Trading terms and risk

You connect an Ethereum wallet. That address is your trading account at the venue: your balance, your positions and your history belong to it, not to GPUQuant. There is no GPUQuant account, no sign-up and no password. Disconnecting the wallet ends the session and changes nothing at the venue.

Funds you add through the Add Funds route are sent to your own address at the venue by a third-party bridge and settle there. Withdrawals are made at the venue, from the Withdraw link on the panel. GPUQuant cannot move, freeze or recover your funds.

Before your first order you sign two one-time approvals in your wallet. The first sets the ceiling for GPUQuant's fee at exactly 0.01%. The second authorises an order-signing key that lives in this browser. That key can place and cancel orders and change leverage on your account; it cannot withdraw or transfer funds. You can revoke it at any time at the venue, and clearing this browser's site data removes it, after which the next order asks you to authorise a new one.

Hyperliquid charges its own trading fees, currently 0.045% on a taker fill and 0.015% on a maker fill at its base tier; the panel shows the rates that apply to your account where the venue reports them. GPUQuant adds 0.01% of the filled notional, charged by the venue on the fill and paid to GPUQuant. Nothing is charged on an order that does not fill, and the fee is shown in dollars before you confirm.

Funding through the bridge carries that route's own fees and network gas, quoted before you confirm. GPUQuant takes no part of them.

A perpetual is a leveraged contract. At the venue's maximum leverage a move of a fraction of the price against you liquidates the position, and a fast market can lose more than the margin posted. The liquidation price shown before you confirm is an estimate from the venue's own formula; the venue's engine decides.

Prices on the page come from the venue's public feed and can lag or drop. A market order fills at the book's prices up to the slippage limit shown, not at the price you saw. The venue, the bridge and the wallet are systems GPUQuant does not run and cannot guarantee.

Nothing on this site is investment, legal or tax advice. Trade only what you can afford to lose.

GPUQuant stores no account data and reads nothing from your wallet beyond the address it shows you. Product analytics, where enabled, record that a step happened and never an address, an amount, a signature or an order id.

The methodology page explains how a trade executes and what each instrument is. Questions go to asger@gpuquant.com.