Hyperliquid

Orchard functions as a non-custodial front-end on Hyperliquid. We route your paired perp orders through builder codes, execute both legs efficiently, and you keep full control of your funds on Arbitrum.

How it works

1. Builder-code setup. Each order carries a builder payload identifying Pear and the fee. The first time, you sign a one-time ApproveBuilderFee transaction on Arbitrum authorizing Pear’s builder address and a max fee fully on-chain.
2. Perp execution. Orchard executes fully on-chain on Hyperliquid’s orderbook. Both legs are perps denominated in USDC.
3. Atomic, timestamp-synced execution. Long and short orders are dispatched in the same block, for near-identical execution time on each leg.
4. Non-custodial. You deposit collateral directly to Hyperliquid. Pear never holds your funds: it routes order creation, monitoring, and closure, with its builder code attached for attribution and fee tracking.

Step-by-step

1. Approve: submit ApproveBuilderFee (one-time).
2. Design: build your pair or basket (e.g. long BTC, short ETH).
3. Route: Orchard formats the legs with the builder code and sends them to Hyperliquid on Arbitrum.
4. Execute: both orders enter the same block; Hyperliquid manages margin.
5. Manage: track PnL, funding, and rebalances in Orchard; adjust or close any time.