Manual Trading

Not every trade needs a strategy. When you have a view and want to act on it by hand, the Trade page is a manual perpetuals terminal that sits on top of the same Hyperliquid account your strategies trade, so a position you open here and a position your strategy opens are the same position. It has an order-entry form, an order book, a market-info bar, a chart, and a row of account tabs along the bottom.

Placing an order

The order-entry form opens on two tabs, Market and Limit, because those cover most orders. A third tab holds everything else. Click it to open the menu, pick a type, and the tab takes that type’s name so your choice stays visible.

• Market. Fills right away at the best available price. The form shows a slippage control that caps how far the fill can move against you, plus optional take-profit and stop-loss fields you can attach to the entry.
• Limit. Rests at a price you set and fills only when the market comes to it. You get a price input, a time-in-force setting, and the same optional take-profit and stop-loss fields.
• Stop Market. Sends a market order once price crosses your stop. You set a trigger price alongside the size.
• Stop Limit. Places a limit order at your price once the stop is crossed, so you set a trigger price and a limit price.
• Take Market. Sends a market order once price reaches your target.
• Take Limit. Places a limit order at your price once the target is reached.
• TWAP. Works a larger order into the market in slices over a set duration instead of all at once, so a single big order does not move the price against itself.

Scale sits in the same menu, greyed out and marked “Coming soon”. When it lands it will split one order into a ladder of limit orders across a price range.

Above the order type, the form header carries a margin-mode selector and a leverage control. Set both before you send, because leverage decides how much margin the order consumes and how close your liquidation price sits.

Time in force

A limit order carries a time-in-force setting that decides what happens to the part of the order that cannot fill immediately.

Choose ALO when paying the maker fee is the point of the trade. Choose IOC when you want the fill now or not at all.

Editing a resting order

You can change a resting limit order instead of cancelling it and placing a new one. Open the Orders tab, click Edit on the row, and adjust the price, the size, or both. Synchronicity sends it to Hyperliquid as a native modify.

Three limits apply. Only plain resting limit orders can be edited, so TWAP orders and the trigger orders behind the Stop and Take types never offer the option. An order that has already partially filled can be repriced but not resized, because a size change replaces the order’s total size and would re-expand it against the quantity that already traded. Cancel and re-place when you need to resize one of those. And an edited order still has to clear Hyperliquid’s $10 minimum order value, the same floor a new order faces.

The order book

The order book shows resting bids and asks for the selected market. Columns run Price, Size, and Total, left to right, with a spread row between the bids and the asks that reports the absolute spread and the spread as a percent.

Three controls shape the view:

• A view toggle to show both sides, only bids, or only asks.
• A grouping control to widen or tighten the price increment each row covers.
• A denomination control to read Size and Total in the base asset or the quote asset.

The market-info bar

A strip above the chart reports the market’s live vitals: Mark Price, Index Price, 24h Change, 24h Volume, Open Interest, and the Funding Rate with a countdown to the next funding. These are the numbers that decide what a market order costs you and which way funding is leaning before you commit.

The account tabs

A row of tabs along the bottom reports the state of your account. The tabs are draggable, so you can reorder them, and reset the order when you want the default back.

• Balances. Your account balance and margin.
• Positions. Every open position, with a count of how many are open.
• Orders. Your active resting orders, with a count. Each row carries a Cancel action, and a resting limit order also carries Edit.
• TWAP. Any active TWAP orders still working, with a count.
• Order History. Orders you have placed.
• Trade History. Fills that have printed.
• Funding. Funding payments you have paid or received.
• Strategies. Your active strategies, with a count, sitting right alongside your manual positions and orders.

One account, shared with your strategies

The Trade page and the strategy dashboard read from the same Hyperliquid account, so your capital isn’t walled off per strategy. Manual trades and deployed strategies draw on one balance, one position set, and one order book.

A position you open by hand shows up in the same Positions tab a strategy would use, and a position a strategy opened shows up in yours. Because Hyperliquid holds one net position per asset, a manual trade and a strategy trading the same asset move the same position. Buy a market by hand while a strategy is short it, and you are shrinking that strategy’s exposure rather than opening a separate position.

Synchronicity tracks which part of that one account position each strategy owns, so shared exposure stays attributed correctly. See Strategy Positions for how that works and how manual trades can close a strategy’s position.

Next steps