Hyperliquid scams to avoid
Hyperliquid is self-custodial, so a scammer only needs one signature or one seed phrase. These are the tricks we and Hyperliquid's own support guide see most.
Hyperliquid support never DMs you first: tickets are opened only in the Discord "open-ticket" channel or the Zendesk form. Never share a seed phrase, never link your trading account to someone else's staking account (it lets them take everything), and check every URL: Hyperliquid's own example of a fake is "hyperliguid.xyz". An App Store search on 4 Nov 2026 found no iOS app published by Hyperliquid Corp.
Why scammers target Hyperliquid users
Hyperliquid is non-custodial: your wallet’s private key is the only thing that can move your funds. There’s no password reset and no fraud department that can reverse a transaction. So scams don’t try to break Hyperliquid; they try to get you to hand over a seed phrase or sign something harmful.
Most of the tricks below come straight from Hyperliquid’s own support guide. Two rules stop nearly all of them:
- Never share your seed phrase or private key, with anyone or any website.
- Never sign something you don’t understand. If your wallet’s pop-up doesn’t say clearly what will happen, close it.
1. Fake support in your DMs
Someone replies to your question on X, Discord or Telegram, says they’re “Hyperliquid support” and offers to help with a stuck deposit. They send a link or ask for your seed phrase to “sync” your wallet.
The facts: Hyperliquid’s support guide says to open a ticket yourself in the “open-ticket” channel of the official Discord (via the “Create ticket” button) or the Zendesk email form linked from the docs. Support only happens in that ticket. “Do not respond to any DMs, which are from impersonator accounts.” Tickets can take up to 48 hours, longer at weekends. Anyone faster and friendlier in your DMs is not support.
2. Lookalike websites
Phishing sites copy the real app and ask you to connect and sign. Hyperliquid’s own example of a fake is “hyperliguid.xyz” (a “g” in place of the “q”).
How to avoid it: type or bookmark app.hyperliquid.xyz and use the bookmark. Check the full URL before connecting. The real Hyper Foundation site is hyperfoundation.org. Our official links page lists the real addresses.
3. Sponsored search results
The docs specifically warn about “sponsored links on your search engine.” Scam sites buy ads on searches like “hyperliquid app” so the fake appears above the real one. Skip the ads, or better, use your bookmark.
4. Fake apps
Android: Google Play lists Hyperliquid by Hyperliquid Corp (last updated 9 Sep 2026 when we checked), and Hyperliquid’s support guide links to it.
iPhone: an App Store search for “Hyperliquid” on 4 Nov 2026 returned only third-party apps: trackers, wallets and trading apps from other developers, none published by Hyperliquid Corp. Some third-party apps are legitimate (Hyperliquid’s docs list Dexari, MetaMask and Phantom as ways to trade), but treat any app calling itself “the official Hyperliquid iOS app” with suspicion. See Hyperliquid on mobile.
5. The staking-link trap
Hyperliquid lets you link a staking account to a trading account so staked HYPE lowers the trading account’s fees. A scammer offers you a bigger fee discount: “just link your account to my staking account.”
The facts: the fee docs say the staking account “will be able to unilaterally transfer all funds from the trading user to the staking user’s account in a single irreversible transaction,” and that linking is permanent. Never link to an account you don’t control. More in how to stake HYPE.
6. Being turned into someone else’s multi-sig
HyperCore has a built-in multi-sig feature (an account that needs signatures from several keys). Once an account is converted to multi-sig, every action must be signed by its authorised keys. If an attacker gets you to sign a conversion naming their keys, or gets your key, they control the account. The scam/hacked guide lists “an unknown multi-sig on your Hyperliquid account” as a sign of compromise.
7. Signing approvals you didn’t mean to
Not every dangerous signature moves money immediately. Two to watch:
- Builder fee approvals. Apps can ask you to approve a maximum builder fee (up to 0.1% on perps, 1% on spot) that they then charge on your trades. That’s normal for legitimate front ends, but a dodgy app can ask you to approve the maximum. You can have up to 10 active approvals and revoke them at any time. See builder codes.
- Smart-contract approvals on the HyperEVM, which let a contract spend your tokens. Review and revoke them at revoke.cash.
8. “Send” to an exchange address
This one is a mistake more than a scam, but scammers exploit it (“send it to this address and I’ll release your withdrawal”). On Hyperliquid, Send moves funds to another Hyperliquid account; Withdraw moves them to another blockchain. If you Send to a centralized exchange’s deposit address, only that exchange can reach the funds. The app shows an explicit warning. See how to withdraw.
9. Trading bots that won’t let go
Many Telegram trading bots are set up to automatically re-deposit any balance, so your withdrawal keeps bouncing back. The docs’ fix: Send the USDC to another Hyperliquid address you control and withdraw from there, or ask the bot’s own support. Be careful what keys you give any bot in the first place.
10. Too-good-to-be-true offers
- Bigger or “lifetime” referral discounts. Every valid Hyperliquid code gives the same 4% off fees on your first $25M of volume. Nothing more is on offer from Hyperliquid’s program. See our referral code page.
- Airdrop checkers and “claim” sites. Hyperliquid’s points programs ended in 2024. A site asking you to connect and sign to claim something is almost always a drainer.
- Copy-trading or vault tips in DMs. Real vaults are on app.hyperliquid.xyz/vaults; you don’t need anyone’s link.
- Recovery services. Onchain transactions can’t be reversed. Anyone charging to “recover” stolen funds is running a second scam.
Ecosystem lookalikes: the Elysium example
New launches attract copycats. Around the run-up to Kinetiq’s Elysium network, we saw these domains between 25 and 30 Oct 2026:
| Domain | What we found |
|---|---|
| elysp.com | Says it is not affiliated with Kinetiq |
| stockium.fun | Says it is not affiliated with Kinetiq |
| tradium.fun | Says it is not affiliated with Kinetiq |
| kineitiq.cc | Typosquat of the Kinetiq name |
| kinetlq.vercel.app | Typosquat (“l” for “i”) |
The lesson generalises: get project links from the project’s own docs or X account, not from replies or search ads.
The real Hyperliquid channels
Per Hyperliquid’s support guide:
- Trading app: app.hyperliquid.xyz
- Android app: Google Play listing xyz.hyperliquid.app
- Hyper Foundation: hyperfoundation.org
- X: x.com/HyperliquidX and x.com/HyperFND
- Telegram announcements: t.me/hyperliquid_announcements
- Support: Discord “open-ticket” channel, or the Zendesk form linked from the docs
If you’ve been scammed or hacked
Hyperliquid’s docs recommend:
- Stop using the compromised address. Treat it as permanently unsafe.
- Create a new wallet with a trusted wallet provider.
- Move any remaining funds, across all apps, including anything on the HyperEVM, and including the case where your HyperCore address was converted to a multi-sig you don’t control.
- Revoke smart-contract permissions at revoke.cash.
- Clear your browser’s cache and cookies, especially if you suspect malware.
- Find out how it happened, so it doesn’t repeat. Check the device for malware.
Going forward the docs suggest a hardware wallet (Ledger, Trezor or Keystone) paired with a browser wallet, never downloading unknown apps or PDFs, and assuming most DMs are scams.
Questions people ask
Does Hyperliquid support contact you on Telegram or X?
No. Hyperliquid's support guide says support only takes place in a ticket you open in the Discord open-ticket channel or via its email form, and that anyone who reaches out to you directly should be assumed to be a scammer.
Is there an official Hyperliquid app?
On Android, Google Play lists an app called Hyperliquid published by Hyperliquid Corp, and Hyperliquid's support guide links to it. An App Store search on 4 Nov 2026 returned only third-party apps; none were published by Hyperliquid Corp.
What should I do if my Hyperliquid wallet was drained?
Treat the address as permanently unsafe, create a new wallet, move anything left (including HyperEVM assets), revoke approvals at revoke.cash and find out how you were compromised. Nobody can reverse onchain transactions, so ignore anyone offering to recover funds for a fee.
Is there a Hyperliquid referral code with a bigger discount?
No. Every valid code gives the same 4% fee discount on your first $25M of volume. Offers of a larger or lifetime discount aren't something Hyperliquid's program pays.
Sources
- Hyperliquid Docs — Read Me, Support Guide (official links, support channels)
- Hyperliquid Docs — I got scammed/hacked
- Hyperliquid Docs — Fees (staking linking)
- Hyperliquid Docs — Multi-sig
- Hyperliquid Docs — Withdrawal has not arrived (Send vs Withdraw)
- Hyperliquid Docs — My withdrawal keeps getting re-deposited
- Hyperliquid Docs — Builder codes
- Hyperliquid Docs — Referrals
- Google Play — Hyperliquid (Hyperliquid Corp)