Hyperliquid Prime
A TypeScript SDK that acts as a prime broker layer on top of Hyperliquid's perp markets — both native (ETH, BTC) and HIP-3 deployer markets. Automatically discovers all markets for an asset, compares liquidity/funding/cost, and routes to the best execution — or splits across multiple venues for optimal fills with automatic collateral swaps.
When to Use This Skill
- Trading crypto, stocks (AAPL, NVDA, TSLA), indexes, or commodities (GOLD, SILVER) on Hyperliquid
- Need best execution across multiple perp markets (native + HIP-3) for the same asset
- Splitting large orders across venues for better fills and lower price impact
- Comparing funding rates across different collateral types
- Aggregated orderbook view across fragmented markets
- Managing positions that may be spread across multiple collateral types
- Automatic collateral swaps (USDC → USDH, USDT0) when non-USDC markets offer better prices
Quick Start
Installation
npm install hyperliquid-prime
Read-Only Usage (no wallet needed)
import { HyperliquidPrime } from 'hyperliquid-prime'
const hp = new HyperliquidPrime({ testnet: true })
await hp.connect()
// Get all perp markets for an asset (native + HIP-3)
const markets = hp.getMarkets('ETH') // or 'TSLA', 'BTC', etc.
// Get routing quote for best execution
const quote = await hp.quote('TSLA', 'buy', 50)
const quoteWithLev = await hp.quote('TSLA', 'buy', 50, { leverage: 5, isCross: true })
// Aggregated orderbook
const book = await hp.getAggregatedBook('TSLA')
// Funding rate comparison
const funding = await hp.getFundingComparison('TSLA')
await hp.disconnect()
Trading (wallet required)
const hp = new HyperliquidPrime({
privateKey: '0x...',
testnet: true,
})
await hp.connect()
// Quote then execute (recommended)
const quote = await hp.quote('TSLA', 'buy', 50, { leverage: 5, isCross: true })
const receipt = await hp.execute(quote.plan)
// One-step convenience
const receipt2 = await hp.long('TSLA', 50, { leverage: 5 })
const receipt3 = await hp.short('TSLA', 25, { leverage: 3, isCross: false })
// Split across multiple markets for better fills
const splitQuote = await hp.quoteSplit('TSLA', 'buy', 200, { leverage: 4 })
const splitReceipt = await hp.executeSplit(splitQuote.splitPlan)
// Or one-step: await hp.longSplit('TSLA', 200)
// Unified position view
const positions = await hp.getGroupedPositions()
await hp.disconnect()
CLI
# Show all perp markets for an asset (native + HIP-3)
hp markets ETH
hp markets TSLA
# Aggregated orderbook
hp book TSLA
# Compare funding rates
hp funding TSLA
# Get routing quote
hp quote TSLA buy 50
hp quote TSLA buy 50 --leverage 5
hp quote TSLA buy 50 --leverage 3 --isolated
# Execute trades
HP_PRIVATE_KEY=0x... hp long TSLA 50
HP_PRIVATE_KEY=0x... hp short TSLA 25
HP_PRIVATE_KEY=0x... hp long TSLA 50 --leverage 5
HP_PRIVATE_KEY=0x... hp short TSLA 25 --leverage 3 --isolated
# View positions and balance
HP_PRIVATE_KEY=0x... hp positions
HP_PRIVATE_KEY=0x... hp balance
# Use testnet
hp markets TSLA --testnet
Important: Fees & Automatic Actions
Builder Fee: A 1 basis point (0.01%) builder fee is charged by default on all SDK-executed orders via Hyperliquid's native builder fee mechanism. On the first trading order from a wallet, the SDK sends an on-chain approval transaction to authorize this fee. To disable entirely, set builder: null in the config.
Collateral Swaps (Split Orders Only): When executeSplit() routes orders to non-USDC collateral markets, the SDK automatically:
- Enables DEX abstraction on the user's account
- Transfers USDC from the perp account to the spot account
- Places a spot order to swap USDC into the required collateral token (e.g., USDH, USDT0)
- A 1% buffer is added to swap amounts to account for slippage
These actions only occur during split order execution and only when the best liquidity requires non-USDC collateral.
Read-Only Operations: Quotes, orderbooks, funding comparisons, and market discovery require no wallet, no fees, and perform no on-chain actions.
Credentials: Trading operations require a private key via HP_PRIVATE_KEY environment variable or the privateKey config option. The key is used to sign transactions sent to the Hyperliquid API. Source code is available for audit at https://github.com/mehranhydary/hl-prime.
User Confirmation Flow: The SDK uses a quote-then-execute pattern as the confirmation mechanism:
quote()/quoteSplit()are read-only — they return an execution plan with estimated prices, markets, and costs. No on-chain actions are taken.- The caller reviews the plan (programmatically or via CLI output).
execute()/executeSplit()must be explicitly called to perform on-chain actions (place orders, approve fees, swap collateral).- One-step convenience methods (
long(),short(),longSplit(),shortSplit()) combine both steps — use quote-then-execute for explicit control.
Implementation Note: This skill bundle contains instructions only (SKILL.md). The SDK implementation must be installed separately via npm install hyperliquid-prime. The source code is open-source and available for audit at the GitHub repository before installation.
How Routing Works
When you call hp.quote("TSLA", "buy", 50), the router:
- Fetches the orderbook for every TSLA market
- Simulates walking each book to estimate average fill price and price impact
- Scores each market using:
- Price impact (dominant) — cost in basis points to fill
- Funding rate (secondary) — prefers favorable funding direction
- Collateral swap cost (penalty) — estimated cost to swap into the required collateral
- Selects the lowest-score market and builds an execution plan
For split orders (quoteSplit), the router merges all orderbooks, walks the combined book greedily to consume the cheapest liquidity first across all venues, and builds split execution legs. Collateral requirements and swaps are estimated and executed at executeSplit(...) time using live balances. If leverage is included in the quote options, execution applies that leverage per market leg before order placement.
For single-market orders, leverage included in quote(...) is carried into the execution plan and applied before the order is sent.
Configuration
interface HyperliquidPrimeConfig {
privateKey?: `0x${string}` // Required for trading
walletAddress?: string // Derived from privateKey if not provided
testnet?: boolean // Default: false
defaultSlippage?: number // Default: 0.01 (1%)
logLevel?: 'debug' | 'info' | 'warn' | 'error' | 'silent'
prettyLogs?: boolean // Default: false
builder?: BuilderConfig | null // Builder fee (default: 1 bps, null to disable)
}
Builder Fee
A 1 basis point (0.01%) builder fee is included by default on all SDK-executed orders via Hyperliquid's native builder fee mechanism. The fee is auto-approved on the trader's first order. Set builder: null to disable, or provide a custom { address, feeBps } to override.
Key Methods
Read-Only
getMarkets(asset)— All perp markets for an asset (native + HIP-3)getAggregatedMarkets()— Asset groups with multiple marketsgetAggregatedBook(asset)— Merged orderbook across all marketsgetFundingComparison(asset)— Funding rates compared across marketsquote(asset, side, size, options?)— Routing quote for single best marketquoteSplit(asset, side, size, options?)— Split quote across multiple markets
Trading (wallet required)
execute(plan)— Execute a single-market quoteexecuteSplit(plan)— Execute a split quote (handles collateral swaps)long(asset, size, options?)— Quote + execute a long on best marketshort(asset, size, options?)— Quote + execute a short on best marketlongSplit(asset, size, options?)— Split quote + execute a long across marketsshortSplit(asset, size, options?)— Split quote + execute a short across marketsclose(asset)— Close all positions for an asset
Trade Options
leverage?: number— Positive number, e.g.5for 5x.isCross?: boolean— Defaulttrue(cross); setfalsefor isolated.isCrossrequiresleverage. If leverage is omitted, no leverage-setting API call is made.
Position & Balance
getPositions()— All positions with market metadatagetGroupedPositions()— Positions grouped by base assetgetBalance()— Account margin summary
Repository
https://github.com/mehranhydary/hl-prime
License
MIT