Gradual rollout. Hyperliquid perp trading is being released to users gradually. If you do not see setup or trading options in the app yet, go to Settings → Contact Us and ask to join the waitlist — we will enable access in batches.Fere connects your existing EVM wallet to Hyperliquid — the leading on-chain perpetuals exchange. Fund collateral from any chain, trade longs and shorts in chat with up to 50× leverage, manage positions from the wallet panel, and run automated Day or Swing strategies once you’re set up.
What Is This?
Hyperliquid is a decentralized perpetual futures venue. You trade BTC, ETH, SOL, and 100+ other assets with leverage, funding rates, and on-chain settlement — without leaving Fere. Fere handles the hard parts: linking an API trading key to your wallet, bridging USDC into HyperCore via Bridge2, executing orders through chat, and withdrawing back to any supported chain. Your EVM wallet address is your Hyperliquid account — there is no separate signup.What You Get
One-time setup + API wallet
Fere registers a managed API key so the agent can place perp orders on your behalf. Re-run or rotate keys anytime from Settings → Hyperliquid.
Fund from any chain
Pay with any token in your Fere holdings. We swap to native Arbitrum USDC and deposit via Hyperliquid Bridge2 (~1–3 minutes).
Trade in chat
Open and close positions, set leverage, attach TP/SL, check funding rates, and scale out with limit orders — all through natural language.
Wallet-native withdraw
Cash out USDC (Hyperliquid) from the wallet panel. Bridge back to Arbitrum, then optionally swap to USDC on Ethereum, Base, Polygon, or other supported chains.
Position tracking
Open perps and HyperCore USDC show under Assets with Hyperliquid branding. Tap a perp to open the market on Hyperliquid; use Sell to close or withdraw.
Strategy automation
Day Trading and Swing Trading strategies (Settings) require Hyperliquid funding before they can run scheduled perp checks.
Minimum Amounts & Fees
| Item | Amount | Notes |
|---|---|---|
| Minimum deposit (Fere) | $50 USD | Enforced in the Fund Hyperliquid modal and API. |
| Bridge2 protocol floor | $5 USDC | Hyperliquid’s on-chain minimum per Bridge2 transfer. Fere’s product minimum is higher ($50) for safety. |
| First-deposit activation | ~$1 USDC | HyperCore deducts a one-time activation fee on the first inbound transfer to a new EOA. Your tradable balance is slightly less than the gross deposit. |
| Minimum withdraw | $6 USD gross | 5 minimum net to Arbitrum. You cannot withdraw your exact full balance — leave room for the fee. |
| Minimum perp trade (chat) | ~$10.50 notional | size × price must meet this before the agent opens a position (small slippage buffer). |
Setup — Enable, Then Fund
Hyperliquid trading is a two-step flow: link the API wallet, then add USDC collateral.Open Fund Hyperliquid
Launch the setup modal from any of these entry points:
- Settings → Day Trading or Swing Trading — tap Fund Hyperliquid on the banner
- Wallet panel → Assets — when prompted for Hyperliquid collateral (strategy or trading flows)
Enable Hyperliquid trading
Click Enable. Fere queues a background task that registers a Fere-managed API wallet with Hyperliquid. This usually takes about a minute.If setup fails with a “not funded” error, continue to the fund step first — some accounts need an initial Bridge2 deposit before the API key can be approved.
Fund your perp account
On the Fund Hyperliquid screen:
- Pay with — pick any token from your holdings on a supported chain (Polymarket cash is excluded).
- Amount — enter at least $50 USD. The UI shows a conversion preview for your selected token.
- Confirm — Fere swaps to native Arbitrum USDC, sends it to Hyperliquid Bridge2, and waits for HyperCore credit.
First deposit timing. Bridge2 credits typically land in 1–3 minutes. The fund modal keeps polling until your account is ready. Withdrawals can take several minutes end-to-end (Hyperliquid settlement + optional swap to your destination chain).
Withdraw — From HyperCore Back to Your Wallet
Withdrawals are done from the wallet panel, not chat.Find USDC (Hyperliquid) in Assets
Open the wallet panel → Assets. Look for USDC (Hyperliquid) — this is your HyperCore collateral balance, not an open perp position.
Tap Sell / Withdraw
Click Sell on the USDC (Hyperliquid) row. The modal title reads Withdraw from Hyperliquid.
Choose amount and destination
- Enter at least 1 Hyperliquid fee and $5 net minimum).
- Pick a destination chain and token (e.g. USDC on Base or Ethereum). Fere bridges from HyperCore → Arbitrum, then swaps if needed.
Trade via Chat
Once funded, talk to the agent like you would a trading desk. The perp_trading skill handles Hyperliquid execution — opens, closes, leverage, TP/SL, funding analysis, and order management.What the agent can do
| You ask for… | What happens |
|---|---|
| Open a long or short | Confirms size, side, and leverage (default 1× cross), then submits a market order |
| Close a position | Full or partial close via close_perp_position |
| Take profit / stop loss on an existing position | Attaches reduce-only triggers — not a second position |
| Scale out at a limit price | Places a reduce-only limit order at your target |
| Change leverage or margin mode | Updates cross vs isolated per asset |
| Check funding rates | Surfaces who pays whom before you open |
| List positions & PnL | Reads holdings filtered to protocol == "Hyperliquid" |
Example prompts
Chat vs UI — quick reference
| Action | Where |
|---|---|
| First-time setup (API wallet) | Fund Hyperliquid modal → Enable |
| Deposit USDC collateral | Fund Hyperliquid modal |
| Withdraw USDC collateral | Wallet → USDC (Hyperliquid) → Sell |
| Open / close / TP/SL perps | Chat |
| Close perp from UI | Wallet → perp row → Sell |
| Manage API keys | Settings → Hyperliquid |
| Day / Swing automation | Settings (requires funded HL account) |
Automated Strategies
Day Trading and Swing Trading under Settings run scheduled checks against your Hyperliquid account. Each shows a Fund Hyperliquid CTA until setup and collateral are in place. These strategies use the same API wallet and collateral as manual chat trading. Keep enough USDC on HyperCore for margin, and review open positions in the wallet panel or by asking the agent.Troubleshooting
Setup failed — add funds first
Setup failed — add funds first
Error code HYPERLIQUID_NOT_FUNDED means Hyperliquid needs an initial Bridge2 deposit before the API wallet can be approved. Complete Fund Hyperliquid ($50+), then tap Re-run setup in Settings.
Deposit below $50 rejected
Deposit below $50 rejected
Fere enforces a **5 on-chain, but smaller amounts through Fere are blocked to avoid failed or uneconomical flows.
Withdraw below $6 rejected
Withdraw below $6 rejected
Minimum gross withdraw is 1 goes to Hyperliquid’s Bridge2 fee; at least $5 must reach Arbitrum. Try a higher amount or leave collateral on HyperCore for trading.
Chat says trade is too small
Chat says trade is too small
Perp opens need **~15 of BTC”) or increase leverage after confirming risk.
Position not showing after chat trade
Position not showing after chat trade
Hyperliquid writes are async. Wait ~5 seconds and ask again, or refresh holdings in the wallet panel. The agent may say “submitted” until read-back confirms the fill.
External API key on my address
External API key on my address
Settings lists all API wallets Hyperliquid recognizes for your EOA. Non-Fere keys show a warning. Fere cannot revoke third-party keys surgically — use Rotate on Fere-managed keys only, or manage external bots directly on Hyperliquid.
Related
- Wallet & Security — addresses, holdings, and the Assets panel
- Strategies — scheduled automation and strategy detail pages
- Credits — chat credits; on-chain execution is waived after verified trades complete

