Cancel or Stop a Strategy
You can stop a running strategy at any time from the strategy dashboard. This page covers how cancellation works and what to expect, including what happens to any open positions.
Cancel a strategy
Find the strategy
Open the strategy dashboard and find the strategy you want to stop.
Select Cancel
Click the … (more options) menu on the strategy card and select Cancel.
Confirm
Confirm the action.
The cancellation is processed by Synchronicity. Once confirmed, the strategy stops advancing through its flow. Its status changes to Cancelled. On the dashboard, cancelled strategies are grouped under the status filter labeled Off.
What happens when you cancel
Cancelling a strategy stops the flow. The engine cancels the strategy’s active actions and open orders, then asks you what to do with any open strategy positions. You choose from three options: Close positions (close orders are sent to the exchange and the position is traded down to zero), Mark as closed (closed in the strategy engine ledger only, so the exposure becomes yours to manage), or Leave position open (the strategy position stays open and tracked). For the full breakdown of what each option does, see Strategy Positions.

The prompt when you stop a strategy that still holds a position: close it, mark it closed, or leave it open.
Choosing Mark as closed or Leave position open keeps the exposure on your account. You stay in the market with real funds, including liquidation on a leveraged position, and managing that exposure is on you. Only Close positions sends orders to the exchange to trade the position down.
If your strategy has a pending limit order when you cancel, it may still fill if it was already submitted before the cancellation processed. Check your open orders on Hyperliquid after cancelling.
Done versus Cancelled
A strategy that reaches the end of its flow and finishes successfully shows as Done rather than Cancelled. Cancellation only applies when a strategy is stopped before it finishes, which you do manually from the dashboard. A strategy where a node could not complete shows as Failed instead.
After cancellation
A cancelled strategy cannot be restarted. To run the same logic again, load it from the dashboard, make any changes you need, and deploy it as a new instance.
Completed and cancelled strategies stay in your dashboard history. You can open them in read-only canvas view to review what happened.