Getting started
You can look at every market without a wallet and practice without money. When you are ready, six steps take you to your first trade, and a seventh takes money out.
- Open the terminal at rxn.gg/trade. No wallet is needed to look: prices, charts, the book and the screener are live.
- Practice with $10,000 of play money on live prices — the same ticket, fees and liquidation as real trading.
- Connect a wallet — Rabby, MetaMask or any browser wallet.
- Deposit USDC from any chain into your Hyperliquid account.
- Enable trading — one or two signatures: the RXN key and the ceiling of RXN’s fee.
- Place your first trade — the ticket shows your liquidation price, your cost and what you can lose before you click. Guard is on.
- Withdraw any time from the account menu — your wallet signs it. Withdraw.
Look without a wallet#
The terminal opens on BTC. Pick any market from the search or the Markets tab: it lists every market of every Hyperliquid venue with the move over an hour and a day, volume, open interest (the size of all open positions), funding and the highest leverage. Three layouts — Trade, Scalp and Research — arrange the blocks for what you do; you can move, add and pop out blocks.
Practice#
Practice is trading without money on live Hyperliquid prices. You start with $10,000; fills follow Hyperliquid’s rules — the book, the slippage, the fees (0.045% taker and 0.015% maker plus RXN’s 0.02%), funding every hour and liquidation. Positions and orders stay in this browser when you come back; what the market did while you were away happens to them as it would have.
- Replay — play yesterday again at ×1 to ×60 on a separate account, beside the live one.
- Grid — the grid bot runs in practice. Grid.
- Go live — one tap saves practice and takes you to the wallet step.
Connect a wallet#
RXN works with the EVM wallets in your browser: Rabby, MetaMask, Coinbase Wallet and any other that announces itself to the page. Your Hyperliquid account is the account of that wallet address — the same one you see at app.hyperliquid.xyz.
On a phone, open rxn.gg in your wallet app’s own browser (MetaMask, Rabby). Your wallet only signs; it never gives RXN its key.
Deposit#
Open Deposit in the account menu, or the first step of the ticket on an empty account. Send any token from any chain and it arrives as USDC in your Hyperliquid account, or bridge USDC from Arbitrum the official way. RXN takes no fee on a deposit. Deposit.
Enable trading#
Press Enable trading and sign: the RXN key, valid for 1, 3, or 7 days (1 unless you pick another), and once, the ceiling of RXN’s fee (0.05%). RXN charges less than that ceiling: 0.02% on most orders. The key can trade and can never withdraw. The RXN key.
Your first trade#
- Pick a market and Long (you gain if the price rises) or Short (you gain if it falls).
- Type the margin in USDC — the money you put up — or switch to size in coins, or to Risk: the most you are ready to lose at your stop.
- Set the leverage (2× unless you choose; up to the market’s maximum on Hyperliquid, with one consent above 20×).
- Read the line above the button: liquidation price, cost, what you lose at the stop.
- Press the button. On a chart order you see a Review first. Your position appears below, with Guard standing.
To close, press Close on the position (or half, or a share). Panic closes every position and cancels every order after one confirmation. Trading.
Where RXN runs#
- Web — rxn.gg in any browser, on a computer or a phone.
- Web app — install RXN on your home screen or dock from rxn.gg/apps: its own window and price alerts on that device.
- Windows, Android and Telegram — each gets its button on rxn.gg/apps as it ships. When it ships, the Telegram bot will send alerts and trade links that open a filled-in ticket on rxn.gg; it will never hold a key.
RXN is software, not advice. Nothing here promises a profit. Trading perps can lose you more than you expect.