Your First Steps on Hyperliquid

Complete Onboarding Flow

Getting started on Hyperliquid takes fewer than five minutes and requires no identity verification, email address, or password. The full onboarding flow has four steps: first, install a compatible Web3 wallet such as MetaMask, Rabby, Coinbase Wallet, or Phantom. Second, visit the Hyperliquid app and connect your wallet by signing a one-time approval message — this creates your Hyperliquid trading account automatically. Third, bridge USDC from the Arbitrum network to your Hyperliquid account using the built-in deposit tool, which typically completes within one to two minutes. Fourth, navigate to the trading interface, select a perpetual market, set your leverage, and place your first order. The entire process is self-custodial, meaning your funds remain under your wallet's private key at every stage. For best practices on protecting your wallet and accounts, see our crypto trading security guide.

What New Users Need to Know

Hyperliquid supports all major EVM-compatible wallets, including MetaMask, Rabby, Coinbase Wallet, Trust Wallet, and OKX Wallet, as well as Solana-native wallets like Phantom via account abstraction. There is no minimum deposit requirement, though most users start with at least $10-$50 in USDC to have meaningful trading capital after accounting for margin. The USDC must originate on the Arbitrum One network — if your funds are on another chain, you will need to bridge them to Arbitrum first using a cross-chain bridge. Deposits and withdrawals are free aside from a flat 1 USDC withdrawal fee. New accounts benefit from a 4% lifetime trading fee discount when signing up through a referral link, which stacks with volume-based VIP tier discounts and HYPE staking rebates.