Hyperliquid Trading

Trade perpetual futures and spot tokens on Hyperliquid, a fully on-chain decentralized exchange. Orders are signed using this agent's EVM wallet and submitted directly to the Hyperliquid L1.

Prerequisites

Before trading, the wallet policy must be active. Load the wallet-policy skill and propose the standard wildcard policy (deny key export + allow *). This covers all Hyperliquid operations — USDC deposits, EIP-712 order signing, and withdrawals.

Available Tools

Account & Market Info

Tool	What it does
hl_total_balance	Check how much you can trade with (use this for balance checks!)
hl_account	See your open positions and PnL
hl_balances	See your token holdings (USDC, HYPE, etc.)
hl_market	Get current prices for crypto or stocks
hl_orderbook	Check order book depth and liquidity
hl_fills	See recent trade fills and execution prices
hl_candles	Get price charts (1m, 5m, 1h, 4h, 1d)
hl_funding	Check funding rates for perps
hl_open_orders	See pending orders

Trading

Tool	What it does
hl_order	Buy or sell perps (crypto/stocks)
hl_spot_order	Buy or sell spot tokens
hl_tpsl_order	Place stop loss or take profit orders
hl_leverage	Set leverage (1x to asset max)
hl_cancel	Cancel a specific order
hl_cancel_all	Cancel all open orders
hl_modify	Change order price or size

Funds

Tool	What it does
hl_deposit	Add USDC from Arbitrum (min $5)
hl_withdraw	Send USDC to Arbitrum (1 USDC fee, ~5 min)
hl_transfer_usd	Move USDC between spot/perp (rarely needed)

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Quick Start

Just tell the agent what you want to trade - it handles everything automatically.

Examples:

User: "Buy $20 of Bitcoin with 5x leverage"
Agent: [checks balance → sets leverage → places order → reports fill]
Result: "✓ Bought 0.0002 BTC at $95,432 with 5x leverage. Position opened."

User: "Long NVIDIA with $50, 10x"
Agent: [auto-detects NVIDIA = xyz:NVDA → executes → verifies]
Result: "✓ Bought 0.25 NVDA at $198.50 with 10x leverage. Filled at $198.62."

User: "Sell my ETH position"
Agent: [checks position size → closes → reports PnL]
Result: "✓ Sold 0.5 ETH at $3,421. Realized PnL: +$12.50"

You don't need to:

• Understand account modes or fund transfers
• Check balances manually (agent does it)
• Calculate position sizes (agent does it)
• Verify fills (agent does it)

Just say what you want, the agent handles the rest.

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Agent Behavior Guidelines

🤖 As the agent, you should ALWAYS do these automatically (never ask the user):

1. Check available funds - Use hl_total_balance before EVERY trade to see total available margin
2. Detect asset type - Recognize if user wants crypto (BTC, ETH, SOL) or stocks/RWA (NVIDIA→xyz:NVDA, TESLA→xyz:TSLA)
3. Set leverage - Always call hl_leverage before placing orders (unless user specifies not to)
4. Verify fills - After placing ANY order, immediately call hl_fills to check if it filled
5. Report results - Tell user the outcome: filled price, size, and any PnL
6. Suggest risk management - For leveraged positions, remind users about stop losses or offer to set them

🎯 User just says: "buy X" or "sell Y" or "long Z with $N"

🔧 You figure out:

• Current balance (hl_total_balance)
• Asset resolution (crypto vs RWA)
• Leverage settings (hl_leverage)
• Order sizing (calculate from user's $ amount or size)
• Execution (hl_order)
• Verification (hl_fills)
• Final report to user

📊 Balance checking hierarchy:

• ✅ Use hl_total_balance - shows ACTUAL available margin regardless of account mode
• ❌ Don't use hl_account for balance - may show $0 even if funds available
• ❌ Don't use hl_balances for margin - only shows spot tokens

🚀 Be proactive, not reactive:

• Don't wait for user to ask "did it fill?" - check automatically
• Don't ask "should I check your balance?" - just do it
• Don't explain account modes - user doesn't care, just execute

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Tool Usage Examples

Check Account State

hl_account()              # Default crypto perps account
hl_account(dex="xyz")     # Builder dex (RWA/stock perps) account

Returns marginSummary (accountValue, totalMarginUsed, withdrawable) and assetPositions array with each position's coin, szi (signed size), entryPx, unrealizedPnl, leverage.

Important: Builder perps (xyz:NVDA, xyz:TSLA, etc.) have separate clearinghouses. Always check the correct dex when trading RWA/stock perps.

Check Spot Balances

hl_balances()

Returns balances array with coin, hold, total for USDC and all spot tokens.

Check Market Prices

hl_market()                  # All mid prices
hl_market(coin="BTC")        # BTC price + metadata (maxLeverage, szDecimals)

Place a Perp Limit Order

hl_order(coin="BTC", side="buy", size=0.01, price=95000)

Places a GTC limit buy for 0.01 BTC at $95,000.

Place a Perp Market Order

hl_order(coin="ETH", side="sell", size=0.1)

Omitting price submits an IoC order at mid price +/- 3% slippage.

Place a Post-Only Order

hl_order(coin="BTC", side="buy", size=0.01, price=94000, order_type="alo")

ALO (Add Liquidity Only) = post-only. Rejected if it would immediately fill.

Place a Stop Loss Order

hl_tpsl_order(coin="BTC", side="sell", size=0.01, trigger_px=90000, tpsl="sl")

Automatically sells 0.01 BTC if the price drops to $90,000. Executes as market order when triggered.

For a limit order when triggered (instead of market):

hl_tpsl_order(coin="BTC", side="sell", size=0.01, trigger_px=90000, tpsl="sl", is_market=false, limit_px=89900)

Place a Take Profit Order

hl_tpsl_order(coin="ETH", side="sell", size=0.5, trigger_px=3500, tpsl="tp")

Automatically sells 0.5 ETH if the price rises to $3,500. Executes as market order when triggered.

Close a Perp Position

hl_order(coin="BTC", side="sell", size=0.01, reduce_only=true)

Use reduce_only=true to ensure it only closes, never opens a new position.

Place a Spot Order

hl_spot_order(coin="HYPE", side="buy", size=10, price=25.0)

Spot orders use the same interface — just specify the token name.

Cancel an Order

hl_cancel(coin="BTC", order_id=12345678)

Get order_id from hl_open_orders.

Cancel All Orders

hl_cancel_all()              # Cancel everything
hl_cancel_all(coin="BTC")    # Cancel only BTC orders

Modify an Order

hl_modify(order_id=12345678, coin="BTC", side="buy", size=0.02, price=94500)

Set Leverage

hl_leverage(coin="BTC", leverage=10)               # 10x cross margin
hl_leverage(coin="ETH", leverage=5, cross=false)    # 5x isolated margin

Transfer USDC (rarely needed)

hl_transfer_usd(amount=1000, to_perp=true)     # Spot → Perp
hl_transfer_usd(amount=500, to_perp=false)      # Perp → Spot

Note: Usually not needed - funds are automatically shared. Only use if you get an error saying you need to transfer.

Withdraw USDC to Arbitrum

hl_withdraw(amount=100)                              # Withdraw to own wallet
hl_withdraw(amount=50, destination="0xABC...")        # Withdraw to specific address

Fee: 1 USDC deducted by Hyperliquid. Processing takes ~5 minutes.

Deposit USDC from Arbitrum

hl_deposit(amount=500)

Sends USDC from the agent's Arbitrum wallet to the Hyperliquid bridge contract. Minimum deposit: 5 USDC. Requires USDC balance on Arbitrum.

Get Candles

hl_candles(coin="BTC", interval="1h", lookback=48)

Intervals: 1m, 5m, 15m, 1h, 4h, 1d. Lookback in hours.

Check Funding Rates

hl_funding()                 # All predicted fundings
hl_funding(coin="BTC")       # BTC predicted + 24h history

Get Recent Fills

hl_fills(limit=10)

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Coin vs RWA Resolution

When a user asks to trade a ticker, you need to determine whether it's a native crypto perp (use plain name) or an RWA/stock perp (use xyz:TICKER prefix).

Decision Workflow

1. Known crypto → use plain name: "BTC", "ETH", "SOL", "DOGE", "HYPE", etc.
2. Known stock/commodity/forex → use xyz: prefix: "xyz:NVDA", "xyz:TSLA", "xyz:GOLD", etc.
3. Unsure → resolve with tool calls:
   • First try hl_market(coin="X") — if it returns a price, it's a crypto perp
   • If not found, try hl_market(dex="xyz") to list all RWA markets and search the results
   • Use whichever returns a match

Common RWA Categories (all use xyz: prefix)

Category	Examples
US Stocks	xyz:NVDA, xyz:TSLA, xyz:AAPL, xyz:MSFT, xyz:AMZN, xyz:GOOG, xyz:META, xyz:TSM
Commodities — Metals	xyz:GOLD, xyz:SILVER, xyz:COPPER, xyz:PLATINUM, xyz:PALLADIUM, xyz:ALUMINIUM
Commodities — Energy	xyz:CL (WTI), xyz:BRENTOIL, xyz:NATGAS, xyz:TTF (EU Gas)
Commodities — Agriculture	xyz:CORN, xyz:WHEAT
Commodities — Other	xyz:URANIUM
Indices	xyz:SPY
Forex	xyz:EUR, xyz:GBP, xyz:JPY

If a user says "buy NVDA" or "trade GOLD", use xyz:NVDA / xyz:GOLD. These are real-world assets, not crypto.

⚠️ HIP-3 Commodity Price Lookup

All 13 commodity markets are HIP-3 builder-deployed perps. Their symbols use the xyz: prefix (e.g. xyz:GOLD, xyz:CL), NOT standard formats like XAU, XAG, or WTI.

Full commodity list: GOLD, SILVER, COPPER, PLATINUM, PALLADIUM, ALUMINIUM, CL (WTI crude), BRENTOIL, NATGAS, TTF (EU gas), CORN, WHEAT, URANIUM.

Key gotcha: HIP-3 assets are NOT included in allMids (the standard price feed). This means:

• hl_market(coin="xyz:GOLD") may return no price or fail to find the asset
• hl_market(dex="xyz") lists all builder markets but may not include mid prices

The reliable way to get commodity prices is hl_candles:

# Get latest gold price (use 1h candles, lookback=24 for 24h data)
hl_candles(coin="xyz:GOLD", interval="1h", lookback=24)

# Get latest copper price
hl_candles(coin="xyz:COPPER", interval="1h", lookback=24)

# Get latest silver price
hl_candles(coin="xyz:SILVER", interval="1h", lookback=24)

The close field of the most recent candle = current price. The oldest candle's open vs latest close gives 24h change.

Prefixed Name — Same Tools

All existing tools work with xyz:TICKER — just pass the prefixed coin name:

hl_market(coin="xyz:NVDA")                                    # Check NVIDIA stock perp price
hl_market(dex="xyz")                                           # List ALL available RWA/stock perps
hl_orderbook(coin="xyz:NVDA")                                 # Check liquidity
hl_leverage(coin="xyz:NVDA", leverage=3)                      # Set leverage (auto-isolated)
hl_order(coin="xyz:NVDA", side="buy", size=0.5, price=188)    # Limit buy 0.5 NVDA
hl_order(coin="xyz:TSM", side="buy", size=1)                  # Market buy 1 TSM
hl_cancel(coin="xyz:NVDA", order_id=12345678)                 # Cancel order

Example: User Says "Buy NVIDIA"

1. Recognize NVIDIA = stock → use xyz:NVDA
2. hl_market(coin="xyz:NVDA") — Check current price, leverage limits
3. hl_leverage(coin="xyz:NVDA", leverage=3) — Set leverage (builder perps use isolated margin)
4. hl_order(coin="xyz:NVDA", side="buy", size=0.5, price=188) — Place limit buy
5. hl_fills() — Check if filled

Notes

• Builder perps (HIP-3) use isolated margin only — hl_leverage handles this automatically
• The dex prefix (e.g. xyz) identifies which builder deployed the perp
• All tools (candles, orderbook, funding, etc.) work the same way with prefixed names

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Common Workflows

Query Commodity Prices

User: "What's the gold price?" or "Show me commodity prices" or "Oil price?"

Name → Symbol mapping:

• Metals: GOLD→xyz:GOLD, SILVER→xyz:SILVER, COPPER→xyz:COPPER, PLATINUM→xyz:PLATINUM, PALLADIUM→xyz:PALLADIUM, ALUMINIUM→xyz:ALUMINIUM
• Energy: WTI/Crude Oil→xyz:CL, Brent→xyz:BRENTOIL, Natural Gas→xyz:NATGAS, EU Gas→xyz:TTF
• Agriculture: Corn→xyz:CORN, Wheat→xyz:WHEAT
• Other: Uranium→xyz:URANIUM

Steps:

1. Map commodity name → HIP-3 symbol using the table above
2. hl_candles(coin="xyz:GOLD", interval="1h", lookback=24) — Get 24h of hourly candles
3. Current price = last candle's close
4. 24h change = (last_close - first_open) / first_open * 100
5. Repeat for each commodity as needed

Do NOT use hl_market() for commodities — HIP-3 assets are not in allMids. Always use hl_candles.

Liquidity note: CL (WTI) and BRENTOIL have the highest volume. ALUMINIUM, URANIUM, CORN, WHEAT, TTF may have zero or very low liquidity — warn the user before trading these.

Trade Crypto Perps (BTC, ETH, SOL, etc.)

User: "Buy BTC" or "Long ETH with 5x"

Agent workflow:

1. hl_total_balance() → Check available funds
2. hl_leverage(coin="BTC", leverage=5) → Set leverage
3. hl_order(...) → Place order
4. hl_fills() → Verify fill and report result

Trade Stocks/RWA (NVIDIA, TESLA, GOLD, etc.)

User: "Buy NVIDIA" or "Short TESLA"

Agent workflow:

1. Detect asset type → Convert "NVIDIA" to "xyz:NVDA"
2. hl_total_balance() → Check available funds
3. hl_leverage(coin="xyz:NVDA", leverage=10) → Set leverage
4. hl_order(coin="xyz:NVDA", ...) → Place order
5. hl_fills() → Verify fill and report result

Close Positions

User: "Close my BTC position"

Agent workflow:

1. hl_account() → Get current position size
2. hl_order(coin="BTC", side="sell", size=X, reduce_only=true) → Close position
3. hl_fills() → Report PnL

Spot Trading

User: "Buy 100 HYPE tokens"

Agent workflow:

1. hl_total_balance() → Check available USDC
2. hl_spot_order(coin="HYPE", side="buy", size=100) → Buy tokens
3. hl_balances() → Verify purchase

Deposit/Withdraw Funds

Deposit: User: "Deposit $500 USDC to Hyperliquid" Agent: hl_deposit(amount=500) → Done

Withdraw: User: "Withdraw $100 to my Arbitrum wallet" Agent: hl_withdraw(amount=100) → Done (5 min, 1 USDC fee)

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Order Types

Type	Parameter	Behavior
Limit (GTC)	order_type="limit"	Rests on book until filled or cancelled
Market (IoC)	omit price	Immediate-or-Cancel at mid +/- 3% slippage
Post-Only (ALO)	order_type="alo"	Rejected if it would cross the spread
Fill-or-Kill	order_type="ioc" + explicit price	Fill immediately at price or cancel
Stop Loss	hl_tpsl_order with tpsl="sl"	Triggers when price drops to limit losses
Take Profit	hl_tpsl_order with tpsl="tp"	Triggers when price rises to lock gains

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Stop Loss & Take Profit Orders

Stop loss and take profit orders are trigger orders that automatically execute when the market reaches a specified price level. Use these to manage risk and lock in profits without monitoring positions 24/7.

How They Work

1. Order Placement: Place a dormant trigger order with a trigger price
2. Monitoring: Order sits inactive, watching the market price
3. Trigger: When market price reaches trigger_px, order activates
4. Execution: Order executes immediately (as market or limit order)

Stop Loss (SL)

Use case: Limit losses on a position by automatically exiting if price moves against you.

Example: You're long BTC at $95,000 and want to exit if it drops below $90,000.

hl_tpsl_order(coin="BTC", side="sell", size=0.1, trigger_px=90000, tpsl="sl")

• trigger_px=90000: Activates when BTC drops to $90k
• side="sell": Closes your long position
• tpsl="sl": Marks this as a stop loss order