Automated Dollar-Cost Averaging on Hyperliquid, powered by the P/E ratio
1. What is Auto-DCA?
Auto-DCA (Dollar-Cost Averaging) is an automated trading tool that places buy or sell orders for $HYPE on your behalf when the P/E ratio crosses a threshold you define.
Instead of watching charts 24/7, you set your conditions once and the system monitors the market every 60 seconds. When your trigger is hit, an order is placed directly on Hyperliquid, even if you're offline.
Why DCA?
Dollar-Cost Averaging is a proven investment strategy that reduces the impact of volatility by spreading purchases over time. Combined with a fundamental metric like P/E, it helps you accumulate $HYPE when the market signals value.
2. The P/E Ratio Explained
The Price-to-Earnings ratio measures how expensive $HYPE is relative to the protocol's actual revenue.
Connect your wallet
You connect your EVM wallet (MetaMask, Rabby, etc.) to identify your Hyperliquid account.
Configure your strategy
Choose a P/E trigger, order type, amount, cooldown, and budget cap.
Sign an agent authorization
You sign an EIP-712 message that authorizes Hypersky's agent to place orders on your behalf. This is sent directly to Hyperliquid, not to us.
The server monitors 24/7
Every 60 seconds, the backend checks the live P/E ratio against your trigger. When conditions are met, it places an order on Hyperliquid using the agent authorization.
You stay in control
Pause, resume, edit, or fully revoke your strategy at any time from the dashboard.
4. Setup Guide
Prerequisites
An EVM wallet (MetaMask, Rabby, or WalletConnect-compatible)
A Hyperliquid account with USDC deposited
Your wallet must be on the Arbitrum One network
Important
You must have USDC deposited on your Hyperliquid account before activating the agent authorization. If you don't, the strategy will be saved in "Pending Deposit" status until you deposit and retry.
Quick Start
Click the Auto-DCA button in the header
Connect your wallet
Choose BUY or SELL mode
Set your P/E trigger (e.g., 10x for buying the dip)
Pick your amount per trigger and total budget cap
Set a cooldown to avoid overtrading
Review and sign the authorization
5. Strategy Parameters
P/E Trigger
The P/E threshold that activates your order. Buy mode triggers below this value; sell triggers above.
Order Type
Market: executes immediately at best price (IOC). Limit: places an order at a set offset below/above current price.
Amount per Trigger
The USDC amount spent on each individual order. Quick presets: $25, $50, $100, $250, $500, $1K, $2.5K, $5K.
Max Triggers
Maximum number of orders to execute. After this, the strategy automatically stops.
Total Budget Cap
Hard cap on total USDC spent. The strategy stops even if max triggers isn't reached.
Cooldown
Minimum time between two orders: 15min, 30min, 1h, 2h, 4h, 8h, 12h, 24h, 2 days, or 1 week.
Expiry Date
The strategy automatically deactivates after this date. Orders placed before expiry remain filled.
Limit Offset %
Only for limit orders. How far below (buy) or above (sell) the current price to place the order.
6. Buy vs Sell Strategies
BUY Strategy
Triggers when P/E drops below your threshold. Lower P/E means $HYPE is cheap relative to protocol earnings, a value accumulation signal.
Example: P/E trigger at 10x, amount $500, cooldown 4h. Every time P/E goes below 10x, the system buys $500 of $HYPE, waiting at least 4 hours between buys.
SELL Strategy
Triggers when P/E rises above your threshold. Higher P/E means $HYPE is expensive relative to earnings, a take-profit signal.
Example: P/E trigger at 25x, amount $1000, cooldown 24h. When P/E exceeds 25x, the system sells $1000 of $HYPE once per day.
Combine both
Advanced users can set up a buy strategy on one account and a sell strategy on another to create a fully automated range-trading system based on fundamentals.
7. Security & Trust
Your funds stay on Hyperliquid
The agent authorization only grants permission to place and cancel orders. It cannot withdraw funds, transfer assets, or access your private keys.
How Agent Authorization Works
You sign an EIP-712 typed message sent to Hyperliquid directly, not stored by Hypersky
The message authorizes a specific agent address (controlled by the Hypersky server) to trade on your behalf
The agent can only execute market/limit orders for $HYPE, nothing else
You can revoke access instantly from the dashboard or directly from your Hyperliquid account settings
What the Agent Cannot Do
Withdraw or transfer any funds
Access your wallet private key
Trade tokens other than $HYPE
Modify your Hyperliquid account settings
Place orders exceeding your configured budget cap
Revoking Access
Click the Revoke button on the dashboard. This sends a revocation transaction to Hyperliquid (setting the agent to 0x0000...0000) and deletes your strategy from the server.
8. Managing Your Strategy
Strategy Statuses
Active: strategy is live and monitoring P/E every 60 seconds
Paused: strategy is saved but not executing. Resume anytime
Pending Deposit: strategy saved but agent not activated. Deposit USDC on Hyperliquid and click "Retry Authorization"
Expired: past the expiry date. Create a new strategy to continue
Dashboard Features
P/E Progress Bar: visual gauge showing current P/E vs your trigger with zone indicators
Budget Tracking: used budget / total cap, with trigger count
Order History: all executed orders with timestamps, amounts, and prices
Email Notifications: get notified when an order executes
Quick Access: "My Strategy" button appears in the header when a strategy is active
Actions
Pause / Resume: temporarily stop or restart monitoring
Edit: go back to configuration to adjust parameters
Revoke: fully deactivate and remove the agent authorization
9. FAQ
Do I need to keep the site open?
No. The server monitors the P/E ratio independently. Once your strategy is activated, orders execute whether you're online or not.
What happens if I run out of USDC?
The order will fail on Hyperliquid's side. The strategy remains active and will retry at the next check cycle. Your trigger count and budget are only updated on successful fills.
Can I have multiple strategies?
Currently, one strategy per wallet address. To run both a buy and sell strategy, use two different wallets.
How is the P/E calculated?
The dashboard reads the live P/E from the Hypersky chart, which uses the 30-day rolling average of Hyperliquid buyback revenue (via DefiLlama), annualized, divided by the burn-adjusted HYPE supply for MC or FDV.
Is there a fee?
Orders can include a dynamic builder fee that declines as trade size increases. By default the app asks you to approve a 0.10% maximum fee cap on Hyperliquid, but the actual fee charged per order is usually lower and is reduced automatically on larger trades.
What is the "chart alert" feature?
If you've set P/E alerts on the Hypersky chart, they appear as clickable chips in the Auto-DCA setup. Click one to automatically fill the trigger value and buy/sell direction.
How do I revoke manually?
Go to app.hyperliquid.xyz → Settings → API/Agent → find the Hypersky agent and revoke it.