> For the complete documentation index, see [llms.txt](https://quant-fun.gitbook.io/quant.fun-docs/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://quant-fun.gitbook.io/quant.fun-docs/company/hyperliquid-integrations.md).

# Hyperliquid Integrations

## 🔐 Our **Custom Vaults Advantage**

* [x] **Customizable Fees**: Hyperliquid native vaults force a flat 10% performance fee, we allow both management and performance fees.
* [x] **Intentional Trade Obfuscation:** Hyperliquid native vaults show all trades and positions publicly, but we conceal trade signals from easy view.
* [x] **Security**: Hyperliquid native vaults have never been audited by an external party, but our vaults have passed audit.

## ❇️ Hyperliquid Advantages

* [x] **The Deepest Liquidity Anywhere**: Frequently beating Binance order book depth on major assets, including Bitcoin futures.
* [x] **The Tightest Spreads Available**: Frequently beating all other exchanges, with near zero slippage.
* [x] **Unmatched Asset Diversity**: Over 300 live markets spanning crypto, commodities, major equities, and high-demand pre-IPO assets (Anthropic, SpaceX).
