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/how-it-works.md. Full documentation index: https://hypertake.net/llms.txt

Get started · Overview

How Hypertake works

You, your wallet, Hypertake and Hyperliquid: who does what in every trade

Every trade involves four parties: you, your wallet, Hypertake (the interface in your browser) and Hyperliquid (the blockchain that holds the money and runs the markets). Hypertake prepares orders and shows you the markets; Hyperliquid executes, matches and settles them.

Where each piece lives
Youdecide and confirm
Your walletMetaMask or WalletConnect
Hypertakethe interface, in your browser
Hyperliquidholds funds, matches, settles

Hypertake talks to Hyperliquid's public API directly from your browser. Your balance and positions live on Hyperliquid, under your own address.

The two keys

Hyperliquid accepts two kinds of signatures for your account, and Hypertake uses each for different things.

KeyWhere it livesWhat it signsWhat it can't do
Your walletYour wallet app (MetaMask, a WalletConnect wallet)Turning on trading, approving the builder fee, every withdrawalNothing is signed without your confirmation in the wallet
The trading keyYour browser, encrypted, made on this deviceOrders and cancels, leverage and margin changesWithdraw or transfer funds (those need your wallet)

The trading key is what lets an order go through in one click instead of a wallet pop-up each time. You approve it once with your wallet; it expires after 179 days, and you can turn it off. See The trading key.

What happens when you buy

Buying Yes on an outcome market
1
You → HypertakeChoose Yes and an amount, then press Buy
2
HypertakeReads the order book and works out the shares and worst priceshown before you confirm
3
Hypertake → HyperliquidSends the order, signed by your trading keyfill now or cancel, no resting order
4
HyperliquidMatches it against sellers on the book
5
Hyperliquid → HypertakeReturns the fill: shares bought, average price
6
Hypertake → YouShows the result and your new position

Nothing in this flow passes through Hypertake's server. The order goes from your browser to Hyperliquid.

What Hypertake's server does

Hypertake runs a small server for things a browser can't do alone: it sends a ready-made snapshot of the markets so the first page appears instantly, and it delivers alerts (when a market you hold settles, for example). It stores your wallet address and sign-in session for those alerts, and nothing that can move money. See What we store.

Last updated