Frequently asked questions

Does Monetrix custody user funds?

No. Assets remain in a user-controlled Hyperliquid strategy account.

Can Monetrix withdraw or transfer assets?

No. The API wallet is trade-only.

Is a Monetrix deposit contract required?

No. Pilot operates through Hyperliquid-native account permissions.

What is the minimum balance?

The selected strategy account must hold at least 10,000 USDC.

Which markets are supported?

The initial Pilot supports USDC-denominated HYPE and BTC strategies. HYPE is recommended.

Does Pilot deploy the full balance?

Yes. The initial version deploys all available USDC in the selected strategy account.

Is the strategy split 50/50?

No. Spot and perpetual positions use equal notional, but the capital assigned to spot and perpetual margin varies by mode.

What happens at HF 1.10?

Monetrix rebalances or partially closes the position to raise Health Factor and avoid liquidation.

What does Stop new entries do?

It prevents position growth. The existing position, HF monitoring, rebalancing and liquidation prevention remain active.

Can users reduce the position manually?

Pilot does not provide manual partial-position controls. Monetrix manages sizing and risk reduction automatically. Users can exit the complete strategy.

Where do funds go after exit?

The remaining USDC stays in the user's strategy account. It is not automatically transferred to the main wallet.

Is APY guaranteed?

No. APY depends on funding, market conditions, costs and the selected mode.

What happens if the user trades manually?

Pilot detects the deviation, stops affected automation and tells the user what action is required. Protection eligibility may be affected.

When is the strategy considered active?

Only after both legs execute and net exposure is within the permitted tolerance.

Can access be revoked?

Yes. After revocation, Monetrix can no longer manage or close the strategy.