Hyperliquid Wallet — Manage HYPE Safely
Official reference: Gem Wallet — Hyperliquid docs
What is a Hyperliquid Wallet?
A Hyperliquid wallet is a non-custodial (self-custody) wallet configured to work with the Hyperliquid ecosystem. It stores your private keys locally and enables you to hold, send, and receive the native token HYPE and other tokens on Hyperliquid’s HyperEVM environment. Supported wallets may offer browser extensions, mobile apps, or WalletConnect compatibility.
Key Features
- Self-custody: You control the seed phrase and private keys.
- EVM compatibility: Works with ERC-20 style tokens and HyperEVM dApps.
- Connect to Hyperliquid app: Use the wallet to authenticate and trade on Hyperliquid interfaces.
- Transaction signing: Securely sign transfers, approvals, and contract interactions from your device.
Before You Start — Safety Checklist
Important safety steps to follow before creating or importing any wallet:
- Use only official wallet apps or reputable wallets listed in official docs (see the single official reference above).
- Create backups: write down the seed phrase on paper (not on cloud or phone notes) and store it securely offline.
- Enable device protections (passcode, biometric) and consider using a hardware wallet for large balances.
- Test with a very small amount first to confirm you understand the network and address format.
Step-by-Step: Create & Configure a Hyperliquid Wallet
Below is a generic flow that applies to most compatible wallets (browser extension or mobile app):
- Install the wallet: Download the wallet from the official source or a trusted store. Follow the wallet provider’s installation steps.
- Create a new wallet: Choose “Create New Wallet” (not import). Securely record the seed phrase shown — this is the only recovery method.
- Verify seed phrase: Most wallets will ask you to confirm the seed phrase to ensure it was copied correctly.
- Add the Hyperliquid / HyperEVM network: If the wallet does not auto-detect, add the network settings exactly as provided in the official docs.
- Add HYPE token: Use the token contract address (from official sources) to add HYPE to the wallet token list so balances display correctly.
- Fund the wallet: Bridge or transfer a small test amount of USDC/USDT or HYPE from an exchange or another wallet to your Hyperliquid address.
- Connect to dApp: Use WalletConnect or the wallet’s dApp connector to sign into the Hyperliquid app and test a small trade or transfer.
Sending & Receiving HYPE — Practical Tips
When sending or receiving tokens, always double-check:
- The destination address (copy & paste; verify first/last 4 chars).
- The target network (Hyperliquid L1 vs HyperEVM) — sending on the wrong network can cause permanent loss.
- Gas/fee estimation and whether the wallet shows transaction details before confirmation.
Security Best Practices
Protect your assets with these best practices:
- Never share your seed phrase or private keys. No legitimate support team will ask for them.
- Use hardware wallets for significant balances; confirm Hyperliquid/HyperEVM support for your device.
- Keep software updated and avoid installing unknown browser extensions or mobile apps.
- Enable phishing protections (bookmarks for official sites, check URLs, and be cautious with deep links in social media).
Troubleshooting & Common Issues
If you face issues (connection failures, missing balances, unconfirmed transactions), try these steps:
- Confirm you are on the correct network and that the wallet has the right RPC/settings per official docs.
- Check the transaction hash on a Hyperliquid block explorer to verify status.
- Restart the wallet and re-connect to the dApp; clear cached site data if necessary.
- If funds appear missing after a bridge, confirm the bridging transaction completed on both source and destination chains.
Final Notes
A Hyperliquid wallet gives you direct control over HYPE and access to fast on-chain markets, but with that control comes responsibility. Start slowly, back up your seed phrase securely, and use the official documentation for wallet setup and token addresses. If you want, I can convert this into a Hindi step-by-step tutorial with screenshots or produce a minimalist HTML page tailored for mobile users.