Trading Perpetuals on Hyperliquid
Otto Wallet is now equipped with a powerful agent for trading perpetual futures on the high-speed Hyperliquid DEX, enabling a seamless and secure trading experience.
Key Features
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Seamless & Secure “One-Click” Trading:
- For each session, Otto generates a temporary, in-browser ephemeral key for trading.
- After a single, initial approval for the session, you can execute trades without needing to sign every transaction. This key is discarded when your session ends, ensuring your main wallet keys are never exposed for trading operations.
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Leveraged Trading:
- Execute both long and short positions with up to 40x leverage.
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Advanced Order & Position Management:
- Place Orders: “Place a limit order to buy 1 ETH at $2500.”
- Cancel Orders: “Cancel my open orders for ETH.”
- Manage Positions: “Close my long position on ETH.”
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Account Awareness:
- The AI can securely view your open Hyperliquid positions, margin details, and account balance.
- This allows Otto to provide context-aware trading suggestions and risk warnings based on your current exposure.
How to Trade
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Activate DeFi Agent: Navigate to the “Otto AI DeFi Agent” tab.
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Formulate Your Command: Be specific about your desired action, including the asset, position size, direction (long/short), and leverage.
Example Requests:
Short 1000 ARB with 5x leverage
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Review and Confirm: Otto will present a plan detailing the trade. Review it carefully.
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Initial Approval: For your first trade in a session, you will be asked to approve the use of the temporary session key.
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Execute: Once confirmed, subsequent trades can be executed more quickly. You will always be asked to confirm the action in the chat before Otto proceeds.
Security Note: All your Hyperliquid trading data, such as leverage settings and position details, are strictly isolated to your account and session.