How does the Institutional solution work?

Liminal offers a dedicated Institutional Mode designed for professional users, trading desks, and DAOs that require advanced control, scalability, and performance. This mode allows institutions to run Liminal’s delta-neutral strategies directly from their own Hyperliquid accounts, while maintaining full custody of their assets.

Key Features

Full Self-Custody

Assets remain under your control at all times. Liminal uses Hyperliquid’s native Agent system to execute trades on your behalf without ever accessing or withdrawing your funds. You only sign a one-time authorization, which can be revoked at any time.

Institutional Sub-Accounts

Sub-accounts allow institutions to separate capital allocations and manage strategies independently.

• Segregated balances and isolated margin risk

• Individual reporting and performance metrics

• Streamlined strategy configuration per account

Sub-accounts are created and managed directly through the Liminal dashboard.

Execution Through Agent Signatures

To activate Institutional Mode, users sign a permission message allowing Liminal’s strategy engine to:

• Execute trades on your behalf

• Maintain delta-neutral strategy integrity

• Operate without custody or withdrawal access

This enables high-frequency execution while maintaining institutional compliance standards. Agent authorization is handled directly from the "API" section of your Hyperliquid account. From there, you can view which agents are authorized and revoke access at any time if needed.

Agent Expiration & Renewal

In Institutional Mode, Liminal leverages Hyperliquid’s agent system to execute strategies directly from the user’s sub-account. These agents have a limited validity period, typically 3–6 months, after which they automatically expire.

Once an agent has expired, Liminal can no longer trade on behalf of the institution until it is renewed.

To prevent disruptions, users receive a Telegram notification 30 days before their agent is set to expire. From that moment, they can renew their agent at any time within this window to avoid the risk of being left without an active agent. Renewal is simple: just return to the Liminal interface and follow the same steps used during the initial setup.

How to Activate Institutional Mode

1. 1. Open the Custody Panel

   From the top-right corner of the Liminal interface, click your wallet dropdown and select Custody to access the Institutional Mode activation panel.

2. Eligibility Requirements

   • You must have at least $100,000 in perp trading volume on your connected Hyperliquid wallet.

   • This is a requirement set by Hyperliquid to enable sub-account creation.

3. Connect and Authorize

   • Connect your institutional wallet

   • Sign the Agent authorization message

4. Create a Sub-Account

   • Name and initialize your sub-account in the dashboard

   • Each account operates independently with its own strategy and capital

5. Link Your Account to Telegram

   • Send the code shown on the page to Liminal's Telegram Bot (@liminalalerts_bot)

   • You will then be able to start using the Institutional version and deposit funds

6. Approve the Builder Code

   • You will be asked to approve the builder code used by Liminal

   • This code is used to correctly route builder fees on Hyperliquid

Manual Interaction Warning

Important: Do not interact manually with your Liminal sub-account

If you're using Institutional Mode, Liminal executes all strategy actions (deposits, withdrawals, rebalancing) via the Hyperliquid Agent on your dedicated sub-account.

Manual interaction with this sub-account (such as trading, transferring funds, or modifying positions directly) will break strategy execution and deactivate the Execution Engine, meaning Liminal can no longer guarantee delta-neutral exposure or proper performance.

This can lead to:

• The strategy falling out of sync

• Missed funding opportunities

• Unintended market exposure

To avoid this:

• Only use the Liminal app to interact with your strategy

• Never interact directly with the sub-account on Hyperliquid

If manual actions are detected:

• You’ll receive a notification via Telegram

• A modal will appear on Liminal prompting you to rebalance or reset your strategy via a deposit/withdraw cycle

These safeguards ensure capital protection, execution continuity, and optimal yield performance.

Benefits for Institutional Users

• Full control and custody over capital

• Low-latency execution using HyperCore

• Automated, delta-neutral strategy management

• Customizable strategy configurations per account

• Full flexibility to design custom strategies aligned with institutional objectives

Institutional vs Regular: Control vs Convenience

The key difference between Institutional and Regular mode lies in custody and management. In Institutional mode, users retain full custody of their funds within their own Hyperliquid accounts, but this comes with a more active management requirement. Institutional users must handle rebalancing actions when prompted in order to protect positions, and every 3–6 months their Hyperliquid agent expires, requiring renewal through the Liminal interface to continue operating delta-neutral strategies. This mode is ideal for professional desks or active users who value custody and direct control over their execution.

By contrast, Regular mode is designed for simplicity. Liminal manages custody and operations on your behalf, so you don’t need to worry about rebalancing prompts or agent expirations. It’s a hands-off, deposit-and-forget experience, making it the best fit for users who want to farm yield without the operational overhead.