How to Join Hyperliquid

What is HyperLiquid

Hyperliquid is a blockchain designed for decentralized finance (DeFi), offering low fees and high performance. It features a decentralized exchange (DEX) with up to 50x leverage, transparent on-chain order books, and zero gas fees. Built on the HyperEVM, it supports fast, user-created applications. Its consensus, HyperBFT, ensures quick transactions (200k per second) and low block times (0.2 seconds), enabling innovation.

What is $HYPE Token

The HYPE token is Hyperliquid's governance token. It empowers the community to govern and secure the platform. Recently, Hyperliquid airdropped over $2 billion in HYPE tokens—making it one of the most valuable and well-maintained airdrops in crypto history, with no external investors involved. If you missed airdrop then do not worry you can still buy it from Hyperliquid. It's just getting started.

How to Start Trading

To start trading on Hyperliquid, you can either use a regular DeFi wallet or log in with your email address.

What do I need to trade on Hyperliquid?

If you choose to use a normal DeFi wallet, you'll need:

• An EVM wallet (MetaMask, WalletConnect, etc.)
• USDC and ETH on Arbitrum

Make sure to use native Arbitrum USDC (not USDC.e).

How do I onboard to Hyperliquid?

If you're logging in with email:

• Click the "Connect" button, enter your email.
• Check your email for a 6-digit code and log in.
• Deposit USDC by sending it to your new blockchain address.

If using a DeFi wallet:

• Connect your EVM wallet via the "Connect" button.
• Enable trading and deposit USDC onto Hyperliquid.

How do I place a trade on Hyperliquid?

With perpetual contracts, use USDC as collateral to long or short tokens.

Choose your token, set your position size, and confirm the order to start trading.

How do I bridge USDC onto Hyperliquid?

Bridge ETH and USDC to the Arbitrum network. You can use:

• The Arbitrum Bridge at https://bridge.arbitrum.io/
• Squid Router at https://app.squidrouter.com/
• Centralized exchanges (if already using one)

Remember, native Arbitrum USDC is required, not USDC.e.

How do I withdraw USDC from Hyperliquid?

To withdraw USDC, click the “Withdraw” button on the trading platform, enter your amount, and confirm the transaction. There’s a $1 withdrawal fee.

Connect Mobile via QR Code

To connect your mobile device:

• On your phone, click the "Connect" button and select the option "Link Desktop Wallet." You will be prompted to activate your camera and scan a QR code.
• On your desktop, click the PC+mobile icon in the top right of the navigation bar and sign the pop-up in your wallet extension. A QR code will appear.
• Use your phone camera to scan the QR code.
• Now you can trade on the go with your phone.

Export Your Email Wallet

As a reminder, the Hyperliquid bridge contract only accepts native Arbitrum USDC sent over Arbitrum. If you accidentally send the wrong asset to your DeFi wallet:

• Make sure you are logged in with the same email address.
• Click "Export Email Wallet" in the settings dropdown in the navigation bar.
• Follow the steps in the pop-up to copy your private key.
• Import your private key into the wallet extension of your choice.

Vaults

On Hyperliquid, vaults are a powerful and flexible primitive built into the Hyperliquid L1. Strategies running on vaults benefit from the same advanced features as the DEX, from liquidations of overleveraged accounts to high throughput market making strategies. No more depositing into vaults that simply rebalance two tokens.

Anyone can deposit into a vault to earn a share of the profits: DAOs, protocols, institutions, or individuals. In exchange, the vault owner receives 10% of the total profits. Note: Protocol vaults do not have any fees or profit share.

Vaults can be managed by an individual trader or automated by a market maker. Of course, all strategies come with their own risk, and users should assess the risks and performance history of a vault before depositing.

Hyperliquid Ecosystem Links