Bot Setup Guide
How to set up a Hyperliquid trading bot in 10 minutes
BullSpot is an autonomous AI trading agent for Hyperliquid perpetual futures. This guide walks through the complete setup: creating your Hyperliquid agent wallet, connecting it to BullSpot, configuring your daily loss cap and position size, and activating the agent. No coding or server management required.
Step 1: Create a Hyperliquid agent wallet
Log into Hyperliquid and navigate to account settings. Select 'Create Agent Wallet' — the interface generates a new keypair in your browser. Save the private key somewhere secure (password manager, encrypted note). This key lets the bot sign orders on your behalf but cannot withdraw funds.
Detailed walkthrough: Hyperliquid API wallet setup guide.
Step 2: Connect your account to BullSpot
Sign up at bullspot.app and subscribe ($29/mo, 14-day money-back guarantee). In the dashboard, go to Settings → Hyperliquid Connection and paste your agent wallet private key. BullSpot encrypts it and validates the connection by querying your account balance. You should see 'Connected' status within a few seconds.
Step 3: Set your risk controls
Before activating the agent, configure three boundaries: (1) Maximum position size as a percentage of your account balance, (2) Maximum leverage (e.g. 3x, 5x), and (3) Daily loss limit in dollars — if this threshold is hit, the agent stops trading for the rest of the UTC day. These are hard limits; the agent cannot override them.
Start conservative. You can tighten or loosen limits anytime, but the agent will respect whatever is saved.
Step 4: Activate the agent
In the agent control panel, toggle 'Agent Active' to on. The agent begins its scan-and-plan cycle: it reads market data, writes a daily plan, evaluates setups, and places trades when conditions confirm. You can watch the decision log in real time — every enter, skip, or exit writes out its reasoning.
The agent runs 24/7 until you toggle it off or hit your daily loss limit. You stay in control: revoke the agent wallet on Hyperliquid to instantly cut off order access, or pause the agent in BullSpot settings.
What BullSpot is not
This is not a grid bot or DCA bot — those execute fixed strategies regardless of market context. BullSpot's agent reasons over structure, sentiment, and its own historical performance before deciding to trade. It is also not a copy-trading service: the decisions are the agent's own, graded by realized P&L and fed back into future planning. See how BullSpot compares to other Hyperliquid trading bots.
And it is not a guarantee of profit. Leveraged crypto trading is hard and most traders lose money. The agent operates under the risk limits you set, but those limits do not eliminate risk — they bound it.
FAQ
Do I need to run any code or servers?
No. BullSpot is fully managed: the agent, data pipeline, risk engine, and execution infrastructure are operated for you. You configure settings through the web dashboard.
Can I test it without risking real money?
Yes. Sign up free and run the agent in paper mode on live market prices. You don't need an exchange account or a card, and no real money is involved. Live trading on Hyperliquid or Propr is a Pro plan.
How is this different from setting up a grid bot?
Grid bots (on Bybit, Binance, etc.) execute a fixed buy-low-sell-high grid regardless of trend or news. BullSpot's agent evaluates market context first and can decline to trade when setups do not confirm. The trade-off: grid bots are predictable; agents adapt but introduce reasoning uncertainty.
What exchanges does BullSpot support?
BullSpot executes on Hyperliquid, a decentralized perpetual futures exchange, or on a connected Propr prop-firm account. It does not place orders on centralized exchanges. Learn more about BullSpot's Hyperliquid trading bot. If you need a bot on Binance, Coinbase, or another CEX, you would build one yourself with a DIY framework like OpenClaw or Hermes Agent — see our comparison pages for those platforms.
Can I use this with a prop firm account?
No. BullSpot connects to your own Hyperliquid account via an agent wallet you control. Prop-firm evaluation accounts typically restrict API access or third-party bots, and violating those terms can disqualify you. Use BullSpot only on accounts you own outright.
What are the risks?
Substantial. Perpetual futures are leveraged instruments and you can lose your entire balance. Autonomous execution means trades can be placed without your prior review. Read the risk disclosure before connecting a funded account.
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Hyperliquid trading bot · AI crypto trading agent · AI Bitcoin analysis · Agentic trading · Risk disclosure