> ## Documentation index
> Fetch the complete documentation index at: https://hypertake.net/llms.txt
> Use this file to discover all available pages before exploring further.

# How Hypertake works

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

Source: https://hypertake.net/docs/how-it-works · Last updated: 2026-10-17

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**

You (decide and confirm) → Your wallet (MetaMask or WalletConnect) → Hypertake (the interface, in your browser) → Hyperliquid (holds 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.

| Key | Where it lives | What it signs | What it can't do |
| --- | --- | --- | --- |
| **Your wallet** | Your wallet app (MetaMask, a WalletConnect wallet) | Turning on trading, approving the builder fee, every withdrawal | Nothing is signed without your confirmation in the wallet |
| **The trading key** | Your browser, encrypted, made on this device | Orders and cancels, leverage and margin changes | Withdraw 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](https://hypertake.net/docs/security/trading-key.md).

## What happens when you buy

**Buying Yes on an outcome market**

Participants: You, Hypertake, Hyperliquid.

1. You → Hypertake: Choose Yes and an amount, then press Buy
2. Hypertake → Hypertake: Reads the order book and works out the shares and worst price (shown before you confirm)
3. Hypertake → Hyperliquid: Sends the order, signed by your trading key (fill now or cancel, no resting order)
4. Hyperliquid → Hyperliquid: Matches it against sellers on the book
5. Hyperliquid → Hypertake: Returns the fill: shares bought, average price
6. Hypertake → You: Shows 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](https://hypertake.net/docs/security/what-we-store.md).

> **Tip: If Hypertake were offline**
> Your money and positions would still be on Hyperliquid, under your address. You could see and close them with any other Hyperliquid interface, including Hyperliquid's own app. See [If Hypertake is offline](https://hypertake.net/docs/security/if-hypertake-is-offline.md).

- [Quickstart](https://hypertake.net/docs/quickstart.md): Put this into practice with a first trade.
- [Every signature you're asked for](https://hypertake.net/docs/security/signatures.md): Each wallet prompt, what it allows, and why.