# Bloxwap — full documentation > The easiest way to trade. Bloxwap is a mobile-first, non-custodial trading app for crypto perpetual futures and 24/7 tokenized stocks — a one-tap front-end on Hyperliquid, a decentralized perpetuals exchange. You trade from your own embedded wallet, fund with Cash App, Bitcoin, or an on-ramp, and every position settles on-chain on Hyperliquid; Bloxwap never holds your funds. This file concatenates the full text of the Bloxwap documentation, guides, Season 01 rules, and blog. The terse index is at https://bloxwap.com/llms.txt. --- # Bloxwap API > The public read API: unauthenticated, read-only, no key required. Bloxwap publishes a small public API describing its markets, its token and its treasury. Every operation is a GET that needs no key, no token and no account, so an agent can call all of it directly. - MCP server (Model Context Protocol, Streamable HTTP, unauthenticated): https://bloxwap.com/mcp — tools: search_docs, get_doc, quote_fees - OpenAPI 3.1 specification: https://bloxwap.com/openapi.json - Developer overview: https://bloxwap.com/developers - Versioning and deprecation policy: https://bloxwap.com/developers/deprecation Integrate against https://bloxwap.com/api/v1/. There is deliberately no trading API: Bloxwap is non-custodial, every position is signed by the user's own embedded wallet and settles on Hyperliquid, so there is no server that could place an order on someone's behalf. To trade programmatically, talk to Hyperliquid directly. --- # Assets > Every market on Bloxwap and its max leverage, grouped by category. Source: https://bloxwap.com/docs/assets Every market Bloxwap lists, grouped by category, with its maximum leverage. Leverage caps are set by Hyperliquid and can change over time. ## Crypto ## Commodities ## Stocks ## Indices ## Pre-IPO --- # Bloxwap vs other Hyperliquid apps > How Bloxwap compares to other Hyperliquid front-ends — wallets with a perps tab, pro terminals, and mobile trading apps. Bloxwap is a non-custodial, mobile-first, tap-to-trade client for Hyperliquid perps, stocks, commodities, and indices. Source: https://bloxwap.com/docs/compare Bloxwap is a non-custodial, tap-to-trade client for [Hyperliquid](https://hyperliquid.xyz). You tap UP or DOWN to open a leveraged long or short, every order routes to Hyperliquid's on-chain order books, and trades settle on-chain from your own embedded wallet — no extension, no seed phrase, no custody. This page sets Bloxwap next to the other ways to trade Hyperliquid — wallets with a perps tab, pro terminals, and dedicated trading apps — so you can see where it fits. ## Why traders choose Bloxwap - **Built for trading, not bolted on** — Bloxwap is a dedicated Hyperliquid client, not a perpetuals tab added to a general-purpose wallet or a power-user terminal. The whole app is the trade. - **Tap to trade** — tap UP or DOWN to open a leveraged long or short. It's the simplest way to put a Hyperliquid position on from your phone, with stop-loss and take-profit built in. - **No extension, no seed phrase** — sign in with email or a passkey and a non-custodial embedded wallet is created for you; export the keys anytime. You don't need to already run a specific wallet to start. - **Hundreds of markets** — crypto perps plus stocks (24/7), commodities, indices, and outcome markets, all on Hyperliquid. - **Real Hyperliquid execution** — orders rest on Hyperliquid's on-chain books and settle on-chain from your own wallet; you trade the same depth as the rest of the ecosystem. - **Real rewards** — $250,000 in prizes across [Season 01](/docs/season-01), plus the [Genesis](/docs/genesis) builder-fee discount (2.5 bps vs 5 bps) for $BLOXWAP burners. ## How Bloxwap compares Every app below trades on Hyperliquid — the difference is *how*. Details are compiled from each project's public sources as of June 2026 and may be out of date — front-ends launch, pivot, and wind down quickly. Treat this as a starting point, not a live feed, and verify on each project's own site. | Platform | Type | Custody | Interface | |----------|------|---------|-----------| | **Bloxwap** | **Dedicated Hyperliquid trading app — tap-to-trade** | **Non-custodial — email / passkey embedded wallet** | **Mobile-first web app** | | Phantom | Multichain wallet with a Hyperliquid perps tab | Non-custodial | In-wallet (mobile + extension) + web terminal | | MetaMask Perps | Wallet with a Hyperliquid perps tab | Non-custodial | In-wallet (mobile + extension) | | Axiom | Solana pro terminal with a Hyperliquid perps tab | Non-custodial | Web app | | Stack | Solana memecoin terminal + Hyperliquid perps | Non-custodial | Mobile app | | 10X | Mobile Hyperliquid perps app | Non-custodial | World App mini-app + iOS + web | | Dexly | Hyperliquid perps + copy-trading app | Non-custodial | Mobile + web | | FlipX | Multi-feature wallet (perps, swaps, predictions) | Non-custodial | Mobile app | | Splash | Hyperliquid trading wallet | Non-custodial | iOS app | | OneShot | Hyperliquid trading wallet (winding down) | Non-custodial | iOS app | ## The short version Everything here trades on Hyperliquid and keeps you in self-custody — that's the room. The difference is the path to a position. Wallets like Phantom and MetaMask add a perps tab to the wallet you already use; terminals like Axiom target power users on the desktop web; others are mobile apps built around memecoins, copy-trading, or a bundle of features. Bloxwap is the dedicated, mobile-first one: tap UP or DOWN, sign in with email or a passkey, and trade hundreds of Hyperliquid markets — crypto perps, stocks, commodities, and indices — with on-chain settlement from your own wallet. The same tap-simple feel, pointed straight at Hyperliquid. New here? Start with the [FAQ](/docs/faq), or browse every market on the [Assets](/docs/assets) page. --- # FAQ > Quick answers on custody, availability, KYC, deposits, withdrawals, leverage, fees, and Season 01. Source: https://bloxwap.com/docs/faq Short answers to the most common questions about trading on Bloxwap. New to the terminology? See the [Glossary](/docs/glossary). Want step-by-step walkthroughs? See the [how-to guides](/docs/how-to). Wondering how Bloxwap stacks up against other tap-trading apps? See [Bloxwap vs Competitors](/docs/compare). --- # Fees > Hyperliquid's fee schedule plus a flat Bloxwap builder fee — 5 bps standard, 2.5 bps for Genesis traders. Source: https://bloxwap.com/docs/fees Bloxwap routes every order to Hyperliquid, so the exchange fee structure is exactly Hyperliquid's — the same volume-tiered taker/maker rates, the same staking discounts, the same schedule. We don't restate it here; the canonical, always-current reference is Hyperliquid's own doc: [Hyperliquid Docs → Trading → Fees](https://hyperliquid.gitbook.io/hyperliquid-docs/trading/fees) ## The Bloxwap builder fee The one difference from trading on Hyperliquid directly: trades placed through the Bloxwap interface include a builder fee on top of Hyperliquid's exchange fees. | Tier | Builder fee | On a $1,000 trade | | -------- | ----------------- | ----------------- | | Standard | 5 bps (0.05%) | $0.50 | | Genesis | 2.5 bps (0.025%) | $0.25 | [Genesis](/docs/genesis) traders — wallets that have burned a cumulative 1,000,000 $BLOXWAP — trade at half the standard builder fee, forever. The discount applies automatically to every trade from the bound address. --- # Genesis > Burn 1,000,000 $BLOXWAP to earn the gold Genesis badge and trade at the 2.5 bps Genesis builder fee — forever. Source: https://bloxwap.com/docs/genesis Genesis is Bloxwap's lifetime status for $BLOXWAP burners. Burn a cumulative **1,000,000 $BLOXWAP** and you permanently unlock: - The gold **Genesis badge** next to your @handle — on your profile and the leaderboards. - The **Genesis builder fee of 2.5 bps** on every trade — half the standard 5 bps rate. The burn is a real on-chain SPL token burn on Solana: the tokens are removed from supply, and a locked memo in the transaction binds the reduced fee to your trading address. Burns are cumulative — multiple smaller burns from the same wallet count toward the 1,000,000 total. Burned tokens are destroyed permanently. There is no way to undo a burn, so double-check the amount before you confirm. ## How to enable Genesis ### Send $BLOXWAP to your Bloxwap wallet You need 1,000,000 $BLOXWAP in your Bloxwap Solana wallet. If your tokens are on an exchange or in another wallet, withdraw them to your Bloxwap wallet address first. ![Withdraw 1,000,000 BLOXWAP to your Bloxwap Solana wallet address](/genesis/1-send-bloxwap.png) ### Open Accounts and select Bloxwap In the app, open **Accounts**. Once the tokens arrive, the Bloxwap row in your **Wallet** section shows the balance. Tap it. ![The Accounts sheet with 1,000,000 BLOXWAP in the Wallet section](/genesis/2-select-wallet-bloxwap.png) ### Select Burn The Bloxwap token sheet offers **Burn**, **Receive**, and **Send**. Tap **Burn**. ![The Bloxwap token sheet with the Burn action](/genesis/3-select-burn.png) ### Enter the amount Tap **MAX** or type `1000000`. The memo is locked — it binds the Genesis fee to your trading address automatically, so there's nothing to edit. ![The Burn screen with the locked memo and MAX button](/genesis/4-select-max.png) ### Burn With 1,000,000 entered, the **Burn** button lights up. Tap it to submit the transaction. Remember: this is permanent. ![The Burn screen with 1,000,000 entered and the Burn button active](/genesis/5-select-burn.png) ### Wait for confirmation A **Burn submitted** toast confirms the transaction is on its way to the Solana network. ![The Burn submitted confirmation toast](/genesis/6-burn-1m.png) ### You're Genesis Once the burn confirms, the gold Genesis badge appears next to your @handle — and every trade from your bound address settles at the 2.5 bps Genesis fee. ![A profile showing the gold Genesis badge next to the @handle](/genesis/7-genesis.png) ### Check your Genesis rate Open the **Builder fee** dialog to confirm: it now reads **Genesis Rate** — **2.5 bps per trade** (0.025%). On a $1,000 trade, you send us $0.25, and you keep 99.975%. ![The builder-fee dialog showing the Genesis Rate of 2.5 bps per trade](/genesis/8-genesis-rate.png) --- # Glossary > Plain-language definitions of the perps, leverage, and Hyperliquid terms used across Bloxwap. Source: https://bloxwap.com/docs/glossary New to perpetuals? These are the core terms you'll meet across Bloxwap, each defined in a sentence or two. For how trading costs work see [Fees](/docs/fees); for what you can trade see [Assets](/docs/assets); for common questions see the [FAQ](/docs/faq). --- # Links > Explore Bloxwap across the web — trade, social, and media channels. Source: https://bloxwap.com/docs/links ChartCandlestick, ChartColumn, Bitcoin, Receipt, Trophy, Landmark, Braces, Code2, } from 'lucide-react'; XLogo, TelegramLogo, DiscordLogo, RedditLogo, TikTokLogo, InstagramLogo, YoutubeLogo, LinkedinLogo, } from '@/components/brand-icons'; Jump straight into the Bloxwap ecosystem — communities and marketing content all in one place. ## Trade Trade perpetuals on Bloxwap, powered by Hyperliquid. } title="Mainnet" href="https://bloxwap.com" description="Trade on Bloxwap" /> } title="Analytics" href="https://analytics.bloxwap.com" description="Bloxwap analytics dashboard" /> } title="Assets" href="/docs/assets" description="Every market and its max leverage" /> } title="Fees" href="/docs/fees" description="Fee structure and the Bloxwap builder fee" /> } title="Season 01" href="/docs/season-01" description="Season 01 tournament leaderboard" /> ## Developers Bloxwap publishes a small public read API. Every endpoint is unauthenticated and read-only — no key, no token, no account. } title="Bloxwap API" href="https://bloxwap.com/developers" description="What the API covers, and why there is no trading API" /> } title="OpenAPI spec" href="https://bloxwap.com/openapi.json" description="Machine-readable OpenAPI 3.1 description of every endpoint" /> ## Social Follow Bloxwap across communities and live social channels. } title="Telegram" href="https://t.me/bloxwap" description="Telegram" /> } title="𝕏" href="https://x.com/bloxwap" description="X.com" /> } title="Farcaster" href="https://farcaster.xyz/bloxwap" description="Farcaster" /> } title="X Community" href="https://x.com/i/communities/1970606123842711887" description="X Community" /> } title="Discord" href="https://discord.com/invite/cEfkcg6JHT" description="Discord" /> } title="Reddit" href="https://www.reddit.com/r/Bloxwap/" description="Reddit" /> ## Marketing Watch and share Bloxwap content across media platforms. } title="TikTok" href="https://www.tiktok.com/@taptradetv" description="TikTok clips & videos of Bloxwap in action" /> } title="Instagram" href="https://www.instagram.com/taptradetv" description="Instagram posts of Bloxwap in action" /> } title="YouTube" href="https://www.youtube.com/@taptradetv" description="YouTube clips & videos of Bloxwap in action" /> } title="LinkedIn" href="https://www.linkedin.com/company/bloxwap" description="LinkedIn" /> ## Contribute Help Bloxwap show up accurately across the web: add these official links to our [Wikidata item](/docs/wikidata), join the [Creator Pipeline](/docs/creators), or grab a script from [Explainers](/docs/explainers). --- # Listing > The four criteria a market has to clear before Bloxwap lists it — an on-chain venue, $1M average daily volume over the trailing 7 days, the deepest book for that asset, and a source carrying at least five category-defining markets. Re-evaluated quarterly. Source: https://bloxwap.com/docs/listing Bloxwap lists deliberately. Every market on the app cleared the same four criteria, and every listing is [re-checked against them quarterly](#quarterly-re-evaluation). This page is the whole bar — there is no discretionary tier, no paid listing, and no exception process. ## 1. The venue has to be on-chain Bloxwap only lists markets that trade and settle on-chain, from your own wallet. That rules out centralized venues no matter how deep their books are — if a market depends on a custodian holding your position, it is not eligible, full stop. This is a property of *how the market trades*, not of what it tracks. The stocks, commodities, and indices on Bloxwap are on-chain perpetuals with on-chain settlement, not brokerage positions wrapped in an app. It's the same reason your trades never touch a Bloxwap-controlled account: there isn't one. ## 2. $1M average daily volume over the trailing 7 days An asset has to average more than **$1,000,000 of daily volume across the trailing 7 days** to qualify. The trailing window is the point. A single day of frenzied volume doesn't earn a listing, and one quiet holiday session doesn't cost a market its place. Seven days is long enough that the number reflects real, repeated demand, and short enough that it still tracks where traders actually are. ## 3. We list from the deepest book When more than one venue offers the same asset, Bloxwap lists the one with the **deepest liquidity** — and only that one. Depth is what you feel on every fill. A thin book prices the trade against you through slippage, so listing a shallower venue for the sake of variety would quietly cost traders money on every position. One asset, one source, chosen on depth. ## 4. The source has to carry five category-defining markets A venue qualifies as a source only if it offers at least **five category-defining markets** — the benchmark names a category is measured by, not five arbitrary tickers. A venue that lists one flagship name isn't a source, it's a one-off. Five of them is evidence the venue is committed to the category and will keep maintaining it, which is what makes the listing durable enough to build on. Crypto, Commodities, Stocks, Indices, and Pre-IPO. The full list of live markets and their leverage caps is on the [Assets](/docs/assets) page. ## Quarterly re-evaluation The four criteria describe what a market has to be, not what it had to be on the day it was added. **Every listed market is re-checked against all four criteria once a quarter.** At each review, volume is re-measured on the same trailing 7-day window, and depth is re-compared against any venue that has matured since the last pass. A market that no longer clears the bar is removed, and if a deeper source has appeared for an asset we already list, the listing moves to it. The review runs in both directions. An asset that was turned down before is re-checked on the same schedule, so a market that grows into the criteria gets listed at the next quarter without anyone having to ask. The effect is that the list stays short on purpose. Bloxwap would rather run a small number of markets you can size into confidently than a long menu where half the tickers punish you on the fill. --- # Referral leaderboard > The Bloxwap referral leaderboard — top referrers ranked by how many traders they've brought to Bloxwap. Source: https://bloxwap.com/docs/referral-leaderboard Refer friends to Bloxwap and climb the board. Every trader who registers with your code counts toward your rank here. ## Your referral code Any wallet with **over $1,000 in lifetime trading volume** can claim a custom referral code from the app (Rewards → Referral code): - **Pick your own handle** — 3–20 characters, `A–Z` and `0–9`, starting with a letter. Lowercase input is fine; codes are stored and shown uppercase. - **One code per wallet, permanent.** Once claimed it can't be renamed or transferred, so choose carefully. Brand terms, role words (like `ADMIN` or `SUPPORT`), and profanity are reserved and can't be claimed. - **Reusable.** Share `bloxwap.com/r/YOURCODE` with as many people as you like — the same link works for every signup, and the app gives you one-tap copy and native share. ## How attribution works - A new trader registers your code (or opens your link, which pre-fills it) and confirms with a free wallet signature — nobody can be attributed without their consent, and registering never moves funds. - **Each trader can be referred once, ever**, and you can't register your own code. - Referrals are a leaderboard count. They don't change anyone's fees, and no money attaches to them. --- # $BLOXWAP > $BLOXWAP — a buyback-and-burn plus a burn-to-unlock fee discount. Source: https://bloxwap.com/docs/token ShieldCheck, FileSearch, ChartCandlestick, Eye, ChartScatter, Search, Pill, } from 'lucide-react'; $BLOXWAP launched as a meme coin for the live stream. To reward the community, it now carries **two real token value props** — a buyback-and-burn and a fee discount. $BLOXWAP is a token, not a company share — no equity and no governance. Its utility is purely mechanical: the buyback-and-burn and the fee discount described below. ## Value props $BLOXWAP rewards the community in two ways. ### Buyback & burn Once Bloxwap crosses **$1,000,000 in cumulative revenue**, we will deploy a programmatic contract to buy back and burn $BLOXWAP across chains — directing a share of revenue into buying it on the open market and burning it. - **Starts:** only after the first **$1M** in revenue. - **Rate:** **5% of monthly revenue**. - **Action:** buy back on-chain, then burn — deflationary, not a payout. - **Cap:** continues until **50% of the total supply** has been burned. ### Fee discount Burn $BLOXWAP to cut your Bloxwap **builder fee from 0.05% (5 bps) to 0.025% (2.5 bps)**. $BLOXWAP lives on Solana, while trading happens on Bloxwap (atop Hyperliquid) — so the discount is unlocked by a **burn you prove across chains**: you burn $BLOXWAP on Solana, the burn is verified, and the reduced fee applies to your Bloxwap trading. Decided: a qualifying burn drops your builder fee from **0.05% → 0.025%** (5 → 2.5 bps). Still being finalized — the exact burn amount required, whether the discount is one-time or recurring, and the cross-chain verification flow. ## Verify the token $BLOXWAP is a standard SPL token — mint and freeze authority renounced, and its primary liquidity locked. Don't take our word for it; check it yourself. Contract address: Contract address: 2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump } title="RugCheck" href="https://rugcheck.xyz/tokens/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="Risk & authority audit" /> } title="SolSniffer" href="https://solsniffer.com/token/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="Contract safety score" /> } title="DexScreener" href="https://dexscreener.com/solana/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="Live markets & liquidity" /> } title="Birdeye" href="https://birdeye.so/token/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump?chain=solana" description="Security & holders" /> } title="Bubblemaps" href="https://app.bubblemaps.io/sol/token/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="Holder cluster map" /> } title="Solscan" href="https://solscan.io/token/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="On-chain explorer" /> } title="pump.fun" href="https://pump.fun/coin/2u3ufZ5defxwPXMixvvQpSs68PDNzHTdE52t9Crspump" description="Token origin" /> --- # How-to guides > Step-by-step walkthroughs for funding, withdrawing, trading, and qualifying for Season 01 on Bloxwap. Source: https://bloxwap.com/docs/how-to Short, step-by-step guides for getting things done on Bloxwap. For definitions see the [Glossary](/glossary); for quick answers see the [FAQ](/faq). } title="Deposit Bitcoin from Cash App" href="/how-to/deposit-bitcoin-cash-app" description="Fund with BTC sent straight from Cash App via a scanner-ready QR." /> } title="Fund from Solana" href="/how-to/fund-from-solana" description="Deposit native SOL or USDC; native SOL auto-swaps into USDC." /> } title="Withdraw to Base" href="/how-to/withdraw-to-base" description="Move USDC out to Base with a gasless, quoted withdrawal." /> } title="Set a stop-loss" href="/how-to/set-a-stop-loss" description="Attach a stop with ROE presets and fee-floor protection." /> } title="Qualify for Season 01" href="/how-to/qualify-for-season-01" description="Enable the builder fee and trade to earn leaderboard points." /> --- # How to deposit Bitcoin from Cash App > Fund your Bloxwap trading balance with Bitcoin sent straight from Cash App, using a scanner-ready QR code. Source: https://bloxwap.com/docs/how-to/deposit-bitcoin-cash-app Got Bitcoin in Cash App? This is the smoothest way to fund Bloxwap — the deposit QR is encoded so Cash App recognizes it as a Bitcoin send and auto-fills the address. Your BTC is routed into your USDC trading balance automatically. Funding from somewhere else? See [How to fund from Solana](/docs/how-to/fund-from-solana) or the full [FAQ](/docs/faq#deposits). --- # How to fund from Solana > Deposit native SOL or USDC from a Solana wallet; Bloxwap auto-swaps native SOL into your USDC trading balance. Source: https://bloxwap.com/docs/how-to/fund-from-solana You don't have to pre-convert to USDC to fund from Solana. Send the SOL you already hold and Bloxwap routes it through a swap into USDC on your trading balance — or send USDC directly. Prefer Bitcoin? See [How to deposit Bitcoin from Cash App](/docs/how-to/deposit-bitcoin-cash-app). Which chains and tokens are supported? See the [FAQ](/docs/faq#deposits). --- # How to qualify for Season 01 > Enable the Bloxwap builder fee and trade to earn leaderboard points toward the Season 01 prize pool. Source: https://bloxwap.com/docs/how-to/qualify-for-season-01 Season 01 pays out a $250,000 USDC pool to the top 100 traders on the Bloxwap leaderboard, funded entirely from builder fees. Qualifying takes one approval and then trading. The full eligibility, scoring, and payout terms — including the Restricted Jurisdictions — are in the [Season 01 Rules](/docs/season-01/rules). Track the live standings on the [Season 01 leaderboard](/docs/season-01). --- # How to set a stop-loss > Attach a stop-loss to a position using ROE presets or a custom amount, with fee-floor protection against a self-liquidating stop. Source: https://bloxwap.com/docs/how-to/set-a-stop-loss A stop-loss closes your position automatically if the market moves against you past a level you set. Bloxwap anchors the trigger to break-even and won't let you set a stop so tight that fees would trigger it instantly. A stop-loss is one risk control — see the [Glossary](/docs/glossary#liquidation) for how liquidation works, and practice risk-free first in demo mode (see the [FAQ](/docs/faq#demo-mode)). --- # How to withdraw to Base > Move your USDC trading balance out to Base with a gasless, quoted withdrawal that bridges via Relay. Source: https://bloxwap.com/docs/how-to/withdraw-to-base When you're ready to cash out, Bloxwap moves your USDC trading balance to Base with a gasless withdrawal — a relayer covers the network gas, and you see the exact output, fee, and ETA before you confirm. The same flow withdraws to Ethereum, Solana, or HyperEVM — just pick a different destination. Moving to HyperEVM on the same chain is free. See the [FAQ](/docs/faq#withdrawals) for more. --- # Season 01 > The Bloxwap Season 01 leaderboard — top traders split a $250,000 prize pool across 100 seats. Source: https://bloxwap.com/docs/season-01 The top 100 traders share a $250,000 prize pool, funded by the Hyperliquid builder-code fees collected on every trade routed through Bloxwap. Trade more, climb the board, and lock in a seat before the season closes. --- # Season 01 Prize Pool Rules > Official rules for the Bloxwap Season 01 prize pool — eligibility, scoring, rewards, fair-play, and prize delivery on Hyperliquid Core. Source: https://bloxwap.com/docs/season-01/rules _Last updated: May 4, 2026_ These rules (the "**Rules**") govern the Bloxwap "Season 01" prize-pool promotion (the "**Promotion**"). The Promotion is offered by Bloxwap ("**Bloxwap**", "**we**", "**us**") and is separate from the [Hyperliquid](https://hyperliquid.xyz) protocol itself. By entering the Promotion you agree to these Rules and to our [Terms of Use](/docs/terms) and [Privacy Policy](/docs/privacy), all of which are incorporated by reference. If anything in these Rules conflicts with the Terms of Use, the Terms of Use control. > **Not a sweepstakes, lottery, or game of chance.** Entry requires > trading activity. Outcomes depend on participant trading volume, not > on a random drawing. ## 1. Promotion at a glance - **Pool size:** USD 250,000, paid in USDC on Hyperliquid Core ("**HyperCore**"), funded entirely from the builder fees collected by Bloxwap's Hyperliquid referral. - **Winners:** the top 100 eligible participants on the Bloxwap leaderboard at season close. - **Scoring:** 1 point per USD 1 of revenue your trading generates for Bloxwap — the sum of builder fees you pay through Bloxwap's builder code plus, where applicable, referral rebates Hyperliquid routes to Bloxwap for your trades. The [public leaderboard](/docs/season-01) is the canonical scoreboard. - **Season close:** the season closes when Bloxwap has collected USD 250,000 in eligible builder fees, or on a date Bloxwap publishes in advance — whichever occurs first. - **No purchase or deposit is required to view the Interface or the leaderboard.** Trading is required to qualify; trading involves real risk of loss (see [Risk Disclosure](/docs/terms#3-risk-disclosure)). ## 2. Eligibility You are eligible to participate in the Promotion only if **all** of the following are true throughout the season: 1. You are a registered Hyperliquid user with an active wallet that can trade on Hyperliquid. 2. You have **builder fees enabled** on Hyperliquid for Bloxwap's builder address (`0x71b09A08257078A4d642F7Dd7315e656c837329a`) and **keep them enabled throughout the season**. Trades that do not carry the Bloxwap builder fee do not count toward your score. Revoking or reducing the approval below Bloxwap's required rate at any point removes the wallet from the leaderboard immediately and forfeits all accumulated points; re-enabling does not restore them. 3. You appear in the public leaderboard at [bloxwap.com/docs/season-01](/docs/season-01). Your wallet is added to the leaderboard automatically when you complete the in-app builder-fee approval, and remains there as long as the approval is active. Applying Bloxwap's referral code is encouraged (it earns you a discount on Hyperliquid taker fees) but is not required. 4. You are at least **18 years of age** (or the age of majority in your jurisdiction, whichever is greater) and have legal capacity to enter into these Rules. 5. You are **not** a citizen, resident, or located in any **Restricted Jurisdiction** (defined below), and you are not entering on behalf of a person or entity that is. 6. You are **not** subject to sanctions administered by the United Nations, the United States (including OFAC), the European Union, the United Kingdom, or any other applicable sanctions authority, and you are not on any sanctions or denied-persons list. 7. Your participation does not violate any law, regulation, or third- party agreement. 8. You are **not** a director, officer, employee, contractor, or immediate family member (parent, spouse, child, sibling, or member of the same household) of Bloxwap or any of its affiliates. ### Restricted Jurisdictions Participation is prohibited from, and you may not enter the Promotion or receive a prize if you are a citizen, resident, or located in: the **United States of America** (including any U.S. territory), **Cuba**, **Iran**, **North Korea**, **Russia**, **Syria**, the **Crimea, Donetsk People's Republic, and Luhansk People's Republic regions of Ukraine**, or any other jurisdiction where derivatives, perpetual contracts, or prize-based promotions of this nature are prohibited or require a license that Bloxwap has not obtained. We may, in our sole discretion, add or remove jurisdictions from this list at any time and without notice. If a participant becomes ineligible at any point during the season — including by relocating to a Restricted Jurisdiction or being added to a sanctions list — that participant is automatically disqualified. ## 3. How to qualify 1. Open Bloxwap (web, mobile web, or via the Farcaster Mini App). 2. Connect a wallet that meets the eligibility requirements in Section 2. 3. Confirm builder fees are enabled for the Bloxwap builder address when prompted by the Interface or by Hyperliquid. 4. Trade. Each USD 1 of revenue your trading generates for Bloxwap — builder fees you pay through Bloxwap's builder code plus, where applicable, referral rebates Hyperliquid routes to Bloxwap for your trades — accrues 1 point on the leaderboard. The leaderboard is sorted by points, descending. 5. Wash, self-matched, sub-second toggle, or otherwise non-economic trading does not count and may result in disqualification (see Section 7). ## 4. The leaderboard - The leaderboard at [bloxwap.com/docs/season-01](/docs/season-01) is the **canonical scoreboard** for the Promotion. - The leaderboard is fed by data from Hyperliquid's public referral and fills endpoints, refreshed on a regular cadence and cached for short windows. Brief delays in updates are normal and not grounds for dispute. - Wallet addresses are pseudonymous on-chain identifiers; the leaderboard does not display any personal information beyond the truncated address. - Bloxwap reserves the right to correct leaderboard data at any time, including to remove ineligible entries, recompute scores, or apply anti-abuse adjustments. ## 5. Prize pool, scoring, and payout ### 5.1 Pool funding The Promotion is funded entirely from the builder fees Bloxwap collects from referred trades on Hyperliquid. The "**Pool**" caps at **USD 250,000**. Once Bloxwap has collected USD 250,000 in eligible builder fees, the season closes for the purposes of payout. If the season is closed by Bloxwap before the Pool reaches USD 250,000 (for example, due to a regulatory change, protocol change, or operational decision under Section 9), the Pool is the amount of builder fees actually collected as of the close date. ### 5.2 Winner selection At season close, the **top 100 eligible participants** on the leaderboard, ranked by total points, are the "**Winners**". Tie- breaking is performed by onboarding timestamp ascending — the wallet that approved Bloxwap's builder fee earlier wins the tie. Bloxwap's determination of the ranking, including all anti-abuse adjustments, is **final and binding**. ### 5.3 Distribution The full Pool is distributed across the top 100 finishers on the following weighted tiers (totals to USD 250,000 / 100% of the Pool): | Rank | Prize each | Subtotal | Share of Pool | | ------ | ---------- | -------- | ------------- | | 1 | $50,000 | $50,000 | 20% | | 2 | $25,000 | $25,000 | 10% | | 3 | $25,000 | $25,000 | 10% | | 4–10 | $10,000 | $70,000 | 28% | | 11–50 | $1,500 | $60,000 | 24% | | 51–100 | $400 | $20,000 | 8% | If the Pool is short of USD 250,000 at season close (Section 5.1), each tier is **pro-rated by the same percentage of Pool short-fall** — the rank-share percentages above are the controlling values, not the dollar amounts. Example: a Pool of USD 200,000 (80% of cap) pays the rank-1 finisher USD 40,000 (20% × USD 200,000), and so on through rank 100. ### 5.4 Payout - Prizes are paid in **USDC on Hyperliquid Core (HyperCore)** to the same wallet address that earned the points on the leaderboard. - We aim to pay Winners within **30 calendar days** after season close, but on-chain operational delays, KYC review, or sanctions screening may extend this period. Bloxwap makes no commitment to any specific payout date. - Bloxwap is **not responsible** for any fees, network costs, or losses associated with you receiving, holding, or withdrawing the prize after it is delivered to the winning wallet. - Failure of a Winner to claim or accept a prize within 90 days of notification (or, where no notification is required, of payout attempt) results in forfeiture of that prize. Forfeited prizes may be redistributed to remaining Winners, rolled into a future promotion, or used in any other manner Bloxwap elects. ### 5.5 Pre-payout verification Before paying any prize, Bloxwap may at its sole discretion require a Winner to: - Verify control of the winning wallet (e.g., by signing a message); - Complete identity verification ("**KYC**") through a third-party provider, including providing a government-issued ID and proof of address, sufficient to satisfy Bloxwap's sanctions-screening, anti-money-laundering, and tax-reporting obligations; - Sign a brief eligibility declaration confirming compliance with these Rules; and / or - Provide tax-reporting information (e.g., a W-8BEN equivalent) where Bloxwap reasonably believes it is required. A Winner who refuses or fails to complete reasonable verification within 30 days of being asked is disqualified, their prize is forfeited, and the Pool may be redistributed as described above. ## 6. Taxes **Winners are solely responsible for any and all taxes, withholdings, duties, levies, or governmental charges that apply to their prize.** Prizes may be reported to tax authorities where Bloxwap reasonably believes such reporting is required. Bloxwap does not provide tax advice; consult your own tax advisor about the implications of participating in or winning the Promotion. ## 7. Fair play and anti-abuse The following are strictly prohibited and constitute grounds for **immediate disqualification, forfeiture of any prize, and recoupment** of any prize already paid: - **Wash trading.** Trades executed primarily to inflate volume, including self-matched trades, trades between accounts under common control, or trades coordinated with another participant for the purpose of accumulating points. - **Sybil entries.** Operating multiple wallets that are controlled by, beneficially owned by, or acting in concert with the same person or entity. Bloxwap may at its discretion consolidate or disqualify Sybil entries, even if they appear on the leaderboard under different addresses. - **Bot or automated abuse** that exceeds reasonable use of the public Hyperliquid or Bloxwap APIs. Normal algorithmic trading through the Hyperliquid protocol is **not** prohibited so long as it complies with the rest of these Rules and the Hyperliquid terms of service. - **Misrepresentation** of identity, age, jurisdiction, or eligibility under Section 2. - **Violation of Hyperliquid's terms of service** or any other rule applicable to your trading activity. - **Any conduct intended to defraud, harm, or unfairly disadvantage** Bloxwap, Hyperliquid, or any other participant. Bloxwap reserves the right to investigate suspected violations, including by reviewing on-chain activity, third-party data, and any other information lawfully available to it. **Bloxwap's determinations on fair-play matters are final.** ## 8. Privacy - The wallet addresses on the public leaderboard are pseudonymous on-chain identifiers and are visible to anyone with the URL. - Personal information you provide for KYC, sanctions screening, or tax reporting (Section 5.5) is processed in accordance with our [Privacy Policy](/docs/privacy). Bloxwap may share that information with regulated third-party verification providers as necessary to complete the checks. - Bloxwap does **not** publish any personal information beyond the truncated wallet address. ## 9. Modifications, suspension, and termination Bloxwap may, at any time and in its sole discretion: - Modify these Rules (including the Pool size, the number of Winners, the scoring formula, the eligibility criteria, or the distribution mechanics) by publishing the updated Rules at this URL. Material changes will be effective on the date posted; if you continue to participate after the change, you accept the modified Rules. - Suspend, postpone, extend, shorten, or cancel the Promotion in whole or in part — including if the Hyperliquid protocol's referral or builder-fee mechanics change in a way that materially affects the Promotion, or if Bloxwap determines that operating the Promotion as designed is impractical, unlawful, or would expose Bloxwap or participants to material risk. - Modify or remove a participant's eligibility for any reason consistent with Section 2 or Section 7. If the Promotion is canceled before any payout is made, the Pool may be rolled into a successor promotion or otherwise applied as Bloxwap elects. **No participant has any vested right or claim to any portion of the Pool prior to a final, completed payout.** ## 10. Disclaimers THE PROMOTION IS PROVIDED **"AS IS" AND "AS AVAILABLE"**. TO THE MAXIMUM EXTENT PERMITTED BY LAW, BLOXWAP MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, WITH RESPECT TO THE PROMOTION, THE LEADERBOARD, THE POOL, OR ANY PRIZE. YOU ACKNOWLEDGE THAT TRADING ON THE HYPERLIQUID PROTOCOL INVOLVES SUBSTANTIAL RISK OF LOSS, AND THAT NOTHING IN THESE RULES OR THE PROMOTION SHOULD BE CONSTRUED AS AN INDUCEMENT, RECOMMENDATION, OR ADVICE TO TRADE. YOU MAY LOSE MORE IN TRADING THAN YOU WIN IN THE PROMOTION. ## 11. Limitation of liability TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL BLOXWAP, ITS AFFILIATES, OR ANY OF THEIR RESPECTIVE OFFICERS, DIRECTORS, EMPLOYEES, OR AGENTS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOST PROFITS, LOST DATA, LOST REWARDS, OR LOSS OF FUNDS, ARISING OUT OF OR IN CONNECTION WITH THE PROMOTION, THE LEADERBOARD, OR THESE RULES, WHETHER IN CONTRACT, TORT, OR OTHERWISE, EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Bloxwap's aggregate liability under these Rules is limited to the **amount of the prize**, if any, owed to you under Section 5 — and in no event more than **USD 100,000**. ## 12. Indemnification You agree to defend, indemnify, and hold harmless Bloxwap and its affiliates from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with: (a) your participation in the Promotion; (b) your violation of these Rules; (c) your violation of any law or third-party right; or (d) any misrepresentation in your eligibility declaration or other information provided to Bloxwap. ## 13. Independence of the Hyperliquid protocol The Promotion is operated **solely by Bloxwap**. The Hyperliquid protocol, the Hyperliquid Foundation, and any other Hyperliquid- related entity are **not sponsors, administrators, or guarantors** of the Promotion. Nothing in these Rules creates any obligation on, or liability of, those parties. ## 14. Governing law and disputes These Rules are governed by the laws of the **British Virgin Islands**, without regard to its conflict-of-laws rules. Any dispute arising out of or relating to these Rules will be resolved exclusively by **binding arbitration** seated in the British Virgin Islands under the rules of the BVI International Arbitration Centre, in English, before a single arbitrator. The Parties waive any right to participate in a class action or class arbitration. The opt-out procedure in Section 13 of the Terms of Use applies to the arbitration provision in these Rules as well. ## 15. Severability and interpretation If any provision of these Rules is held unenforceable, the remaining provisions remain in full force and effect, and the unenforceable provision will be modified to the minimum extent necessary to make it enforceable while preserving its intent. Headings are for convenience only and do not affect interpretation. ## 16. Contact Questions about the Promotion or these Rules can be sent to [support@bloxwap.com](mailto:support@bloxwap.com). --- **A note on these Rules.** They are written for clarity and to be fair to participants while protecting Bloxwap from foreseeable risks. They are not a substitute for legal advice in your jurisdiction. If anything below is unclear, contact us before entering. --- # Bloxwap Blog > Plain-language guides and explainers for trading on Bloxwap — the easiest way to trade perps on Hyperliquid. Source: https://bloxwap.com/blog Plain-language guides to Bloxwap and trading perpetuals on Hyperliquid. No DeFi background needed. ## Latest --- # Bloxwap Season 01: the $250,000 prize pool explained > How Bloxwap's Season 01 prize pool works — a $250,000 USDC pool, funded by builder fees, paid to the top 100 traders. What it is, how to qualify, and how prizes pay out. Source: https://bloxwap.com/blog/bloxwap-250k-prize-pool Bloxwap is running a **Season 01 prize pool**: up to **$250,000**, paid in USDC to the top 100 traders on the Bloxwap leaderboard. This guide explains what it is, how you qualify, and how the prizes pay out — in plain English. This is a plain-language summary. The full, binding details live in the [official rules](https://bloxwap.com/rules), which always control if anything here is unclear or out of date. ## What it is The prize pool is **$250,000**, paid in **USDC** — a digital dollar where 1 USDC is worth about $1 — on **Hyperliquid Core** (the part of Hyperliquid that holds your trading balance, often shortened to "HyperCore"). It is **not a giveaway or a raffle**. You don't win by luck or a random drawing. You earn your place by trading: the more trading activity you bring to Bloxwap, the higher you climb. ## Where the money comes from The pool is funded entirely by **builder fees**. A builder fee is a small fee Hyperliquid charges on each trade you make through Bloxwap, which goes to Bloxwap for building the app. There's no buy-in, no deposit, and nothing to purchase — the pool fills up from those fees as people trade. ## How scoring works Your rank is based on **points**: > You earn **1 point for every $1 of revenue your trading generates for > Bloxwap.** That revenue is mostly the builder fees you pay through Bloxwap, plus any referral rebates Hyperliquid routes to Bloxwap for your trades. More trading volume means more fees, which means more points. The [public leaderboard](https://bloxwap.com/docs/season-01) is the official scoreboard. It updates on a regular schedule (small delays are normal) and ranks everyone by points, highest first. ## The prizes At season close, the **top 100** traders share the pool on these tiers: | Rank | Prize each | | ------ | ---------- | | 1 | $50,000 | | 2 | $25,000 | | 3 | $25,000 | | 4–10 | $10,000 | | 11–50 | $1,500 | | 51–100 | $400 | Those add up to the full $250,000. If the pool ends below $250,000, every prize is scaled down by the same percentage. For example, if the pool reaches $200,000 (80% of the cap), first place pays $40,000 instead of $50,000, and so on down the list. The **percentages** are fixed, not the exact dollar figures. ## How to qualify To be eligible you need to (these are the essentials — the [rules](https://bloxwap.com/rules) have the full list): 1. Be a registered Hyperliquid user with a wallet that can trade. 2. **Enable builder fees** for Bloxwap when the app asks, and keep them on for the whole season. Trades without the Bloxwap builder fee don't count. If you turn the approval off, your wallet drops off the leaderboard and loses its points — turning it back on doesn't restore them. 3. Be **18 or older** (or the age of majority where you live). 4. Not live in a restricted location (the U.S. and several others are excluded) and not be on any sanctions list. You're added to the leaderboard automatically once you approve the builder fee in the app. Using Bloxwap's referral code is encouraged — it gives you a discount on Hyperliquid's trading fees — but it isn't required. New to the app? Start with [What is Bloxwap?](https://bloxwap.com/blog/what-is-bloxwap). ## When the season ends The season closes when **one of two things happens first**: - Bloxwap collects $250,000 in eligible builder fees, or - a closing date that Bloxwap announces in advance. ## How and when you get paid Prizes are paid in **USDC on HyperCore**, sent to the same wallet that earned your points. Bloxwap aims to pay within **30 days** of season close, though identity or sanctions checks can take longer. Before paying, Bloxwap may ask you to prove you control the wallet and to complete identity verification (KYC). ## A word on risk Climbing the leaderboard means trading, and **trading carries real risk** — leverage can multiply your losses as easily as your gains. You can lose more from trading than you'd win in the pool. Only trade what you can afford to lose, and read the [Risk Disclosure](https://bloxwap.com/terms#3-risk-disclosure) first. Ready to see where you stand? Check the live [leaderboard](https://bloxwap.com/docs/season-01), and read the [official rules](https://bloxwap.com/rules) for every detail — the terms can change, and the rules are always the source of truth. --- # How much does Bloxwap cost? Fees explained > Bloxwap fees explained in plain English — Hyperliquid trading fees, the Bloxwap builder fee, hourly funding, and a worked USDC example. Source: https://bloxwap.com/blog/bloxwap-fee-guide Short answer: an ordinary tap to open or close a live Bloxwap perp has two trading fee components. You pay Hyperliquid's exchange fee, plus a **5 basis point (0.05%) Bloxwap builder fee**. [Genesis](https://bloxwap.com/docs/genesis) traders pay a lower Bloxwap fee of **2.5 basis points (0.025%)**. With ordinary taps, you pay both when you open a position and again when you close it. For a regular perpetual at Hyperliquid's base taker rate as of August 2026, that is about **0.095% per fill** for a standard Bloxwap trader or **0.070% per fill** for a Genesis trader. Your exact Hyperliquid rate can differ by wallet and market, so the app calculates it for you. Bloxwap is a non-custodial, mobile-first app for trading **perpetuals** on Hyperliquid. A perpetual, or "perp," is a trade with no expiry date. You tap up to go long or tap down to go short, and the trade settles on Hyperliquid. You keep control of your wallet and use USD Coin (**USDC**), a digital dollar, as your trading balance. New to perps? Read [What are perpetual futures?](https://bloxwap.com/blog/what-are-perpetual-futures). ## The two fees on a normal trade A **fill** happens when your order matches with another trader's order. A normal tap on Bloxwap trades right away, so it pays Hyperliquid's **taker fee**. A taker is simply the trader who accepts a price already available in the market. 1. **Hyperliquid exchange fee.** As of August 2026, the base taker rate for a regular perp is **4.5 basis points (0.045%)**. Your rate can differ based on your 14-day trading volume, staked HYPE, referral discount, and the market you trade. Some independently listed markets also have their own fee settings. 2. **Bloxwap builder fee.** A builder fee pays the app that sends an order to Hyperliquid. Bloxwap adds **5 basis points (0.05%)** to each fill. A verified Genesis wallet pays **2.5 basis points (0.025%)** instead. A **basis point**, shortened to **bps**, is one hundredth of one percent. So 5 bps means 0.05%, not 5%. The [canonical Bloxwap fee table](https://bloxwap.com/docs/fees) always lists the current Bloxwap rates and links to Hyperliquid's full schedule. | Example rate per fill | Standard | Genesis | | -------------------------- | -------------------: | -----------------: | | Hyperliquid base taker fee | 4.5 bps | 4.5 bps | | Bloxwap builder fee | 5 bps | 2.5 bps | | **Example total** | **9.5 bps (0.095%)** | **7 bps (0.070%)** | ## A full $1,000 USDC example Suppose you deposit **$100 USDC** as margin and choose 10× leverage. Margin is the money backing your trade. Leverage makes your position larger, so your $100 controls a **$1,000 position**. Fees use the $1,000 position value, not the $100 margin: - Hyperliquid base taker fee: $1,000 × 0.045% = **$0.45**. - Standard Bloxwap builder fee: $1,000 × 0.05% = **$0.50**. - Total fee to open: **$0.95**. If you later close at the same $1,000 value, closing costs another **$0.95**. The estimated round trip is **$1.90**. A Genesis trader would pay about **$0.70** to open and **$0.70** to close, or **$1.40** total. The close fee can change because your position value and Hyperliquid rate can change. A full **flip** uses one order for twice your current position size. For example, reversing a $1,000 long into a $1,000 short trades about $2,000 of value. Fees apply to the amount that actually fills, so a partial fill costs less and may not complete the flip. An order that never fills does not pay a trading fee. ## Funding is not a Bloxwap fee Ordinary perp leverage has no old-style Bloxwap tick-distance borrow fee. Perps do have **funding**: an hourly payment between traders that helps keep the perp price close to the market price. Bloxwap does not collect it. When the funding rate is positive, long traders pay short traders. When it is negative, shorts pay longs. Hyperliquid values the position using a reference price called the **oracle price**, and the rate changes over time. If the rate is 0.001% and the oracle values your position at $1,000 at an hourly settlement, the payment is **$0.01**. Hold through six settlements while both numbers stay the same, and the paying side pays **$0.06**. The other side receives it. Learn how funding affects your final result in [How Bloxwap payouts work](https://bloxwap.com/blog/bloxwap-payouts-explained). ## There is no spam-escalation fee Current Bloxwap does not raise your fee because you trade quickly or hold several positions. Each filled order pays its normal fees, but the rate does not climb with your position count. If you find an old Bloxwap table showing a 10% base fee, a tick-distance borrow fee, or a fee increase after four positions, it describes the retired product. That escalation was designed to make rapid position stacking costly and protect the retired system's limited position slots. Those charges do **not** apply to today's Bloxwap app on Hyperliquid. For more context, read [Bloxwap vs Hyperliquid](https://bloxwap.com/blog/bloxwap-vs-hyperliquid) or check the [fees page](https://bloxwap.com/docs/fees) before you trade. The app's fee estimate is the best number for your wallet and selected market at that moment. Practice trades do not reach the exchange, so they do not pay these fees. This guide covers trading fees. Some ways of moving money into or out of your account can have separate route-specific app, sponsorship, network, or bridge costs; Bloxwap shows those before you confirm the transfer. --- # How Bloxwap payouts work > How money moves on Bloxwap — closing a position in profit or at a loss, liquidation, funding, and fees — with plain-English worked examples in USDC. Source: https://bloxwap.com/blog/bloxwap-payouts-explained Short answer: on Bloxwap there's no fixed payout. You open a trade with your own money, the trade gains or loses value as the price moves, and you keep the result **when you close**. How much you make or lose depends on how far the price moved — and which way you bet. Bloxwap is **the fastest way to trade** [perpetual futures](https://bloxwap.com/blog/what-are-perpetual-futures) ("perps") on **Hyperliquid**, a large decentralized exchange. It's **non-custodial**: your money stays in your own wallet and you sign every trade. ## How a position settles You open a trade in one direction: - **Tap up** to go **long** — you think the price will rise. - **Tap down** to go **short** — you think the price will fall. You back the trade with **USDC**, a digital dollar where 1 USDC ≈ $1. That deposit is your **margin**. Most trades use **leverage**, which multiplies your size: at 10× leverage, $50 of margin controls a $500 position. Until you close, your profit or loss is just on paper — it moves up and down with the price. Money only actually changes hands when you **close** the position (or get liquidated, more on that below). ## Closing in profit You go long on Bitcoin with **$50 USDC** margin at 10× leverage. That controls a **$500** position. Bitcoin rises **4%**. Your $500 position gains 4% → **+$20**. When you close, you get back your $50 margin **plus** the $20 gain = **$70**. Notice the percentages: Bitcoin moved 4%, but you made **+40% on your margin** ($20 on $50). Returns on Bloxwap are measured against your margin, not the full position size. That **+$20** is your **gross** profit — before costs. After a small amount in fees (typically well under a dollar on a trade this size), your **net** profit — what actually lands back in your wallet — is a little lower, around **+$19.50**. Gross is the headline number; net is what you keep. ## Closing at a loss Same setup: **$50** margin, long Bitcoin, 10× leverage, $500 position. This time Bitcoin **falls 4%**. Your position loses **$20** (−40% on your margin). You close and get back **$50 − $20 = $30**, minus fees. The key safety rule: **you can never lose more than the margin you put in.** Your $50 was the most at risk. ## Liquidation If the price keeps moving against you, your losses can grow until they nearly equal your margin. At that point Hyperliquid **force-closes** your trade so your loss can't go past your deposit. This is called **liquidation**. Worked example: you go long on Bitcoin at **$100,000** with **$50** margin at 10× leverage. At 10× a roughly **10%** move against you wipes out your margin, so your **liquidation price** sits a little above that — around **$90,500** (just short of −10%, because fees and a small safety buffer count too). If Bitcoin falls to about $90,500, your trade is closed automatically and you lose your $50 margin. Liquidation is the main risk of leverage — lower leverage moves the liquidation price further away. ## Funding Because a perp never expires, exchanges use a small recurring payment between longs and shorts to keep the perp's price close to the real market price. That payment is the **funding rate**. On Hyperliquid it's exchanged every hour. Sometimes you pay it, sometimes you receive it — it's usually tiny, but over a long-held trade it adds up, so it's worth knowing it exists. ## Fees You pay fees when you open and when you close. There are two parts: 1. **Hyperliquid's exchange fee** — the standard rate every trade on the exchange pays. 2. **The Bloxwap builder fee** — a flat **5 bps (0.05%)** of your trade, or **2.5 bps** for [Genesis](https://bloxwap.com/docs/genesis) traders. Fees are what turn gross into net. See the full breakdown on the [fees page](https://bloxwap.com/docs/fees). ## FAQ **Can I lose more than I deposit?** No. The most you can lose is your margin — liquidation closes the trade before your loss goes past it. **What's the difference between gross and net?** Gross is your raw price gain or loss. Net subtracts fees (and any funding). Net is what actually moves in or out of your wallet. **When does money actually move?** When you close the position — or when it's liquidated. Until then, your profit or loss is unrealized and can still change. --- New here? Start with [What is Bloxwap?](https://bloxwap.com/blog/what-is-bloxwap) or the beginner guide to [perpetual futures](https://bloxwap.com/blog/what-are-perpetual-futures). Read the full [docs](https://bloxwap.com/docs) before you size up — leverage is powerful, and a move against you is magnified. --- # Bloxwap vs Hyperliquid: what's the difference? > Bloxwap is a simple app for placing trades; Hyperliquid is the exchange those trades run on. Here's how they fit together, where they differ, and when to use each. Source: https://bloxwap.com/blog/bloxwap-vs-hyperliquid Short version: **Bloxwap and Hyperliquid aren't competitors — they work together.** Hyperliquid is the exchange where trades happen. Bloxwap is a simple app that places your trades on it. You trade *on* Hyperliquid *through* Bloxwap. If some of these words are new, this page explains each one in plain English. ## TL;DR | Aspect | Hyperliquid | Bloxwap | | ------ | ----------- | ------- | | What it is | The exchange (the "protocol") | An app to trade on it (the "interface") | | Its job | Holds the order book, matches trades, settles them | Gives you a fast, one-tap way to place those trades | | You interact with | A full trading screen | Two buttons: up and down | | Holds your money? | No — funds stay in your wallet | No — non-custodial, you keep your keys | | Runs on | Its own blockchain | Hyperliquid | | Best for | Advanced traders who want every tool | Anyone who wants to trade fast from their phone | ## What Hyperliquid is Hyperliquid is a **decentralized exchange** — an online marketplace for trades that no single company controls. ("Decentralized" means it runs on a public blockchain instead of one company's servers.) It's where the actual trading happens: it keeps the **order book** (the live list of buy and sell offers), matches buyers with sellers, and records who owns what. Hyperliquid specializes in **perpetuals**, or "perps." A perp is a trade that lets you bet on a price going up or down without owning the thing itself. You're not buying Bitcoin — you're betting on which way its price moves. A perp never expires, so you can close it whenever you want. Hyperliquid is powerful, but its screen is built for experienced traders: order types, charts, margins, and a lot of numbers. ## What Bloxwap is Bloxwap is a **trading interface** — an app that sits on top of Hyperliquid and makes it simple to use. It's the easiest way to trade. Instead of an order form, you get two buttons: - **Tap up** to bet the price will rise (this is called going **long**). - **Tap down** to bet it will fall (going **short**). You fund trades with **USDC**, a digital dollar worth about $1. You can add **leverage**, which multiplies both your gains and your losses — with 10× leverage, a 1% price move becomes a 10% change in your position. Bloxwap doesn't run an exchange and never holds your money. It hands your trade to Hyperliquid, where it settles. For the full walkthrough, read [What is Bloxwap?](https://bloxwap.com/blog/what-is-bloxwap) ## Where they overlap — and where they differ They share the **same market and the same prices**. A trade you place through Bloxwap is the exact same trade on Hyperliquid — same order book, same settlement. Bloxwap doesn't change the price or the odds; it only changes how you place the trade. The differences are all about the experience: - **Custody (who holds your money):** Both are **non-custodial** — your funds stay in your own wallet and you sign every trade yourself. Neither Bloxwap nor Hyperliquid can move your money for you. - **Settlement (where the trade finishes):** Every Bloxwap trade settles on Hyperliquid. Bloxwap is the front door; Hyperliquid is the vault. - **User experience:** Hyperliquid gives you a full desk of tools. Bloxwap gives you up and down. One is a cockpit; the other is a light switch. - **Fees:** You pay Hyperliquid's normal trading fees either way. Bloxwap adds a small fee on top for the convenience. See the exact numbers on the [fees page](https://bloxwap.com/docs/fees). ## When to use each - **Use Bloxwap** if you want to trade quickly from your phone, you like the simplicity of two buttons, and you don't need advanced order tools. Most people start here. - **Use Hyperliquid directly** if you're an experienced trader who wants limit orders, detailed charts, and fine control over every setting. You don't have to pick forever. Because both are non-custodial and use the same markets, your positions live on Hyperliquid no matter which app you place them from. ## FAQ **Is Bloxwap a competitor to Hyperliquid?** No. Bloxwap is built *on top of* Hyperliquid. Think of Hyperliquid as the exchange and Bloxwap as an easy remote control for it. **Does Bloxwap hold my money?** No. Bloxwap is non-custodial. Your USDC stays in your wallet, you sign every trade, and it settles on Hyperliquid. **Do I get the same prices as on Hyperliquid?** Yes. It's the same market and order book. Bloxwap just gives you a faster way in and out. **What can I trade?** The markets Hyperliquid supports — crypto like Bitcoin and Ethereum, and more. See the [assets page](https://bloxwap.com/docs/assets). **Is it risky?** Yes. Trading perps can lose money, and leverage increases that risk. New to perps? Start with [What are perpetual futures?](https://bloxwap.com/blog/what-are-perpetual-futures) Only trade what you can afford to lose. --- # Bloxwap vs traditional perp trading: why tap-to-trade is different > Tap-to-trade is still real perpetual trading on Hyperliquid. See how Bloxwap's one-tap mobile flow compares with a traditional perp order screen. Source: https://bloxwap.com/blog/bloxwap-vs-traditional-perp-trading **The short answer:** Bloxwap and a traditional perpetual trading screen can reach the same Hyperliquid markets, but they ask you to work in different ways. A traditional screen gives you many controls before every order. Bloxwap saves the core choices in a simple mobile setup, then lets you tap **UP** to go long or **DOWN** to go short. Tap-to-trade is not a different kind of financial product. It is a simpler way to open a real **perpetual**, or **perp**: a leveraged trade on whether a price will rise or fall, with no expiry date. Every Bloxwap perp routes to and settles on Hyperliquid. If perps are new to you, start with [What are perpetual futures?](/what-are-perpetual-futures). ## What a traditional perp screen asks you to do A full perp exchange is designed to expose nearly every choice. You may see an **order book**, the live list of prices where people want to buy and sell. You choose an order type, enter a price, set a position size, select leverage, and decide whether the order should stay open if it cannot trade right away. That control is useful. A **limit order**, for example, lets you choose a price and wait for the market to reach it. The screen also shows the **liquidation price**. Liquidation is the exchange's automatic exit when a leveraged trade has lost nearly all the money backing it. That system still exists when an app makes it less prominent. ## What Bloxwap changes Bloxwap is a non-custodial, mobile-first interface for the same kind of perp. **Non-custodial** means you keep control of your wallet and its keys. Bloxwap does not take possession of your money. You choose a market, your USDC amount, leverage, stop loss, and take profit in a compact setup. **USDC** is a digital dollar worth about $1. Once those choices are ready, direction becomes one gesture: - Tap **UP** to open a long, which gains when the market rises. - Tap **DOWN** to open a short, which gains when the market falls. Bloxwap sends an immediate order to Hyperliquid's order book, where it is matched and settled on-chain. Bloxwap removes repeated order-ticket work; it does not remove the leverage, fees, funding payments, or liquidation risk. Tap-to-trade also does **not** mean a fixed payout or a fixed tick-distance bet. Today's Bloxwap opens an ordinary Hyperliquid perp. Your profit or loss keeps changing with the market until you close, flip, hit a protective order, or get liquidated. ## Side-by-side comparison | Question | Traditional perp interface | Bloxwap tap-to-trade | | -------------------- | ----------------------------------- | --------------------------------- | | How do you enter? | Complete an order ticket | Set up once, then tap UP or DOWN | | Main strength | Detailed control | Speed and clarity on a phone | | Order choices | Market, limit, and advanced types | Immediate tap execution | | Price and settlement | Exchange order book | The same Hyperliquid order books | | Custody | Depends on the platform | Non-custodial; you keep your keys | | Best fit | Precise execution and complex plans | Fast directional trades | ## A $50 USDC example Suppose you have **$50 USDC** and choose 5× leverage. Leverage multiplies the size of a trade, so your $50 backs a **$250 position**. On a traditional screen, you might choose “market,” type $50, select 5×, pick long, review the estimated liquidation price, and submit. On Bloxwap, you set the same size and leverage in its mobile controls, then tap **UP**. If the asset rises 2%, the $250 position gains about $5 before fees and funding. That is a 10% gain on your $50. If the asset falls 2%, the position loses about $5. Bloxwap makes the entry shorter, but it does not change that math. Read [How Bloxwap payouts work](/bloxwap-payouts-explained) for complete profit, loss, funding, and liquidation examples. ## Simplicity versus control Tap-to-trade is faster because it narrows the task. You make the important choices, then express direction with one thumb. You can also close or flip an open position without rebuilding an order form. See [every trading-screen control](/how-it-works) for a guided tour. The trade-off is control. A full terminal is better when an exact entry price, a resting limit order, or a complex plan matters more than speed. Bloxwap focuses on immediate directional trades. Neither approach removes risk. Leverage makes gains and losses larger. Fast entry can also make it easier to trade before thinking through the downside. Check the liquidation estimate, use a size you can afford to lose, and review the current [fees](https://bloxwap.com/docs/fees) and [available markets](https://bloxwap.com/docs/assets) before you tap. ## Which one is for you? Use Bloxwap when you want the easiest route from an idea to a live Hyperliquid position, especially from your phone. It fits a trader who understands the risk, wants to choose up or down quickly, and does not need a detailed order ticket for each entry. Use a traditional perp terminal when you need exact price control, several order types, deeper market data, or a multi-step plan. You do not have to pick one forever. Because Bloxwap positions settle on Hyperliquid, you are choosing an interface for perp trading—not a separate market. --- # How Bloxwap works — every control on the trading screen, explained > A guided tour of the Bloxwap trading screen — Up, Down, Flip, Close, Markets, Position, and Profile — so you understand the easiest way to trade at a glance. Source: https://bloxwap.com/blog/how-it-works Bloxwap is the easiest way to trade. The whole app is a single screen: a price chart in the middle, your account at the top, and the controls that open and manage a trade along the bottom. There are no order forms to fill out and no jargon to decode — just a handful of taps. This page walks through every one of them so you know exactly what each does before you tap it. ## The screen at a glance Three bands, top to bottom: - **Top** — your account and the market you're looking at. - **Middle** — a live price chart for that market. - **Bottom** — the action buttons. These change depending on whether you have a trade open. Everything below is one of those pieces. ## Opening a trade: Up and Down Every trade starts with a single tap. You're betting on which way a price will move next: - **Up** — tap up to open a **long**. You profit if the price goes up, and lose if it goes down. - **Down** — tap down to open a **short**. You profit if the price goes down, and lose if it goes up. That's the core of it. Pick a market, decide which way you think it's headed, and tap Up or Down. Bloxwap places the trade for you on Hyperliquid — the exchange running underneath — in seconds. ## Managing an open position: Flip and Close The moment you have a trade open, the two buttons at the bottom change. Now they manage the position you're in: - **Flip** — reverse your position in one tap. If you're long, Flip closes the long and opens a short in its place (and the other way around). It's for the moment you decide you were leaning the wrong way and want to switch sides instantly, instead of closing and re-opening by hand. - **Close** — exit the trade and lock in the result. Closing settles the position on Hyperliquid and returns your funds, plus or minus whatever the trade made — that's your realized profit or loss. ## Getting around: Markets, Position, and Profile Three more pieces tie the screen together: - **Markets** — the market picker. Open it to browse and switch between the assets you can trade — crypto, stocks, commodities, and more — each with its own live price. Pick one and the chart and buttons retarget to that market. - **Position** — your open-position readout. It shows the trade you're in at a glance: its size, your entry price, and your live profit or loss as the market moves. When you're flat — no trade open — there's nothing to show here. - **Profile** — your account. Your wallet, balance, trade history, and settings all live here. It's also where you add funds and manage how the app behaves. ## That's the whole app A chart to watch, two taps to open a trade, two more to manage it, and a few places to find your way around. No clutter, no learning curve — just the easiest way to trade. Ready to try it? [Open Bloxwap](https://bloxwap.com) and place your first tap. --- # Is Bloxwap safe? Non-custodial trading and on-chain settlement explained > Is Bloxwap safe and legit? Yes — it's non-custodial, so it never holds your money or your keys. Here's what that means for your funds, in plain English. Source: https://bloxwap.com/blog/is-bloxwap-safe **Short answer: yes.** Bloxwap is *non-custodial*, which means it never holds your money or your keys. Your funds stay in a wallet that only you control, and every trade you make is settled on Hyperliquid — a public exchange that records trades on a blockchain, not in a private company database. If some of those words are new, don't worry. This page explains each one and shows exactly what Bloxwap can and can't do with your money. ## What "non-custodial" means When you use a normal exchange, you send it your money and it holds it for you. That's *custodial*: a company has custody of your funds, the same way a bank holds your cash. If that company freezes your account, goes broke, or gets hacked, your money is caught up in it. Bloxwap works the other way. It's a **trading interface** — an app that sits on top of an exchange and makes it easy to use — but it never takes your money. Your funds live in **your own wallet**. A **wallet** is an app that holds digital dollars and signs your trades. Bloxwap gives you an *embedded wallet* (created for you in a couple of taps, no browser extension needed), or you can connect a wallet you already own. Either way, the wallet is controlled by a secret **key** that only you hold. Bloxwap can't see it, and can't move a single dollar without a request you approve yourself. So "non-custodial" simply means: **no one takes custody of your money but you.** ## Where your money actually lives Bloxwap doesn't run an exchange. It places your trades on **Hyperliquid**, a large **decentralized exchange** (a "DEX" — an exchange that runs on public code instead of one company's private servers). Your trades settle **on-chain**. "On-chain" means each deposit, trade, and withdrawal is written to a public blockchain that anyone can inspect — not hidden inside Bloxwap's books. You trade with **USDC**, a digital dollar where 1 USDC is worth about $1, and that USDC sits in your wallet on Hyperliquid the whole time. Because settlement is on-chain and in your wallet, your position doesn't depend on Bloxwap staying online. If Bloxwap's app disappeared tomorrow, your funds would still be yours on Hyperliquid, and you could manage them there directly. ## What Bloxwap can and can't do with your assets **Bloxwap can:** - Show you markets and live prices. - Build a trade when you tap **up** (a bet the price rises, called going *long*) or **down** (a bet it falls, called going *short*). - Ask your wallet to sign that trade. **Bloxwap cannot:** - Move, spend, or withdraw your funds on its own — every action needs a signature from your wallet, which only you approve. - See or copy your key. - Freeze your account or lock you out of your own money. You are always the one who presses the button and signs. ## The real risks to understand Being non-custodial removes the risk of a company losing your money. It does **not** remove the risk of *trading*. Those are different things, and the trading risks are real: - **Leverage cuts both ways.** Leverage multiplies your trade size. With 10× leverage, a 1% price move becomes a 10% change in your position. It grows gains *and* losses equally. - **Liquidation.** If the price moves against a leveraged trade far enough, the exchange closes it automatically to stop your loss going past your deposit. For example: you put **$50 USDC** into Bitcoin going up at 10× leverage. A roughly 10% drop in Bitcoin can wipe out that $50. You can't lose more than you put in, but you can lose all of it. - **Market risk.** Prices are unpredictable. A good guess can still lose. - **Your keys are your responsibility.** Non-custodial means freedom *and* responsibility — if you lose access to your wallet, no support desk can reset it for you. Back it up. None of these are unique to Bloxwap; they apply to any leveraged trading. The point is to size your trades so a bad one is survivable. ## Start safely - New to any of this? Read [What is Bloxwap?](/what-is-bloxwap) and [What are perpetual futures?](/what-are-perpetual-futures) first. - See how money moves — profit, loss, liquidation, and fees — in [How Bloxwap payouts work](/bloxwap-payouts-explained). - Check the [fees](https://bloxwap.com/docs/fees) and the [terms](https://bloxwap.com/docs/terms) before you trade. Bloxwap keeps your funds in your hands. The rest is up to you: trade small, understand leverage, and only trade what you can afford to lose. --- # What are perpetual futures? A beginner's guide > A plain-English guide to perpetual futures ("perps") — leveraged contracts that track an asset's price with no expiry date — and how to trade them on Bloxwap. Source: https://bloxwap.com/blog/what-are-perpetual-futures A **perpetual future** — "perp" for short — is a contract that lets you bet on whether a price will go up or down, without owning the thing itself and without any expiry date. You can hold it for a minute or a month, then close it whenever you want. If some of those words are new, don't worry. This guide explains all of them in plain English. ## The one-sentence version A perp tracks the price of something — like Bitcoin or a stock — and pays you (or charges you) based on which way that price moves. You never actually buy the asset. You're trading the *price*, not the thing. ## How perps work When you open a perp, you pick a direction: - **Long** means you think the price will go **up**. - **Short** means you think the price will go **down**. You put down some money to back the trade. That deposit is called **margin**. The money you trade with is **USDC**, a digital dollar where 1 USDC is worth about $1. Most perps let you use **leverage**, which multiplies your trade. With 10× leverage, $50 of your own money controls a $500 position. A small price move then becomes a bigger gain — or a bigger loss. Leverage cuts both ways. Here's a worked example. You go long on Bitcoin with **$50 USDC** at 10× leverage: - Bitcoin rises 2% → your position gains about 20% → roughly **+$10**. - Bitcoin falls 2% → you lose about the same → roughly **−$10**. If the price moves far enough against you, your margin can run out. At that point the exchange closes your trade automatically so your loss can't go below your deposit. This is called **liquidation** — it's the safety cutoff, and it's why leverage is risky. One more piece: the **funding rate**. Because a perp never expires, exchanges use a small recurring payment between longs and shorts to keep the perp's price close to the real market price. Sometimes you pay it, sometimes you receive it. It's usually tiny, but it's worth knowing it exists. ## How perps differ from regular futures A normal ("dated") future has an **expiry date** — a day when the contract ends and settles. Perps remove that. There's no expiry and nothing to roll over, so you can stay in a trade as long as you like. That's the whole idea behind the name: *perpetual*. The funding rate is the trade-off. A dated future doesn't need one; a perp uses it to stay anchored to the real price. ## Why people trade perps - **No expiry to manage** — open and close on your own schedule. - **Trade both directions** — you can profit when a price falls, not only when it rises. - **Capital efficiency** — leverage lets a small deposit control a larger position (with matching risk). - **No ownership needed** — you don't have to hold the actual coin or stock. ## Where Bloxwap fits [Bloxwap](https://bloxwap.com) is the easiest way to trade perps. It's an app that sits on top of **Hyperliquid**, a large decentralized exchange, and turns trading into two buttons: - **Tap up** to go long. - **Tap down** to go short. There are no order forms to fill out. Bloxwap is also **non-custodial** — it never holds your money. Your funds stay in your own wallet, you sign every trade, and it settles on Hyperliquid. New to the app itself? Start with [What is Bloxwap?](https://bloxwap.com/blog/what-is-bloxwap). To see what you can trade, browse the [assets page](https://bloxwap.com/docs/assets). ## A note on risk Perps are powerful, and leverage makes them riskier than simply buying an asset. A move against you is magnified, and liquidation can close your trade and take your deposit. Only trade money you can afford to lose, start with low leverage while you learn, and read the full [docs](https://bloxwap.com/docs) before you size up. --- # What is Bloxwap? Tap-to-trade perps on Hyperliquid, explained > Bloxwap is the easiest way to trade — a tap-to-trade interface for perpetuals on Hyperliquid. Here's what it is, how it works, and who it's for. Source: https://bloxwap.com/blog/what-is-bloxwap Bloxwap is the easiest way to trade. It's a simple app that lets you bet on whether a price will go **up** or **down** — you tap up to go long, tap down to go short — and it places that trade for you on Hyperliquid, a large decentralized exchange. If that sentence had words you didn't recognize, don't worry. This page explains all of them in plain English. ## What Bloxwap is Bloxwap is a **trading interface**: an app that sits on top of an exchange and makes it easy to use. The exchange underneath is **Hyperliquid** — a decentralized platform where people trade **perpetuals** (more on that word in a moment). Bloxwap doesn't run the exchange or hold your money. It just gives you a fast, one-tap way to place trades on it. Think of it like a TV remote. The remote isn't the TV — but it's the easiest way to control it. ## What "perpetuals" means A **perpetual** (or "perp" for short) is a kind of trade that lets you bet on a price going up or down without ever owning the thing itself. You're not buying Bitcoin; you're betting on which way its price moves. Unlike a normal bet, a perp has no expiry date — you can hold it for a minute or a month and close it whenever you want. You can also use **leverage**, which multiplies both your gains and your losses. With 10× leverage, a 1% price move becomes a 10% change in your position. Leverage makes trading more powerful *and* more risky — it cuts both ways. ## How it works 1. **Pick a market** — like Bitcoin, Ethereum, or a stock. 2. **Choose a direction** — tap **up** if you think the price will rise (this is called going *long*), or **down** if you think it'll fall (going *short*). 3. **Set your size** — how much money to put in. Bloxwap uses **USDC**, a digital dollar where 1 USDC is worth about $1. 4. **Watch and close** — your profit or loss updates live. Close the trade whenever you like. For example: you put **$50 USDC** on Bitcoin going up with 10× leverage. If Bitcoin rises 2%, your $50 position gains about 20% — roughly **$10**. If it falls 2% instead, you lose about $10. (These are simplified numbers; small fees apply.) ## Who it's for Bloxwap is for anyone who wants to trade quickly from their phone without learning a complicated trading screen. If you've ever found exchange order forms confusing — all those boxes for price, size, and order type — Bloxwap replaces them with two buttons: up and down. It's built for speed and simplicity, not for professional desk traders who need advanced order tools. ## How it's different from using Hyperliquid directly You *can* trade on Hyperliquid without Bloxwap. The difference is the experience: - **Simpler:** one tap to open or close, instead of filling out an order form. - **Mobile-first:** designed for your phone, not a desktop with six panels. - **Non-custodial:** Bloxwap never holds your funds. Your money stays in your own wallet, every trade is signed by you, and it settles on Hyperliquid. ("Non-custodial" just means no one takes custody of your money but you.) You get the same underlying market and prices as Hyperliquid, with a faster way in and out. ## Where to start - Open the app at [bloxwap.com](https://bloxwap.com) and try a trade. - Browse what you can trade on the [assets page](https://bloxwap.com/docs/assets). - Read the full [docs](https://bloxwap.com/docs) for fees, networks, and more. Trading involves real risk — you can lose money, especially with leverage. Only trade what you can afford to lose.