Gdex Perp Funding

GDEX: HyperLiquid Funding (Deposit / Withdraw)

Manage USDC deposits and withdrawals between your managed wallet and HyperLiquid perp account.

When to Use

• Depositing USDC to HyperLiquid before trading perps
• Withdrawing USDC from HyperLiquid back to managed wallet
• Understanding deposit constraints and delivery times

Prerequisites

• @gdexsdk/gdex-skill installed
• Authenticated via managed-custody sign-in — see gdex-authentication

Deposit USDC to HyperLiquid

import { GdexSkill, GDEX_API_KEY_PRIMARY } from '@gdexsdk/gdex-skill';

const skill = new GdexSkill();
skill.loginWithApiKey(GDEX_API_KEY_PRIMARY);

// Amount is human-readable USDC — SDK converts to smallest unit (6 decimals) internally
await skill.perpDeposit({ amount: '10' });   // deposit 10 USDC (minimum)
await skill.perpDeposit({ amount: '100' });  // deposit 100 USDC

Managed-Custody Deposit (Explicit)

await skill.perpDeposit({
  amount: '50',
  tokenAddress: '0xaf88d065e77c8cC2239327C5EDb3A432268e5831', // USDC on Arbitrum
  chainId: 42161,     // Arbitrum
  apiKey,
  walletAddress,      // MUST be the CONTROL wallet address (from sign-in), NOT the managed address
  sessionPrivateKey,
});

CRITICAL: walletAddress must be the control wallet address used during sign-in — NOT the managed-custody address returned by /v1/user. Passing the managed address causes 400 Unauthorized (code 103). See gdex-authentication for details.

Withdraw USDC from HyperLiquid

await skill.perpWithdraw({ amount: '5' });   // withdraw 5 USDC

Managed-Custody Withdraw (Explicit)

await skill.perpWithdraw({
  amount: '25',
  apiKey,
  walletAddress,
  sessionPrivateKey,
});

Deposit Constraints

Check USDC Balance on HyperLiquid

const balance = await skill.getHlUsdcBalance({ walletAddress: '0xYourAddress' });
console.log('Available USDC:', balance);

ABI Encoding Details

The deposit uses a specific ABI schema with uint64 for chainId:

CRITICAL: chainId is uint64, NOT uint256. Using uint256 causes 400 Unauthorized (code 103).

Withdraw ABI schema:

Common Issues

"Insufficient balance" on deposit

• Managed wallet needs amount × 1.01 USDC on Arbitrum (1% fee buffer)
• Check managed wallet balance, not HL perp balance

Deposit doesn't appear on HL

• Normal delivery time is ~10 minutes after Arbitrum tx confirmation
• Use getHlUsdcBalance() or getHlAccountState() to check

⚠️ Deposit may return an error even when it succeeded (verify before retrying)

The backend can return an error (HTTP 400, "Transaction has been reverted…") even though the on-chain USDC transfer to the HL bridge succeeded and the funds are en route. Do not blindly retry — a retry spends gas and can move funds twice. On any deposit error, first check the managed wallet's USDC balance on Arbitrum and getHlAccountState() / getHlUsdcBalance(); only retry if the balance is unchanged after a few minutes.

Deposited funds show under the managed address (and may move to spot)

HyperLiquid credits the depositing wallet (the managed address), so check getHlAccountState(managedAddress). Enabling outcome (HIP-3) trading or placing an outcome order can move USDC from the perp account to the spot balance — check getHlSpotState(managedAddress) if the perp balance reads $0.

400 Unauthorized (code 103)

• Most common cause: Passing the managed address as walletAddress instead of the control wallet address — see gdex-authentication
• Second cause: uint256 vs uint64 encoding mismatch for chainId — see gdex-perp-trading for full ABI details

Autonomous Agent Notes (Live-Tested)

1. Deposit of 10 USDC was E2E verified. Takes ~10 minutes for USDC to appear on HyperLiquid after Arbitrum tx confirms.
2. After deposit, check balance with getHlAccountState() — getGbotUsdcBalance returns 404.
3. Amount is human-readable for high-level methods (perpDeposit({ amount: '10' })), but the ABI encoding internally converts to 6-decimal smallest unit (10 USDC = 10000000).
4. Sign-in must use chainId: 1 (EVM) for HL deposit/withdraw operations.
5. walletAddress MUST be control wallet — passing managed address → 400 Unauthorized (code 103).

Related Skills

• gdex-authentication — Managed-custody auth required for deposits/withdrawals
• gdex-perp-trading — Trade perps after funding your HL account
• gdex-portfolio — Check overall portfolio including HL positions