> For the complete documentation index, see [llms.txt](https://hertzflow.gitbook.io/hertzflow-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://hertzflow.gitbook.io/hertzflow-docs/trade-on-hertzflow/hyper-lev.md).

# Hyper Leverage

## Overview

Hyper Leverage (Hyper Lev) is HertzFlow's zero-fee trading mode — instead of paying fixed open/close fees, you share a portion of your profits with the protocol. If your trade loses, you pay nothing.

This makes Hyper Lev ideal for **high-conviction directional trades** where you expect a big move and want zero upfront cost.

{% hint style="info" %}
Hyper Lev positions are **fully isolated** from Normal mode. If you have both a Normal and a Hyper Lev position in the same market, they are tracked separately with different IDs, collateral, and PnL.
{% endhint %}

***

## How It Works

1. **No open or close fee** — you enter and exit at the oracle mark price with zero position fee
2. **Funding, borrow, and price impact still apply** throughout your position's lifetime
3. **If you close at a profit** — the protocol deducts a profit-sharing fee before crediting your wallet
4. **If you close at a loss** — no fee is deducted. You receive whatever collateral remains after the loss

***

## Availability

Hyper Lev is only available on markets that have been explicitly enabled for it. When available, a **Normal / Hyper Lev** toggle appears in the trade panel above the leverage slider. If you don't see the toggle, that market only supports Normal mode.

***

## Key Differences vs. Normal Mode

<table><thead><tr><th></th><th width="249">Normal Mode</th><th>Hyper Lev Mode</th></tr></thead><tbody><tr><td><strong>Open/Close Fee</strong></td><td>4–6 bps of position size</td><td><strong>0%</strong></td></tr><tr><td><strong>Funding &#x26; Borrow Fee</strong></td><td>Charged</td><td>Charged</td></tr><tr><td><strong>Price Impact</strong></td><td>Deferred; settles on close</td><td>Deferred; settles on close</td></tr><tr><td><strong>Profit Sharing</strong></td><td>None</td><td>Yes — tiered by ROI%</td></tr><tr><td>Loss Rebate</td><td>Yes — applies conditionally</td><td>None</td></tr><tr><td><strong>Order Types</strong></td><td>Market + Limit</td><td><strong>Market only</strong></td></tr><tr><td><strong>Min Position Size</strong></td><td>No special minimum</td><td>Market-specific (e.g., 750 USDT)</td></tr><tr><td><strong>Stop Loss</strong></td><td><strong>Single bound</strong> (≥ −80% PnL)</td><td><strong>Dual bound</strong>: must be between −80% and −30% PnL</td></tr><tr><td><strong>Collateral Withdrawal</strong></td><td>Allowed</td><td><strong>Disabled</strong></td></tr></tbody></table>

***

## Profit Sharing Tiers

When your Hyper Lev position closes in profit, the protocol takes a share. The higher your ROI, the more you keep:

| ROI % at Close | You Keep           |
| -------------- | ------------------ |
| 0% – 1%        | 20% of profits     |
| 1% – 5%        | 20% → 50% (linear) |
| 5% – 100%      | 50% → 80% (linear) |
| 100% – 500%    | 80% of profits     |
| 500% – 2500%   | 80% → 90% (linear) |
| > 2500%        | 90% of profits     |

**Example:** You open a $100 USDT Hyper Lev position that closes at +150% ROI ($150 profit). At 150% ROI, you retain 80% → you receive **$120 profit**, the protocol takes $30.

{% hint style="info" %}
The profit share is calculated on **gross profit before fees**. Funding, borrow, and price impact fees are deducted separately, exactly as in Normal mode.
{% endhint %}

***

## Stop Loss Requirements

Unlike Normal mode where SL is optional, **Hyper Lev positions must always have an active stop loss**, and it must fall within a tighter range:

* **Upper bound:** SL must be at or below **−30% PnL** (can't be set too close to entry)
* **Lower bound:** SL must be at or above **−80% PnL** (can't exceed max loss)

This dual-bound requirement protects the liquidity pool from absorbing outsized losses.

{% hint style="warning" %}
If you try to open a Hyper Lev position without a valid SL in the −80% to −30% range, the order is rejected.
{% endhint %}

***

## Leverage Range

Hyper Lev leverage ranges are configured separately per market and are **higher** than Normal mode. For example, a market might offer:

* **Normal mode:** 1.1x – 50x
* **Hyper Lev:** 85x – 200x

When you switch between modes, the leverage slider resets to the minimum of the selected mode.

***

## Collateral Rules

| Action            | Normal Mode | Hyper Lev Mode |
| ----------------- | ----------- | -------------- |
| Add collateral    | ✅ Allowed   | ✅ Allowed      |
| Remove collateral | ✅ Allowed   | ❌ Disabled     |

Removing collateral is disabled in Hyper Lev to prevent circumventing the mandatory SL mechanics.

***

## Loss Rebate (Normal Mode Only)

Normal mode positions on the weaker side of OI skew may qualify for a **Loss Rebate** — a partial reimbursement of losses at close. This is **not available** in Hyper Lev mode. See [Position Management](/hertzflow-docs/trade-on-hertzflow/position-management.md) for details.

***

## When to Use Hyper Lev

**Best for:**

* **High-conviction directional trades** — the profit-sharing tiers reward bigger wins
* **Zero upfront cost** — if you prefer no entry/exit fees and are comfortable sharing profits
* **Short-duration, high-leverage positions** — where fixed fees would eat a large share of your PnL

**Consider Normal mode instead if:**

* **Targeting small moves (< 5% ROI)** — the profit-sharing tiers are designed for higher-ROI trades; at low ROI, the protocol's share is proportionally larger
* **Scalping or precise entries** — limit orders are unavailable in Hyper Lev; market orders only
* **Active collateral management** — collateral withdrawal is disabled once the position is open

***

## FAQ

**Can I run a Normal and Hyper Lev position simultaneously in the same market?** Yes. They are fully isolated — separate position IDs, separate collateral, separate PnL.

**Does the profit share apply to funding/borrow income?** No. Profit share only applies to directional PnL (mark price movement). Funding, borrow, and price impact settle independently.

**What happens if my SL is hit?** Your position closes at the SL trigger price (guaranteed execution). The remaining collateral is returned to your wallet — no profit share fee applies on losing trades.

**Is Hyper Lev available on all markets?** No. The mode toggle only appears on markets where Hyper Lev is enabled.

**What is the minimum position size?** It varies by market. A common minimum is 750 USDT notional. The interface shows an error if your order is below the threshold.


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