FAQ
Short answers to the questions people ask before they start.
Who holds my money?
You do. Your money sits in your own Hyperliquid account. Perpin never holds it and cannot withdraw it.
When you start, you approve a trading agent for your account. It can open and close trades. It can never move money out.
Can I lose money?
Yes. Perps use leverage and markets move. Your risk level limits the size of each trade, but no setting removes the risk, and you can lose all the money in your trading account.
What does it cost?
At most 0.1% of the size of each order Pin places for you, charged on the trade that opens a position and on the trade that closes it. Hyperliquid charges its own trading fee on top. There is no subscription.
Can I stop at any time?
Yes. Stop copying closes every open position at the market price, cancels your open orders and stops Pin. It is a full stop, not a pause: your open trades are closed.
To get out of one trade only, close that trade. Pin does not reopen it.
What does Pin trade?
Perpetual futures listed on Hyperliquid, such as Bitcoin and Ethereum. You do not pick the individual trades. You pick the risk level, and Pin takes the ideas that fit your account.
I started and nothing has happened. Why?
Pin only trades when the desk publishes an idea and that idea fits your account. Trades the desk was already in when you started are not handed to you, so there can be a wait before your first one.
Do I need to keep the app open?
No. Pin's trading agent runs on Perpin's servers. You can close the app and check back when you like.
How do I take money out?
Move it from Trading back to Cash in the app. Hyperliquid takes a small network fee from the amount, shown before you confirm, and it usually arrives within a few minutes. Money held by open positions has to be freed first, by closing them.
Note. Sending USDC from your Cash wallet to another address is not available in the app yet.
Is this financial advice?
No. Perpin is software that places trades you have authorised. It does not know your finances and does not tell you what is right for you.