### 搭桥上链 Hyperliquid setup #### Coinbase: bridging the bank and DeFi - Bank → Coinbase (CEX) → USDC → (Arbitrum network) → Rabby wallet → Hyperliquid - [Coinbase](https://www.coinbase.com/home): new deposits may be held about a week before crypto can be withdrawn; initial deposit limit is $5,000. Withdrawing USDC on Arbitrum is free. #### Rabby wallet - **Rabby password**: stored locally and cannot be recovered; if forgotten, re-import the wallet with the seed phrase or private key and set a new one. - **Wallet** - **Wallet address** (`0x1a2b...`) = your account number (public, safe to share, how people send you money) - **Seed phrase** (12–24 words) = master secret that generates your private keys - **Private key** = the cryptographic proof that you own the account - **Gas fee**: keep a small amount of ETH **on Arbitrum** to pay for the deposit into Hyperliquid. Trading on Hyperliquid itself needs no gas. #### Hyperliquid / trade.xyz <small>==Hyperliquid is currently not available to US residents. Since August 2026, US regulators have said they are working to bring it into the US in a compliant way; progress remains to be seen.==</small> - Markets: spot, perpetuals (track the underlying price; funding rates reflect long/short sentiment), and prediction markets (HIP-4, live since May 2026) - Orders: $10 minimum; Scale and TWAP orders available, but no built-in automation (e.g., grid trading); that's what the API is for - Portfolio margin: account value above $10K (or >$5M weighted volume); more efficient margin across spot, borrowing/lending, and perps - Vaults: pooled funds run by a vault leader, who takes a 10% profit share and must hold at least 5% of the vault - Staking: delegate HYPE to validators to help secure the network, roughly 2–3% annual reward - Practice on testnet before trading on mainnet #### API trading via Hummingbot - [Hummingbot](https://hummingbot.org/): open-source bots for crypto exchanges, including Hyperliquid. Ready-made strategies include Grid Strike, PMM, arbitrage, and TWAP/VWAP. A paid Botcamp course is available. - ~~[NautilusTrader](https://nautilustrader.io/docs/latest/): covers both crypto and traditional exchanges; strong in backtesting, but more demanding and built largely from scratch~~ - ~~[Insilico](https://docs.insilicoterminal.com/documentation): advanced multi-exchange interface; charges a small builder fee on Hyperliquid trades~~ See also: [[试水账户 Hyperliquid sandbox] <small>Rev 10/12/2026</small>