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

# What is Hypertake?

> A self-custodial interface for Hyperliquid's prediction markets and perps, in one balance

Source: https://hypertake.net/docs/what-is-hypertake · Last updated: 2026-10-17

Hypertake is a website and phone web app for trading two kinds of markets on Hyperliquid: **outcome markets** (HIP-4 prediction markets, such as "BTC above 81,355 at 15:00?") and **perpetual futures** (leveraged long or short positions on crypto, stocks and commodities). It is an interface: Hyperliquid's blockchain holds the money, matches the orders and settles the markets.

## What you can do

- **Trade outcomes**: Buy Yes or No shares on live HIP-4 markets, sell them before the close, or hold to settlement. See [Buying shares](https://hypertake.net/docs/outcomes/buying.md).
- **Take profit**: Leave a resting sell that closes your position by itself when a buyer pays your price, even with the app closed. See [Take profit](https://hypertake.net/docs/outcomes/take-profit.md).
- **Trade perps**: Market and limit orders, leverage set per market, cross or isolated margin, take profit and stop loss on the chart. See [Perps](https://hypertake.net/docs/perps/what-are-perps.md).
- **Move money**: Deposit USDC or ETH from Arbitrum One (routed by Relay) and withdraw USDC back to your wallet. See [Deposits](https://hypertake.net/docs/money/deposit.md).
- **Follow everything live**: Charts that stream every price change, Polymarket's short-term forecasts beside them, positions valued at what selling would really bring.

## What Hypertake is not

- **Not a custodian.** Hypertake never holds your money and can't move it. Withdrawals need your own wallet's signature every time. See [Self-custody](https://hypertake.net/docs/security/self-custody.md).
- **Not a bookmaker.** Hypertake doesn't set prices or take the other side of your trades. Prices come from other traders on Hyperliquid's order books.
- **Not the market's judge.** Hypertake doesn't decide how a market settles. Each market's rules and settlement source are fixed on Hyperliquid before trading opens. See [How markets settle](https://hypertake.net/docs/outcomes/settlement.md).
- **Not affiliated with Hyperliquid.** It's an independent interface, one of several that support HIP-4.

## Who it's for

If you've never traded a prediction market, Hypertake shows each market as a plain question with two prices that read as chances, a chart of the price that decides it, and what $10 would pay. If you trade size, it gives you one click on desktop, live order-book prices, positions valued at the bid, and nothing between you and Hyperliquid's matching engine.

- [How Hypertake works](https://hypertake.net/docs/how-it-works.md): The four parties in every trade and what each one does.
- [Quickstart](https://hypertake.net/docs/quickstart.md): Your first trade, step by step.