Deposit USDC into Hyperliquid

From an exchange to your Hyperliquid account in five steps, with the two rules that keep the money safe.

Guide 8 of 8 · 5 min

Two rules first

Only native USDC on Arbitrum One reaches Hyperliquid. Not USDC on Ethereum, Solana or Base, and not the older bridged USDC.e.
Deposits below 5 USDC are lost. Send a small test (5–10 USDC) first if it is your first time, then the rest.

The five steps

Buy USDC on an exchange (Binance, Coinbase, Kraken, OKX…).
Withdraw it to your wallet address, choosing the Arbitrum One network. Copy the address from your wallet; check the first and last characters.
Have a little ETH on Arbitrum for gas (a dollar or two is plenty). Some exchanges let you withdraw ETH to Arbitrum directly.
On Orbafin, connect the wallet, open the Trade page and press Deposit USDC. Enter the amount and confirm the transaction in your wallet. It arrives in about a minute.
With at least 101 USDC on Hyperliquid you can start a copy; any amount from $10 lets you place your own trade.

The deposit uses Hyperliquid's official bridge on Arbitrum; depositing on app.hyperliquid.xyz does the same thing, it is one account.

Withdrawing

Withdraw from the Hyperliquid app (Orbafin has no withdraw function, by design). It takes a few minutes and Hyperliquid charges $1 USDC. Your trade-only key for Orbafin cannot withdraw, so the key being in a browser never puts the balance at risk.