pvp.trade (Telegram bot for Hyperliquid)
Trade Hyperliquid perps from Telegram group chats: how pvp.trade's level-based fee works, where your keys live, and what to watch.
pvp.trade is a Telegram bot (@pvptrade_bot) that places Hyperliquid perp orders from DMs or group chats, with copy-trading and leaderboards. Its Fee Tiers page sets a base builder fee of 0.025% to 0.040% at level 1, falling with XP level, volume and leverage; on November 2, 2026 its core-perp fills paid 3.5 to 4 bps. At the 4 bps ceiling, $10,000 of taker volume costs about $8.50 including Hyperliquid's 0.045%.
- What
- Trading bot
- Runs on
- HyperCore
- Official site
- pvp.trade
- Docs
- docs.pvp.trade
- Builder fees, 30 days
- $13.5K
- Builder fee
- perps 4 bps (0.04%) (on top of Hyperliquid's fee)
Checked against pvp.trade's own site on November 4, 2026. Bookmark these instead of using search ads.
What pvp.trade is
pvp.trade is a Telegram trading bot (@pvptrade_bot) for Hyperliquid perps. You type commands such as /long, /short, /stoploss and /positions in a DM with the bot or in a group chat, and the bot places the order on HyperCore, Hyperliquid’s trading engine and order book. In groups, trades are announced to everyone, with leaderboards, clans and taunts.
Other features: copy-trading and counter-trading other users, /track for watching wallets, charts, points and XP levels that unlock permanent fee discounts. You can deposit USDC on Hyperliquid, Arbitrum or Solana (minimum 10 USDC) into a bot-created wallet, or attach an existing Hyperliquid account with an API (agent) key. DefiLlama has tracked pvp.trade’s builder since October 27, 2024, making it one of the earliest builder-code front ends. Its fills on November 2, 2026 covered core perps, HIP-3 markets (permissionless perps run by deployers who stake 500,000 HYPE) and spot.
What it costs
pvp.trade earns through a Hyperliquid builder fee, an extra charge on each fill. Its docs contain two schedules:
- The Fee Tiers page (the newer one) sets a base perps fee of 0.025% to 0.040% at level 1, falling to 0.010% to 0.025% at level 98. A 30-day volume discount (up to 1.5 bps from $10M) and a per-trade leverage discount (up to 4 bps at 40x) come off that. Spot fees apply only to sells and equal twice your effective perp fee.
- The older FAQ says 0.05% on futures and 0.5% on spot sells, with no fee on bridging or liquidations.
Onchain data fits the Fee Tiers page. On November 2, 2026, core-perp and HIP-3 builder fees clustered at 3.5 to 4 bps (62% of core-perp volume at 3.8 bps). Spot sells paid 18 bps, which matches neither written rule.
| Cost | pvp.trade | Official Hyperliquid app |
|---|---|---|
| Builder fee, perps, level 1 | 2.5 to 4 bps | none |
| Taker fee, entry tier, all-in (4 bps) | 0.085% | 0.045% |
| Spot buys | no builder fee | no builder fee |
At the 4 bps ceiling, $10,000 of taker volume costs about $8.50 ($4.50 to Hyperliquid plus $4.00 to pvp.trade), against $4.50 on the official app. Check other rates in the fee calculator.
How to use it
- Open t.me/pvptrade_bot in Telegram and run /start.
- Deposit at least 10 USDC (on Hyperliquid, Arbitrum or Solana) to the address the bot shows.
- Optionally, add the bot to a group chat with friends, and turn on /security two-factor with a passkey.
- Run /long or /short, pick a ticker, leverage and margin, and confirm the market order.
- Manage it with /positions, /stoploss and /takeprofit, and move funds out with /withdraw.
Risks and limits
- Leverage, made cheaper. The leverage discount lowers fees on higher-leverage trades, which makes risky sizing feel cheaper. You can still lose your whole margin. Read how perpetual futures work.
- Telegram is the key. Anyone who takes over your Telegram account can trade. Turn on pvp.trade’s passkey 2FA.
- Key custody. Bot-created wallets’ keys sit in Turnkey enclaves. You can export them from /settings, which is also the only way to recover funds sent in the wrong asset.
- Conflicting fee docs. Rely on the Fee Tiers page and what the bot shows.
- No stated leverage cap. pvp.trade’s docs don’t say what maximum leverage it offers.
- Region limits. Hyperliquid’s terms restrict the US and Ontario.
Who it suits, and alternatives
pvp.trade suits crypto-native traders who already live in Telegram and enjoy trading alongside friends. If you’d rather use a screen than chat commands, HyperDash (1.5 bps) and Based (2.5 bps, which also has a Telegram bot) are close in spirit, and fomo brings the social feed to a phone app. See Hyperliquid front ends compared.
pvp.trade’s referral program pays 10% of every fee a direct invite pays, 3% at the second level and 1% at the third, plus personal rakeback of 5% to 30% by XP level, claimable with /rewards once 10 USDC accrues.
Live figures: DefiLlama (TVL on the Hyperliquid L1 chain; fees on Hyperliquid), refreshed 2026-11-04 10:16 UTC. We don't rank by who pays us. How we check facts.
Questions people ask
What fees does pvp.trade charge?
pvp.trade's Fee Tiers page sets a base perps builder fee of 0.025% to 0.040% at level 1, falling to 0.010% to 0.025% at level 98, with extra discounts for volume and leverage. Spot sells cost twice your perp rate and spot buys are free; Hyperliquid's own fee comes on top.
Where are my pvp.trade private keys stored?
pvp.trade says keys for bot-created wallets are encrypted and held in Turnkey's secure enclaves, and you can export your private key from /settings.
Can I use my existing Hyperliquid account with pvp.trade?
Yes. Use /accounts and 'Add New Hyperliquid Account' with your wallet address and a Hyperliquid API (agent) key you generate.
What is the minimum deposit on pvp.trade?
10 USDC. pvp.trade accepts USDC on Hyperliquid, Arbitrum or Solana, and bridging starts once the minimum arrives.