Placing Orders
Trading Modes
Personal: Trade with your own balance Vault: Trade with investor capital
All orders execute on Hyperliquid L1.
Prerequisites
Connected wallet
Authorized agent wallet
Builder fee approval
USDC balance (wallet or vault)
Order Types
Market Order
Executes immediately at best available price. Unfilled portions are canceled.
Use for: Guaranteed execution, speed over price precision
Limit Order
Executes only at specified price or better. Remains active until filled or canceled.
Use for: Price control, waiting for favorable price
Post-Only Order
Only executes if it would add liquidity to the order book. Rejected if it would take liquidity.
Use for: Earning maker rebates, avoiding taker fees
Personal Trading
1. Select Asset
Click asset selector and choose your trading pair (BTC, ETH, SOL, etc.)
2. Configure Order
Select Order Type (Market/Limit/Post-Only)
Select Side (Buy/Sell)
Enter Size
Set Price (for limit and post-only orders)
Toggle Reduce Only (if closing position)
3. Submit
Review details
Check margin requirements
Click Submit Order
Agent signs and sends to Hyperliquid automatically.
4. Monitor
View order status in Orders tab:
Submitted
Sent to exchange
Resting
Active, waiting for fill
Filled
Completely executed
Canceled
Manually or system canceled
Vault Trading
Additional safety checks apply.
1. Select Vault
Toggle Vault Mode
Select vault from dropdown
Verify status is ACTIVE
2. Pre-Trade Checks
Automatic verification before each trade:
Vault not paused
Vault not closed
Deal deadline not passed
Sufficient balance
Balance data is current
Order rejected if any check fails.
3. Submit Order
Same as personal trading. Orders use up to 80% of vault balance (20% reserve for safety).
Reduce-Only Orders
Purpose: Close position without opening new one
Behavior:
Only executes if reducing existing position
Rejected if no position exists
Cannot increase position size
Modifying Orders
Resting limit orders can be modified:
Find order in Orders tab
Click Modify
Change price or size
Submit
Note: This cancels original order and places new one.
Canceling Orders
Find order in Orders tab
Click Cancel
Confirm
Cancellations are free.
Fees
Orders are subject to Hyperliquid exchange fees plus minimal platform fees.
Maker (adding liquidity): May receive rebate Taker (taking liquidity): Standard fee
Troubleshooting
Insufficient balance
Deposit USDC (personal) or reduce size (vault)
Vault paused
Risk limits breached, positions closed
Order rejected
Check vault status, balance, agent authorization
Size too large
Reduce order size, check position limits
Best Practices
Risk management:
Start with small sizes
Use limit orders for price control
Use reduce-only for closing positions
Vault trading:
Monitor drawdown limits
Keep safety buffer (don't use full balance)
Check status before large trades
Order types:
Market for urgency
Limit for precision
Post-Only for providing liquidity
Next Steps
Last updated