Product

Hyperliquid MCP: The MCP Crypto Revolution

Mar 26, 2025

|

Jacky

1.Intro

2. How does Hyperliquid MCP work?

3. The reason we built Hyperliquid MCP

4. What is Hyperliquid?

5. What is MCP?

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Intro

We are excited to announce that hyperliquid-mcp is the first MCP Server in the Hyperliquid ecosystem to support natural language order execution. It seamlessly integrates with various large language models (LLMs), delivering a consistent and highly efficient interactive experience. Users can initiate requests from the Client side, effortlessly completing the entire process from account inquiry to order placement, all through an intuitive and frictionless interface.

Our vision is to build an efficient, standardized connection framework that accelerates the convergence of AI and crypto economics. We believe the integration of LLMs and Crypto MCP will dramatically lower the entry barrier for users—eliminating concerns about the “on-chain dark forest" allowing for one-click integration and ready-to-use solutions.

Technical Architecture and Design Philosophy

System Architecture

  • Protocol Adaptation Layer

  • Secure Execution Environment

  • Performance Optimization

Design Approach

  • Minimal modification principle: Preserves the original semantics of Hyperliquid APIs, only converting protocol formats.

  • Intent-First Design:

User Query

MCP Tool Invocation

"What is my perps account balance?"

get_perp_clearinghouse_state()

"Place a buy order for 10 ETH"

place_order({coin:'ETH-SPOT', is_buy:true, sz:10})

  • Progressive Expansion:

Deployment

To add the MCP server to Claude Desktop, follow these steps:

  • Create or edit the configuration file for Claude Desktop:

  • Add the following configuration content:

{
  "mcpServers": {
    "hyperliquid-mcp": {
      "command": "node",
      "args": ["/path/to/hyperliquid-mcp/dist/index.js"],
      "env": {
        "PRIVATE_KEY": "your_private_key_here"
      },
      "disabled": false,
      "autoApprove": []
    }
  }
}

The Significance of Hyperliquid-MCP Integration

Solving Industry Pain Points

  • Data Silos: Traditional trading platform APIs vary in format; MCP standardizes query interfaces, setting a new industry benchmark.

  • High Operational Threshold: Abstracts complex on-chain derivative trading into "natural language conversational interactions."

Core Value Propositions

  • Empowering AI Trading

  • Enhancing the Crypto-MCP Ecosystem

Hyperliquid: A High-Performance Decentralized Derivatives Exchange

Hyperliquid is an innovative decentralized exchange (DEX) focused on perpetual contract trading. Known as the "on-chain Binance," it aims to combine the efficiency of centralized exchanges (CEX) with the transparency of DeFi through its high-performance blockchain and user-friendly interface.

Core Advantages:

  • High-Performance Technical Architecture

  • Leading Trading Volume and Market Share

  • Low Costs and User-Friendliness

  • Community-Driven and Decentralized Governance

Challenges:

Hyperliquid's application scenarios and developer community are still in the early stages. Its on-chain order book and high-performance features present a learning curve for new users. Additionally, new users must actively cross-chain to its proprietary HyperL1, creating a barrier to entry.

MCP: The "Universal Connector" Between AI and Blockchain

The Model Connectivity Protocol (MCP) is a groundbreaking open standard in the AI field, offering:

  1. Standardized Interaction Interface

  2. Bidirectional Capability Expansion

  3. Modular Architecture

In the crypto space, MCP is becoming the "neural hub" connecting smart contracts and AI applications, directly lowering user barriers and solving issues like low development efficiency and poor compatibility in traditional API integrations.

MCP Architecture:

Built with ❤️ by Impa Ventures

With the GitHub repository available as open source: hyperliquid-mcp

Debugging Tutorials: Debugging Tool