Jupiter Perps vs Hyperliquid

When trading perpetual futures with Seashail, you can choose between Jupiter Perps (Solana) and Hyperliquid (EVM-based L1). This comparison helps you decide which venue fits your needs.

Feature Comparison

Feature	Jupiter Perps	Hyperliquid
Chain	Solana	Hyperliquid L1 (EVM address)
Order types	Market only	Market, limit
Position sizing	USD only	USD or asset units
Partial close	Full close only	Partial or full
Modify orders	Not supported	`modify_perp_order` tool
Limit orders	Not supported	`place_limit_order` tool
Funding rate	8h intervals	1h intervals
Max leverage	Varies by market	Varies by market
Slippage control	`slippage_bps` (market)	`slippage_bps` (market), exact price (limit)
Network mode	Mainnet only	Mainnet and testnet

When to Use Jupiter Perps

You're trading on Solana and want native integration
You prefer simple market orders without complex order management
Lower fees are a priority
You want fast execution on Solana's high-throughput network

When to Use Hyperliquid

You need advanced order types (limit orders, order modification)
You want to partially close positions
You need more frequent funding rate updates (1h vs 8h)
You're comfortable using an EVM-based L1

Usage Examples

Jupiter Perps

Open a 5x long on SOL with market order:

{
  "provider": "jupiter_perps",
  "market": "SOL",
  "side": "long",
  "size": "100",
  "size_units": "usd",
  "leverage": 5,
  "order_type": "market",
  "slippage_bps": 50
}

Close entire position:

{
  "provider": "jupiter_perps",
  "market": "SOL",
  "slippage_bps": 50
}

Hyperliquid

Open a 5x long on BTC with market order:

{
  "provider": "hyperliquid",
  "market": "BTC",
  "side": "long",
  "size": "100",
  "size_units": "usd",
  "leverage": 5,
  "order_type": "market",
  "slippage_bps": 50
}

Place a limit order for ETH:

{
  "provider": "hyperliquid",
  "market": "ETH",
  "side": "short",
  "size": "50",
  "size_units": "usd",
  "leverage": 2,
  "order_type": "limit",
  "limit_px": "2500"
}

Partially close a position (close 0.5 BTC):

{
  "provider": "hyperliquid",
  "market": "BTC",
  "size": "0.5",
  "size_units": "asset",
  "slippage_bps": 50
}