The Trade Cockpit

The cockpit is the terminal's home surface. It opens on the last coin you viewed and packs a full single-market desk into one viewport: chart, order book, tape, costs, and the execution console.

Every market on Hyperliquid — including HIP-3 builder-deployed markets — gets the same cockpit at /markets/COIN.

Layout

• Header — symbol switcher (a searchable mini markets table; press / to open, with a Favorites tab), live mark/oracle price, 24h volume, open interest, funding rate with a countdown to the next tick, and the spread. All header numerals tick live off the WebSocket feed.
• Chart — candles with switchable intervals and optional statistical layers (below).
• Depth — the order book ladder with HL-style price grouping and a cost strip underneath.
• Tape — live trades plus the tape reads log (below).
• Console — a bottom drawer holding the Launcher, Blotter, Account, and Funding tabs.
• Pulse rail — a collapsible edge rail of the whole market: one row per coin, each flashing on its own prints, with last-tick price tinting.

Chart layers

Three optional overlays live in the chart's title row (off by default, remembered per browser):

• μ ± σ bands — the mean and standard-deviation envelope of the last 24 hours (288 × 5-minute samples), drawn at displayed-bar boundaries. The window is fixed and captioned — no adaptive lookback that quietly changes what the band means.
• Live z chip — how many σ the live price sits from that 24h mean, ticking in real time. It suspends itself (rather than fake a number) when the window is too thin, e.g. on a new listing.
• Funding breakeven — a line marking the price at which 24 hours of funding is paid for, computed from the live funding rate. The sign picks whichever side is paying.

These are market arithmetic, drawn in neutral colors — they are not pair signals.

The depth ladder

• Grouping stepper — 1 / 2 / 5 / 10 price grouping, like the exchange UI. Group 1 is full precision; the best bid/ask at group 1 is additionally patched live from the bbo channel, so the touch updates every block it changes rather than waiting for the next book snapshot.
• Size units — toggle between coin units and USDC notional; the tape follows the same setting.
• Per-level flashes — a level flashes when its size actually changes, not on every snapshot.

The cost strip

Under the ladder, the terminal walks the visible book and prices real clips before you trade:

• Clip chips — three preset clip sizes auto-scaled to the coin's 24h volume, plus a free-size input (k/m shorthand accepted). Each shows the price impact in bps of crossing that size, per side.
• "> visible book" — if a clip exceeds what the feed shows, the strip says so in amber instead of extrapolating a number it cannot know.
• Imbalance bar — bid/ask notional imbalance within ±25 bp of mid, with a thin-side flag.
• All-in estimator — taker buy/sell all-in cost (fee + impact) per clip, a maker-rest comparison line ("saves ≈N bp/fill"), and — on HIP-3 markets — an amber "fees ×N" chip showing the deployer's fee multiplier. Quotes assume base fee tier; no assumed discounts.

Tape intelligence

Above the live trades: a 60-second aggressor gauge (buy vs sell notional, skew, total) and an adaptive minimum-notional filter so dust never drowns the prints that matter.

Below the tape, the tape reads log — a rolling ~30-minute event feed of things the terminal suspects from public prints:

• Suspected TWAP — repeated similar-size clips at a steady cadence, with estimated clip size and interval. Start, revision, and stop are separate events.
• Sweeps — a burst of same-side prints in a couple of seconds.
• Block prints — single trades far above the adaptive minimum.
• Aggressor flips — the 60s buy/sell skew crossing sides (with hysteresis, so it doesn't chatter).
• Funding flips — the funding sign changing (who pays whom).
• OI jumps — open interest moving ≥1% inside five minutes.

Every entry is hedged by design — these are heuristics over public data, worded as "suspected", never presented as fact. Detectors that need the 24h volume go silent when it's unknown.

The console

A docked strip at the bottom of the cockpit expands into a drawer (or pops out to its own window) with four tabs:

• Launcher — the execution-algo catalogue and order ticket. See Execution Algos.
• Blotter — Parents / Children / Events for your algo executions, plus Positions / Orders / Fills read live from the connected wallet, filtered to the current coin.
• Account — full account detail: equity, margin, and positions across all coins.
• Funding — the coin's funding history.

Tab badges leak status outward — position count tinted by unrealized PnL, an amber dot when margin usage runs high.

Pop-outs and multi-window

The chart, depth, tape, console, and Liquidity Terrain can each pop out into their own window — built for multi-monitor desks. All windows and tabs share one WebSocket connection via a shared worker, so ten windows cost the same as one. A pipe-health card shows the age of every feed; anything stale goes amber rather than pretending to be live.

Signals on the cockpit

If the current coin is a leg of any eligible pair from the daily plan, the cockpit links to those pairs — the bridge from single-coin trading to the Pair Desk.