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/take-profit-stop-loss.md. Full documentation index: https://hypertake.net/llms.txt

Perps · Trading

Take profit and stop loss

How to set a take profit and stop loss on a Hyperliquid perps position with Hypertake, on the chart or by price

A take profit closes your position when the price reaches a profit you choose; a stop loss closes it when it reaches the loss you're willing to take. On Hypertake both are held by Hyperliquid as reduce-only market triggers: when the mark price reaches the level, the whole position closes at market, even with Hypertake closed.

#How they work on Hyperliquid

• Triggered by the mark price, not the last trade (Hyperliquid: TP/SL).
• They close at market when triggered, filling no more than 10% past the trigger price. In a fast market, the fill can be worse than the level you set.
• Reduce-only: they can only close, never open a position or flip you to the other side.
• Sized when saved: each covers the position's size at the moment it's placed. If you add to the position later, check that its take profit and stop loss still cover it.
• Off the book: Hyperliquid holds them until they trigger; they don't rest in the order book.

#Set them on an open position (desktop)

1. 1

   Open the editor

   In Positions, click the position's TP / SL cell.

   ResultThe order form makes way for the position editor, headed Editing position, on its TP / SL tab.

2. 2

   Turn one on

   Switch on Take profit, Stop loss or both. Each row shows what it does: "Closes it when you're up" / "Caps how much you can lose".

3. 3

   Choose the level

   Slide to a share of your margin (take profit 5% to 300%, stop loss 5% to 90%), type a price, or drag the line on the chart.

   ResultEach line shows its price and the profit or loss at it, such as "Take profit 84,000 · +$50.00".

4. 4

   Save

   Press Save. Hypertake places the new trigger first and only then cancels the old one, so the position is never left unguarded in between.

   ResultHypertake re-reads your orders from Hyperliquid; if the new trigger isn't there yet, it tells you to check Open orders.

The editor checks your levels before Save: a take profit must be on the profitable side of the mark, a stop loss on the other, and it won't save a stop loss past your liquidation ("you'd be liquidated first"). On the chart, a dragged take profit stays on its side of the mark and a dragged stop loss stays short of the liquidation.

#On the phone

On a position's page, open take profit and stop loss to get a sheet with three ways to set each: % of your money, $, or Price, with presets and Hypertake's keypad for a custom value. Both start off; turning one on starts it at take profit 50% / stop loss 25%. A stop loss past your liquidation turns amber.

#With the order that opens a position

The desktop order form also has a Take profit & stop loss fold (its header shows Off or the levels set), with Add both to switch on take profit +50% and stop loss −25% of your money in one press. The phone's order cover has the same row. These are sent to Hyperliquid in one action with the order, and they guard the position only once the order has filled.

#Removing them

• One of them: switch it off in the TP / SL tab and press Save (the note says "Saving removes your take profit").
• Closing in full with Close: Hypertake cancels the position's take profit and stop loss with it.
• Position gone another way (liquidated, or closed from another interface): a leftover trigger moves to Open orders, where you can cancel it.

Last updated 17 October 2026