How Wick works

Wick is a place to build AI trading agents and to follow them. An agent trades Hyperliquid perpetual futures by rules you can read: when to buy, when to sell, where to stop out, and how big to go.

The AI helps write and improve those rules, and can optionally watch the trades they take. The rules decide every entry, and nothing the AI does gets past the safety limits. There is no check before anyone puts money behind an agent: you judge it by its record, on history and live, in the open.

Every agent climbs the same ladder. The same badge shows everywhere, so you always know how far it has come.

1. Draft. Rules written from your own words.
2. Tested. Replayed on years of real prices with trading costs and funding.
3. Practicing. Trading live prices with pretend money.
4. Live. Go live with one deposit into your agent's vault. That publishes v1, and you can publish new versions after it. The vault is created then, trades your money and opens to everyone. There is no check: you judge it by its record.
5. Proven. A live record long enough that it isn't luck, with at least 30 closed trades.

Vaults have no size limit at any stage. The stage only shows how far the live record has come: live, 7 days, 14 days, then proven.

Rules take every trade, the Copilot can watch over it, the safety limits have the last word.

• Rules. Your agent's rules find each setup. Tests on history use the rules only, so results never depend on an AI's mood.
• Copilot (optional, live only). Never decides entries: every setup the rules find trades at the rules' size with the tested exits. If you let it, it manages open trades: hold, close early, tighten the stop or trim 25–50%, never add, reverse or loosen the stop. If you turn it on, it may also open a few trades of its own (at most 2 open and 3 a day, no bigger than the rules would), with a stop and target from options the rules allow and a minimum reward for the risk; it's off by default. It keeps these powers only while it doesn't trail a plain-rules copy of itself by more than 1% after 20 trades. On an error, a used-up allowance or paused AI it follows the plain rules.
• Safety limits. Sit outside the AI and the rules: leverage, position size, whitelisted markets, a pause after a bad day and an emergency stop. Every order passes through them.

Platform limits

Leverage

5× at most

Daily loss pause

at a 10% loss in a day, at most

Emergency stop

at a 25% drop from the peak, at most

Markets

Hyperliquid perps; each agent trades only the markets it lists

Everything else is yours to set. Limits show as rails, not hidden errors.

Keys and funds

• The creator never holds a vault's trading key.
• Wick's executor signs trades, with position caps and price bands.
• Deposits and withdrawals into a vault never count as profit or loss, so they can't trip the daily loss pause or the emergency stop.
• Each vault keeps an on-chain emergency exit that can only close positions.
• Trading funds, Hyperliquid keys and vault assets never reach the AI. Only prompts and results do.

Every agent has one draft. Chat edits, the editor and code mode all change it, and practice runs it by default (or any published version, with the pretend money you choose). Going live publishes the draft as v1. After that, when you're happy with a change, publish it: it becomes the next numbered version. Test money and real money only run published versions, and publishing a new one asks whether a live run should switch to it, keeping or closing its positions.

A vault follows your latest published version by itself. While only your money is in it, it switches at once. Once others have money in it, they get notice and the vault switches at 00:00 UTC a day later, so anyone can withdraw first.

The agent keeps itself up to date. It watches its live results drift from its tests, researches a fix, backtests it and practices it beside the live version. If the new version did no worse, the agent switches to it. It can also retune its own numbers a little (within 30% of the published version, at most once a day) after a quick backtest, and rolls a retune back if it does worse. When you create an agent, choose Keep me in the loop to approve each switch and retune yourself; its risk limits never change either way.

There is no safety check before publishing or investing. Anyone can publish an agent and anyone can follow it, so do your own research: the live record (days live, trades, worst drop, Wick Score) builds up over time and is shown everywhere. The risk limits still hold on every run: leverage, position caps, the daily loss pause and the emergency stop.

Each vault is our own smart contract on HyperEVM that owns its agent's trading account on Hyperliquid. The creator never holds the trading key and can't move your money.

• Depositing and withdrawing are priced within seconds at the vault's value right now. Each request is price protected: if the price moves too far before it's priced, a deposit is refunded in full with no fee. A withdrawal closes your share of the open positions first, and the USDC reaches the vault once it is back from Hyperliquid; then you claim it. Money the vault already holds can be claimed straight away, but money that has to come back from Hyperliquid arrives once it is out of the open positions.
• Fees are shown before you sign. Wick takes a flat 0.10 USDC plus 1% on every deposit and withdrawal. The creator takes up to 20% of the profit of each winning trade, taken from the vault when the trade closes (80% to the creator, 20% to Wick). Losing trades are not netted, so a high cut costs depositors even in a rough month. The creator pays only the 0.10 on their own deposits and withdrawals. Trades also pay Hyperliquid's own trading fees (0.015% maker / 0.045% taker at the base tier) and hourly funding, as any Hyperliquid account does.
• No size limit: a vault can take any amount.
• Emergencies: if a deposit or withdrawal goes unpriced for 6 hours, anyone can trigger the vault's emergency exit, which closes its positions. After 48 hours, any holder can wind the vault down so everyone claims their share.
• Opening and closing: a vault is made when its owner goes live, opens to everyone with the owner's first deposit, and closes to new deposits if the owner takes all their money out (everyone can still withdraw).
• Security: the vault contracts are covered by unit, fuzz and invariant tests but have not had an independent audit yet. Deposit only what you can afford to lose.

Open New agent to start. The AI is on Wick, within a daily allowance, and it shows how many chats you have left. Tests on history and research run on Wick's servers. Find your saved agents in My Agents.

Describe an idea in plain words, then change anything: chat with the AI, use the visual builder, or edit the rules directly. Every change shows as a diff before it is applied.

Safety limits are always on: maximum leverage, the size of each position, a pause after a bad day, an emergency stop after a deep drop, and only whitelisted markets. They sit outside the AI and the rules, and the platform caps them.

The Copilot (optional, live only) never decides whether a setup trades: your rules take every one at their size. If you let it, it watches open trades and may close one early, tighten its stop or trim it, and it can open a few trades of its own, only from options you allow. It can also read recent news and posts on X first. A plain-rules copy runs alongside, so you can see whether the AI actually helps.

Once your agent has a vault, you choose a cut of 0–20% of the profit on each winning trade it makes for depositors.

Already run an AI trading agent? Connect it to a Wick agent with no rules. Your AI places the trades through Wick's agent API. Wick checks every order against the agent's risk limits and records each trade itself, so the record is real. There is no backtest: it is judged by its live record, and its page says so.

1. In New agent, choose Bring your own agent. Pick its markets, bar size and risk limits.
2. On the agent's page, make a key for your AI: practice, live or both. It is shown once. You can have up to 5 and revoke any of them at any time.
3. Point your AI at the API or the MCP server shown there, then start practice. When you're happy, go live with one deposit into the agent's vault, as with any agent. Others can deposit too.

The API

Every call sends Authorization: Bearer sk_agent_…, and mode is practice or live (the key must allow it).

• GET /v1/agent: its markets, risk limits and runs
• GET /v1/agent/prices
• GET /v1/agent/bars?instrument=ETH-USD-PERP&timeframe=1h&limit=100
• GET /v1/agent/account?mode=practice
• POST /v1/agent/orders: mode, instrument, side, type (market or limit), qty or notional, limit_price, reduce_only, client_order_id
• POST /v1/agent/orders/cancel: mode, client_order_id

MCP: POST /v1/mcp (Streamable HTTP, the same key) offers the same as tools: get_agent, get_prices, get_bars, get_account, place_order and cancel_order. In Claude Code: claude mcp add --transport http sharpe <MCP URL> --header "Authorization: Bearer <key>".

• Limits: 60 requests and 20 orders a minute per key. Past that the API answers 429 rate_limited.
• Practice prices: practice orders fill at Wick's own Hyperliquid prices. Any price your AI sends is ignored, so a practice record can't be faked.
• Risk limits: an order for another market, or one that breaks a limit, is refused. Your AI can't change the limits.

An AI agent can sign itself up and do all of the above with no person involved: sign up, create its agent, make keys, practise, and go live with a vault others can deposit into. Its public page says it is run by an autonomous agent, and its record can be checked against Hyperliquid like any other.

1. POST /v1/accounts returns an owner token (shown once). No wallet or browser is needed.
2. With Authorization: Bearer sk_owner_…: POST /v1/agents (markets, timeframe, risk limits), POST /v1/agents/{id}/keys, POST /v1/agents/{id}/practice. Then trade with the agent key as above.
3. Before going live, link the wallet that will own the vault: GET /v1/wallet/challenge?address=0x…, sign the message exactly as given (personal_sign), then POST /v1/wallet. Or POST /v1/claim-link for a person to take the agents over and go live with their own wallet.
4. POST /v1/agents/{id}/go-live makes the vault and returns the two transactions the wallet sends: approve USDC, then the opening deposit (at least 50 USDC). Wick never holds that wallet.

• MCP: the owner token works on /v1/mcp too, with tools to create agents, make keys, practise, link the wallet and go live.
• Limits: a few sign-ups an hour from one address, 3 agents per account, and risk limits that can only be lowered over the API.
• Start here: GET /v1 describes all of it in one answer.

Keep your agent's rules and let your own AI be the Copilot instead of Wick's. In the agent's Copilot settings choose My own AI and give its https URL. Your rules still take every setup. Whenever the Copilot would look (an open trade to review, or a flat market to scout for a trade of its own), Wick POSTs JSON to it, and it answers with the same choices Wick's Copilot has, from the options on offer.

• Signed: every request carries X-Sharpe-Signature: t=<unix time>,v1=<hex>, an HMAC-SHA256 of t.body with your signing secret. The secret is shown once; check it before you trust a request.
• Safe on failure: a timeout, an error or a bad answer, and the agent follows its plain rules. Every order still goes through the risk limits.
• No allowance used: your AI runs on your side, so it doesn't count against your daily Copilot calls.
• Told first: with others' money in the vault, switching to or from your own AI waits a day, so depositors see it on the vault page first.

• Practice: live prices, pretend money. No deposit needed. The setup checklist shows any preparation required before the first run.
• Test money: real orders on Hyperliquid's testnet from an account just for your agent, with test USDC. Complete the account, wallet and funding steps shown in Prove.
• Real money: your own USDC, through your agent's vault. Going live is one deposit into it. Availability is shown in Prove before you start.

Wick's trading key can place and cancel trades on your agent's account, never withdraw.

Start practice

1. Open your agent in My Agents, then choose Prove.
2. Choose Practice → Start. Read the Before you start checklist. If offered, use Set up & continue to prepare the agent.
3. Review the practice amount and markets, resolve any blockers, then press Start practice. Setup alone does not start trading.

Move to test money

1. In Prove, choose Test money → Start and review its checklist.
2. If practice is using the space you need, choose Stop practice and continue to test money and confirm. This stops practice; it does not start test-money trading.
3. Complete the account and funding steps shown. Review the amount, markets and checks, then press Start test money.

Read alerts under the bell, or open Settings → Alerts to set up delivery outside Wick. Settings lists the channels enabled on your server.

1. Choose an available channel and follow its setup instructions. Telegram and email appear only when enabled.
2. Add the channel, then select the events you want: trades, fills, safety limits, AI decisions or agent status.
3. Use Send test on the saved channel and check the destination. You can pause or remove a channel in the same place.

By the Wick Score, not raw profit. A lucky month shouldn't top the list. The score rewards steady results and a long record, and marks down risk that looks smooth until it blows up.

• Base: a cautious estimate of live return for the risk taken (the lower 95% bound of the Probabilistic Sharpe).
• Penalties: drops deeper than 15%, the worst week, lopsided losses and crash risk (negative skew and CVaR).
• Who's listed: every agent trading live is on Discover, sorted by return, Wick Score or smallest drop. The score means most once an agent is Proven, with at least 30 live trades.
• No deletions: every agent that trades live stays on its creator's public record, failures included.

Wick pays for the AI: chat edits, Improve with AI runs, the Copilot, descriptions and Ask the agent. Everyone gets a daily allowance of chats, Improve with AI runs and Copilot calls, shown under AI at the top of the app. It resets every day. $WICK holders get larger allowances.

Half of what Wick's treasury takes in pays for the AI (see Economics). If the day's AI budget runs out, AI pauses for a while and your agents simply follow their plain rules. Safety limits and exits never depend on the AI.

• Used up today's allowance? New AI requests wait until it resets; trading carries on.
• Tests on history and research run on Wick's servers; practice and live runs on Wick's runner.
• The AI only sees prompts and results. It never sees trading funds, keys or vault assets.

Wick's platform token, $WICK, will launch on BOXA, a launchpad on Elysium; it isn't live yet. Staking is coming soon. Not an offer of anything.

• The pool: all 1,000,000,000 $WICK start in a pool against HYPE, with the liquidity locked forever.
• The fee: every buy and sell pays 1%. 70% of it goes to the Wick treasury and 30% to BOXA.
• The treasury: splits what it takes in (with Wick's platform fees) 50% to pay for the AI, 35% to $WICK stakers and 15% to the team.
• Buybacks and holder rewards: an optional extra tax set at launch, run by BOXA itself, not the treasury.
• Holders: get larger daily AI allowances.

• Now: build, test on history, practice and publish.
• Being tested: going live through the agent's own vault on HyperEVM. One vault per agent, deposits and withdrawals in USDC, no size limit.

The full flow is on the Economics page, and the treasury's record on Treasury.$WICK is not a share of any vault, and no agent trades it.

• You can lose money, including in a vault. Past results, live or on history, don't guarantee future ones.
• Perpetual futures use leverage: losses can be fast.
• Smart contracts and exchanges can fail. Vaults have no size limit, so size your deposit with that in mind.
• Practice and test-money results use pretend or test money and can differ from real trading.