Spot

Steps to Trade Spot Tokens:

1. Find Tokens

   • Use the /tokens command to see a list of available tokens, ordered by their 24-hour trading volume.

   • Alternatively, use /search [SYMBOL] to directly search for a specific token. Commands like /buy or /sell also work to initiate trading for a specific token.

2. Select a Token

   • Once you've identified the token you want to trade, click its symbol at the end of the message.

   

   • This will open the Trade Widget.

   
3. Use the Trade Widget

   • Use the buttons on the widget to trade:

     • Buy Options: Choose pre-set USDC amounts or enter a custom amount using the "Buy $X" button.

     • Sell Options: Sell pre-set percentages of your token balance or enter a custom percentage using the "Sell X%" button.

   • Note: If you don’t see the "Buy" or "Sell" buttons, it might be because your wallet doesn’t have enough USDC.

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Creating a TWAP

To address the potential illiquidity of Hyperliquid spot tokens, Hypurr Fun provides the TWAP (Time-Weighted Average Price) tool. This feature allows you to buy or sell large amounts of tokens over a set period of time, minimizing market impact.

How to Set Up a TWAP

1. Access the TWAP Widget

   • On the Trade Widget of your selected token, press the "TWAP" button.

   • This will open the TWAP Widget, where you can view running TWAPs or create a new one.

2. Create a New TWAP Order

   • Press the "New" button to open the TWAP Creation Widget.

   • By default, the TWAP is set to "Buy". If you want to sell, press the "Buy" button to switch it to "Sell".

   
3. Configure Your TWAP

   • Target Notional: Set the total notional value in USDC to buy or sell for the target token.

   • TWAP Duration: Specify the time period over which the TWAP will spread the purchase or sale.

4. Start the TWAP

   • Once your settings are configured, press the "Start TWAP" button to begin.

   

Monitor Your TWAP

• Use the /twaps command to view all your running TWAPs and monitor their progress.