Technical Architecture
Understanding Hytrade’s technical stack
Overview
Hytrade is built on top of Hyperliquid’s high-performance infrastructure, designed for maximum efficiency and minimal latency. Our architecture consists of several key components:
Core Components
Web Interface
We strongly believe that the best form function for trading is a website. It allows complete transparency for traders with access to realtime market data, continuously refreshed price quotes, and slippage estimates so that you can always be confident in your trades.
Trading Engine
The trading engine is the core component of Hytrade, responsible for processing orders and executing trades. It is built on top of Hyperliquid’s spot USDC settlement layer, ensuring that every transaction is secure, intelligent, and executed with minimal latency. We process all buy and sell orders as spot USDC transfers, and all orders are settled on-chain.
If you’d like to learn more about how the trading engine works, here’s a brief technical overview:
We maintain a series of queues for each token, which are used to process orders. Within each queue, all orders are processed sequentially, ensuring transactional consistency. We can parallelize the processing of orders across different tokens, allowing us to handle a large number of orders efficiently.
For pre-EVM tokens, we’re tightly integrated with both the direct ABI for HFUN as well as the official LIQD API to seamlessly transact between both pre-EVM launchpads.
EVM Indexer + Node
As part of our commitment to precision and transparency, Hytrade is building its own EVM indexer and full node infrastructure. The main benefit you would see from this is lower latency on trades, tick by tick level data refreshing, and richer analytics. This upgrade allows us to move beyond public RPC endpoints and third-party indexers, unlocking significant benefits:
- Richer On-Chain Data
- Track every internal transaction, contract call, and event log.
- Parse custom smart contract events relevant to specific token pairs, launchpad interactions, or liquidity movements.
- Reconstruct complex execution flows and trading behaviors that generic APIs miss.
- Near-Instant Event Ingestion
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Consume and process blocks as soon as they’re produced.
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Provide traders with fresher market data, which is critical for arbitrage, scalping, and high-frequency strategies.
- Near-Instant Event Ingestion
- Our indexer enables custom metrics like protocol usage patterns, liquidity concentration, gas efficiency, and slippage risk modeling, holder concentration, advanced volume analysis, and more
- These inform our smart order router, optimizing trades across tokens and venues.
Swap Aggregation
We currently utilize LIQD Aggregator to inform swap routes. We are in the process of developing our own swap aggregation and routing.
Maximum Privacy
Unlike other Hyperliquid platforms, we offer truly non-custodial trading. You can simply connect your own wallet to trade.
API Layer
We offer a RESTful API for programmatic trading, allowing you to interact with the trading engine programmatically. You can view the API reference here.