> For the complete documentation index, see [llms.txt](https://docs.midasmarkets.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.midasmarkets.xyz/trading/hyperliquid.md).

# Hyperliquid

Hyperliquid powers Midas perpetual markets, live account equity, positions, fills, server-signed orders, brackets, deposits, and withdrawals.

* **Perp markets** — Midas displays supported Hyperliquid crypto and HIP-3 style markets where available.
* **Account state** — Portfolio can use live Hyperliquid account equity, withdrawable cash, spot USDC, positions, and margin metrics.
* **Order actions** — Midas can place, close, and manage perp orders after explicit user confirmation.

## Supported actions

Supported Hyperliquid actions include market orders, native limit orders, close-position actions, take-profit and stop-loss brackets, deposits, and withdrawals.

## Portfolio integration

Midas distinguishes wallet cash from Hyperliquid protocol cash. When a live Hyperliquid account read is available, the portfolio can replace stale cached snapshots with live protocol equity.

## Perps risk

Perpetuals use leverage and can be liquidated. Users should review direction, leverage, margin, liquidation price, reduce-only behavior, and bracket settings before confirming orders.

{% hint style="warning" %}
**Leverage warning**

A small margin amount can control a much larger notional position. Losses and liquidation risk scale with leverage.
{% endhint %}


---

# Agent Instructions
This documentation is published with GitBook. GitBook is the documentation platform designed so that both humans and AI agents can read, navigate, and reason over technical content effectively. Learn more at gitbook.com.

## Querying This Documentation
If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter, and the optional `goal` query parameter:

```
GET https://docs.midasmarkets.xyz/trading/hyperliquid.md?ask=<question>&goal=<endgoal>
```

`ask` is the immediate question: it should be specific, self-contained, and written in natural language.
`goal` is optional and describes the broader end goal you are ultimately trying to accomplish on behalf of the user. GitBook uses it to tailor the answer towards what is most useful for that goal.

The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.