Creating an API Wallet

Creating an API Wallet

To enable trading through the AlgoTrade platform, you’ll need to create a dedicated API Wallet within Hyperliquid. This wallet will be securely linked to the AlgoTrade Bot, allowing it to execute trades on your behalf without ever having direct access to your funds.

Follow these steps to create and authorize your API wallet:

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Step 1: Access the API Section

Within the Hyperliquid App, click the “More” dropdown menu at the top of the interface. From the list, select “API” to navigate to the API Wallet management page.

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Step 2: Create Your API Wallet

On the API page:

• Enter a name for your new API wallet (something descriptive for easy identification).

• Click “Generate Address” to create a new wallet address.

• Once generated, click the “Authorize API Wallet” button to proceed.

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Step 3: Save Your Private Key

A pop-up window will now appear containing your API Wallet Private Key.

⚠️ Important: This is the only time the private key will be shown. Make sure to store it securely, you’ll need it to connect the wallet to the AlgoTrade Bot.

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✅ Success!

Your API wallet is now created and authorized. You're ready to move on and connect it to AlgoTrade for live or paper trading through the AlgoBuilder.