desk-risk-limits
Risk limits and sizing
The user sets the desk's limits, in writing, once; the Risk Manager enforces them on every ticket using live data. Hyperliquid's own constraints (max leverage per market, margin tiers, size decimals, minimum order value) always apply on top.
0. Desk ceilings
The desk holds a few ceilings of its own. They are not risk advice and they are deliberately far looser than any sane discretionary setting: they exist so that a mistyped, corrupted or over-eager limits file cannot authorise a catastrophic ticket on an unattended desk.
| Ceiling | Value |
|---|---|
| max risk per trade | 2% of equity |
| max total open risk | 6% of equity |
| max leverage on any market | 20x, and never above the exchange or tier max |
| daily loss stop | -10% of start-of-day equity |
| exchange-resting stop on every entry | mandatory |
| standing approval for a mainnet send that can open or increase exposure | never |
The one send a standing approval may cover on any network is reduce-only protection: placing or resizing a stop for a position that has none. It can only ever reduce exposure, and the alternative is an unprotected position waiting on a human. Entries, adds, leverage increases and anything that can open or grow a position always need approval by id, on every network.