Hyperliquid Market Maker

The challenge

The desk wanted to capture spread and funding on Hyperliquid but needed tight inventory control and kill-switches so a fast move couldn't run away with the book.

What we built

We built a low-latency TypeScript engine on Hyperliquid's websocket + API: adaptive quoting around fair value, inventory-skewed pricing, funding-rate capture, and hard per-market exposure limits with auto-flatten kill-switches. A real-time dashboard shows PnL, inventory and fills.

Results

• Quotes both sides 24/7 with inventory control
• Funding-rate capture on top of spread
• Hard risk limits + auto-flatten kill-switches