FAQ & glossary

Short answers to what people ask most, what RXN does not have yet, and the words of perps in plain language.

Updated November 5, 20265 min read

Questions#

Does RXN hold my money?

No. Your money is in your own Hyperliquid account, tied to your wallet. RXN never receives it and cannot move it. Where your money is.

Can the RXN key withdraw my funds?

No. Hyperliquid refuses any withdrawal or transfer the key signs. It can only place, change and cancel orders and set leverage, for 1, 3, or 7 days, and you can switch it off at any time.

Do I need a wallet to look?

No. Every market, chart and book is live without a wallet, and Practice trades $10,000 of play money on live prices.

What does a trade cost?

RXN: 0.02% on an order that may take liquidity, 0 on your own post-only. Hyperliquid: 0.045% taker, 0.015% maker at its first tier. On $10,000, a market order costs about $6.50. Fees.

Can I trade stocks on a Sunday?

Yes. HIP-3 markets for US stocks and indices trade 24/7 on Hyperliquid, while the New York exchange is closed. At the open the price can jump past a stop. Hours and weekends.

What is Guard?

An automatic stop RXN places on Hyperliquid for the whole position, 80% of the way to your liquidation price. It is on by default and closes the position before liquidation. It is not a guarantee in a fast market. Guard.

How much leverage can I use?

Up to the maximum Hyperliquid sets for each market. Above 20× the ticket asks for one consent.

How do I deposit and withdraw?

Deposit from any chain through Relay or from Arbitrum the official way; RXN takes no fee on a deposit. Withdraw to any chain through Relay, or to Arbitrum for Hyperliquid’s $1. Account & money.

What happens if rxn.gg is down?

Your positions and orders stay on Hyperliquid; manage them at app.hyperliquid.xyz with the same wallet.

How do predictions pay?

A share pays $1 if its side wins and nothing if it loses; you can sell before the end. Predictions.

Can an AI agent trade for me?

Yes, within a budget and an end date you sign, with a key that cannot withdraw. Agents.

Are points worth money? Is there a token?

Points have no cash value, and rules may change. RXN promises no token and no exchange of points.

Is RXN a broker or an exchange?

Neither. RXN is software in front of Hyperliquid, an exchange that runs on its own blockchain. RXN does not take the other side of trades or set prices.

Where are the terms and the risk disclosure?

At rxn.gg/legal: the terms, the privacy policy and the rest; the full risk disclosure is at rxn.gg/risk.

Which wallets work?

EVM wallets in your browser — Rabby, MetaMask, Coinbase Wallet and others. On a phone, open rxn.gg in your wallet app’s browser.

Not there yet#

DCA bot and copy trading — not in RXN.
Live grid — in Practice only; live trading waits for its test run and the owner’s word.
Spot ticket — spot is shown beside perps, but you cannot buy spot in RXN yet.
Practice on HIP-3 markets — practice opens on Hyperliquid’s own perps.
Stop and liquidation reward payouts and season points for invitations — not switched on. Referral payouts in USDC are live.
Windows, Android and Telegram apps — on rxn.gg/apps as each ships.
MCP package and Claude connector — early access.
A token — none exists and none is promised.

Glossary#

Perpetual future (perp): A contract on the price of an asset with no expiry date: you go long or short with leverage, and funding keeps its price near the asset’s.
Long / Short: Long gains when the price rises; short gains when it falls.
Margin: The money you put up for a position. It is what you can lose on an isolated position.
Leverage: Position size over margin. At 10×, $100 of margin holds a $1,000 position.
Isolated / Cross: Isolated risks only the position’s own margin; cross draws on the whole account.
Liquidation: Hyperliquid closing a position whose margin fell to the maintenance level; the margin is lost.
Maintenance margin: The least margin a position must keep: half the initial margin at the market’s maximum leverage.
Mark price: The price Hyperliquid uses for PnL and liquidation, built from several sources so one trade cannot move it.
Funding: An hourly payment between longs and shorts that keeps a perp near the asset’s price.
Open interest (OI): The total size of open positions in a market.
Order book: Every resting buy and sell order at each price.
Maker / Taker: A maker’s order rests in the book; a taker’s order fills against it now. Takers usually pay more.
Post-only: A limit order that only rests and never takes. One you place yourself pays RXN nothing.
Slippage: The gap between the price you see and the average price you get.
TP / SL: Take profit and stop loss: orders that close a position at a gain or a loss you set.
Guard: RXN’s automatic stop before liquidation, 80% of the way to the liquidation price.
Builder fee: Hyperliquid’s way for a front end such as RXN to charge a fee on the orders it sends, up to a ceiling you approve.
Agent key: A key a wallet approves on Hyperliquid to trade for it. It can never withdraw.
HIP-3: Markets other teams deploy on Hyperliquid — stocks, indices, commodities, FX.
Growth mode: A HIP-3 setting where Hyperliquid cuts its fee on a market; RXN charges 0.005% there.
HIP-4: Hyperliquid’s outcome (prediction) markets.
Venue: The team that deploys a HIP-3 market, or the place where a prediction settles.
Unified account: A Hyperliquid account with one spot balance per token, whose USDC is the margin for perps.
Relay: A cross-chain service RXN uses for deposits, withdrawals, bridges and swaps.
AGG: A service that brings Polymarket, Kalshi and other prediction venues into one account.
MCP: Model Context Protocol: how an AI assistant such as Claude uses RXN’s tools.
Mandate: What you sign for an agent: the most it may lose, the markets, the leverage, the end date.
Basis: The gap between a perp’s price and the same asset’s spot price.
TWAP: Time-weighted average price: one order split into slices over time.
Practice: Trading with play money on live prices.

RXN is software, not advice. Nothing here promises a profit. Trading perps can lose you more than you expect.