Hyperliquid Trading & Analysis

Hyperliquid Trading Skill

Full trading and portfolio management for Hyperliquid perpetual futures exchange.

Prerequisites

Install dependencies once:

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:

HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs balance

View positions with P&L:

HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs positions

Check open orders:

HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs orders

View trade history:

HYPERLIQUID_ADDRESS=0x... node scripts/hyperliquid.mjs fills

Get price for a coin:

node scripts/hyperliquid.mjs price BTC

Trading Operations

All trading commands require HYPERLIQUID_PRIVATE_KEY.

Place limit orders:

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):

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:

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:

node scripts/hyperliquid.mjs meta

Query other addresses:

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