The trading terminal
The terminal is Anello’s manual trading screen. You trade Hyperliquid spot and perp markets directly: order book, recent trades, and candles stream straight from Hyperliquid into your browser, and orders you place go to the exchange through a scoped agent wallet. Nothing sits between you and the venue except the signing model that keeps Anello non-custodial.
Markets
Section titled “Markets”The asset picker covers three groups:
- Spot: Hyperliquid spot pairs, quoted in USDC.
- Perps: Hyperliquid perpetual futures.
- RWA: perp markets for real-world assets, deployed on a Hyperliquid builder DEX. These trade like other perps but only support isolated margin.
Perps involve leverage, funding, and liquidation. If any of those words is fuzzy, read the concepts articles before sizing a position.
The terminal agent
Section titled “The terminal agent”The first time you trade, Anello sets up one terminal agent for your account: a scoped signing key that your wallet approves on Hyperliquid. It can place and cancel orders. It cannot withdraw or transfer funds, and you can revoke it on Hyperliquid at any time. The approval lasts 180 days and is renewed with a fresh signature from your wallet.
One agent covers the whole terminal. It is separate from the per-bot agents that grid and DCA bots use. The full model is explained in non-custodial agent wallets.
Order types
Section titled “Order types”- Market: fills immediately at the best available price.
- Limit: rests on the book at your price until it fills or you cancel it.
- Stop: waits for a trigger price, then executes as a market or limit order. Use it for stop-losses or breakout entries.
- Scale: places 2 to 50 limit orders evenly spaced across a price range, with the total size split evenly between them. One click instead of twenty.
- TWAP: splits a large order into timed slices over 5 minutes to 24 hours, using Hyperliquid’s native TWAP. An optional randomize setting varies the slice timing.
Every order is previewed with exact venue-rounded prices and sizes before you confirm. Hyperliquid requires each order to be worth at least $10; scale ladders are checked so the smallest leg clears that floor.
Take profit and stop loss
Section titled “Take profit and stop loss”On perps you can attach take-profit and stop-loss orders in two places:
- On an entry: a market or limit entry can carry TP and SL legs that go live with the position.
- On an open position: add or replace TP/SL for the whole position from the positions table.
TP/SL legs are reduce-only, so they can only close the position, never flip or grow it. Each leg triggers at your price and executes as a market order, or as a limit order if you set a limit price on it.
Leverage and margin mode
Section titled “Leverage and margin mode”Leverage and margin mode (cross or isolated) are set per asset, and the terminal validates your choice against the market’s live maximum. What the numbers mean, and why lower is safer, is covered in understanding leverage and margin.
Moving funds
Section titled “Moving funds”The wallet panel handles the two transfers you need day to day:
- Spot ↔ perp: move USDC between your spot and perp balances.
- Withdraw: send USDC from Hyperliquid back to your own wallet. The destination is locked to the wallet you signed in with; the backend refuses any other address.
Both actions are signed by your main wallet, not the agent. The agent can trade; only you can move money.
Terminal fills pay Hyperliquid’s trading fee at your wallet’s tier, plus Anello’s builder fee: 0.01% on perp fills and 0.02% on spot sell fills (spot buys carry no Anello fee). The full math is in fees and risks.