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The Hypernova terminal is a full-featured trading environment where every order executes against real market conditions. Trades are simulated against live Hyperliquid order book data — all prices, liquidity, and funding rates are real. Every fill is verifiable.

Order Types

Order TypeTriggerFill MethodFee
MarketImmediateVWAP against live bookTaker
LimitMark price reaches limitExact limit priceMaker
Stop MarketMark price crosses triggerVWAPTaker
Stop LossMark price crosses triggerVWAP (reduce-only, cancels linked TP)Taker
Take ProfitMark price crosses triggerVWAP (reduce-only, cancels linked SL)Taker
Take Profit and Stop Loss orders are attached to positions and always close the entire position. They function as OCO (one-cancels-other) pairs — when one triggers, the other is automatically cancelled.

Margin & Position Modes

SettingOptions
Margin modeCross (isolated coming soon)
Position modeHedge / One-way
Max leverage5x (per-symbol, configurable)

Hedge Mode

Hold simultaneous long and short positions on the same symbol.

One-Way Mode

Net position only. Opposite trades reduce or flip your current position.
Limit orders reserve margin at creation, which is released on cancellation. Reduce-only orders (TP/SL) skip margin reservation since they only close existing positions.

Market Data

Hypernova’s market data pipeline streams directly from Hyperliquid, delivering real-time pricing and liquidity data to every component of the terminal.

Live Order Book

Full order book depth polled at 100ms intervals from Hyperliquid’s on-chain book.

Mark Price

Streamed in real time. Used for all order triggers, liquidation checks, and PnL calculations.

Funding Rates

Live funding rates sourced directly from Hyperliquid, applied to open positions.

Real-Time Streaming

Low-latency, bidirectional data streaming to every component of the terminal.

Market Coverage

150+ crypto perpetual futures pairs and 50+ TradFi pairs — all sourced from Hyperliquid. We’re consistently adding new markets and tooling to accompany them.
100+ crypto perpetual futures with deep Hyperliquid liquidity. Includes BTC, ETH, SOL, and hundreds of other assets.

Fees

Fee TypeRateApplies To
Taker0.03%Market orders, stop orders, TWAP
Maker0.00%Resting limit orders, scale orders
Fee = quantity × fill price × fee rate
See Trading Fees for the full fee schedule.

TradingView Charts

Full TradingView charting is integrated directly into the terminal — indicators, drawing tools, multi-timeframe analysis, and full-screen mode. The layout is fully resizable — expand the chart and order book to focus on what matters. Charts display real Hyperliquid price data across all supported markets.

PnL Share Cards

Generate and share visual cards of your trading performance. Each card includes your key stats, payout details, and a verifiable on-chain QR code — ready to share on social media.