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 โ 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) |
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 โ sets leverage โ places order โ reports fill]
Result: "โ Bought 0.0002 BTC at $95,432 with 5x leverage. Position opened."
User: "Long NVIDIA with $50, 10x"
Agent: [auto-detects NVIDIA = xyz:NVDA โ executes โ verifies]
Result: "โ Bought 0.25 NVDA at $198.50 with 10x leverage. Filled at $198.62."
User: "Sell my ETH position"
Agent: [checks position size โ closes โ reports PnL]
Result: "โ 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.
Agent Behavior Guidelines
๐ค As the agent, you should ALWAYS do these automatically (never ask the user):
- Check available funds - Use
hl_total_balance before EVERY trade to see total available margin
- Detect asset type - Recognize if user wants crypto (BTC, ETH, SOL) or stocks/RWA (NVIDIAโxyz:NVDA, TESLAโxyz:TSLA)
- Set leverage - Always call
hl_leverage before placing orders (unless user specifies not to)
- Verify fills - After placing ANY order, immediately call
hl_fills to check if it filled
- Report results - Tell user the outcome: filled price, size, and any PnL
- Suggest risk management - For leveraged positions, remind users about stop losses or offer to set them
๐ฏ User just says: "buy X" or "sell Y" or "long Z with $N"
๐ง 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
๐ Balance checking hierarchy:
- โ
Use
hl_total_balance - shows ACTUAL available margin regardless of account mode
- โ Don't use
hl_account for balance - may show $0 even if funds available
- โ Don't use
hl_balances for margin - only shows spot tokens
๐ 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
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 โ 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 โ Perp
hl_transfer_usd(amount=500, to_perp=false) # Perp โ 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)
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
- Known crypto โ use plain name:
"BTC", "ETH", "SOL", "DOGE", "HYPE", etc.
- Known stock/commodity/forex โ use
xyz: prefix: "xyz:NVDA", "xyz:TSLA", "xyz:GOLD", etc.
- Unsure โ resolve with tool calls:
- First try
hl_market(coin="X") โ 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 โ Metals |
xyz:GOLD, xyz:SILVER, xyz:COPPER, xyz:PLATINUM, xyz:PALLADIUM, xyz:ALUMINIUM |
| Commodities โ Energy |
xyz:CL (WTI), xyz:BRENTOIL, xyz:NATGAS, xyz:TTF (EU Gas) |
| Commodities โ Agriculture |
xyz:CORN, xyz:WHEAT |
| Commodities โ 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.
โ ๏ธ 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 โ Same Tools
All existing tools work with xyz:TICKER โ 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"
- Recognize NVIDIA = stock โ use
xyz:NVDA
hl_market(coin="xyz:NVDA") โ Check current price, leverage limits
hl_leverage(coin="xyz:NVDA", leverage=3) โ Set leverage (builder perps use isolated margin)
hl_order(coin="xyz:NVDA", side="buy", size=0.5, price=188) โ Place limit buy
hl_fills() โ Check if filled
Notes
- Builder perps (HIP-3) use isolated margin only โ
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
Common Workflows
Query Commodity Prices
User: "What's the gold price?" or "Show me commodity prices" or "Oil price?"
Name โ Symbol mapping:
- Metals: GOLDโ
xyz:GOLD, SILVERโxyz:SILVER, COPPERโxyz:COPPER, PLATINUMโxyz:PLATINUM, PALLADIUMโxyz:PALLADIUM, ALUMINIUMโxyz:ALUMINIUM
- Energy: WTI/Crude Oilโ
xyz:CL, Brentโxyz:BRENTOIL, Natural Gasโxyz:NATGAS, EU Gasโxyz:TTF
- Agriculture: Cornโ
xyz:CORN, Wheatโxyz:WHEAT
- Other: Uraniumโ
xyz:URANIUM
Steps:
- Map commodity name โ HIP-3 symbol using the table above
hl_candles(coin="xyz:GOLD", interval="1h", lookback=24) โ Get 24h of hourly candles
- Current price = last candle's
close
- 24h change =
(last_close - first_open) / first_open * 100
- Repeat for each commodity as needed
Do NOT use hl_market() for commodities โ 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 โ warn the user before trading these.
Trade Crypto Perps (BTC, ETH, SOL, etc.)
User: "Buy BTC" or "Long ETH with 5x"
Agent workflow:
hl_total_balance() โ Check available funds
hl_leverage(coin="BTC", leverage=5) โ Set leverage
hl_order(...) โ Place order
hl_fills() โ Verify fill and report result
Trade Stocks/RWA (NVIDIA, TESLA, GOLD, etc.)
User: "Buy NVIDIA" or "Short TESLA"
Agent workflow:
- Detect asset type โ Convert "NVIDIA" to "xyz:NVDA"
hl_total_balance() โ Check available funds
hl_leverage(coin="xyz:NVDA", leverage=10) โ Set leverage
hl_order(coin="xyz:NVDA", ...) โ Place order
hl_fills() โ Verify fill and report result
Close Positions
User: "Close my BTC position"
Agent workflow:
hl_account() โ Get current position size
hl_order(coin="BTC", side="sell", size=X, reduce_only=true) โ Close position
hl_fills() โ Report PnL
Spot Trading
User: "Buy 100 HYPE tokens"
Agent workflow:
hl_total_balance() โ Check available USDC
hl_spot_order(coin="HYPE", side="buy", size=100) โ Buy tokens
hl_balances() โ Verify purchase
Deposit/Withdraw Funds
Deposit:
User: "Deposit $500 USDC to Hyperliquid"
Agent: hl_deposit(amount=500) โ Done
Withdraw:
User: "Withdraw $100 to my Arbitrum wallet"
Agent: hl_withdraw(amount=100) โ Done (5 min, 1 USDC fee)
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 |
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
- Order Placement: Place a dormant trigger order with a trigger price
- Monitoring: Order sits inactive, watching the market price
- Trigger: When market price reaches
trigger_px, order activates
- 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