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

# Buying shares

> How to buy Yes or No on a Hyperliquid prediction market with Hypertake, on desktop and phone, with every edge case

Source: https://hypertake.net/docs/outcomes/buying · Last updated: 2026-10-17

To buy, choose Yes or No, enter how many dollars to spend, and press **Buy**. Hypertake prices your order from the live order book at the moment you press and sends it to Hyperliquid as an order that **fills immediately or is cancelled**: you get shares at the prices on offer, or nothing, and no order is left waiting.

## Before you start

- **A connected wallet.** See [Connect a wallet](https://hypertake.net/docs/money/connect-a-wallet.md).
- **One-tap trading on.** On mainnet that's two wallet signatures once per browser: approving Hypertake's fee (a 1% maximum; buys carry none), then a trading key that can trade but can't withdraw. See [Turn on trading](https://hypertake.net/docs/money/turn-on-trading.md).
- **USDC available on Hyperliquid.** The same balance as perps. See [Deposits](https://hypertake.net/docs/money/deposit.md).
- **Mainnet.** Outcomes trade only on Hyperliquid mainnet. The phone refuses outcome orders while the perps testnet switch is on; the desktop sends them to mainnet regardless.

## Buy on desktop

1. **Open the market** From **Outcomes**, click a card. Pressing a card's Yes or No opens the market with that side chosen.
2. **Choose a side** Press **Buy Yes** or **Buy No**. The price on each button is that side's best ask.
   Result: The ticket opens with **$10** in the amount: a starting point, not a minimum.
3. **Set the amount** Type dollars, use **−** and **+** ($1 a press, $10 with Shift, faster when held) or the ↑ and ↓ keys, drag the slider over your available balance, or press **Max**.
   Result: Under the amount: "Buys 25 Yes at 40¢ avg". The summary updates as the book moves.
4. **Check the summary** **Average price**, **Shares**, **Pays if Yes wins**, **Profit if Yes wins** (dollars and percent) and **If Yes loses**.
5. **Press Buy** The button reads **Buy 25 shares · $10.00**. One click sends the order; there's no second confirmation on desktop.
   Result: A notice: "Bought 25 Yes", "$10.00 at 40¢ average · pays $25.00 if Yes wins". The position appears under **Your position**.

> **Info**
> Without a wallet the ticket runs on a **$100 preview** so you can try amounts and see what they'd pay. Nothing can be sent until you connect. With one-tap trading off, the ticket shows **Turn on one-tap trading** in place of Buy.

## Buy on the phone

1. **Open the market** From the **Outcomes** tab or **Search**, tap a market.
2. **Tap Yes or No** The two buttons at the bottom show each side's best ask.
   Result: The ticket opens full screen at **$10**, with Hypertake's own keypad.
3. **Enter the amount** Use the keypad or the slider.
   Result: **To win** shows what your shares pay if you're right, with "N shares · avg X¢" and the profit.
4. **Tap Buy, then confirm** Tap **Buy 25 Yes · $10.00**. It turns into **Confirm · Buy 25 Yes** with a bar running out over 5 seconds; tap again to send. Changing the amount or side disarms it.
   Result: **Order filled** (or **Partly filled**), with the shares, average price and what they pay.

> **Tip: Why two taps on the phone**
> A stray tap on a phone shouldn't spend money, so every buy and sell there asks for a second tap within 5 seconds. On desktop a buy is one click.

## How the order is placed

**From your press to the fill**

Participants: You, Hypertake, Hyperliquid.

1. You → Hypertake: Press Buy
2. Hypertake → Hypertake: Reads the live book at that moment and walks the offers from the cheapest (whole shares only)
3. Hypertake → Hyperliquid: Sends one immediate-or-cancel order for that many shares (limit: worst price + 2%)
4. Hyperliquid → Hyperliquid: Fills against sellers at or below the limit; cancels the rest
5. Hyperliquid → Hypertake: Returns shares filled and average price
6. Hypertake → You: Shows the result and your new position

The order is signed by your trading key in your browser and goes straight to Hyperliquid's API. Signed orders expire 60 seconds after signing.

- **Whole shares**: Hyperliquid's outcome shares have no decimals. Your amount buys as many whole shares as it can; anything left stays in your balance.
- **Worst price**: The highest offer your amount reaches. The order's limit is 2% above it (never above 99.9¢), so a small move between your press and the match doesn't fail the order.
- **Cost can differ slightly**: The share count is fixed when you press. If cheaper offers vanish in that moment, the same shares can cost up to about 2% more than the figure shown; anything beyond the limit is cancelled.
- **No resting buy**: Hypertake has no limit buy for outcomes. If the shares aren't on offer within the limit, they aren't bought.

## When the button won't let you buy

| Desktop says | Phone says | What it means |
| --- | --- | --- |
| No one is selling Yes right now. | No one is selling Yes right now | The book has no offers on this side. Wait, or look at the other side. |
| Too little for one share at the best price on offer. | One share costs X¢ | Your amount is under the price of one share. |
| Only $X of Yes is on offer right now; buy less, or wait for more sellers. | Only $X on offer (under the amount) | The book runs out before your amount is spent. |
| Orders must be worth at least $1. | Orders start at $1 | Hyperliquid rejects outcome orders under $1. |
| You have $X available on Hyperliquid: deposit to buy this. | Deposit $X (opens Deposit) | Not enough USDC available. |
| — | Loading prices… | The phone has no fresh prices yet; it won't send an order on stale data. |
| Settling | This market has closed | Past the deadline: no new orders. |

## Partial fills

If some of the offers your order expected are taken first, Hyperliquid fills what's left within your limit and cancels the rest. You keep the shares that filled and the unspent money stays in your balance. Desktop says "Bought 18 Yes of 25 … The rest wasn't on offer and was cancelled."; the phone shows **Partly filled** and how many "weren't on offer and were cancelled".

> **Warning: If there's no reply**
> If the connection drops after you press, the order may still have filled. The phone says "No reply from Hyperliquid yet. Check your positions before trying again: it may have filled." Check before you buy again, or you may buy twice.

## Fees on a buy

Hypertake charges **nothing** to buy an outcome, and Hyperliquid charges outcome fees only when a position is closed or settled, not when it's opened ([Hyperliquid fees](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees)). The cost on the button is what leaves your balance. See [Fees](https://hypertake.net/docs/fees.md).

**Example: Maya buys $50 of No on a thin book**
- No is offered: 40 shares at 55¢, then 60 at 58¢.
- Maya enters $50. The walk takes all 40 at 55¢ ($22.00), then 48 at 58¢ ($27.84): 88 shares for $49.84, 16¢ left unspent.
- Her worst price is 58¢, so the order's limit is 59.2¢. The phone warns "Size moves the price to 58¢" because that's more than 1¢ above the best offer.
- It fills in full: 88 No at about 56.6¢ average. If No wins, she gets $88.

Flow: $50 typed → 88 whole shares walked (40 @ 55¢ + 48 @ 58¢) → one IOC at ≤ 59.2¢ → filled → pays $88 if No wins

### Is $10 the minimum?

No. $10 is only where the ticket starts. The minimum is $1, which is Hyperliquid's rule for outcome orders.

### Can I place a limit buy and wait for a lower price?

Not on Hypertake. Outcome buys fill now or are cancelled. Limit buys you place with another interface do show under Open orders, and you can cancel them there.

### Can I buy both Yes and No?

Yes, they're separate holdings. Together a Yes and a No share always settle to $1, so holding both mostly costs you the spread.

### Why did I get fewer shares than the ticket showed?

Someone took part of the offers between your press and the match. The rest of your order was cancelled, and the unspent money is still in your balance.

- [Take profit](https://hypertake.net/docs/outcomes/take-profit.md): Let your shares sell themselves at your price.
- [Selling shares](https://hypertake.net/docs/outcomes/selling.md): Close before the result.