Withdrawal

What this step does

Withdrawing moves assets from the system back to your external wallet.

At this point, your funds exist inside the trading environment and define what actions you can take.

After withdrawal, they no longer participate in the system.

This is the final step where value leaves the lifecycle.

Step 1 - Open the withdrawal panel

Screen: Withdraw button in interface

Withdraw button in the trading interface.

Start from the main trading interface.

Click Withdraw to open the withdrawal panel.

Step 2 - Define withdrawal details

Screen: Withdraw form

Withdraw form with asset, network, and amount.

You choose:

• asset (e.g. USDC)
• withdrawal network (e.g. Arbitrum)
• amount

The available amount is based on your free balance.

Funds that are currently used in a position are not available for withdrawal.

Step 3 - Confirm withdrawal

Screen: Wallet confirmation (MetaMask)

Wallet confirmation popup.

When you confirm, your wallet asks you to approve the transaction.

What happens:

• the withdrawal request is signed
• the transaction is sent to the network

This is the moment where your intent becomes an action.

Step 4 - Funds leave the system

Final state

Once confirmed:

• funds are sent to your wallet
• they leave the Hyperliquid system
• they are no longer part of the trading environment

How to think about withdrawals

A withdrawal is not just a transfer - it is the moment assets leave the system.

Before withdrawal:

assets define your trading capacity

After withdrawal:

assets return to your direct control

The system only reflects assets as part of its state - it does not hold them outside of it.

Key idea

You can only withdraw what is not currently used in a position.

Reinforcement

Withdrawals follow the same logic as everything else:

• you submit an action
• the system applies it
• the state updates

Once completed, the system no longer includes those assets.