Hyperliquid Trading & Analysis

# Hyperliquid Trading Skill

Full trading and portfolio management for Hyperliquid perpetual futures exchange.

## Prerequisites

Install dependencies once:

```bash cd skills/hyperliquid/scripts && npm install ```

## Authentication

**For read-only operations (balance, positions, prices):** - Set `HYPERLIQUID_ADDRESS` environment variable - No private key needed

**For trading operations:** - Set `HYPERLIQUID_PRIVATE_KEY` environment variable - Address derived automatically from private key

**Testnet:** - Set `HYPERLIQUID_TESTNET=1` to use testnet

## Core Operations

### Portfolio Monitoring

**Check balance:** ```bash HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs balance ```

**View positions with P&L:** ```bash HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs positions ```

**Check open orders:** ```bash HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs orders ```

**View trade history:** ```bash HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs fills ```

**Get price for a coin:** ```bash node scripts/hyperliquid.mjs price BTC ```

### Trading Operations

All trading commands require `HYPERLIQUID_PRIVATE_KEY`.

**Place limit orders:** ```bash # Buy 0.1 BTC at $45,000 HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs buy BTC 0.1 45000

# Sell 1 ETH at $3,000 HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs sell ETH 1 3000 ```

**Market orders (with 5% slippage protection):** ```bash # Market buy 0.5 BTC HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs market-buy BTC 0.5

# Market sell 2 ETH HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs market-sell ETH 2 ```

**Cancel orders:** ```bash # Cancel specific order HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs cancel BTC 12345

# Cancel all orders HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs cancel-all

# Cancel all orders for specific coin HYPERLIQUID_PRIVATE_KEY=0x... node scripts/hyperliquid.mjs cancel-all BTC ```

## Output Formatting

All commands output JSON. Parse and format for chat display:

**For balance/portfolio:** - Show total equity, available balance - List positions with size, entry price, unrealized P&L - Summarize open orders

**For trade execution:** - Confirm order details before executing - Report order ID and status after execution - Show filled price if immediately executed

## Safety Guidelines

**Before executing trades:** 1. Confirm trade parameters with user (coin, size, direction, price) 2. Show current price and position for context 3. Calculate estimated cost/proceeds

**Position sizing:** - Warn if trade is >20% of account equity - Suggest appropriate sizes based on account balance

**Price checks:** - For limit orders, compare limit price to current market price - Warn if limit price is >5% away from market (likely mistake)

## Error Handling

**Common errors:** - "Address required" → Set HYPERLIQUID_ADDRESS or HYPERLIQUID_PRIVATE_KEY - "Private key required" → Trading needs HYPERLIQUID_PRIVATE_KEY - "Unknown coin" → Check available coins with `meta` command - HTTP errors → Check network connection and API status

**When errors occur:** - Show the error message to user - Suggest fixes (set env vars, check coin names, verify balance) - Don't retry trades automatically

## Workflow Examples

**"How's my Hyperliquid portfolio?"** 1. Run `balance` to get total equity 2. Run `positions` to get open positions 3. Format summary: equity, positions with P&L, total unrealized P&L

**"Buy 0.5 BTC on Hyperliquid"** 1. Run `price BTC` to get current price 2. Run `balance` to verify sufficient funds 3. Confirm with user: "Buy 0.5 BTC at market? Current price: $X. Estimated cost: $Y" 4. Execute `market-buy BTC 0.5` 5. Report order result

**"What's the current BTC price on Hyperliquid?"** 1. Run `price BTC` 2. Format response: "BTC: $X on Hyperliquid"

**"Close my ETH position"** 1. Run `positions` to get current ETH position size 2. If long → market-sell, if short → market-buy 3. Execute with position size 4. Report result

## Advanced Features

**List all available coins:** ```bash node scripts/hyperliquid.mjs meta ```

**Query other addresses:** ```bash # Check someone else's positions (read-only, public data) node scripts/hyperliquid.mjs positions 0x1234... ```

## Notes

- All sizes are in base currency (BTC, ETH, etc.) - Prices are in USD - Market orders use limit orders with 5% slippage protection - Hyperliquid uses perpetual futures, not spot trading - Check references/api.md for full API documentation