When to use it * Capture maker fills near the top of the book without paying the spread. * Work an order in a moving market without manually canceling and replacing limit orders. * Exit a position passively: enable **Reduce Only**, or select Chase as a TP/SL exit type. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | Order size in the asset or USDC notional. Minimum order value is \$10. | None | | Chase To (optional) | Price limit for the chase. Leave blank to chase until filled or canceled. For buys and longs the price must be at or above the current price, for sells and shorts at or below. The order rests at your limit rather than repricing past it, and cancels once the best bid or ask moves past it. | Blank, chase until filled or canceled | | Reduce Only (optional) | Restricts the order to reducing an existing position. | Off | ## Example You want to buy 100 HYPE with the book at \$44.600 bid, \$44.620 ask. HYPE prices step in \$0.001 increments at that level, so your post-only buy rests at \$44.619, one tick under the ask and ahead of everything queued at \$44.600. As the book moves it reprices to stay one tick inside the ask. With Chase To at \$45.00 it keeps working up to that price and rests there rather than passing it, then cancels any unfilled remainder once the bid trades up through \$45.00. > [!NOTE] > > A chase rests on the passive side only, so it is not guaranteed to complete. In a fast trending market the price can run ahead of your order, and with a Chase To set you may finish with a partial fill. # Chase TWAP Source: https://docs.hyperdash.com/orders/chase-twap A TWAP that works each slice as a passive chase order, sweeping any shortfall at market. Chase TWAP splits your order into 30 second clips and works each clip as a post-only [Chase](/orders/chase) order at the top of the book, instead of sending it straight to market like a standard [TWAP](/orders/twap). Whatever the chase does not fill carries forward and is swept at market on a cadence set by your duration. The objective is TWAP pacing with maker pricing on most of the size. Chase TWAP works on both perp and spot markets. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-chase-twap). ![Animated candle chart: timed clips each chase just behind price and fill as maker; when price outruns one, the market sweep at the end of its window fills it.](https://mintcdn.com/hd-ebefeca3/HNc787KBrUdOpLgX/images/orders/chase-twap.gif?s=c2ad7f2ac51d457f53b48c0ac3082ab3) ## How it places orders * Divides your duration into fixed 30 second clips. The form previews the clip interval, the market sweep interval, the number of clips, and the size per clip. * During each clip, one post-only limit order chases the best bid (buys) or best ask (sells), working that clip's outstanding target. It reprices about every 2 seconds as the top of book moves, rests passively, and never crosses the spread. * At the end of each clip the chase is canceled and its fills are reconciled, so the next clip works the updated shortfall. * On each sweep boundary, and again at the final deadline, one market order fills whatever the chase legs did not, capped at 8% slippage. * Clips are sized from a cumulative target rather than a fixed per-clip amount, so an underfilled clip rolls into the next one automatically and the final clip resolves to your exact total size. * Resting chases and in-flight market orders are always bounded by your remaining size, so the strategy cannot overfill. ## Market sweep cadence Clips are always 30 seconds. How often the accumulated shortfall is swept at market is fixed when the order is created, based on the total duration, so shorter orders stay on schedule instead of waiting until the deadline. | Duration | Clip length | Market sweep | | - | - | - | | Up to 30 minutes | 30 seconds | Every clip (30 seconds) | | Up to 3 hours | 30 seconds | Every 2nd clip (1 minute) | | Up to 24 hours | 30 seconds | Every 6th clip (3 minutes) | | Longer than 24 hours | 30 seconds | Every 10th clip (5 minutes) | Orders created before this schedule shipped keep the one they started with: one minute clips, swept every fifth clip. ## When to use it * Work size over time while capturing maker fills instead of paying the spread on every clip * Get TWAP pacing with better average pricing than a market-only TWAP in a calm or ranging book * Accumulate or distribute a position where completion still matters, since the periodic sweep guarantees progress ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | Total order size in the asset or USDC notional. | None | | Duration | Execution window. Minimum 5 minutes. Connected wallets can run up to 24 hours, Hyperdash wallets up to 1 year. | None | | Reduce Only (optional) | Restricts the order to reducing an existing position. On spot it applies to sells only, capping the order at the free balance you hold. A reduce-only spot buy has nothing to reduce and finishes immediately. | Off | ## Example You want to buy 6 BTC over 60 minutes. Hyperdash creates 120 clips of 0.05 BTC and sweeps every second clip, so once a minute. In the first clip a post-only buy rests at the best bid and reprices as the bid moves, filling 0.03 BTC. The next clip works 0.07 BTC, the leftover plus the new clip. At the one minute mark the accumulated shortfall is swept with a single market order, and the cycle repeats. At minute 60 a final sweep closes out any remainder so the full 6 BTC is filled. > [!NOTE] > > Each clip must be worth at least \$10. Below that the chase does not rest and the shortfall carries forward until the cumulative target clears the minimum, so the market sweeps do more of the work. Increase the size or shorten the duration to keep clips above the minimum. > [!NOTE] > > The chase legs rest on the passive side, so in a fast trending market more of your size fills through the market sweeps than through maker orders. Chase TWAP guarantees completion by your deadline, not a maker fill rate. # Conditional Source: https://docs.hyperdash.com/orders/conditional Wait for a trigger price, then fire a market or limit order automatically. A Conditional order sits idle until the market reaches your stop price, then places the order you configured: a market order for certainty of execution, or a limit order for control over your worst fill. Nothing trades before the trigger. In the order form, select **Conditional**, then choose **Market** or **Limit** under Order Type. > [!NOTE] > > See how it works, with a live execution simulation, on the Hyperdash advanced trading page: [conditional market](https://hyperdash.com/advanced-trading#algorithm-stop-market) and [conditional limit](https://hyperdash.com/advanced-trading#algorithm-stop-limit). ![Animated candle chart: price reaches the trigger and a market order fills immediately.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/stop-market.gif?s=9d8c4e90ff45a5fabc75c1198eab8081) Stop Market ![Animated candle chart: price reaches the trigger, a limit order is placed, and it fills when price returns to the limit.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/stop-limit.gif?s=0514eeca44f23574563a5eecfd3f2855) Stop Limit ## How it places orders * No trade executes at submission. The order waits until the asset price reaches your stop price. * The stop price sits on the breakout side of the current price: above it for buys, below it for sells. The form warns you if it does not. * With **Stealth** on (the default), Hyperdash infrastructure watches the top of the book and places the order only once triggered, keeping your level hidden until then. With Stealth off, the stop is placed publicly on-chain as a trigger order the moment you submit it. * **Market**: at trigger, a market order for the full size executes immediately, taking liquidity at the best available prices until filled, bounded by an 8% slippage cap. The fill price is not guaranteed, and in fast or thin markets the average fill can be worse than your stop price. * **Limit**: at trigger, a limit order at your limit price is sent to the book and fills at that price or better. If price gaps through your limit, the order rests unfilled until price trades back or you cancel it. Hyperdash does not reprice or cancel it for you. * While a Stealth order is still waiting, you can edit its size, stop price and limit price. Once it triggers, it can no longer be edited. ## When to use it * Trade breakouts: buy above resistance or sell below support, only once the level actually breaks. * Protect a position with a hard exit at a defined level. Enable **Reduce Only** so the order can only close your position. * Choose Market when missing the move costs more than a few ticks of slippage, and Limit when your worst acceptable price matters more than certainty of the fill. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Order Type | Market or Limit: the order placed when the stop price is reached. | Market | | Stop Price (USD) | Trigger price: above the current price for buys, below for sells. | None | | Limit Price | Limit only: price of the limit order placed at trigger. | Current price | | Size | In the asset or USD. Minimum order value \$10. | None | | Reduce Only (optional) | Order can only reduce an existing position. | Off | | Stealth (optional) | Routes the order through Hyperdash infrastructure, off-book until triggered. | On | ## Examples **Conditional limit.** BTC trades at \$117,400 and you want to buy a breakout above \$120,000 without paying up. You set stop \$120,000, limit \$120,250, size 0.5 BTC. When BTC hits \$120,000, a limit buy at \$120,250 is placed and fills at that price or better. If BTC gaps straight to \$120,600, the order rests at \$120,250 unfilled. **Conditional market.** You are long 400 HYPE from \$41.00 and want a hard exit below support at \$42.50. You set Order Type to Market, stop \$42.00, size 400 HYPE, Reduce Only on. If HYPE trades down to \$42.00, the position closes at market immediately, for example at an average of \$41.96 in a normal book. > [!NOTE] > > Market guarantees the exit, not the price. Limit guarantees the price, not the exit. Size the gap between your stop and your limit for the market's volatility so a fast move cannot jump both. # Iceberg Orders Source: https://docs.hyperdash.com/orders/iceberg Work a large limit order by showing one clip at a time and refilling it from the hidden remainder as it fills. Iceberg shows one clip of your order at your limit price and refills it from the hidden remainder each time it fills, until the whole order is done or you stop it. The objective is to work large size at a fixed price without showing the full order on the book. Iceberg works on both perps and spot markets, subaccounts included. ![Animated candle chart: one clip of a larger order rests at its limit; each time it fills, the next clip takes its place until the order is done.](https://mintcdn.com/hd-ebefeca3/HNc787KBrUdOpLgX/images/orders/iceberg.gif?s=31a9eeabfa8a36e1d115a4c8edcde5b9) ## How it places orders * Splits your total size into your chosen number of clips and places one clip at a time as a good-til-canceled limit order at your limit price. Only that clip is visible on the book. * When a clip fills, the next clip goes out at the same limit right away, sized from what remains. The rest of the order stays off the book. * Clips are never chased or repriced. If your limit is marketable when a clip is placed, that clip takes liquidity at your limit or better, then the iceberg goes back to resting. * Your limit is snapped to the nearest valid tick on the passive side (down for buys, up for sells), so no clip trades past it. * With Randomize on, each clip varies by up to 20% either way from the base clip size, so the refills look less uniform. * Clips pause while one of your own opposite orders rests at or inside your limit, since self-trade prevention would cancel the clip. They resume once that order is gone. * One iceberg runs at a time per account and market. ## When to use it * Buy or sell large size at a fixed price without showing a wall on the book. * Accumulate or distribute patiently at a level you are happy with, rather than over a set time like a TWAP. * Exit a position at a target price in pieces: enable **Reduce Only**. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Limit Price | The price every clip rests at. Pre-filled at the best bid (buys) or best ask (sells). Must be within 50% of the current price. | Best bid or ask | | Size | Total order size in the asset or USD. USD converts at the limit price. The total must be worth at least \$12 at the limit. | None | | Clips | How many clips the total is split into. Integer from 10 to 200. Each clip must be worth at least \$12 at the limit, so your size caps the count. The form shows the resulting clip size next to the label. | 10 | | Randomize (optional) | Varies each clip's size by up to 20% either way from the base clip size. | Off | | Reduce Only (optional) | Restricts the iceberg to reducing an existing position, with clips cut to what the position allows. On spot, available for sells only. | Off | Iceberg has no post-only or expiry setting: it runs until it fills or you stop it. On spot markets the minimums are 12 units of the quote token instead of \$12. ## Managing an iceberg * **Algos tab:** a running iceberg shows in the Algos tab, not in Open Orders. The row shows filled of total, average price, the limit, the visible clip and its state (resting, refilling or paused), clips filled and the hidden remainder. **Stop** ends it and cancels the resting clip. * **Chart:** the iceberg draws one line at its limit. Drag the line to move the limit: the resting clip is canceled and the next clip goes out at the new price a few seconds later. * **History:** finished icebergs move to the Algos tab's History view with their limit, clips, run time and status. An iceberg finishes when the full size fills, when you stop it, or, with Reduce Only, once the position is closed. It also ends if you cancel or modify its clip directly instead of using Stop. A modified clip then stays on the book as a normal order. On a connected wallet, an iceberg expires one hour before the wallet's API key approval lapses. ## Example You want to buy 2,000 HYPE at \$44.50 without showing the full order. With Clips at 10, the book shows a single 200 HYPE bid at \$44.50, about \$8,900. Each time that clip fills, the next 200 HYPE bid appears at the same price, until all 2,000 HYPE is bought. With Randomize on, each clip would be between 160 and 240 HYPE instead of a uniform 200. > [!NOTE] > > The form warns you when your limit is more than 5% away from the market (it may not fill for a long time), when one clip shows more than a quarter of your order, when a clip would be a wall on the current book, when one of your own orders would pause the clips, and when a Hyperliquid TWAP of yours is running on the same market (self-trade prevention can cancel a clip that trades against it). # Limit Order Source: https://docs.hyperdash.com/orders/limit Rest an order in the book and fill only at your chosen price or better. A limit order executes only at the price you set, or better: buys at your limit price or lower, sells at your limit price or higher. You control the price; the trade is that a fill is not guaranteed. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-limit). ![Animated candle chart: a limit order rests at its price and fills when the market reaches it.](https://mintcdn.com/hd-ebefeca3/HNc787KBrUdOpLgX/images/orders/limit.gif?s=935ca4140335b64cfe10fcdfa5aff18b) ## How it places orders * Places a single order at your limit price, good till canceled: it works until it fills or you cancel it. * If your price is away from the market, the order rests in the book until price reaches it. * If your price crosses the market (a buy above the best ask, a sell below the best bid), it executes immediately at the better available prices. * Fills can be partial, and no slippage applies: your limit price is the worst price you can receive. ## When to use it * You want price certainty and are willing to wait for the market to come to you. * You are bidding dips or offering into strength without watching the chart. * You want to set an entry with Take Profit and Stop Loss attached in one ticket. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Limit Price (USD) | The worst price you will accept. Click **Mid** to prefill the current mid price. | None | | Size | In the asset or in USD, with a slider to size as a percentage of available margin at current leverage. | None | | Take Profit / Stop Loss (optional) | Attach TP and SL triggers by price or by gain and loss percentage. | Off | | Reduce Only (optional) | Shown with an open position. The order can only reduce it, never increase or flip it. | Off | The panel shows liquidation price, order value, margin required, and fees. Minimum order value is \$10. ## Example BTC trades at \$118,400. You place a limit buy for 0.1 BTC at \$116,000: order value \$11,600, margin required \$1,160 at 10x leverage. If BTC trades down through \$116,000 you fill at \$116,000 or better. If it never gets there, the order stays open until you cancel it. > [!NOTE] > > A buy limit placed above the current price (or a sell below it) is marketable: it begins filling immediately like a market order, capped at your limit price. # Market Order Source: https://docs.hyperdash.com/orders/market Execute immediately at the best available price, with a hard cap on slippage. A market order buys or sells immediately at the best prices in the book. It prioritizes speed and certainty of execution over a specific price, and it is the default order type in the Hyperdash trade panel. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-market). ![Animated candle chart: a market order is placed and filled immediately at the current price.](https://mintcdn.com/hd-ebefeca3/HNc787KBrUdOpLgX/images/orders/market.gif?s=4bdc2b9c5dd3ee3eb0a571728e59c7ac) ## How it places orders * Submits an immediate-or-cancel order that takes liquidity from the best price outward until your size is filled. * The order is priced from the current mid adjusted by your max slippage cap, so it cannot fill worse than the cap. Size that would exceed the cap is canceled, not left resting, so completion is not guaranteed in thin markets. * Estimated slippage from the live order book is shown next to your cap before you submit, for example "Est: 0.01% / Max 8%". * Optional Take Profit and Stop Loss triggers are submitted together with the entry. ## When to use it * You need to be in or out now, and immediacy matters more than a few basis points. * You are trading fast moves where a resting order would be left behind. * You are closing a position quickly, paired with Reduce Only. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | In the asset or in USD. The slider sizes the order as a percentage of available margin at current leverage. | None | | Take Profit / Stop Loss (optional) | Attach TP and SL triggers by price or by gain and loss percentage. | Off | | Reduce Only (optional) | Shown with an open position. The order can only reduce it, never increase or flip it. | Off | | Slippage | Your max slippage cap, the worst execution price you accept. Click the row to adjust. | 8% | The panel also shows liquidation price, order value, margin required, and fees. Minimum order value is \$10. ## Example BTC trades at \$118,400. You market buy 0.25 BTC (\$29,600 notional) at 10x leverage using \$2,960 of margin. The panel estimates 0.01% slippage, so you expect an average fill near \$118,412. > [!NOTE] > > Estimated slippage is an estimate, not a guarantee. In a fast market the fill can land anywhere up to your max slippage cap. # Order Types Source: https://docs.hyperdash.com/orders/overview Every order type on Hyperdash: what it does, when to use it, and the parameters that control it. Hyperdash gives you a full execution toolkit, from simple market and limit orders to algorithmic strategies that work large size over time or react to live prices. Each order type has its own page with placement behavior, parameters, defaults, and a worked example. ## Choosing an order type | Order type | How it executes | Objective | Key parameters | | - | - | - | - | | [Market](/orders/market) | Fills immediately at the best available price, capped by your max slippage | Immediate execution | Size, Max Slippage | | [Limit](/orders/limit) | Rests on the book at your price or better until filled or canceled | Price control, earning spread | Limit Price, Size | | [Scale](/orders/scale) | Places up to 100 limit orders across a price range, sized by skew | Passive laddered entry, better average price | Start and End Price, Total Orders, Size Skew | | [Conditional](/orders/conditional) | At the stop price, places a market or limit order | Breakout entry or protective exit at a defined level | Order Type, Stop Price, Limit Price, Stealth | | [Chase](/orders/chase) | Post-only limit order that rests one tick inside the far side of the book, repricing continuously | Fast fills while staying passive | Chase To, Reduce Only | | [TWAP](/orders/twap) | Equal sub-orders every 30 seconds over your chosen duration | Minimize market impact over time | Duration, Stealth, Randomize | | [Chase TWAP](/orders/chase-twap) | One-minute clips worked as passive chase orders, with a market sweep every five minutes | TWAP pacing with maker pricing | Duration, Reduce Only | | [VWAP](/orders/vwap) | 30 second chase clips sized to the market's typical volume by time of day, with market sweeps and an optional limit | Track the market's VWAP over a day or longer | Duration, Limit Price | | [POV](/orders/pov) | One passive chase order sized to a set share of the market's live volume, a minute behind, with a market sweep each minute and an optional limit | Stay a set share of the market as volume rises and falls | Participation Rate, Limit Price | | [Swarm](/orders/swarm) | Splits size into up to 200 clips, dispatched by aggression level | Minimize impact with faster completion | Total Clips, Aggression | | [Iceberg](/orders/iceberg) | Shows one clip at your limit and refills it from the hidden remainder as it fills | Work large size at a fixed price without showing it | Limit Price, Clips, Randomize | | [Take Profit / Stop Loss](/orders/take-profit-stop-loss) | Trigger orders that close a position at profit or loss targets | Lock in gains, cap downside | TP and SL Price or Percent | | [Trailing Stop](/orders/trailing-stop) | Stop that tracks the price peak and exits on a set retracement | Protect profits while letting winners run | Retracement, Exit Order Type | > [!NOTE] > > Stealth on conditional orders and TWAPs routes execution through Hyperdash infrastructure instead of placing a visible on-chain trigger, keeping your levels private until they fire. ## Position management Beyond entries and exits, you can reverse a position (close it and open the same size in the opposite direction) and manage TP/SL, trailing stops, and margin directly from the positions table. # POV Source: https://docs.hyperdash.com/orders/pov Trades a set share of the market's live volume, with an optional limit price. POV (Percentage of Volume) trades your order as a fixed share of the market's live volume. You choose the share, the participation rate, and the POV follows the market a minute behind: when the market is busy it trades more, and when it is quiet it trades less. It has no duration, so it runs until your full size fills or you stop it. It works like [VWAP](/orders/vwap), with one passive chase order working at the top of the book and a market sweep each minute to catch up. VWAP paces your order by the market's typical volume; POV paces it by the volume trading right now. A limit price is optional, and no part of the order trades past it. POV works on both perp and spot markets, and from subaccounts too. It runs on Hyperdash infrastructure, so it keeps going after you close the app. Find it under the **Pro** selector in the trade panel, in the Advanced group. ![Animated candle chart with volume bars: each minute the order fills a fixed share of the minute before, so it fills more after volume jumps, crosses the spread once to catch up, and fills nothing while price is past its limit.](https://mintcdn.com/hd-ebefeca3/4c2lLsInLfR7RUsQ/images/orders/pov.gif?s=713790757b72c31feb46070c4da97646) ## How it places orders * Each minute, the POV counts the volume the market traded in the minute that just closed and sets how much it owes, so that your fills make up your rate of all the volume, yours included. At 5%, for every 95 BTC other traders buy and sell, the POV owes 5 BTC. It works that amount evenly over the next minute, so it trails the market by about a minute. * One post-only limit order works what the POV owes at the top of the book, as a [Chase](/orders/chase) order does. * Once a minute, one market order fills whatever the chase has not, capped at 8% slippage and never past your limit. * With a limit, only volume that trades inside your limit counts toward what the POV owes. For a minute that trades on both sides of your limit, that share is estimated from the minute's price range. While the price is beyond your limit, the chase rests at the limit, sweeps are skipped, and Details show **Paused: price beyond your limit**. When the price comes back, the POV resumes from the next minute. * The POV never catches up in a burst. If it falls more than about two minutes behind its pace, the extra is dropped rather than traded all at once. * If market data stops arriving, the POV adds nothing new until it returns, and Details show **Paused: market data unavailable**. A quiet market with no trades simply adds nothing. * With Reduce Only, each order is capped at your position, or on a spot sell at your free balance, so the POV never adds to or flips the position. * The chase orders rest on the book and pay the maker rate. Sweeps take liquidity and pay the taker rate. Every POV order, sweeps included, pays the same builder fee as limit orders you place yourself. ## When to use it * Work a large order without becoming more than a set share of the market, so your trading stays a small part of what the market is doing. * Trade faster when the market is active and slow down when it goes quiet, without choosing a duration in advance * Set a worst price and let the POV wait out moves past it. Volume outside your limit does not count, so the POV does not build up size to dump when the price comes back. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | Total order size in the asset or USD, converted at the mid price. Must be worth at least \$10,000 at your limit price, or at the mid price without one. | None | | Participation Rate | The share of the market's volume your fills make up, from 1% to 30%. The slider moves in whole percents, and the box takes up to two decimals. Higher finishes sooner but moves the price more. | 5% | | Limit Price (optional) | Tick the checkbox to set the worst price any order trades at. Only volume inside it counts. A price off the market's price grid snaps down for buys and up for sells. Must be within 50% of the current price. | Off | | Reduce Only (optional) | Restricts the POV to reducing an existing position. On spot it is offered for sells only and caps the order at your free balance. | Off | The panel shows the order value, at your limit price or at the mid price without one, the fees, and **Est. time to fill**. The estimate assumes the market trades its average minute over the last 24 hours, and ignores your limit. If it is longer than 30 days, the longest a POV runs, the order can't be placed: raise the rate or lower the size. Once you enter a size, a line under the form names the first setting out of range, and the order can't be placed until you fix it. ## Example BTC trades at \$100,000. To buy 50 BTC without being more than 5% of the market or paying more than \$101,000, you set Size 50 BTC, keep the default Participation Rate of 5%, and tick Limit Price at \$101,000. Suppose other traders trade 19 BTC inside your limit in the first minute. Over the next minute, the POV works 1 BTC, so its fills are 1 of the 20 BTC traded, 5%. Its chase order rests at the best bid, and the minute's sweep buys whatever the chase did not fill, at \$101,000 or better. If other traders' volume jumps to 57 BTC in a minute, the POV works 3 BTC the minute after. If BTC rises above \$101,000, the volume that trades there does not count, the chase rests at \$101,000, and Details show **Paused: price beyond your limit**. When BTC comes back below \$101,000, the POV resumes a minute later. Details show the share of volume it has taken next to your target, such as **Limit \$101,000 · 4.83% of volume, target 5%**. At about 19 BTC a minute from others, the 50 BTC fills in under an hour, and the POV ends as Finished. ## How it ends * **Finished**: your full size has filled. With Reduce Only, it also finishes when there is nothing left to reduce. * **Expired**: it reached the end of its run, 30 days after you placed it at most, with the rest unfilled. There is no final sweep. On a connected wallet, it ends sooner: an hour before the wallet's API connection expires, or after 24 hours when that time is not known. * **Stopped**: you stopped it, or its order was canceled or changed directly, for example in the Hyperliquid app or the Hyperdash iOS app. When you stop it, Hyperdash cancels its order on the book. When its order is canceled or changed directly, a toast says the POV has ended, and a changed order stays on the book as a normal order you manage. What filled stays filled. * **Error**: Hyperliquid rejected its orders five times in a row, for example for insufficient margin, or another exchange error stopped it. Hyperdash cancels its order on the book, what filled stays filled, and History shows why, such as "Stopped after 5 rejected orders in a row" followed by Hyperliquid's reason. A running POV shows in the **Algos** tab with what has filled and the time left until it expires, and **Stop** ends it. Its Details show your limit, the share of volume it has taken next to your target, and whether it is **Working** or **Paused**. History there lists past POVs and how each ended, and the **POV** filter shows only POVs. Its orders aren't listed in **Open Orders**. While its chase order rests, the chart shows it as a locked **POV** line at that price. **Cancel All** leaves POVs running unless you tick **Also stop N algos** in the confirmation. > [!NOTE] > > A POV must be worth at least \$10,000 at your limit price, or at the mid price without one, or 10,000 of the quote token on spot. Each order it places must also clear Hyperliquid's minimum. Below that, the chase doesn't rest and the shortfall carries forward until it clears the minimum. > [!NOTE] > > You can run one POV per market at a time, across all your wallets and subaccounts. A running POV cannot be edited: stop it and place a new one. > [!NOTE] > > When you place a POV, your account must be able to fund at least half of the full order. Reduce-only perps POVs skip this check. Nothing is set aside for later orders, so each order still needs margin or balance when it goes out. # Scale Orders Source: https://docs.hyperdash.com/orders/scale Place a ladder of limit orders across a price range in a single ticket. Scale orders split one order into a ladder of limit orders across a price range you define, targeting a better average price than a single fill. Find Scale under the **Pro** selector in the trade panel. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-scale). ![Animated candle chart: a ladder of limit orders fills one level at a time as price moves through the range.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/scale.gif?s=4ecfa731ee5a2e5fe8e9d298fa50caa1) ## How it places orders * Places your Total Orders as individual limit orders in one action, all good till canceled. * Prices are spaced evenly from Start Price to End Price. * Sizes scale linearly across the ladder according to Size Skew and always sum to your total Size. With Total Orders of 1, the full size is placed at the Start Price. * Each order fills independently, so a shallow move fills only part of the ladder. ## When to use it * Accumulating into weakness or distributing into strength across a range instead of picking one price. * Averaging into an entry when you expect chop inside a range. * Weighting more size toward the far end of the range with Size Skew. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | Total across all orders, in the asset or in USD. | None | | Start Price | Price of the first order. Click **Mid** to prefill the current mid price. | None | | End Price | Price of the last order. | None | | Total Orders | Number of limit orders in the ladder, 1 to 100. | None | | Size Skew | Ratio of the last order's size to the first. 1.0 places equal sizes; 2.0 makes the end order twice the start order. | 1.00 | | Reduce Only (optional) | Shown with an open position. Orders can only reduce it. | Off | The panel previews the first and last order, average price, order value, and margin required before you place the ladder. ## Example HYPE trades at \$40 and you want a 100 HYPE long into weakness: Start Price \$40, End Price \$36, Total Orders 5, Size Skew 2.0. Hyperdash places limit buys at \$40, \$39, \$38, \$37, and \$36, sized 13.3, 16.7, 20, 23.3, and 26.7 HYPE. If the whole ladder fills, your average entry is about \$37.67, versus \$38.00 with equal sizing. > [!NOTE] > > Every order in the ladder must be worth at least \$10. If the smallest order would fall below that, the panel warns you: lower Total Orders or raise Size. # Swarm Orders Source: https://docs.hyperdash.com/orders/swarm Split a large order into up to 200 smaller clips dispatched in parallel to reduce market impact. Swarm orders break your order into smaller sub-orders, called clips, and dispatch them in controlled parallel waves. The objective is filling meaningful size quickly while avoiding the slippage and footprint of a single large order. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-swarm). ![Animated candle chart: small clips fire back to back while market makers refill the book between fills, finishing in seconds at a better average price than one market order.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/swarm.gif?s=95522331d8784346b0359262342f1f49) ## How it places orders * Splits your total size into your chosen number of clips: equal sizes by default, varied sizes when Irregular Clips is enabled. * Each clip is an immediate-or-cancel order priced at market plus a slippage allowance, so clips take liquidity rather than resting on the book. * Aggression sets how many clips are in flight at once; as each completes, the next dispatches until all are processed. * Completion is not guaranteed: a clip that errors or cannot fill within its slippage allowance is marked rejected and is not retried; the order reports how many clips failed. * Stopping a swarm cancels its pending clips; only dispatched clips count toward your fill. ## When to use it * Filling size fast without showing one large order to the market * Executing quicker than a TWAP window while still limiting impact * Tuning the tradeoff between fill speed and footprint with the Aggression level ## Parameters | Parameter | Description and options | Default | | - | - | - | | Total Clips | How many sub-orders your order will be broken into. Integer from 2 to 200. Each clip must be worth at least \$10, so your order size caps the count. | 10 | | Aggression | Level 1 to 5. Simultaneous clips per level: 1, up to 2, up to 5, up to 10, up to 20. Higher aggression places orders more frequently for faster fills. | 3 | | Irregular Clips (optional) | Varies clip sizes so the split is less uniform. | Off | | Reduce Only (optional) | Restricts the swarm to reducing an existing position. | Off | ## Example Sell 5,000 HYPE at a \$40 price, about \$200,000 of notional. With Total Clips at 100, each clip is 50 HYPE, roughly \$2,000. At Aggression 4, up to 10 clips work the book at once until all 5,000 HYPE is filled. Irregular Clips would vary those sizes instead of printing a uniform 50 HYPE each. > [!NOTE] > > Clips have a \$10 minimum value, so a swarm needs at least \$20 of order value. The form shows the maximum clips your current size supports. # Take Profit and Stop Loss Source: https://docs.hyperdash.com/orders/take-profit-stop-loss Set exit triggers on a position that execute as a market, limit, chase, or TWAP order when your price is reached. Take Profit and Stop Loss (TP/SL) predefine your exits: a take profit closes some or all of a position at a level in profit, and a stop loss caps your downside. You can attach TP/SL while placing an order or add them to any open position, and you choose how each exit executes. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-take-profit-stop-loss). ![Animated candle chart: a position opens, price rises to the take-profit level, and the position closes at the target.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/take-profit.gif?s=aa9c5389f912f89329b467c6e8004f39) Take Profit ![Animated candle chart: a position opens, price falls to the stop-loss level, and the position closes to cap the loss.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/stop-loss.gif?s=073b7823d7600914cff84b61753d8530) Stop Loss ## How it places orders * Each leg is a trigger. Nothing new rests on the book until price reaches your trigger, then the exit order is placed automatically. * Set each leg by price, or by gain/loss in percent or \$. The other field converts automatically from your entry price and position size. * Choose the exit execution per leg: **Market** closes immediately with slippage capped at 5%, **Limit** rests an order at the trigger price, **Chase** follows the best bid or ask, and **TWAP** slices the exit over a set window. * Whichever trigger fires first starts the exit, and the strategy tracks it until the size is closed. * **Configure Amount** closes a portion of the position instead of all of it, set as a percent of the position or a fixed asset amount. ## When to use it * Bracket a position with a profit target and a risk limit in one step. * Enforce risk discipline without watching the screen. * Scale out: take partial profit at a target while the stop covers the full position. ## Parameters | Parameter | Description and options | Default | | - | - | - | | TP Price / Gain | Take profit trigger. Enter a price, or a gain in % or \$. Must be above the mark price for longs and below it for shorts. | None | | SL Price / Loss | Stop loss trigger. Enter a price, or a loss in % or \$. Must be below the mark price for longs and above it for shorts. | None | | Order Type (per leg) | Market, Limit, Chase, or TWAP execution once triggered. | Market | | Duration (TWAP only) | Window the TWAP exit is sliced over, from 30 seconds to 1 hour. | 5m | | Configure Amount (optional) | Partial exit size, as a percent of the position or an asset amount. | 100% of position | At least one of TP or SL is required. Both can be set on the same position. ## Example You are long 0.2 BTC from \$65,000. You set a take profit at \$71,500 (a 10% gain) as a Limit exit and a stop loss at \$61,750 (a 5% loss) as a Market exit, both on full size. If BTC trades up to \$71,500, a limit sell rests at that price. If BTC instead drops to \$61,750, the position closes immediately at market with slippage capped at 5%. > [!NOTE] > > Non-market exits carry fill risk: a limit, chase, or TWAP exit may not fully close the position during a fast move. A market stop can also fill worse than its trigger price if the market gaps through your level. # Trailing Stop Source: https://docs.hyperdash.com/orders/trailing-stop Protect open profits with a stop that automatically follows price at your chosen distance. A Trailing Stop follows the market as it moves in your favor. You set a retracement, a percentage or a fixed USD distance, and the stop triggers if price reverses by that amount from the best price your position has reached. It lets winners run while locking in profit automatically. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-trailing-stop). ![Animated candle chart: a stop follows price as it advances, holds when price reverses, and triggers a market exit.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/trailing-stop.gif?s=25c9bfa53159975c6c2454c62a67b62a) ## How it places orders * Set from an open position and sized to the full position. Hyperdash infrastructure monitors the market, so nothing rests on the public book while the stop is active. * Hyperdash tracks the peak price, the highest reached for longs or lowest for shorts, and recalculates the stop on every new favorable extreme: peak minus the retracement for longs, peak plus it for shorts. It only tightens, never loosens. * When price reverses to the stop price, the exit is sent as **Market**, or **Chase**, a limit order pinned to the top of the book that updates until filled. * One trailing stop per position: confirming new settings replaces it, and you can remove it at any time. ## When to use it * Lock in profits on a winner without picking an exit price in advance. * Ride a trend: the stop follows price and never gives ground back. * Replace manual stop management: no more editing a fixed stop after every leg higher. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Retracement mode | **By Percent** (percentage of price, under 100) or **By Distance** (fixed USD amount). | By Distance | | Retracement | The trail value in % or USD. The modal previews the projected stop price. | None | | Order type | How the exit executes: **Market** or **Chase**. | Market | | Size | Covers your full position. | Full position | ## Example You are long 500 HYPE at a mark price of \$45.00 and set a 5% retracement, so the initial stop is \$42.75. HYPE rallies to \$50.00 and the stop follows up to \$47.50. Price then reverses to \$47.50, the stop triggers, and a market order closes the position. > [!NOTE] > > The stop moves only on new favorable extremes. In sideways chop it stays put, and a sharp wick that reaches it closes the position even if price recovers immediately after. # TWAP Source: https://docs.hyperdash.com/orders/twap Execute large orders in equal parts over time to reduce market impact. TWAP (Time Weighted Average Price) executes your order in equal parts over a duration you set, targeting the average market price across the window instead of a single fill. The objective is minimizing market impact when your size is large relative to available liquidity. > [!NOTE] > > See how it works, with a live execution simulation, on the [Hyperdash advanced trading page](https://hyperdash.com/advanced-trading#algorithm-twap). ![Animated candle chart: an order fills in equal slices at regular intervals while the average price updates.](https://mintcdn.com/hd-ebefeca3/S8oKwqK_973npERO/images/orders/twap.gif?s=b07413988353b8605f90a07ef1183442) ## How it places orders * Splits your total size into equal sub-orders, one every 30 seconds across your duration. The form previews runtime, number of orders, and size per sub-order. * With Stealth enabled, the TWAP executes through our infrastructure instead of on-chain for more private execution. * The randomize options vary sub-order sizes and, with Stealth, intervals to make the execution pattern less predictable. * A running TWAP can be edited or stopped. When editing, the new total size must be greater than the amount already executed. ## When to use it * Entering or exiting a large position without moving the market * Averaging into a position over a set window instead of timing a single fill * Keeping your execution harder to track with Stealth and the randomize options ## Parameters | Parameter | Description and options | Default | | - | - | - | | Duration | Execution window in hours and minutes. Must be greater than 5 minutes and less than 24 hours. | None | | Stealth | Executes your TWAP through our infrastructure instead of on-chain for more private execution. | On | | Randomize Size (optional) | Randomly adjusts each sub-order size by up to +/-20% while keeping TWAP constraints. | Off | | Randomize Time (optional) | Available with Stealth. Randomly shifts each interval by up to +/-20% to make timing less predictable. | Off | | Reduce Only (optional) | Restricts the TWAP to reducing an existing position. | Off | ## Example You want to buy 2 BTC over 2 hours. That is 240 intervals of 30 seconds, so Hyperdash places 240 sub-orders of roughly 0.0083 BTC each. At a \$118,000 BTC price, each sub-order is about \$980 of notional. With Randomize Size enabled, sub-orders vary in size while still summing to 2 BTC. > [!NOTE] > > Every sub-order must be worth at least \$10. If your size spread across the duration falls below that, shorten the duration or increase the size. # VWAP Source: https://docs.hyperdash.com/orders/vwap Executes weighted by the market's typical volume through the day, with an optional limit price. VWAP (Volume Weighted Average Price) works your order over a duration you set and paces it by how much the market usually trades at each time of day: more in busy hours, less in quiet hours and on weekends. The objective is an average price close to the market's VWAP over your window. It works like [Chase TWAP](/orders/chase-twap), with 30 second clips worked as passive chase orders and the shortfall swept at market. VWAP changes how much each clip works, and adds an optional limit price that no part of the order trades past. VWAP works on both perp and spot markets, and from subaccounts too. It runs on Hyperdash infrastructure, so it keeps going after you close the app. Find it under the **Pro** selector in the trade panel, in the Advanced group. ![Animated candle chart with volume bars: the order fills more in the hours the market is usually busy and less in quiet ones.](https://mintcdn.com/hd-ebefeca3/vkXoqrD7tSJ7WgAn/images/orders/vwap.gif?s=f4b582fab09076a263b6dc6cc265a264) ## How it places orders * Divides your duration into 30 second clips. Each clip works toward the share of your size that the schedule has due by the end of that clip, so clips are larger in busy hours and smaller in quiet ones. An underfilled clip rolls into the next one, and the last clip's target is your full size. * During each clip, one post-only limit order works the clip's target at the top of the book, as a [Chase](/orders/chase) order does. * On each sweep boundary, and again at the end, one market order fills whatever the chase did not, capped at 8% slippage and never past your limit. Sweeps run every minute for orders up to 3 hours, every 3 minutes up to 24 hours, and every 5 minutes beyond that. * The schedule comes from the market's last 8 weeks of volume, in 30 minute slots of New York time, with separate levels for weekdays, Saturdays and Sundays. Days run from 8 PM to 8 PM New York time, so Saturday starts at 8 PM on Friday. A slot's level is its median over those days, and never less than a tenth of the average slot, so quiet hours still get some of the order. The schedule is set when you place the order and does not react to the volume that trades during your window. * With a limit, no order trades past it. While the price is beyond your limit, the chase rests at the limit, sweeps are skipped, and the order falls behind schedule. When the price comes back, the next sweep catches up, at your limit or better. * With Reduce Only, each order is capped at your position, or on a spot sell at your free balance, so the VWAP never adds to or flips the position. * The chase orders rest on the book and pay the maker rate. Sweeps take liquidity and pay the taker rate, and they do more of the work where the schedule climbs steeply, such as at the US market open. Every VWAP order, sweeps included, pays the same builder fee as limit orders you place yourself. ## When to use it * Work a large order over a day or longer, aiming for the market's VWAP. The volume schedule matters most over such windows, and helps little over 4 hours or less. * Put more of your size into the hours when the market trades most, and less into quiet hours and weekends * Set a worst price for a long schedule. Unlike [Chase TWAP](/orders/chase-twap), a VWAP with a limit leaves unfilled whatever the limit keeps out of reach. ## Parameters | Parameter | Description and options | Default | | - | - | - | | Size | Total order size in the asset or USD, converted at the mid price. | None | | Duration | How long the VWAP runs, in **Hour(s)** and **Minute(s)**. At least 3 hours, and at most 24 hours on a connected wallet or 7 days on a Hyperdash wallet. | 12 hours | | Limit Price (optional) | The worst price any order trades at. Leave it blank for no limit. A price off the market's price grid snaps down for buys and up for sells. Must be within 50% of the current price. | None | | Reduce Only (optional) | Restricts the VWAP to reducing an existing position. On spot it is offered for sells only and caps the order at your free balance. | Off | The panel shows the order value at the mid price and the fees. Once you enter a size, a line under the form names the first setting out of range, and the order can't be placed until you fix it. ## Example BTC trades at \$100,000. To buy 10 BTC over a working day without paying more than \$101,000, at 8:00 AM New York time on a Monday you set Size 10 BTC and Limit Price \$101,000, and keep the default 12 hours. That is 1,440 clips of 30 seconds, with a market sweep every 3 minutes. Suppose BTC's history puts 6% of the window's volume in the half hour from 9:30 to 10:00 AM and 2% in a quiet half hour in the evening. The schedule then targets 0.6 BTC in the first, 0.01 BTC per clip, and 0.2 BTC in the second, about 0.0033 BTC per clip. An even TWAP would target about 0.42 BTC in every half hour. If a busy clip's chase fills 0.004 BTC of its 0.01 BTC, the next clip works 0.016 BTC, and the next sweep buys whatever is still behind schedule. If BTC rises above \$101,000, the chase rests at \$101,000, the sweeps wait, and Details show the VWAP falling behind schedule. At 8:00 PM a final sweep buys what it can of the rest at \$101,000 or better, and the VWAP ends as Finished. Anything the limit kept out of reach stays unfilled. ## How it ends * **Finished**: your full size has filled, or the window has ended. At the end, a final sweep fills what it can of the rest. Anything left stays unfilled, such as a remainder worth less than Hyperliquid's \$10 minimum or size your limit kept out of reach. With Reduce Only, it also finishes when there is nothing left to reduce. * **Stopped**: you stopped it, or its order was canceled or changed directly, for example in the Hyperliquid app or the Hyperdash iOS app. When you stop it, Hyperdash cancels its order on the book. When its order is canceled or changed directly, a toast says the VWAP has ended, and a changed order stays on the book as a normal order you manage. What filled stays filled. * **Error**: Hyperliquid rejected its orders five times in a row, for example for insufficient margin, or another exchange error stopped it. Hyperdash cancels its order on the book, what filled stays filled, and History shows why, such as "Stopped after 5 rejected orders in a row" followed by Hyperliquid's reason. A running VWAP shows in the **Algos** tab with what has filled and the time left, and **Stop** ends it. Its Details compare what has filled with what the schedule has due: **On schedule** within about one average clip, otherwise **Ahead of schedule by** or **Behind schedule by** the difference, such as 0.05 BTC. A limit shows after it, as **Limit \$101,000**. History there lists past VWAPs and how each ended. Its orders aren't listed in **Open Orders**. While its chase order rests, the chart shows it as a locked **VWAP** line at that price. **Cancel All** leaves VWAPs running unless you tick **Also stop N algos** in the confirmation. > [!NOTE] > > The order must be worth at least \$10 at the mid price, or 10 of the quote token on spot. A buy with a limit below the mid price is valued at its limit instead. Each order it places must also clear Hyperliquid's minimum. Below that, the chase doesn't rest and the shortfall carries forward until it clears the minimum, so the sweeps do more of the work. Clips in quiet hours are smaller than average, so a small order over a long window can fall below the minimum there. Increase the size or shorten the duration to keep clips above it. > [!NOTE] > > A VWAP needs at least one week of trading on the market: 5 weekdays, a Saturday and a Sunday, not counting today or the day the market listed. With more history, the schedule uses up to the last 8 weeks. A newer market is refused with "Not enough trading volume history". > [!NOTE] > > You can run one VWAP per market at a time, across all your wallets and subaccounts. A running VWAP cannot be edited: stop it and place a new one. > [!NOTE] > > When you place a VWAP, your account must be able to fund at least half of the full order. Reduce-only perps VWAPs skip this check. Nothing is set aside for later clips, so each order still needs margin or balance when it goes out. # Perp RFQ Source: https://docs.hyperdash.com/perp-rfq Request increased liquidity for large perp orders and execute with improved pricing. > [!NOTE] > > Perp RFQ is in **private beta**. [Request access](https://hyperdash.com/rfq) and our team will verify your eligibility. Perp RFQ (Request for Quote) brings institutional liquidity on demand to Hyperdash. Instead of working a large order through the visible book, you request liquidity from whitelisted market makers, who respond by adding two-sided liquidity directly to the order book: larger size, improved execution, better pricing. ## How RFQ works **1. Submit a request** Open the **RFQ** tab in the trade panel, pick your market, and set your size in USDC or in the asset. Choose Buy/Long or Sell/Short. Your direction stays hidden from market makers unless you tick **Disclose side**. **2. Market makers respond** Whitelisted market makers receive the market and size of your request and have **5 seconds** to respond or pass. Responding market makers add real two-sided liquidity directly to the public order book. **3. Watch the book improve** Your RFQ ticket tracks the order book as liquidity arrives, showing your updated estimated slippage, average execution price, and the improvement versus the pre-RFQ book. **4. Trade, or walk away** You have **30 seconds** to execute. Nothing trades until you confirm, and you can cancel the request or let it expire at any time. ## Key parameters | Parameter | Value | | - | - | | Maximum order size | \$500,000 notional per request | | Execution window | 30 seconds, then the request expires | | Market maker reply time | 5 seconds to add liquidity or pass | | Size input | USDC notional or base asset amount | | Direction | Hidden from market makers by default, optional to disclose side | | Access | Private beta, invite-only | ## Live markets Markets where market makers are actively providing liquidity today: | Group | Markets | | - | - | | Indices | SP500, XYZ100 | | Equities | AAPL, AMZN, GOOGL, META, MSFT, NVDA, TSLA, MU, SNDK, SKHX, SPCX | > [!NOTE] > > RFQ liquidity is only supported during US market hours of the Nasdaq exchange: 9:30 AM to 4:00 PM Eastern (ET), Monday through Friday, excluding US market holidays. The live list is always shown in the RFQ asset picker in the app. ## Future Markets The rest of the supported universe, going live market by market as coverage is added: ![RFQ coverage spans equities, indices, commodities and crypto](https://hyperdash.com/landing/rfq/rfq-markets.webp) | Category | Markets | | - | - | | Crypto | BTC, ETH, HYPE, SOL, XRP, ZEC, LIT | | Equities | AMD, ARM, CBRS, COIN, CRCL, HOOD, HYUNDAI, INTC, MRVL, MSTR, SMSN | | Commodities | GOLD, SILVER, CL, BRENTOIL | | Indices & ETFs | EWY, DRAM | ## FAQ > **How do I get access?** > > Perp RFQ is in private beta and invite-only. [Request access](https://hyperdash.com/rfq) and our team will verify your eligibility. > **What do market makers see?** > > The market and the size of your request. Your trade direction stays hidden unless you enable **Disclose side**. > **Why would I disclose my side?** > > Disclosing lets market makers add liquidity on one side instead of both, which can tighten your pricing. Keeping it hidden avoids signaling your intent. The choice is yours per request. > **Am I obligated to trade after requesting?** > > No. The added liquidity sits on the public book. You choose whether to execute, and if you do nothing the request simply expires after 30 seconds. > **Does RFQ cost extra?** > > No. There is no additional fee for using RFQ. Standard Hyperdash trading fees apply to the executed order. > **What happens if no market maker responds?** > > The request expires after 30 seconds and nothing executes. You can submit a new request at any time. # Portfolio and Analytics Source: https://docs.hyperdash.com/portfolio-analytics Track your balances, positions, order history, and performance analytics from your Hyperdash profile. Your profile is the home for everything about your own account: total equity, open positions, working orders, complete trading history, and performance analytics computed from your trades. The same layout powers every trader profile on Hyperdash, so the stats you study on others are the stats you see on yourself. ## Account overview | Section | What it shows | | - | - | | Account Value | Total equity, broken down across Perps, Spot, Staked, and Copytrade balances | | Overview | Unrealized PNL, Account Leverage, Margin Usage, All Time PNL, and Volume | | Performance | Drawdown, Win Rate, and Sharpe, switchable between 7D, 30D, and All Time | | Analysis | Longest Win Streak, Trading Style, average and median trade duration, and your PNL and Size cohorts | Trading Style classifies you by average trade duration: Scalp (under 15 minutes), Intraday (15 minutes to 6 hours), Swing (6 hours to 2 weeks), Position (over 2 weeks), or Algorithmic. Widgets alongside show your long/short direction bias, leverage, and margin usage at a glance. ## PNL views * **Chart**: toggle between account **Value** and **PNL**, scoped to **Perps** or **Combined**, over 24H, 7D, 30D, or all time. * **Calendar**: a daily heatmap of profit and loss. Each day is shaded green or red by size of the day's result, with PNL and ROE in the tooltip. * **PNL Calendar**: a month-by-month view you can page back through your history, including your longest positive streak in days. ## Positions, orders, and history | Tab | Contents | | - | - | | Positions | Open positions with entry, mark, PNL, and ROE | | Balances | Spot token balances | | Orders | Open orders | | Fills | Recent order executions | | Trades | Completed trades, filterable by result, side, asset, notional, and size | | TWAP | Active and filled [TWAP](/orders/twap) orders | | Transfers | Deposit and withdrawal history | | Performance | Best Trades and per-asset Asset Performance breakdowns | | Copytrade | Your copytrade wallets, filtered by Running, Stopped, or Archived | You can share any position or your PNL as an image card directly from the table. ## Capital allocation When a copytrade wallet follows more than one trader, the allocation editor distributes its capital across them: an **Equal** split or **Custom** weight sliders per trader. Allocations must add up to 100%, and every tracked trader needs a share above 0%. See [Copy Trading](/copy-trade) for the full setup flow. > [!NOTE] > > Your profile also shows your fee tier progress, referral link, and cashback stats. See [Fees, Referrals, and Rewards](/fees-referrals-rewards). # Quick Trade Source: https://docs.hyperdash.com/quicktrade One-click trading: preset-size buy and sell buttons that fire orders instantly with your saved settings. Quick Trade is one-click trading for fast markets: two rows of preset-size buttons, buy over sell, that fire orders the instant you press them, without touching the order form. It ships as a **Quick Trade** widget you add to your layout from the widget drawer (Tools category), and the same buttons appear inline in the News widget when you click a ticker pill on a headline. Quick Trade works on perp markets only, including [xyz markets](/markets-assets); spot is not supported. ## How it works **1. Link a market** Add the Quick Trade widget and link it to a perp market. The widget header shows the live mark price, 24h change, a leverage control, and the active order type. **2. Set your sizes and order type** The gear on the widget opens Settings, where you pick three button sizes, the order type, and leverage and confirmation behavior. Every change saves immediately: to your account when logged in, and to your browser either way. **3. Fire** Press a size button on the buy or sell row. With confirmation on, a popover anchored to that button summarizes market, side, size, and order type: confirm to send, or press Escape or click elsewhere to cancel. Tick **Don't ask again** for true one-click trading. Each press fires its own independent order, so rapid consecutive clicks work in parallel: buttons are never locked while an order is in flight. ## Settings | Parameter | Description and options | Default | | - | - | - | | Button sizes | Three USD amounts shared by the buy and sell rows, \$10 to \$10,000,000 each | \$100, \$1,000, \$10,000 | | Sizes mean | **Notional**: a \$10,000 button opens a \$10,000 position. **Margin**: a \$10,000 button spends \$10,000 of margin, and position size is margin times leverage. | Notional | | Order type | [Market](/orders/market), Limit at mid (rests a [limit order](/orders/limit) at the mid price), [Chase](/orders/chase), or [Swarm](/orders/swarm) | Market | | Max slippage | Market orders only: maximum slippage from mid, up to 50% | 1% | | Clips | Swarm only: number of clips, 2 to 200 | 5 | | Aggression | Swarm only: 1 to 5 | 3 | | Irregular clips | Swarm only: varies clip sizes so the split is less uniform | Off | | Always use max leverage | Bumps the market to its maximum leverage before firing. When off, orders use whatever leverage you already have set for that market. Picking a leverage manually in the widget turns this off. | Off | | Confirm before placing | Shows the order summary popover before anything is sent | On | ## FAQ > **Which markets does Quick Trade support?** > > Perp markets only, including xyz markets (equities, indices, commodities, FX). Spot markets are not supported. > **What is the minimum order size?** > > \$10 notional per order. Swarm needs at least \$20 of notional so it can split into two clips. > **What happens if max leverage cannot be applied?** > > With notional sizing, the order still fires at your current leverage and you get a warning. With margin sizing, the order is canceled, because the position size depends on the leverage that failed to set. > **Do my settings follow me across devices?** > > When you are logged in, settings save to your account. They are also mirrored in your browser, so they survive a refresh and work while logged out on that device. > [!NOTE] > > With confirmation off, a press sends the order immediately and there is no undo. Keep **Confirm before placing** on until your sizes and order type are dialed in. # RWA Perps Source: https://docs.hyperdash.com/rwa-perps Trade perpetuals on stocks, pre-IPO companies, indices, commodities, and FX through the xyz (HIP-3) markets, 24/7. The xyz (HIP-3) markets on Hyperdash are perpetuals on real-world assets: stocks, pre-IPO companies, equity indices, commodities, and FX. They trade like the crypto perps you already know, USDC margined with no expiry, but they reference markets that close overnight and on weekends, so pricing works differently during those hours. The markets are built and operated by [trade.xyz](https://trade.xyz). ## What you can trade | Asset class | Description | | - | - | | US equities | Stocks with external pricing across pre-market, regular, after-hours, and overnight sessions | | International equities | Korean, Japanese, Hong Kong, and Chinese listings priced off their home exchanges | | Pre-IPO perps (IPOPs) | Cash-settled contracts on private companies expected to list. No ownership or allocation rights; they convert to standard equity perps at listing, and alternative outcomes settle under predefined per-market rules | | Equity indices | US, Japanese, and Korean index exposure | | Commodities | Metals and energy markets | | FX | Currency pairs with round-the-clock weekday pricing | The full pair list lives in [Tradeable Markets](/tradeable-markets) and updates weekly as new markets launch. ## How pricing works when markets close Three prices drive every xyz market, refreshed every few seconds: * **Oracle price**: the funding reference and a mark input. While the underlying market is open, it tracks a fair price drawn from multiple external venues and data providers. When the underlying is closed (nights, weekends, holidays, halts), an internal mechanism takes over and the perp's own order book leads, nudging the oracle toward book prices over a smoothed 30 minute window. * **Mark price**: the median of the oracle, the oracle plus a short average of the perp's premium, and the book's best bid, best ask, and last trade. Margin, liquidations, trigger orders, and unrealized PnL all use mark. * **Discovery bounds**: while the underlying is closed, mark can only move within a band of 1 divided by max leverage around a reference price, so a 20x market moves at most 5 percent at a time. Sustained pressure re-anchors the band a limited number of times per direction, after which it becomes a hard cap until the underlying reopens and pricing snaps back to the live external price. ## Funding, margin, and liquidation * **Funding** uses the standard premium and interest rate formula scaled by a 0.5 multiplier, so holding through weekend price discovery costs less than crypto-standard funding. Pre-listing IPOPs use a 0.005 multiplier. * **Margin modes** are cross (default), isolated, and strict isolated, where margin is only released as the position closes. * **Liquidations** are measured against the xyz mark price. An onchain backstop liquidator vault covers cross-margin xyz markets, making auto-deleveraging less likely. A position whose liquidation price sits outside the active discovery bounds cannot be liquidated while those bounds are in effect. * **Fees**: growth mode on eligible non-crypto markets cuts all-in fees by at least 90 percent from the standard schedule. ## Market hours xyz markets trade on Hyperdash 24/7. What changes is the pricing source, based on each market's external window, all times Eastern (ET): | Market | External pricing window, Eastern (ET) | | - | - | | US equities | Sunday 8:00 PM to Friday 8:00 PM | | Commodities | Sunday 6:00 PM to Friday 5:00 PM, with a daily 5:00 to 6:00 PM pause | | FX | Sunday 5:00 PM to Friday 5:00 PM, open through most US holidays | | International equities | Home exchange sessions on their local holiday calendars | US equities close fully on major US holidays, with early closes on a few dates, while futures, metals, and energy typically run reduced holiday hours. Whenever an external window is closed, internal pricing and discovery bounds take over and trading continues. > [!NOTE] > > Per-contract specifications (leverage tiers, bound configurations, holiday and roll schedules) are maintained at [docs.trade.xyz](https://docs.trade.xyz) and change over time. Check them there before sizing a position. All standard [order types](/orders/overview) work on xyz markets, and [Perp RFQ](/perp-rfq) brings block liquidity to many of them. For how markets are organized on Hyperdash, see [Markets and Assets](/markets-assets). # Shortcuts Source: https://docs.hyperdash.com/shortcuts Button shortcuts on the trading interface Button shortcuts are available on the trading interface. A list of them can be found here and in the top right of Hyperdash. ![Image](https://mintcdn.com/hd-ebefeca3/baqVkhv0tNyIDneT/images/image.png?fit=max\&auto=format\&n=baqVkhv0tNyIDneT\&q=85\&s=7030da7476c5f29a48b5337f8f14432a) # Spot Trading Source: https://docs.hyperdash.com/spot-trading Buy and sell assets outright on USDC-quoted spot markets that settle to your wallet. Spot trading on Hyperdash means buying and selling the asset itself, not a contract tied to its price. Every spot market is quoted in USDC and trades 24/7, and what you buy you own: spot purchases settle on-chain to your wallet and can be sent or transferred out. ## How spot balances work * Buys are funded from your spot USDC balance. Sells draw on the token balance you hold: you can only sell what you own. * Balance reserved by a resting order shows as held and cannot be used by other orders until that order fills or is canceled. * The trade panel shows your available USDC and available token balance, with **Deposit** and **Perps to Spot** shortcuts. USDC moves freely between your perps and spot accounts through the transfer modal (unified accounts share one balance and skip this step). * Your holdings appear in the Balances table with amount, available, value, entry price, and PNL, plus actions to **Send**, **Transfer**, or set a TP/SL on a holding. ## Placing a spot order **1. Pick a spot market** Select a spot pair, for example HYPE/USDC, in the asset selector. **2. Choose an order type** Market and Limit are top-level tabs. The **Pro** dropdown adds Scale, Chase, TWAP, Chase TWAP, Swarm, VWAP, POV, and Iceberg, plus the conditional types Stop Limit and Stop Market. **3. Set side and size** Choose Buy or Sell, then size in the token or in USD, or use the slider to size as a percentage of your available balance. The panel shows order value, estimated slippage, and your maker and taker fee rates. **4. Submit** Market and limit buys can first attach Take Profit and Stop Loss triggers, by price or by gain and loss in % or \$. TP/SL exits execute as market orders. Each order type has its own reference page: start with the [Order Types overview](/orders/overview), or jump to [Market](/orders/market), [Limit](/orders/limit), [Scale](/orders/scale), [Conditional](/orders/conditional), [Chase](/orders/chase), [TWAP](/orders/twap), [Chase TWAP](/orders/chase-twap), [Swarm](/orders/swarm), [VWAP](/orders/vwap), [POV](/orders/pov), or [Iceberg](/orders/iceberg). ## Settings | Parameter | Description and options | Default | | - | - | - | | Max slippage | Caps how far a spot market-style fill can move against you. Click the **Est / Max** slippage readout in the order form to adjust. | 8% | | Take Profit / Stop Loss | Optional on market and limit buys. Triggers by price, or by gain and loss in % or \$. | Off | Minimum order value is \$10. Order types that split into multiple orders, such as Scale, TWAP, Swarm, and Iceberg, require each child order to clear the same minimum. ## Spot vs perps | | Spot | Perps | | - | - | - | | Ownership | You own the asset; it settles to your wallet | Contract exposure only | | Direction | Buy, or sell what you hold | Long or short | | Leverage | None; orders are fully funded | Varies by market | | Funding | None | Accrues hourly | | Liquidation | None | Possible on leveraged positions | ## FAQ > **Can I short on spot?** > > No. Spot sells are limited to the balance you hold. For short exposure, use a perp market: see the [Trading Guide](/trading-guide). > **How do I fund my spot balance?** > > Deposit directly, or transfer USDC from your perps account with the **Perps to Spot** button. See [Onboarding and Deposits](/onboarding-deposits). > **Do spot trades pay funding?** > > No. Funding applies only to perpetuals. Spot costs are the maker and taker fee rates shown in the order form; see [Fees, Referrals and Rewards](/fees-referrals-rewards). > **Can I set a TP/SL on tokens I already hold?** > > Yes. Use the TP/SL action in the Balances table to attach Take Profit or Stop Loss triggers to an existing holding. > [!NOTE] > > Tokens reserved by resting orders are held: they cannot be sold or sent until the order fills or is canceled. The panel warns you when an existing order is already using part of a balance. # Telegram Flows Channel Source: https://docs.hyperdash.com/telegram-flows Real-time market alerts streamed to Telegram: liquidations, large TWAPs, open interest, volume, and funding surges, plus a daily market summary. Hyperdash Flows is our public Telegram channel for real-time market alerts, generated directly from node-level Hyperliquid data. Every alert is computed server-side against per-market baselines and posted the moment it triggers, with links back to the relevant chart, asset page, or wallet on Hyperdash. **Join the channel: [t.me/hyperdashflows](https://t.me/hyperdashflows)** ## Market tiers Alert thresholds scale by market tier. The tiers referenced throughout this page: | Tier | Markets | | - | - | | Majors | BTC, ETH | | Large alts | SOL, XRP, DOGE, HYPE | | HIP3 Markets | Stocks, indices, and commodities | | Alts | Every other perp market | ## Liquidations Posts every liquidation with notional value of \$50,000 or more, in real time. Red marks a liquidated long, green a liquidated short. ## TWAP Started Posts when a new TWAP order begins on a market. | Parameter | Value | | - | - | | Minimum notional | \$50M majors, \$25M large alts, \$10M all other markets | | Survival requirement | The order must remain active for 60 seconds before posting. Orders cancelled within 60 seconds never post | ## OI Surge Tracks open interest in 5-minute windows and compares each change against the average absolute change of the previous 20 windows (100 minutes). | Parameter | Value | | - | - | | Trigger multiple | 8x the rolling average (6x for HIP3 Markets) | | Minimum move | \$25M majors, \$10M large alts, \$5M HIP3 Markets and alts | | Activity minimum | The market's rolling average change must exceed \$2M (majors), \$1M (large alts), or \$500K (HIP3/alts), so inactive books cannot alert off a single order | | Cooldown | One post per market per 30 minutes | ## Volume Surge Detects abnormal 5-minute volume bursts. Crypto markets are measured against their short-term rolling average; HIP3 Markets are measured against their trailing 24-hour pace, which absorbs the normal open and close volume cycle so only genuinely abnormal sessions post. | Parameter | Value | | - | - | | Crypto trigger | 10x the average of the previous 20 windows, with minimum volume of \$150M (majors), \$50M (large alts), or \$25M (alts) | | HIP3 trigger | 15x the market's average 5-minute volume over the trailing 24 hours, with a \$25M minimum | | Included data | Each post shows the buy/sell imbalance of the window | | Cooldown | One post per market per 30 minutes | ## Funding Surge Each market is measured against its own funding history, so a market that always runs hot cannot alert repeatedly, while a normally calm market alerts on moves that would be routine elsewhere. | Parameter | Value | | - | - | | Trigger level | The market's 98th percentile of hourly funding (annualized) over the trailing 30 days, with a 30% APR minimum | | Onset requirement | Funding must have spent the previous 6 hours below half the trigger level, so only sudden moves post | | Reset | After posting, the market cannot post again until funding falls back below half its trigger level | | Eligibility | \$25M+ 24-hour volume, \$5M+ open interest, and at least 7 days of funding history | ## Daily Market Summary A single digest posted every day at 9:00 AM EST: * 24-hour volume, liquidation, and open interest totals with day-over-day change * The latest Hyperdash News headline * Earnings on tradeable HIP3 equity markets, covering upcoming after-close reports and everything reported since the prior close * Top 3 gainers and losers by 24-hour price change (markets with \$10M+ open interest) * Top 3 traders by 24-hour realized PnL and the 3 biggest liquidations * The highest and lowest funding rates with their deviation from the 7-day average (markets with \$10M+ open interest) * Positioning of all four trader PnL cohorts with day-over-day change > [!NOTE] > > Thresholds are reviewed and tuned as markets evolve. This page reflects the current production values. # Tradeable Markets Source: https://docs.hyperdash.com/tradeable-markets Every crypto perpetual and every xyz market listed on Hyperdash, with a link to each asset page. Hyperdash lists 178 crypto perpetual markets and 115 xyz (HIP-3) markets spanning equities, indices, commodities, and FX. Every symbol below links to its live asset page with price, chart, analytics, and trading. Listings expand regularly: the in-app asset search always shows the current universe. ## Crypto perpetuals [0G](https://hyperdash.com/asset/0G), [2Z](https://hyperdash.com/asset/2Z), [AAVE](https://hyperdash.com/asset/AAVE), [ACE](https://hyperdash.com/asset/ACE), [ADA](https://hyperdash.com/asset/ADA), [AERO](https://hyperdash.com/asset/AERO), [AIXBT](https://hyperdash.com/asset/AIXBT), [ALGO](https://hyperdash.com/asset/ALGO), [ALT](https://hyperdash.com/asset/ALT), [ANIME](https://hyperdash.com/asset/ANIME), [APE](https://hyperdash.com/asset/APE), [APEX](https://hyperdash.com/asset/APEX), [APT](https://hyperdash.com/asset/APT), [AR](https://hyperdash.com/asset/AR), [ARB](https://hyperdash.com/asset/ARB), [ASTER](https://hyperdash.com/asset/ASTER), [ATOM](https://hyperdash.com/asset/ATOM), [AVAX](https://hyperdash.com/asset/AVAX), [AVNT](https://hyperdash.com/asset/AVNT), [AXS](https://hyperdash.com/asset/AXS), [AZTEC](https://hyperdash.com/asset/AZTEC), [BABY](https://hyperdash.com/asset/BABY), [BANANA](https://hyperdash.com/asset/BANANA), [BCH](https://hyperdash.com/asset/BCH), [BERA](https://hyperdash.com/asset/BERA), [BIGTIME](https://hyperdash.com/asset/BIGTIME), [BIO](https://hyperdash.com/asset/BIO), [BLUR](https://hyperdash.com/asset/BLUR), [BNB](https://hyperdash.com/asset/BNB), [BOME](https://hyperdash.com/asset/BOME), [BRETT](https://hyperdash.com/asset/BRETT), [BSV](https://hyperdash.com/asset/BSV), [BTC](https://hyperdash.com/asset/BTC), [CAKE](https://hyperdash.com/asset/CAKE), [CASHCAT](https://hyperdash.com/asset/CASHCAT), [CC](https://hyperdash.com/asset/CC), [CELO](https://hyperdash.com/asset/CELO), [CFX](https://hyperdash.com/asset/CFX), [CHIP](https://hyperdash.com/asset/CHIP), [COMP](https://hyperdash.com/asset/COMP), [CRV](https://hyperdash.com/asset/CRV), [DASH](https://hyperdash.com/asset/DASH), [DOGE](https://hyperdash.com/asset/DOGE), [DOT](https://hyperdash.com/asset/DOT), [DYDX](https://hyperdash.com/asset/DYDX), [DYM](https://hyperdash.com/asset/DYM), [EIGEN](https://hyperdash.com/asset/EIGEN), [ENA](https://hyperdash.com/asset/ENA), [ENS](https://hyperdash.com/asset/ENS), [ETC](https://hyperdash.com/asset/ETC), [ETH](https://hyperdash.com/asset/ETH), [ETHFI](https://hyperdash.com/asset/ETHFI), [FARTCOIN](https://hyperdash.com/asset/FARTCOIN), [FET](https://hyperdash.com/asset/FET), [FIL](https://hyperdash.com/asset/FIL), [FOGO](https://hyperdash.com/asset/FOGO), [GALA](https://hyperdash.com/asset/GALA), [GAS](https://hyperdash.com/asset/GAS), [GMT](https://hyperdash.com/asset/GMT), [GMX](https://hyperdash.com/asset/GMX), [GOAT](https://hyperdash.com/asset/GOAT), [GRAM](https://hyperdash.com/asset/GRAM), [GRASS](https://hyperdash.com/asset/GRASS), [GRIFFAIN](https://hyperdash.com/asset/GRIFFAIN), [HBAR](https://hyperdash.com/asset/HBAR), [HEMI](https://hyperdash.com/asset/HEMI), [HMSTR](https://hyperdash.com/asset/HMSTR), [HYPE](https://hyperdash.com/asset/HYPE), [HYPER](https://hyperdash.com/asset/HYPER), [ICP](https://hyperdash.com/asset/ICP), [IMX](https://hyperdash.com/asset/IMX), [INIT](https://hyperdash.com/asset/INIT), [INJ](https://hyperdash.com/asset/INJ), [IO](https://hyperdash.com/asset/IO), [IOTA](https://hyperdash.com/asset/IOTA), [JTO](https://hyperdash.com/asset/JTO), [JUP](https://hyperdash.com/asset/JUP), [KAITO](https://hyperdash.com/asset/KAITO), [KAS](https://hyperdash.com/asset/KAS), [LAYER](https://hyperdash.com/asset/LAYER), [LDO](https://hyperdash.com/asset/LDO), [LINEA](https://hyperdash.com/asset/LINEA), [LINK](https://hyperdash.com/asset/LINK), [LIT](https://hyperdash.com/asset/LIT), [LTC](https://hyperdash.com/asset/LTC), [MANTA](https://hyperdash.com/asset/MANTA), [ME](https://hyperdash.com/asset/ME), [MEGA](https://hyperdash.com/asset/MEGA), [MELANIA](https://hyperdash.com/asset/MELANIA), [MEME](https://hyperdash.com/asset/MEME), [MERL](https://hyperdash.com/asset/MERL), [MET](https://hyperdash.com/asset/MET), [MINA](https://hyperdash.com/asset/MINA), [MNT](https://hyperdash.com/asset/MNT), [MON](https://hyperdash.com/asset/MON), [MOODENG](https://hyperdash.com/asset/MOODENG), [MORPHO](https://hyperdash.com/asset/MORPHO), [MOVE](https://hyperdash.com/asset/MOVE), [NEAR](https://hyperdash.com/asset/NEAR), [NEO](https://hyperdash.com/asset/NEO), [NIL](https://hyperdash.com/asset/NIL), [NOT](https://hyperdash.com/asset/NOT), [NXPC](https://hyperdash.com/asset/NXPC), [ONDO](https://hyperdash.com/asset/ONDO), [OP](https://hyperdash.com/asset/OP), [ORDI](https://hyperdash.com/asset/ORDI), [PAXG](https://hyperdash.com/asset/PAXG), [PENDLE](https://hyperdash.com/asset/PENDLE), [PENGU](https://hyperdash.com/asset/PENGU), [PEOPLE](https://hyperdash.com/asset/PEOPLE), [PNUT](https://hyperdash.com/asset/PNUT), [POL](https://hyperdash.com/asset/POL), [POLYX](https://hyperdash.com/asset/POLYX), [PONS](https://hyperdash.com/asset/PONS), [POPCAT](https://hyperdash.com/asset/POPCAT), [PROVE](https://hyperdash.com/asset/PROVE), [PUMP](https://hyperdash.com/asset/PUMP), [PURR](https://hyperdash.com/asset/PURR), [PYTH](https://hyperdash.com/asset/PYTH), [RENDER](https://hyperdash.com/asset/RENDER), [RESOLV](https://hyperdash.com/asset/RESOLV), [REZ](https://hyperdash.com/asset/REZ), [RSR](https://hyperdash.com/asset/RSR), [RUNE](https://hyperdash.com/asset/RUNE), [S](https://hyperdash.com/asset/S), [SAGA](https://hyperdash.com/asset/SAGA), [SAND](https://hyperdash.com/asset/SAND), [SEI](https://hyperdash.com/asset/SEI), [SKR](https://hyperdash.com/asset/SKR), [SKY](https://hyperdash.com/asset/SKY), [SNX](https://hyperdash.com/asset/SNX), [SOL](https://hyperdash.com/asset/SOL), [SOPH](https://hyperdash.com/asset/SOPH), [SPX](https://hyperdash.com/asset/SPX), [STABLE](https://hyperdash.com/asset/STABLE), [STBL](https://hyperdash.com/asset/STBL), [STRK](https://hyperdash.com/asset/STRK), [STX](https://hyperdash.com/asset/STX), [SUI](https://hyperdash.com/asset/SUI), [SUPER](https://hyperdash.com/asset/SUPER), [SUSHI](https://hyperdash.com/asset/SUSHI), [SYRUP](https://hyperdash.com/asset/SYRUP), [TAO](https://hyperdash.com/asset/TAO), [TIA](https://hyperdash.com/asset/TIA), [TNSR](https://hyperdash.com/asset/TNSR), [TRB](https://hyperdash.com/asset/TRB), [TRUMP](https://hyperdash.com/asset/TRUMP), [TRX](https://hyperdash.com/asset/TRX), [TURBO](https://hyperdash.com/asset/TURBO), [UMA](https://hyperdash.com/asset/UMA), [UNI](https://hyperdash.com/asset/UNI), [USELESS](https://hyperdash.com/asset/USELESS), [USUAL](https://hyperdash.com/asset/USUAL), [VIRTUAL](https://hyperdash.com/asset/VIRTUAL), [VVV](https://hyperdash.com/asset/VVV), [W](https://hyperdash.com/asset/W), [WCT](https://hyperdash.com/asset/WCT), [WIF](https://hyperdash.com/asset/WIF), [WLD](https://hyperdash.com/asset/WLD), [WLFI](https://hyperdash.com/asset/WLFI), [XAI](https://hyperdash.com/asset/XAI), [XLM](https://hyperdash.com/asset/XLM), [XMR](https://hyperdash.com/asset/XMR), [XPL](https://hyperdash.com/asset/XPL), [XRP](https://hyperdash.com/asset/XRP), [YGG](https://hyperdash.com/asset/YGG), [ZEC](https://hyperdash.com/asset/ZEC), [ZEN](https://hyperdash.com/asset/ZEN), [ZETA](https://hyperdash.com/asset/ZETA), [ZK](https://hyperdash.com/asset/ZK), [ZORA](https://hyperdash.com/asset/ZORA), [ZRO](https://hyperdash.com/asset/ZRO), [kBONK](https://hyperdash.com/asset/kBONK), [kFLOKI](https://hyperdash.com/asset/kFLOKI), [kLUNC](https://hyperdash.com/asset/kLUNC), [kNEIRO](https://hyperdash.com/asset/kNEIRO), [kPEPE](https://hyperdash.com/asset/kPEPE), [kSHIB](https://hyperdash.com/asset/kSHIB) ## Equities and other markets [AAOI](https://hyperdash.com/asset/AAOI), [AAPL](https://hyperdash.com/asset/AAPL), [AMAT](https://hyperdash.com/asset/AMAT), [AMD](https://hyperdash.com/asset/AMD), [AMZN](https://hyperdash.com/asset/AMZN), [ARM](https://hyperdash.com/asset/ARM), [ASML](https://hyperdash.com/asset/ASML), [AVGO](https://hyperdash.com/asset/AVGO), [BABA](https://hyperdash.com/asset/BABA), [BB](https://hyperdash.com/asset/BB), [BE](https://hyperdash.com/asset/BE), [BIRD](https://hyperdash.com/asset/BIRD), [BMNR](https://hyperdash.com/asset/BMNR), [BOT](https://hyperdash.com/asset/BOT), [BX](https://hyperdash.com/asset/BX), [CAMBRICON](https://hyperdash.com/asset/CAMBRICON), [CBRS](https://hyperdash.com/asset/CBRS), [COIN](https://hyperdash.com/asset/COIN), [COST](https://hyperdash.com/asset/COST), [CRCL](https://hyperdash.com/asset/CRCL), [CRWD](https://hyperdash.com/asset/CRWD), [CRWV](https://hyperdash.com/asset/CRWV), [CVX](https://hyperdash.com/asset/CVX), [CXMT](https://hyperdash.com/asset/CXMT), [DELL](https://hyperdash.com/asset/DELL), [DKNG](https://hyperdash.com/asset/DKNG), [EBAY](https://hyperdash.com/asset/EBAY), [GEV](https://hyperdash.com/asset/GEV), [GIGADEV](https://hyperdash.com/asset/GIGADEV), [GLW](https://hyperdash.com/asset/GLW), [GME](https://hyperdash.com/asset/GME), [GOOGL](https://hyperdash.com/asset/GOOGL), [HIMS](https://hyperdash.com/asset/HIMS), [HO](https://hyperdash.com/asset/HO), [HOOD](https://hyperdash.com/asset/HOOD), [HYUNDAI](https://hyperdash.com/asset/HYUNDAI), [IBM](https://hyperdash.com/asset/IBM), [INTC](https://hyperdash.com/asset/INTC), [IREN](https://hyperdash.com/asset/IREN), [KIOXIA](https://hyperdash.com/asset/KIOXIA), [KORU](https://hyperdash.com/asset/KORU), [KSTR](https://hyperdash.com/asset/KSTR), [LITE](https://hyperdash.com/asset/LITE), [LLY](https://hyperdash.com/asset/LLY), [LRCX](https://hyperdash.com/asset/LRCX), [LYTE](https://hyperdash.com/asset/LYTE), [MAGS](https://hyperdash.com/asset/MAGS), [META](https://hyperdash.com/asset/META), [MINIMAX](https://hyperdash.com/asset/MINIMAX), [MRNA](https://hyperdash.com/asset/MRNA), [MRVL](https://hyperdash.com/asset/MRVL), [MSFT](https://hyperdash.com/asset/MSFT), [MSTR](https://hyperdash.com/asset/MSTR), [MU](https://hyperdash.com/asset/MU), [NBIS](https://hyperdash.com/asset/NBIS), [NCLD](https://hyperdash.com/asset/NCLD), [NET](https://hyperdash.com/asset/NET), [NFLX](https://hyperdash.com/asset/NFLX), [NOK](https://hyperdash.com/asset/NOK), [NOW](https://hyperdash.com/asset/NOW), [NVDA](https://hyperdash.com/asset/NVDA), [ORCL](https://hyperdash.com/asset/ORCL), [OURA](https://hyperdash.com/asset/OURA), [PLTR](https://hyperdash.com/asset/PLTR), [PURRDAT](https://hyperdash.com/asset/PURRDAT), [QCOM](https://hyperdash.com/asset/QCOM), [QNT](https://hyperdash.com/asset/QNT), [RDDT](https://hyperdash.com/asset/RDDT), [RIVN](https://hyperdash.com/asset/RIVN), [RKLB](https://hyperdash.com/asset/RKLB), [SHAZ](https://hyperdash.com/asset/SHAZ), [SHEIN](https://hyperdash.com/asset/SHEIN), [SKHX](https://hyperdash.com/asset/SKHX), [SKHY](https://hyperdash.com/asset/SKHY), [SMSN](https://hyperdash.com/asset/SMSN), [SNDK](https://hyperdash.com/asset/SNDK), [SNXX](https://hyperdash.com/asset/SNXX), [SOFTBANK](https://hyperdash.com/asset/SOFTBANK), [SOXL](https://hyperdash.com/asset/SOXL), [SPCX](https://hyperdash.com/asset/SPCX), [STRC](https://hyperdash.com/asset/STRC), [TLT](https://hyperdash.com/asset/TLT), [TSLA](https://hyperdash.com/asset/TSLA), [TSM](https://hyperdash.com/asset/TSM), [TWST](https://hyperdash.com/asset/TWST), [UMC](https://hyperdash.com/asset/UMC), [UNITREE](https://hyperdash.com/asset/UNITREE), [USAR](https://hyperdash.com/asset/USAR), [WDC](https://hyperdash.com/asset/WDC), [XBI](https://hyperdash.com/asset/XBI), [ZHIPU](https://hyperdash.com/asset/ZHIPU), [ZM](https://hyperdash.com/asset/ZM) ## Indices and ETFs [DRAM](https://hyperdash.com/asset/DRAM), [EWJ](https://hyperdash.com/asset/EWJ), [EWT](https://hyperdash.com/asset/EWT), [EWY](https://hyperdash.com/asset/EWY), [EWZ](https://hyperdash.com/asset/EWZ), [JP225](https://hyperdash.com/asset/JP225), [KR200](https://hyperdash.com/asset/KR200), [SMH](https://hyperdash.com/asset/SMH), [SP500](https://hyperdash.com/asset/SP500), [URNM](https://hyperdash.com/asset/URNM), [XLE](https://hyperdash.com/asset/XLE), [XYZ100](https://hyperdash.com/asset/XYZ100) ## Commodities [BRENTOIL](https://hyperdash.com/asset/BRENTOIL), [CL](https://hyperdash.com/asset/CL), [COPPER](https://hyperdash.com/asset/COPPER), [GOLD](https://hyperdash.com/asset/GOLD), [NATGAS](https://hyperdash.com/asset/NATGAS), [PALLADIUM](https://hyperdash.com/asset/PALLADIUM), [PLATINUM](https://hyperdash.com/asset/PLATINUM), [SILVER](https://hyperdash.com/asset/SILVER) ## FX [EUR](https://hyperdash.com/asset/EUR), [GBP](https://hyperdash.com/asset/GBP), [JPY](https://hyperdash.com/asset/JPY) > [!NOTE] > > List as of October 16, 2026. Spot markets are listed separately on each asset page. See [Markets and Asset Pages](/hyperdash/markets-assets) for how the catalog is organized. # Trading Indicators Source: https://docs.hyperdash.com/trading-indicators Liquidation and Stop Loss Heatmaps and live trading feed. ### **Liquidation and Stop Loss Heatmaps** Hyperdash supports the most advanced and granular liquidation heatmaps of any platform Filter by listed asset and time frame to see key levels of liquidations (available in 5m, 15m, 1h and 1d timeframes). Hyperdash supports 3 different types of heatmap: ### **Live** See the current live liquidations and stops of current open positions and limit orders. Additionally you can zoom in and click on any horizontal bar level to see an overview of the top liquidations or stops at that level. ### **Depth** See a granular overview of cumulative long or short liquidations and stops on both the long and short side. Again, you can zoom in and inspect specific levels for an overview of the top positions at each level. You can also toggle between a coin based or dollar based representation of the cumulative amounts. ### Historical See a historical overview of precise liquidations and stop losses at each level of price. You can also select the colour scheme that best suits your visual preference to see areas of contrast. You can also click on any block of orders to see the liquidations and stop losses present at that time. The colour key scale on the left side indicates the associated size at any level. [YouTube video player](https://www.youtube.com/embed/Ndot_nI2PpY) ### Live Feeds Instead of the Orderbook, traders can choose to see a view of live trades or live liquidations, filterable by minimum size to view. # Trader Explore Source: https://docs.hyperdash.com/wallet-explore Discover, filter, and track trader wallets on Hyperdash. Explore is Hyperdash's trader discovery hub. Browse every wallet trading on Hyperliquid markets, filter the universe down to the traders that matter to you, and track them from a single sidebar. ## Explore sections * **Cohorts**: traders grouped by all-time PnL and by wallet size, with positioning for each group. See [Cohorts, Top Traders and Position Changes](/cohorts-top-traders-position-changes). * **Copytrading**: the best wallets to copy, ranked by copy score and ROI. See [Copy Trade](/copy-trade). * **Tagged**: known traders and funds, labeled for convenience. * **Leaderboard**: top performers, including per-asset leaderboards. * **Global**: the full trader universe with filters. ## Filtering global traders | Filter | Description and options | Default | | - | - | - | | Time period | 1d, 7d, 30d, or All | 7d | | Account value | Minimum and maximum account value in USD | Any | | PNL | Minimum and maximum net profit and loss in USD | Any | | Trading style | All, Algo, Scalp, Intraday, Swing, Position | All | | Copy score | Range from 0 to 100 | 0 to 100 | Results show each trader's PnL, equity, total trades, win rate, Sharpe ratio, max drawdown, leverage, margin utilization, and traded assets. ## Tracking wallets **1. Track a wallet** Hit **Track** on any trader row in Explore, on the Top Traders table in the terminal, or from a trader profile. **2. Name it and file it** Give the wallet an alias and save it to a group. Every account starts with a **Main** group, and you can create new groups with a custom name and color. **3. Manage your groups** Rename wallets, move them between groups, or untrack them at any time. Groups can be shared by link, and a shared group opens read-only until the viewer clones it to their own account. **4. Watch the feed** Activity from tracked wallets streams into the **Tracked** feed in the trading terminal and the Recent Activity panel in the Explore sidebar. Filter the feed by group, direction, open or close, and notional size. > [!NOTE] > > Sign in to use tracking: tracked wallets and groups are saved to your Hyperdash account so they follow you across devices. For how tracked wallet activity relates to platform notifications, see [Alerts and Inbox](/alerts-inbox). # Widgets Source: https://docs.hyperdash.com/widgets Every widget you can add to a layout, and how to link widgets so they follow the same asset or watchlist. Widgets are the panels that make up a [layout](/layouts). Open the **Add Widget** drawer, search or browse by category, and drag one onto the grid. ## Charts | Widget | Description | | - | - | | Price Chart | The full trading chart for a market, with drawing tools and indicators. | | Liquidations Chart | Liquidation heatmap showing where leveraged positions get forced out. See [Trading indicators](/trading-indicators). | | Stops Chart | Stop loss heatmap showing where clusters of stops sit. | | Historical Funding Rate | Funding rate over time for a perp market, for spotting persistent long or short pressure. | | Cohort Heatmap | Cohort positioning across markets in a single grid, so you can see at a glance which groups are long or short where. | | Price heatmap | Price performance across a set of assets, sized and coloured by move. | ## Feed | Widget | Description | | - | - | | Orderbook | Live bids and asks for the linked market, with depth. | | Orderbook (Node) | The orderbook sourced directly from a Hyperliquid node. | | Trades | Live trade prints for the linked market. | | News | Real-time headlines. Click a ticker pill on a headline to trade it inline with [Quick Trade](/quicktrade). | ## Portfolio | Widget | Description | | - | - | | Positions | Your open positions, with entry, liquidation price, size, and unrealized PnL. | | Balances | Your balances across perps and spot. | | Open Orders | Your resting orders, cancellable from the table. | | TWAP | Your own running TWAP orders and their progress. | | Current TWAPs | Other traders' active TWAPs on the market you are viewing. | | Fills | Your individual executions. | | History | Your completed trading history. | | Transfers | Deposits, withdrawals, and transfers in and out of your account. | | Copytrade | Your active copy trading relationships and their performance. See [Copy Trading](/copy-trade). | | Watchlist | The assets you have starred. Doubles as a source that other widgets can follow, covered below. | ## Alpha | Widget | Description | | - | - | | Top Traders | The largest positions on the market, with entry, liquidation price, PnL, and copy score. | | Cohorts | How each trader cohort is positioned on the market, by PnL tier and by wallet size. | | Position Changes | How trader positions shifted over a window from 15 minutes to 7 days. | | Tracked | Live activity from the wallets you track. See [Wallet tracking](/wallet-explore). | For what the Alpha widgets show in depth, see [Cohorts, Top Traders and Position Changes](/cohorts-top-traders-position-changes). ## Tools | Widget | Description | | - | - | | Quick Trade | One-click preset-size buttons that fire orders instantly. See [Quick Trade](/quicktrade). | ## Widget linking By default each widget shows whatever asset it was pointed at. Linking ties widgets together so that changing the asset in one changes it in all of them, which is what turns a pile of widgets into a working terminal. ### Link groups There are six link groups, each with a colour. Open the link menu in a widget header and pick a colour to add that widget to the group. | Group | Colour | | - | - | | 1 | Blue | | 2 | Yellow | | 3 | Purple | | 4 | Red | | 5 | Orange | | 6 | Teal | Every widget in the same group follows the same asset. Put a price chart, an orderbook, and a trades feed in Blue and they move together. Put a second set in Yellow and you can watch two markets side by side without either one disturbing the other. Widgets that are not linked to anything can be set to **None**, so they stay where you point them regardless of what the rest of the layout is doing. ### Target **Target** is a separate, unnumbered role. A widget set to Target follows the asset you are actively trading rather than a colour group. Only the Price Chart and Quick Trade can hold the Target role. ### Following a watchlist Linking is not limited to a single asset. The **Watchlist** and **Price heatmap** widgets can act as the source for a group, in which case they pass a whole list of assets to the widgets following them instead of one ticker. This is how you drive a layout from a list: star the assets you care about, point the rest of the layout at the Watchlist, and the widgets that consume a list will work through your whole watchlist rather than a single market. > [!NOTE] > > Not every widget can be linked. Widgets showing your own account data, such as Positions, Balances, and Fills, are always about you rather than a market, so they have nothing to follow.