> For the complete documentation index, see [llms.txt](https://doc.monetrix.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://doc.monetrix.xyz/monetrix-pilot/reference/faq.md).

# 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.