
Web Terminal
The Onyx Web Terminal brings a smooth, high-performance trading experience directly to your browser: https://app.onyx.live/

Onyx is a Pro terminal that supports everything you can do on Hyperliquid's native UI and much more. Designed for both everyday traders and advanced traders, the Onyx Terminal is built to make on-chain trading more intuitive, faster and full of utility.
In addition to the core features already available, we’re providing out a set of advanced features and functionality to add a boost your trading:
Boosted leverage (eg. 100x leverage on BTC) Support for perpetual markets with boosted leverage on select pairs up to 100x on core perpetuals and up to 50x on select HIP-3 pairs.
Multiple order types Choose from a range of order types Onyx provides including stop market, stop limit, TWAP, and scale orders to execute trades with precision and flexibility.
Access Diverse Markets, Powered by Hyperliquid Liquidity
Onyx utilizes Hyperliquid's orderbooks to allow access to 100+ assets and expanding. This includes major tokens and HIP-3 pairs along with popular and up-and-coming altcoins.
Additionally, Hyperliquid’s decentralized and permissionless asset listing system enables Onyx to list new assets without relying on centralized approval or gatekeeping.
Leverage Mechanics
Leverage and risk management on Onyx can be structured into two distinct components:
For leverage extending from 1x to 40x, Onyx's trading engine uses the same leverage mechanics framework as Hyperliquid.
Onyx also provides support for boosted leverage where traders have access to upto 100x leverage on select perpetual markets and upto 50x leverage on HIP-3 markets. Read more about Boosted leverage
Margin Mechanics
Initial Margin: The margin required initially to open a position is
position_size * mark_price / leverage. The initial margin is used by the position and cannot be withdrawn for cross margin positions. Isolated positions support adding and removing margin after opening the position.Maintenance Margin: The maintenance margin is currently set to 50% of the initial margin at max leverage for cross positions. For isolated positions, maintenance margin is calculated using the same logic, with the computation based solely on the isolated margin allocated and the notional value of that specific position.
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