Trading Room

How Trading Rooms Work

For Keyholders

1. Join a Room: Purchase a key to join a Trading Room
2. Follow Trades: See creators trade in real-time, and chat directly in their room
3. Track Performance: Check trading performance in the room dashboard, and compare on the leaderboards
4. Vote on Distributions: Stake your keys for >24hrs to enable voting on distributing funds to keyholders

For Creators

1. Create a Room: Set up your Trading Room and start building your following
2. Make Trades: Use in-chat commands or the manual trading interface to execute trades on Hyperliquid
3. Earn Fees: Receive a performance fee when funds are distributed
4. Build Reputation: Your performance is tracked on a global leaderboard. Earn more points for higher performance

Hyperliquid Trading

Trading happens on Hyperliquid - a decentralized perpetual exchange. Creators trade directly from the room.

Manual Trading Interface

For precision control, creators can use the Trading Drawer interface instead of chat commands.

• Asset Selector: Choose from Hyperliquid's curated list of perpetual pairs (e.g., BTC, ETH, SOL).
• Order Types:
  • Market: Execute immediately at current market price.
  • Limit: Set a specific price to enter the market.
• Leverage: Adjust your leverage slider to manage risk/reward.
• Take Profit / Stop Loss: Set automated exit targets before you open the position.

Managing Positions

All open positions are visible in the Trading Fund dashboard.

• Live Metrics: Track PnL, Entry Price vs. Market Price, and Liquidation Price in real-time.
• Closing: Close positions instantly with a single click or let your TP/SL triggers handle it.
• Transparency: All keyholders can view these active positions to verify the room's performance.

Trading Tools

Charting and PnL tracking are built into the room interface:

TradingView Integration

View charts directly in the chat.

• Charts: View real-time price action with full TradingView chart capabilities.
• Commands: Pull up charts instantly using /chart [symbol] [timeframe].

PnL Tracking

• Live Dashboard: Real-time tracking of open positions and overall room performance.
• History: Transparent history of all past trades and their outcomes.

Fees and Profit Sharing

For a full breakdown of fees, see the Fees page.

• Transaction Fees: A tax on key buys/sells is shared between the Trading Fund, Room Creator, and Protocol
• Performance Fee: When trading profits are distributed, there is a fee directed to the Room Creator and Protocol

Security Features

How trading funds are protected:

• Creators can't directly access or withdraw funds
• To avoid low-quality tokens, trading is limited to HyperLiquid's curated perp list
• All trading activity is transparent and on-chain
• Only Keyholders can vote to distribute funds. Once a two-thirds majority is reached, all trading positions are closed, and 90% of the remaining funds (after performance fees) are returned to keyholders, with 10% staying in the Trading Fund to seed further trading.