Hypertake is an independent web interface for Hyperliquid's HIP-4 prediction markets (outcomes) and perpetual futures. You connect your own wallet; every order is placed, matched and settled on Hyperliquid, and your money stays in your own Hyperliquid account. Hypertake is not affiliated with or endorsed by Hyperliquid. Markdown of this page: https://hypertake.net/docs/faq.md. Full documentation index: https://hypertake.net/llms.txt

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Frequently asked questions

Answers about Hypertake and Hyperliquid prediction markets: safety, fees, settlement, minimums, orders, KYC and HIP-4 vs Polymarket

Short, complete answers to the questions people ask most about Hypertake and Hyperliquid's HIP-4 prediction markets. Each links to the page with the full detail.

Safety and custody

Is Hypertake safe?

Hypertake is self-custodial: your money stays in your own Hyperliquid account and Hypertake can't withdraw or transfer it. Orders are signed by a trading key in your browser that Hyperliquid limits to trading; every withdrawal needs your wallet's signature. The risks that remain are the markets themselves, Hyperliquid's chain, the Relay bridge during deposits, and trusting the site's code to place only the orders you press. See Self-custody and Risks.

Who holds my money?

You do, on Hyperliquid. Your USDC balance, outcome shares and perps positions are recorded on Hyperliquid's blockchain under your wallet's address. Hypertake has no wallet or contract that holds user funds. See Self-custody.

Can Hypertake withdraw my funds?

No. A withdrawal on Hyperliquid is a user-signed action that needs your main wallet's signature, and Hypertake's withdrawal always sends to your own connected address. The trading key in your browser can place and cancel orders, but withdrawals and transfers aren't actions it can sign. See The trading key.

Why do I sign two messages to turn on trading?

On mainnet, the first approves Hypertake's builder fee (a maximum of 1%; Hyperliquid requires your main wallet to sign this). The second approves a trading key made in your browser, valid 179 days, so later orders need no wallet pop-up. Neither costs gas or moves money. A second browser asks only for the key. See Every signature.

What happens to my money if Hypertake shuts down?

Nothing. It's in your Hyperliquid account, and any Hyperliquid interface, including Hyperliquid's own app at app.hyperliquid.xyz, can show, close and withdraw it with the same wallet. Take profits and perps orders keep resting on Hyperliquid, and markets still settle. See If Hypertake is offline.

What does Hypertake know about me?

Your wallet address, a 30-day sign-in session for notifications, your notification history for 90 days and, if you turn on push alerts, your device's push subscription. No name, email or ID, and no analytics or trackers. See What Hypertake stores.

Fees and money

What does Hypertake charge?

A builder fee on the orders it sends: nothing on outcome buys, 1% on outcome sells (including a take profit that fills) and 0.1% on perps orders. Hyperliquid collects it at the fill. Deposits and withdrawals carry no Hypertake fee. See Fees.

Does Hyperliquid charge fees too?

Yes. Hyperliquid charges outcome fees only when you close or settle a position, not when you open one; perps have taker and maker fees by volume tier; withdrawals cost $1; and a brand-new account pays a one-time activation fee of about $1 on its first deposit. See Fees and Hyperliquid's fee page.

How do I deposit?

Press Deposit and send USDC or ETH from your wallet on Arbitrum One. Relay, a third-party bridge, carries it to your Hyperliquid account as USDC, usually within a minute. USDC needs two confirmations (an approval of exactly the amount, then the deposit); ETH needs one. Money on an exchange must first be withdrawn to your own wallet on Arbitrum. See Deposits.

How long does a withdrawal take?

A few minutes. Withdrawals use Hyperliquid's own bridge to Arbitrum, which Hyperliquid describes as taking about 3 to 5 minutes; the $1 fee is taken from the amount. Hypertake watches your wallet and tells you when it arrives. See Withdrawals.

What are the minimums?

An outcome order must be worth at least $1 (Hyperliquid's rule); the ticket starts at $10, but that's only a starting amount. A take profit must be worth at least $1 in all. A perps position starts at $10. A withdrawal must be at least $2. On the phone, a deposit must be at least $5, Relay's minimum; on desktop, an amount too small for Relay fails at the quote.

Do I need to move money between perps and outcomes?

No. Hypertake uses Hyperliquid's unified account: one USDC balance backs outcomes and perps. If your account was in standard mode (spot and perps apart), Hypertake switches it to one balance once, right after you turn on one-tap trading; nothing is moved. See Unified account.

Trading outcomes

What does a price of 40¢ mean?

A share costs 40¢ and pays $1 if its side wins, so the market as a whole puts the chance at about 40%. If you're right, each 40¢ share returns $1; if you're wrong, it returns nothing. See Price is the chance.

Why did my order not fill?

Outcome orders fill immediately or are cancelled; nothing is left waiting. The usual reasons are: nobody was selling at a price within 2% of the one shown ("Nothing on offer at that price right now. Nothing was bought or sold."), the order was under $1, your available USDC was too low, one-tap trading wasn't on, or your device's clock is off. If the app says "No reply from Hyperliquid yet", check your positions before trying again: it may have filled. See Buying shares.

Can I place a limit order to buy an outcome?

Not on Hypertake. Outcome buys and sells fill at once against the order book or are cancelled. The only order that waits on the book is a take profit: a sell of all your shares at the price you choose. See Take profit.

Can I cancel an order?

Outcome buys and sells don't rest, so there's nothing to cancel. A take profit can be cancelled from your position or from open orders (Portfolio → Open orders on desktop, Portfolio → Orders on the phone). Perps limit orders and triggers are cancelled with Cancel or Cancel all under Open orders. See Managing a position.

Can I sell before the market closes?

Yes, any time before the close, at what buyers are paying now (the bids). If nobody is buying, you can't sell until someone is, and you can hold to settlement instead. Hypertake's 1% fee applies to sells. See Selling shares.

Why did I get fewer shares than I expected?

Hyperliquid's outcome shares are whole numbers, so any amount too small for one more share stays in your balance. A large buy walks up the order book, so its average price is above the best price. And if only part of the amount was on offer, the rest is cancelled: the app tells you how many shares filled. See Buying shares.

Why does a market show "—" instead of a price?

Because nobody is really selling: the book is empty or its prices are too far apart to mean anything. Hypertake shows "—" rather than an invented price. On price markets, a faded figure may appear instead: an estimate from the underlying's price, its volatility and the time left, not a price you can buy at. See Reading a market.

What is my position worth?

What selling it into the order book would bring right now, not the midpoint and not what it will pay if it wins. Shares nobody is bidding for count as $0. That's how Hypertake values positions and your balance. See Positions.

Settlement

How does settlement work?

At the close, Hyperliquid converts each share by the market's result: a winning share becomes 1 USDC and a losing one becomes 0. Each market names its own settlement source and window, such as a Pyth price, the Hyperliquid perp trade price, the perp mark price or 1-minute candles, averaged over 60, 90 or 300 seconds (touch markets use 3 seconds). Each market's page shows its source under How it settles. See How markets settle.

When do I get paid?

Automatically, once Hyperliquid settles the market: winning shares turn into USDC in your balance with nothing to claim. At the close the market page shows Settling, then the result as soon as Hyperliquid reports it. See Payouts.

What if a market settles wrong?

Hypertake can't change a result. Recurring markets are settled by Hyperliquid's protocol on a fixed rule; most others are settled by the deployer that created them, by the rules of their template. Under Hyperliquid's rules, validators can slash a deployer's staked HYPE for markets settled incorrectly according to the template (Hyperliquid's announcement). Read a market's rules under How it settles before you trade. See Risks.

Can a market pay something other than $1 or $0?

Yes, some can. Yes/No price markets and the outcomes of a multi-outcome question settle to exactly $1 or $0, but Hyperliquid allows a standalone deployer market to settle to a fraction, such as 66¢ for Yes and 34¢ for No. Hypertake shows that as "Split". See Payouts.

Perps

How much leverage can I use?

Up to each market's own maximum, set by Hyperliquid (BTC's was 40× when these docs were written). The leverage slider runs from 1× to that market's maximum, and the liquidation price is drawn on the chart before you confirm. See Leverage and margin.

Can I lose more than I put in?

With isolated margin, a position is backed only by the margin you put in, so that margin is the most it can lose. With cross margin, your whole balance backs it, so losses can reach beyond what you meant for one position. The order form shows Most you can lose before you open. See Liquidation.

Can I practise without real money?

For perps, yes: switch to Hyperliquid's testnet in Settings (Account → Testnet on the phone). Outcomes trade on mainnet only. See Perps markets.

Account and access

Do I need to verify my identity (KYC)?

Not with Hypertake. It asks for no name, email, date of birth or ID document; your account is your wallet address. See What Hypertake stores.

Which wallets work?

On desktop: MetaMask, WalletConnect, OKX Wallet, Coinbase Wallet and other browser wallets that announce themselves (such as Rabby). On the phone: MetaMask and WalletConnect. Smart-contract wallets don't work, because Hyperliquid can't verify their signatures; Coinbase Wallet connects as a regular account for that reason. See Connect a wallet.

Can I use Hypertake in my country?

Not if you live in the United States or Ontario, are in a sanctioned territory, or are a sanctioned person: our Terms of Use exclude them, as Hyperliquid's own interface does, and some markets may be unavailable in further places. Elsewhere, these docs can't tell you what's legal where you live. Prediction markets and leveraged derivatives are regulated or restricted in some places, and the rules change; it's your responsibility to know and follow your local laws before you trade.

Why do I have to turn on trading again on a new device?

Each browser makes and approves its own trading key, and keys never leave the device they were made on. A new browser, or the Home Screen app on an iPhone, needs its own approval; the builder fee is per account, so it isn't asked again. See The trading key.

Does Hypertake work on my phone?

Yes. Open hypertake.net in your phone's browser for the phone app, and add it to your Home Screen for full screen and push alerts. Every buy and sell on the phone takes two taps to confirm. See The phone app.

How do I contact support?

Email support@hypertake.net; we're always available. Include your public wallet address and what happened, and never your recovery phrase. See Get support.

Hyperliquid and HIP-4

Is Hypertake part of Hyperliquid?

No. Hypertake is an independent interface, not affiliated with or endorsed by Hyperliquid. Hyperliquid runs the chain, the order books and settlement; Hypertake is one of several interfaces that support its HIP-4 markets. See What is Hypertake?.

What is HIP-4?

HIP-4 is the Hyperliquid upgrade that added outcome markets: fully collateralised contracts that settle within a fixed range, used for prediction markets. It went live on mainnet on 2 May 2026. See Hyperliquid and HIP-4.

How are HIP-4 markets different from Polymarket?

They're separate platforms with their own markets, rules, fees and resolution. HIP-4 markets run on Hyperliquid's own chain: the Yes and No sides share one order book, prices are in USDC, Hyperliquid charges outcome fees only when you close or settle, and the same USDC balance trades perps. Hypertake shows Polymarket's odds beside some crypto markets as a second opinion, read-only; you can't trade on Polymarket through Hypertake. For Polymarket's own rules, see its documentation.

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