TradingOrder types

Order types

Hypersight supports the full range of Hyperliquid order types from one panel. Here’s what each one does and when to use it.

Market

Fills immediately at the best available price. Hypersight sends it as an aggressive limit order with a slippage cap (default 5%, configurable in Settings) so you don’t get filled at a runaway price.

  • Use when: you want in or out now and are fine paying the taker fee.

Limit

Rests on the order book at a price you set, and fills only at that price or better. Limit orders carry a time-in-force:

  • GTC (Good Till Canceled) — stays on the book until filled or canceled.

  • IOC (Immediate Or Cancel) — fills what it can right now, cancels the rest.

  • ALO (Add Liquidity Only / post-only) — only ever rests as a maker order; rejected if it would cross the book.

  • Use when: you have a target price and are willing to wait.

Scale (ladder)

Splits a single order into 2–20 levels spread across a price range — a “ladder”. Useful for scaling into or out of a position across a band rather than at one price.

  • Use when: you want an average entry across a range. (Available on the desktop trading desk.)

Stop-loss

Triggers an order when price moves against you to a level you set. Two variants:

  • Stop-market — triggers a market order (guaranteed exit, price not guaranteed).

  • Stop-limit — triggers a limit order at your chosen price (price guaranteed, fill not guaranteed).

  • Use when: you want to cap your downside automatically.

Take-profit

The mirror of a stop-loss: triggers when price moves in your favour to a target.

  • Take-market — triggers a market order at the target.

  • Take-limit — triggers a limit order at the target.

  • Use when: you want to lock in gains automatically.

TP/SL brackets

On perps, you can attach a bracket to a live position — a take-profit and a stop-loss tied to the position itself. The bracket auto-sizes as your position size changes, and closing one leg cleans up the other.

  • Use when: you want a hands-off exit plan around an open position.

TWAP

A Time-Weighted Average Price order breaks a large order into slices executed over time, aiming for an average price and reducing market impact.

  • Use when: you’re entering or exiting a large size and want to minimise slippage. Active TWAPs appear in your Portfolio.

Flip

Reverses a perp position — long to short or short to long — in one action. Under the hood it closes the current position and opens the opposite, atomically.

  • Use when: your thesis flipped and you want to switch sides cleanly.

Reduce-only is available on closing orders so you can never accidentally flip a position to the other side when you only meant to reduce it.