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/perps/order-types.md. Full documentation index: https://hypertake.net/llms.txt
Perps · Trading
Order types
Perps market and limit orders on Hypertake, reduce-only, triggers, slippage limits and how each is sent to Hyperliquid
Hypertake has two ways to open or add to a perps position: a market order ("Now"), which fills right away within 5% of the price or is cancelled, and a limit order ("At my price"), which waits on Hyperliquid's book until it fills or you cancel it. Take profit and stop loss are trigger orders that only close.
Every order type
| In the app | What Hyperliquid receives | What happens |
|---|---|---|
| Now (phone: Market) | A limit order, immediate-or-cancel, priced 5% past the mid | Fills now against the book, never worse than 5% from the mid; whatever can't fill is cancelled |
| At my price (phone: Limit) | A limit order, good-til-cancelled, at your price | Rests on the book until it fills or you cancel it |
| Only close | Either of the above, reduce-only | Can only shrink your position, never open or grow one |
| Take profit / Stop loss | A reduce-only market trigger, limited to 10% past the trigger | Waits off the book; when the mark reaches the trigger, closes at market |
| Close (a position) | Reduce-only, immediate-or-cancel, 5% past the mark (the phone prices it from the mid) | Closes all or a share of the position now |
Market orders: "Now"
Hypertake sends a market order as an immediate-or-cancel limit order priced 5% past the mid (above it for a buy, below for a sell). It takes the best prices on the book up to that limit, and anything left is cancelled rather than left resting. The desktop button's tooltip says this: "Fills now at the best prices, at most 5% from the mid; whatever can't fill is cancelled."
On a liquid market the fill is close to the mid. On a thin one, a large order can walk the book: the phone estimates the fill from the live book before you tap, and asks you to confirm separately if it's more than 1% from the price.
Limit orders: "At my price"
Choose At my price
In Order settings → When, choose At my price (on the phone, Market ▾ → Limit).
Set the price
Type it, or use the chips: Now, −1%, −2%, −5% for a long (+1%, +2%, +5% for a short). On desktop, clicking a price in the order book makes it your limit.
Place it
The order rests on Hyperliquid's book. On desktop the notice reads "Limit at 78,400: on the book until it fills or you cancel it."
ResultIt's listed under Open orders with Cancel (and Cancel all when there's more than one).
- SignedYour trading key signs it in your browser. The signature is valid for 60 seconds.
- RestingOn Hyperliquid's book at your price, with no expiry of its own.
- Partly filledSome of it matched; Open orders shows what's left of the original size.
- FilledAll of it matched. Your position changes and the order leaves Open orders.
- CancelledYou pressed Cancel. Nothing more fills.
The 60-second limit is on the signed request reaching Hyperliquid, not on the order: a limit that lands stays on the book until it fills or you cancel it.
A limit priced through the market (a buy above the best ask, say) fills at once like a market order, at the book's prices. One that rests and is filled later is a maker order and pays Hyperliquid's lower maker fee; one that fills on arrival pays the taker fee.
Only close (reduce-only)
With a position open on the market, Order settings shows Only close: "Take money out of your BTC position." Switched on, Your money becomes Amount to close, and the order can only reduce the position, so it can't flip you to the other side by mistake. Take profit and stop loss aren't offered on a reduce-only order: set them on the position instead.
Rules every order follows
- $10 minimum position. Hyperliquid refuses smaller ones; a partial close must also be at least $10.
- Sizes round down to the market's size step, so you never send more than you typed.
- Prices round to Hyperliquid's rule for perps: at most 5 significant figures and 6 decimals minus the market's size decimals.
- Leverage first. If the leverage or margin mode you chose differs from what Hyperliquid has for that market, Hypertake sets it before sending the order.
- 60-second signature. Each signed request expires 60 seconds after signing.
What isn't offered
Hypertake doesn't offer post-only, stop-limit, TWAP, scale or trailing-stop orders, and there's no "modify order": to change a limit, cancel it and place a new one. Changing a take profit or stop loss places the new one, then cancels the old.
Why didn't my whole market order fill?
There weren't enough orders on the book within 5% of the mid. The unfilled part is cancelled, never left resting, and the notice shows what did fill.
Do limit orders expire?
No. Once on the book, a limit stays until it fills or you cancel it. Only the signed request expires: if it doesn't reach Hyperliquid within 60 seconds, it's refused and nothing is placed.
Is a limit order cheaper?
If it rests and fills later, Hyperliquid charges its maker rate (0.015% at the base tier) instead of the taker rate (0.045%). Hypertake's 0.1% is the same either way.
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