Index
Liquid
Move ETH or USDG to Hyperliquid in one signature and trade Bitcoin, Tesla, Nvidia, gold or oil from a single balance. Up to 40x, real order book, funds in your own account.
One bridge, one balance, every market.
Index Liquid is a front door to Hyperliquid built for on-chain wallets. It routes your deposit, signs your orders with a key you control, and gets out of the way.
Deposit from your wallet
Pick ETH or USDG, see a live Relay quote, sign once. USDC lands on Hyperliquid in seconds.
Enable trading
Your wallet approves a trading key made in your browser. No gas, and no more popups per order.
Trade anything listed
Crypto, stocks, indices, metals, energy. Market or limit, cross or isolated.
Built on what already works.
No new exchange, no pool to trust. The matching engine, the liquidity and the margin system are Hyperliquid's.

A real order book
Every order is matched on Hyperliquid's on-chain book. You see the depth, you set your slippage, you get the fill it reports.
Maximum leverage on the deepest crypto markets. Each market shows its own cap.
From one wallet transaction to USDC on Hyperliquid, through Relay.

It can trade. It cannot withdraw.
The trading key is born in your browser and approved by your wallet. Hyperliquid refuses any withdrawal it signs.

Stocks next to crypto
Tesla, Nvidia, Coinbase, gold, crude, all backed by the same USDC.
Gas to trade. Orders are signed messages; only the deposit is a transaction.
Live from Hyperliquid.
The busiest markets right now. Prices refresh every few seconds; click any row to open it in the app.
| Market | Price | 24h | Volume | Max leverage | |
|---|---|---|---|---|---|
| Loading live markets… | |||||
Hold more. Pay less. Earn more.
Index Liquid earns a small fee on each fill, on top of Hyperliquid's. Holding $ILIQ cuts it, down to 0.01%.

Fee and points ladder
Read from the chain before every order. Holding also multiplies the points you earn on every trade. Nothing to stake, nothing to lock. The fee you approve can never exceed 0.05%.
Straight answers.
The longer version, with every moving part, is in the docs.
Where is my money while I trade?
In your own Hyperliquid account, under your wallet's address. Index Liquid has no contract that holds funds and no account of its own between you and Hyperliquid.
What can the trading key do?
Place orders, cancel them and change leverage for your account. Hyperliquid refuses withdrawals and transfers signed by it. It lives in this browser only, and approving a new one retires it.
Are the stock markets real shares?
No. They are perpetual contracts on Hyperliquid, deployed by trade.xyz, that follow a stock or commodity price through an oracle. No dividends, no votes, and they can move while the stock market is closed.
How do I get my money back?
Withdraw from the app: Hyperliquid pays USDC on Arbitrum to the same address for a flat $1. From there any bridge brings it wherever you want.
What does ILIQ do?
It lowers the fee Index Liquid adds to each fill and multiplies the points you earn, up to three times. The balance is read on-chain, so there is nothing to stake or lock.
