💡Hyperliquid Market Maker Bot

Prerequisites

Before you start, make sure you have:

  • A Hyperliquid API Wallet — Add one through Dextrabot's Wallet Management. See the How to Get API Key documentation for detailed steps.

  • USDC Balance — Fund your Hyperliquid wallet with USDC. Minimum depends on your leverage and volume settings.


Quick Start Guide

Get your Market Maker Bot running in under 5 minutes:

  1. Select Wallet — Choose your funded Hyperliquid wallet from the dropdown

  2. Select Coin — Pick the trading pair you want to market make (e.g., BTC, ETH)

  3. Set Leverage — Choose your desired leverage multiplier

  4. Set Budget or Volume — Enter either your fee budget (in USD) or target volume — the other will auto-calculate

  5. Choose Execution Mode — Select Aggressive, Normal, or Passive based on your speed preference

  6. Set Directional Bias — Choose Short, Neutral, or Long based on your market outlook

  7. Start! — Click the Start button and let the bot do its work ✨


Configuration Parameters

Here's a detailed breakdown of each setting:

Select Wallet

Choose the Hyperliquid wallet you want the bot to trade with. Shows wallet address and available USDC balance.

Select Coin

Pick the trading pair for market making. All Hyperliquid perpetual pairs and xyz HIP3 pairs are supported.

Leverage

Multiplier for your position size. Higher leverage = more volume with less capital, but also higher risk.

Budget

The amount of fees (in USD) you're willing to spend. When you enter a budget, the expected volume is automatically calculated.

Example: $100 budget → generates approximately $X in trading volume

Volume

The total trading volume you want to generate (in USD). When you enter a volume target, the required budget is automatically calculated.

Budget and Volume are linked — enter one and the other calculates automatically. Use Budget if you want to control costs, or Volume if you have a specific volume target.

Execution Mode

Controls how fast the bot executes orders:

Mode
Speed
Best For

Aggressive

Fast

Quick volume generation, active markets

Normal

Balanced

General use

Passive

Slow

Lower costs, less market impact

Directional Bias

Influences the timing and distribution of buy/sell orders:

Bias
Behavior

Short

Front-loads sell orders, back-loads buy orders

Neutral

Equal distribution of buy and sell orders

Long

Front-loads buy orders, back-loads sell orders


Supported Trading Pairs

The Market Maker Bot supports all perpetual trading pairs available on Hyperliquid, including:

  • BTC/USD

  • ETH/USD

  • SOL/USD

  • HYPE/USD

  • HIP3 tokens (with fee benefits!)

  • And 100+ more...


HIP3 Growth Mode Bonus

When trading HIP3 tokens with Growth Mode enabled on Hyperliquid, you receive a 90% discount on Hyperliquid trading fees. This significantly reduces your overall costs while market making.


Monitoring Your Bot

History Table

Track all your Market Maker Bot activity in the History section:

Column
Description

Coin

Trading pair

Account

Wallet used

Leverage

Leverage multiplier

Volume

Total volume generated

Budget

Fee budget spent

Direction

Directional bias (Short/Neutral/Long)

Execution Mode

Speed setting

Status

Active / Stopped

Actions

Start, stop, or share

Active Bots

Check the Active Only checkbox to filter and see only your currently running bots.


Fees

Dextrabot Fee

Fee Type
Rate

Dextrabot Fee

0.01% per trade

Fees are collected as a builder fee directly through Hyperliquid.

Hyperliquid DEX Fee

Standard Hyperliquid maker/taker fees apply. See Hyperliquid docs for details.

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