How it works
You connect Phantom and send SOL. That SOL settles through NEAR Intents, away from your main wallet, onto a trading address this app creates for you.
Orders, leverage, and closes are signed by that trading address on Hyperliquid. The prices are Hyperliquid prices.
A wallet tracker watching only your Phantom does not see the position. The trading address itself is still a normal Hyperliquid account. This is not untraceable.
Sends that would land under 6 USD are refused. If USDC gets stuck on Arbitrum under 5 USD, it is routed back toward Phantom as SOL. At 5 USD or more it is bridged into Hyperliquid.
You can lose the margin. Liquidation closes the position. There is no app fee on top of the route. The route and Hyperliquid still charge their own costs.