How to use Hyperliquid: deposits, orders and withdrawals

With a wallet, use the platform access and choose Connect. Select your wallet and inspect the connection request. Enable Trading then asks for a gas-free signature to enable trading; that is not the subsequent deposit. Distinguish a session signature from a transaction moving assets.

The email route asks for an address and a six-digit verification code. Logging in does not itself fund the account. Keep control of the email and check which account is connected before copying a destination or depositing. Following these steps never requires handing a recovery phrase to a website.

• Check that USDC and the ETH needed for gas are on Arbitrum.
• Open Deposit and choose the method matching your funds and wallet.
• Review asset, network, amount and any displayed minimum before proceeding.
• Approve the wallet transaction and wait for the trading balance to update.

When withdrawing from an exchange, select the network accepted by that deposit method. Two addresses beginning with 0x are not interchangeable across chains. Hyperliquid documents additional assets and routes; do not substitute a generic HyperEVM address for the selected deposit destination. Funds intended for HyperCore trading must reach its relevant balance.

Separate the intended trading balance from the sending exchange’s withdrawal charge and gas. Having enough USDC does not complete a deposit if you lack the required ETH. If funds have not appeared, inspect the network, transaction hash and destination before repeating the transfer. Sending again without identifying the problem does not fix it.

For spot, identify the asset you receive and the currency you spend. If you want HYPE to hold or withdraw, continue with how to buy HYPE: a HYPE perpetual does not replace that purchase. Recognising the token symbol is not enough; check the selected market and product.

In perpetual trading, your balance backs a position. Exposure can exceed the margin committed. A size permitted by available balance is not necessarily appropriate for the amount you want to put at risk. Read spot versus futures before using the contract order form.

A market order prioritises execution over an exact price. A limit order specifies a boundary, but crossing the available book can still make it taker. Check side, quantity and price before submitting. An open order is not an open position: inspect trade history and the quantity actually filled.

After a partial fill, decide what to do with the remainder. Cancelling the unfilled part does not reverse completed trades. TWAP is available to spread larger execution over time, subject to price limits and book conditions. A small first order does not require that extra complexity.

Identify the market, choose a size you understand, review the summary and confirm. Then determine whether the result is an open order, a partial fill or a position. The market and limit order guide explains the mechanics independently of a particular screen.

Cross margin shares collateral within the applicable account scope; isolated margin allocates collateral to one position. Rules differ by market and account mode. Check the selected margin and notional. In a hypothetical example, 100 USDC at 3× represents 300 of exposure, not a 300 fee or a maximum loss established by that arithmetic.

Hyperliquid supports take profit and stop loss. TP/SL triggers reference mark price; market and limit exits have different execution risks. If an entry partially fills and you cancel its remainder, recheck any linked TP/SL: protection of the filled portion should not be assumed.

Monitor positions and open orders separately. Reducing exposure is not submitting a fresh order in the wrong direction: confirm the quantity and closing effect. After changing isolated collateral, recheck liquidation and available balance. Disconnecting the wallet does not close a position.

Published base rates are 0.015% maker and 0.045% taker for perpetuals, and 0.040% maker and 0.070% taker for spot. Tiers and exceptions apply; HIP-3 markets can include deployer-specific terms. Use the selected market’s fee rather than a number remembered from another contract.

Hypothetical execution example: opening 1,000 USDC notional as taker at 0.045% costs 0.45 USDC. Closing at the same notional and rate adds another 0.45. Crypto perpetual funding settles hourly and may be paid or received depending on its sign and your side; it is not fixed income. Add slippage and the costs of moving funds.

For an alternative workflow, read Hyperliquid vs Aster. If you plan to hold exposure, the funding guide is more useful than focusing exclusively on a small execution-fee difference.

• Identify free balance and the exposure you intend to keep.
• Choose Withdraw and the available route for the asset.
• Review network, recipient, displayed charge and net amount; the receiving account must support that asset and network.
• Complete the requested confirmation and retain the transaction identifier until receipt.

Closing a position does not necessarily remove all outstanding orders. Review conditional exits and entries you no longer want. Withdrawable funds depend on collateral needed by remaining positions; do not force a withdrawal without understanding what margin remains.

No universal charge or arrival time is promised here: the selected method and network determine the route. Explore other mechanisms in the DEX directory. For a USDT entry route and Pro trading, continue with getting started on Aster.