Trailing Stop Loss

A trailing stop loss is a type of stop-loss order that moves with the market price, allowing you to lock in profits while still protecting against downside risk. Its one of the feature that makes us stand out within the Hyperliquid ecosystem and an added feature which Hyperliquid currently do not have.

How it works:

• Instead of setting a fixed stop-loss price, you set a trailing distance (e.g., $500 or 5%).

• As the price moves in your favor, the stop price moves up (or down, for shorts) with it.

• If the price reverses by the trailing amount, your position is automatically closed.

Example (Long Position):

• You buy ETH at $3,000

• You set a $200 trailing stop loss

• Price rises to $3,400, the stop-loss trails up to $3,200

• If price drops from $3,400 to $3,200, the position is sold — locking in $200 profit

Why Use It?

• Protect profits without manually adjusting stop-loss levels

• Automatically adapts to market moves

• Great for trending markets or volatile assets like crypto