Key features and Benefits
Liminal is designed to bring institutional-grade strategy to every user. The platform is fully automated, transparent, and intuitive. Below are the core features and benefits that set Liminal apart from other yield protocols.
Core Features
Delta-Neutral Yield
Liminal runs fully delta-neutral strategies using spot and perpetual futures on Hyperliquid. This structure allows users to earn real yield without exposure to market direction.
Automated Strategy Execution
Once you deposit USDC, Liminal automatically handles:
Strategy initialization
Position opening
Continuous rebalancing
Risk adjustment
No prior trading knowledge or active involvement is required.
Designed to Avoid Liquidations
The Liquidity Engine monitors all positions in real time and proactively adjusts exposure. Strategies are designed with low leverage to minimize liquidation risk.
When a position gets close to its liquidation threshold, the engine initiates partial reductions, progressively reducing exposure to push the liquidation price further away. If needed, a full close is triggered as a last resort, always preserving user capital and maintaining delta-neutrality.
Real Yield, Not Emissions
Liminal captures yield from perpetual funding rates in Hyperliquid markets. There are no token emissions, protocol subsidies, or artificial incentives. This yield is entirely driven by actual market demand on Hyperliquid.
Transparency and Custody
Users retain control over their capital at all times:
Withdraw funds whenever needed
No lockups enforced by the protocol
Full transparency execution data verifiable on-chain via the “Verify” button.
For regular users, strategy execution is handled through externally owned accounts (EOAs) that Liminal securely manages. All signature operations are executed within an off-internet enclave, and private keys are encrypted at rest using AES-256 to ensure maximum security. For institutional users, Liminal uses Hyperliquid’s native Agent system to execute strategies directly on your own trading account or sub-account. This preserves full custody of your assets, as Liminal has no ability to transfer or withdraw funds.
Advanced Features
Native Hyperliquid Integration
Liminal is built directly on Hyperliquid’s infrastructure, benefiting from:
Deep liquidity on supported trading pairs
Real-time execution and pricing
Reliable and fast settlement via HyperCore
Institutional Mode
For DAOs, trading desks, and large-scale users, Liminal offers:
Sub-accounts with isolated balances
Agent-based execution without surrendering custody
Custom strategy parameters and dedicated reporting
Flexible Custody Options
Liminal lets you run strategies in Regular Mode (delegated custody) by default, or opt into Institutional Mode (self-custody) directly from the app.
How to switch custody:
Click the top-right button in the Liminal app
Select “Custody” from the dropdown menu
Switch to Institutional Mode (optional) By default, you’re in Regular Mode. If you prefer to keep full custody of your funds, you can switch to Institutional Mode here.
Key requirements & notes:
You must fully withdraw your funds before switching custody
Institutional Mode is available to users with at least $100K monthly volume on Hyperliquid (requirement set by HL)
In Institutional Mode, strategies run directly on a dedicated sub-account of your own Hyperliquid account. This sub-account is linked to Liminal via the native Agent system. Liminal can execute trades on your behalf, but cannot transfer funds in or out of the account.
Operational differences in Institutional Mode:
If a liquidation or rebalancing event occurs, you may be prompted to equalize your spot and perp balances manually
Liminal will send a Telegram notification whenever user action is required
Until you act, your strategy remains delta-neutral, but the affected portion of your capital is held in USDC (not actively earning funding)
There is no capital loss, only temporary opportunity cost depending on your response time
This means Regular Mode may be better suited for users who want a fully hands-off experience.
Institutional Mode fits best for funds, desks, or individuals managing larger positions and requiring full custody.
Liminal adapts to your needs: whether you're scaling up or staying passive, switching custody is always just two clicks away.
User Interface Options
Liminal provides two interface modes:
Standard tab: A simplified view for passive users
Pro tab: Detailed charts, metrics, and strategy customization
Both interfaces provide real-time performance visibility and control.
Leverage Customization
Leverage is a key tool to optimize capital efficiency on Liminal. It’s available to both regular and institutional users, regular users can access it via the Pro tab.
Using leverage allows you to allocate less USDC to the perp leg and more to the spot leg, increasing the total position size while keeping the same deposit. This boosts capital efficiency and enables higher yield capture for the same collateral, while remaining fully delta-neutral. It’s a way to maximize returns without taking on market direction risk.
Example yields (assuming a 10% base rate):
1× leverage → 10.00%
2× leverage → 13.33%
3× leverage → 15.00%
In the example above, the performance gain behaves as follows:
Non-linear growth: Returns increase with leverage, but not proportionally.
Asymptotic cap (example-specific): In this scenario, performance tends toward a theoretical maximum of 20%, even with higher leverage.
Efficient around 2–3×: with 3× leverage, you already capture over 50% of the max possible upside, without taking on the full risk of higher leverage
Leverage limits by asset
Liminal does not adjust leverage dynamically, but applies strict leverage caps based on asset volatility. Currents limits:
BTC → up to 2×
HYPE → up to 1×
Volatile assets like FARTCOIN or PUMP → no leverage allowed for now
Leverage parameters may evolve over time, depending on market conditions, liquidity, and volatility of each supported asset.
Strategy Customization
Liminal offers deep strategy customization directly from the interface, no manual trading required.
In the Pro Tab or Institutional Mode, you can:
Select exactly which assets to include in your strategy
Define the exact allocation of your capital across these assets, down to the percentage
Filter markets by funding rates to target the most attractive opportunities
While the interface gives you full control over your allocation logic, some constraints apply:
Leverage and allocation caps may vary depending on the asset’s volatility and liquidity
Per-asset caps are enforced at the protocol level to ensure strategy stability and risk management
These caps are dynamically adjusted over time, based on factors like market conditions, funding trends, and available safety room in the system
This replaces complex manual setups with a simple, intuitive interface, giving you full control over your allocation with none of the operational hassle.
Ideal for advanced users who want to design their own delta-neutral strategy without spending time on execution.
Benefits to Users
Earn sustainable yield without needing to trade manually
Minimize risk through delta-neutral positioning and active liquidation protection
Maintain custody based on your profile: secure delegated EOAs for regular users, full self-custody for institutions
Customize your yield strategy with flexible settings to suit your preferences
Experience fee alignment. If you don't earn, neither do we
Access advanced infrastructure through a user-friendly interface
Who Liminal Is For
Liminal is built for:
DeFi users looking for passive, consistent yield
Traders seeking market-neutral yield generation
Institutions requiring automated capital deployment at scale
Newcomers who want simplicity without compromising performance
Whether you're depositing $500 or $1,000,000, Liminal delivers the same level of infrastructure, reliability, and transparency.
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