Verify your walletOne signature proves you own this address and signs the Terms. It cannot move funds. Needed once; then you can manage protection from any device (including Telegram).
One step before protection:accept the Terms of Service (). Recorded once per wallet per version.
Your positions
Live position · public addressRead-only, live pricing. Flip the toggle to see protection at work (simulation · nothing opens). Connect your address to see your own positions.view another position →stop viewing ×
Read-only. We read your positions from Hyperliquid's public API. No signing, no deposits, no keys. Payouts go only to your own wallet.
Live-market pricing. Every protection cycle is quoted from listed option order books at the moment you toggle. When the market can't fund a credit, we refuse and say why.
Paid every cycle, never upfront. A cycle runs to the next weekly expiry (Friday, three to ten days out). Your credit unlocks through the cycle and pays automatically at its close.
The cap pays for your floor. Every gain up to the cap is yours. Gains above it this cycle are handed back at settlement: that is what funds the floor and the credit. Nothing closes when price touches the cap.
Nothing to manage. Protection renews every cycle while the toggle is on. Turn it off any time: the collar closes at the live market and you keep the credit unlocked so far.
Honest economics. Settlement nets it all: your credit, plus any floor payout, minus any gains above the cap or a release. A negative net is a balance you settle before protection restarts. We keep a published share of the credit we source (waived when tiny). Hyperliquid's own funding on your perp is separate and unchanged; it is not part of the credit.
Derivatives involve risk. Nothing here is investment advice.
Turn protection off?
Release your upside?
Connect · read-only
Public data. Read-only. No keys, no signing, no deposits. Payouts only ever to the address.
iHyperliquid's safety docs are right: never share keys or sign unknown transactions. We ask for neither. An address is public data, the same thing you'd paste into Hypurrscan. Find yours in the Hyperliquid app: top right, starts with 0x.