Why self-custody matters
Democratizing professional strategy management is only useful if users can access it without giving up control of their capital.
The limitation of vault-based products
Most onchain yield products require users to deposit assets into a vault or protocol contract. This can introduce:
Smart-contract implementation risk
Upgrade, governance and admin-key risk
Withdrawal restrictions
Additional audit and legal-review requirements
Concentration limits for large allocations
For individuals, these risks may reduce trust. For whales, funds and treasuries, they can directly limit allocation size.
The Pilot model
Pilot delivers professional management through Hyperliquid-native account permissions while assets remain in a user-controlled account.
No Monetrix deposit contract is required
Monetrix receives trade-only access
Monetrix cannot withdraw or transfer assets
Authorization is revocable by the user
Positions and activity remain visible at the account level
Recommended account structure
The preferred setup is a new Hyperliquid subaccount created exclusively for Pilot.
A new account establishes a known clean state and prevents unrelated positions, orders or balances from interfering with the strategy.
The dedicated subaccount:
Remains under the user's main wallet
Has its own balances and trading history
Is used only for Pilot
Must not be used for manual trading while Pilot is active
Fallback: connected wallet
If the user cannot create a subaccount, the connected wallet may be used after Monetrix verifies that it has:
No conflicting positions
No open orders
No non-USDC balances
No activity that may interfere with Pilot
The connected wallet must remain dedicated to Pilot while the service is active.
API wallet permissions
Monetrix can:
Place and cancel strategy orders
Open and close positions
Rebalance the strategy
Reduce risk when HF approaches the warning line
Monetrix cannot:
Withdraw assets
Transfer assets
Take ownership of the account
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