Can GridsBot take my money?
No. You approve an agent key on Hyperliquid, also called an API wallet. It can place and cancel orders on your account and it cannot withdraw funds. That limit is enforced by Hyperliquid itself, not by our code.
Your coins never move to us and never leave your own wallet. You can revoke the key yourself at any moment from app.hyperliquid.xyz/API.
How does the agent key work?
It is a separate keypair that has nothing to do with your wallet's private key. We never see, hold, or ask for your wallet key.
You sign one approveAgent action with your own wallet. That registers the agent's address on Hyperliquid as allowed to sign for your account. The agent holds no balance of its own. It is a signer, not an account.
What does the grid actually do?
You pick a price range and the agent fills it with buy and sell levels. Every time price drops one level it buys; every time it climbs back one target width it sells the same coin higher. The gap between the two is your profit.
It makes no prediction about direction. Sideways chop is the market condition most strategies hate, and it is the one the grid likes best.
Can I be liquidated?
No. This is spot only, with no leverage and no borrowing, so there is nothing to liquidate. You hold the actual coin the whole time.
So what is the risk?
Price falling and staying down. When it drops, the agent buys on the way, which is the strategy working, but those levels only turn into profit once price comes back up to meet them.
Nothing is lost or locked, and you can sell out at any moment, but it is unrealised until the market returns.
What happens if price leaves my range?
It goes quiet. Above the range everything has sold and you are holding cash; below it everything has bought and you are holding coin. No new cycles close until price re-enters.
How much do I need to start?
Hyperliquid enforces a minimum of roughly $12 per order, and your grid needs one order per level. A 100-level grid therefore needs about $1,200 of usable capital.
What do you charge?
10% of profit, and only of profit. No subscription, no fee on deposits, no fee on capital, nothing when a cycle does not close.
Can I stop whenever I want?
Yes. Stop the agent and it cancels its open orders and stands down. Your funds are already in your own wallet, so there is nothing to withdraw from us.