FAQ
What is Anello?
Section titled “What is Anello?”Anello is a non-custodial Hyperliquid trading app with a manual terminal, grid bots, and scheduled DCA.
Does Anello support other exchanges?
Section titled “Does Anello support other exchanges?”No. Anello is Hyperliquid-only.
Does Anello custody user funds?
Section titled “Does Anello custody user funds?”No. Anello is designed around non-custodial wallet authorization and agent wallets. Users should not send funds to Anello.
Can Anello withdraw my funds?
Section titled “Can Anello withdraw my funds?”No. The agent wallets that sign orders have no withdrawal or transfer authority on Hyperliquid. Placing and canceling orders is their entire scope, and you can revoke them on Hyperliquid at any time. Details: non-custodial agent wallets.
What can I trade on the terminal?
Section titled “What can I trade on the terminal?”Hyperliquid spot and perp markets, manually, with market, limit, stop, scale, and TWAP orders. Perp entries and positions can carry take-profit and stop-loss orders, and leverage and margin mode are set per asset. Full tour: the trading terminal.
What is a Hyperliquid grid bot?
Section titled “What is a Hyperliquid grid bot?”A grid bot places orders across a defined price range so an account can trade movement between levels. You choose the market, range, level count, and size per order; Anello previews the exact orders and keeps the grid running. Full mechanics with a worked example: how grid trading works.
What does the DCA bot do?
Section titled “What does the DCA bot do?”It buys a fixed USD amount of a spot asset on a schedule you set: every N days, weeks, or months, optionally for a fixed number of runs. It only ever buys; stopping it keeps everything it bought. Details: DCA on Hyperliquid.
What are the fees?
Section titled “What are the fees?”Hyperliquid’s venue fee applies to every fill at your wallet’s tier. On top of that, Anello charges a builder fee of 0.02% on spot sell fills (buys are free) and 0.01% on perp fills. DCA orders carry no Anello fee at all. Worked math against grid spacing: fees and risks.
How do referrals work?
Section titled “How do referrals work?”Create a code on the Referrals page and share your link. New users who sign up through it are attributed to you, and you earn 10% to 25% of the Anello fees their trading generates, depending on their combined 30-day volume. Details: referral program.
Are grid bots risk-free?
Section titled “Are grid bots risk-free?”No. Grid bots can lose money, especially when price leaves the configured range or fees are too high relative to spacing. Anello grids run on spot, so there is no liquidation mechanic, but the drawdown from holding inventory below the range is real. Start with risks of grid & perp trading.
What happens if price leaves my grid’s range?
Section titled “What happens if price leaves my grid’s range?”Below the range: the grid holds the inventory it bought on the way down and stops trading until price returns. This is the strategy’s main loss scenario. Above the range: the grid has sold its inventory and sits in USDC. Either way the bot doesn’t chase; the range you configured is the contract.
Can I be liquidated?
Section titled “Can I be liquidated?”Not by a grid or DCA bot: both trade spot, where the assets are owned outright and there is no liquidation mechanic. Perp positions you open on the terminal are a different story; they carry leverage, funding, and a liquidation price. Read liquidation before trading perps.
I canceled some of my bot’s orders on Hyperliquid. Now what?
Section titled “I canceled some of my bot’s orders on Hyperliquid. Now what?”Fills are handled automatically, but deliberate cancels are yours. The bot won’t silently re-place them. Use the repair flow to review and restore canceled rungs with one approval: repair manually canceled grid orders.