Open Trade, choose Hyperliquid and tap Add funds. Deposit USDC on Arbitrum from your own wallet: the minimum is $5 and it usually arrives in under a minute. To withdraw, use Withdraw on the Portfolio tab. USDC returns to your own wallet on Arbitrum in a few minutes for a fee of about $1.
On this page
Your margin for perpetuals is held in USDC on Hyperliquid. Your Hyperliquid account belongs to the Ethereum address of your wallet. You fund it from that wallet and withdraw back to it. THORWallet never holds the funds.
Perpetuals are leveraged and high risk. You can lose your entire margin. They are not available in every country. Nothing here is investment advice.
Before you start
- In the mobile app, select a seed wallet.
- Hold USDC on Arbitrum in that wallet. If your USDC is on another network, swap it to USDC on Arbitrum first.
- Hold a little ETH on Arbitrum for the network fee.
The minimum is $5 in one deposit. Hyperliquid's bridge does not credit less, and a smaller deposit is lost.
Deposit USDC
- Tap Trade and choose Hyperliquid.
- Tap Add funds.
- Keep Deposit selected and choose USDC on Arbitrum under Deposit with.
- Enter the amount. The app shows how much USDC is in your wallet.
- Tap Review, check the amount, the network fee and the new trading balance, and confirm.
The app shows On its way. The deposit arrives on its own, usually in under a minute. Then you can enable trading and place your first order.
In the web app: open Pro Trading and select Deposit. USDC on Arbitrum goes straight to Hyperliquid with no deposit fee. Other coins are first converted into USDC through NEAR Intents, and the web app shows the conversion fee before you confirm.
Withdraw USDC
- Open Hyperliquid and go to the Portfolio tab.
- Tap Withdraw.
- Enter the amount. You can withdraw the balance shown as Withdrawable. Margin that backs open positions is not withdrawable.
- Tap Review, check what lands in your wallet, and confirm.
| Deposit | Withdrawal | |
|---|---|---|
| Asset and network | USDC on Arbitrum | USDC on Arbitrum |
| Minimum | $5 | $2 |
| Fee | Arbitrum network fee, paid in ETH | About $1, charged by Hyperliquid |
| Time | Usually under a minute | A few minutes |
| Destination | Your Hyperliquid trading balance | Your own wallet |
Move between Spot and Perps
Hyperliquid keeps a spot balance and a perps balance. If the Move option is shown, you can move USDC between the two. In the Portfolio tab the button is called Transfer. A move is instant and free.
Deposit other coins
Under Deposit with, the mobile app also lists Bitcoin, Ethereum, Solana and Zcash. These deposits go through Unit and arrive as a spot balance of that coin once the network confirms them. They are not USDC margin.
| Coin | Minimum deposit |
|---|---|
| BTC | 0.0004 BTC |
| ETH | 0.008 ETH |
| SOL | 0.15 SOL |
| ZEC | 0.08 ZEC |
A deposit below the minimum is lost. You can withdraw these coins again to your own address of the same wallet.
If something goes wrong
- You hold no USDC on Arbitrum: send or swap USDC to this wallet on Arbitrum first.
- Add a little ETH on Arbitrum to pay the network fee: the wallet has no ETH on Arbitrum.
- The deposit has not arrived: wait a few minutes and pull down to refresh. Check the transaction with View on Arbiscan.
- Nothing to withdraw yet: your balance is in use as margin, or the account is empty. Close or reduce positions first.
- Submitted. It may take a moment to appear: do not send again. Check your balance first.
More cases are in Trading troubleshooting.
Related
- Perpetuals in THORWallet
- How to place a perpetual order
- How to make a swap
- Trading troubleshooting
- Guide: How to trade Hyperliquid perpetuals from your phone
Common questions
What is the minimum deposit?
5 dollars in USDC in one deposit. Hyperliquid's bridge does not credit a smaller deposit, so anything less is lost.
Which network do I need for the deposit?
Arbitrum. You need USDC on Arbitrum and a little ETH on Arbitrum for the network fee.
How long does a withdrawal take?
A USDC withdrawal arrives in your own wallet on Arbitrum in a few minutes. Hyperliquid charges about 1 dollar, and the minimum withdrawal is 2 dollars.
Can I withdraw to another address?
No. The withdrawal goes to your own wallet, the same address your Hyperliquid account belongs to. From there you can send the USDC anywhere.
Can I deposit other coins than USDC?
Yes. The mobile app also accepts Bitcoin, Ethereum, Solana and Zcash through Unit. These arrive as a spot balance of that coin, not as USDC margin.
Thank you.
Sorry about that. Chat with support inside the app, or write to info@thorwallet.org. Support will never ask for your recovery phrase.