# 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](https://docs.dextrabot.com/copy-trade/wallet-management#create-api-wallet) 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 ✨

***

### Budget & Volume

#### What Are They?

| Term       | Description                                |
| ---------- | ------------------------------------------ |
| **Budget** | Maximum fee amount you're willing to spend |
| **Volume** | Total trading volume the bot will generate |

{% hint style="info" %}
**Simple Example:**

* $100 budget → Bot generates \~**$285,000** volume
* $1,000 budget → Bot generates \~**$2,850,000** volume
  {% endhint %}

#### How They're Connected

Budget and Volume are automatically linked. When you change one, the other updates automatically.

***

### Margin Requirements

Your wallet must have sufficient margin for the bot to create orders.

#### Formula by Execution Mode

| Execution Mode | Required Margin Formula |
| -------------- | ----------------------- |
| **AGGRESSIVE** | Volume × 10% ÷ Leverage |
| **NORMAL**     | Volume × 2% ÷ Leverage  |
| **PASSIVE**    | Volume × 5% ÷ Leverage  |

#### Example Calculation

{% tabs %}
{% tab title="NORMAL" %}
**Settings:** 10x Leverage, $100,000 Volume

```
Required Margin = $100,000 × 2% ÷ 10 = $200 USDC
```

{% endtab %}

{% tab title="AGGRESSIVE" %}
**Settings:** 10x Leverage, $100,000 Volume

```
Required Margin = $100,000 × 10% ÷ 10 = $1,000 USDC
```

{% endtab %}

{% tab title="PASSIVE" %}
**Settings:** 10x Leverage, $100,000 Volume

```
Required Margin = $100,000 × 5% ÷ 10 = $500 USDC
```

{% endtab %}
{% endtabs %}

***

### Execution Modes

Choose how aggressively the bot trades.

| Mode           | Speed  | Best For                  |
| -------------- | ------ | ------------------------- |
| **AGGRESSIVE** | Fast   | Quick volume generation   |
| **NORMAL**     | Medium | Balanced approach         |
| **PASSIVE**    | Slow   | Lower risk, slower volume |

{% hint style="info" %}
**AGGRESSIVE** completes your target volume fastest but requires more margin.
{% endhint %}

***

### Directional Bias

Set your market outlook.

| Option      | Description                  |
| ----------- | ---------------------------- |
| **LONG**    | You expect price to increase |
| **SHORT**   | You expect price to decrease |
| **NEUTRAL** | No directional preference    |

***

### Leverage

#### How It Works

* Each coin has a different maximum leverage (1x - 40x)
* Leverage is displayed next to each coin in the dropdown

#### Trade-offs

| Leverage | Margin Required | Risk Level |
| -------- | --------------- | ---------- |
| High     | Less            | Higher     |
| Low      | More            | Lower      |

***

### 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](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees) for details.

{% hint style="success" %}
**HIP3 Growth Mode:** Get 90% off Hyperliquid fees when trading HIP3 tokens with Growth Mode enabled!
{% endhint %}

{% hint style="warning" %}
**Risk Warning:** Market making involves risk. Only use capital you can afford to lose. Start with smaller amounts to understand the strategy before scaling up.
{% endhint %}


---

# Agent Instructions: 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:

```
GET https://docs.dextrabot.com/market-maker-bot/hyperliquid-market-maker-bot.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
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.