Risks
Crest makes your idle money earn. It doesn't make trading safe. Read this before you deposit.
A small move can lose all of a position's margin.
Perpetual futures are leveraged. A small move against a position can liquidate it. Hyperliquid runs the liquidation; Crest can't stop or reverse one.
It can cost you, not pay you.
The rate shown is the last 30 days' average, read live from Hyperliquid, and never promised. When shorts pay longs, the funding trade pays out: 49 of the last 720 hours went that way.
It can liquidate the funding trade's short.
With the app closed, a unified account's short is liquidated after about a 25% rise in HYPE, about 76% on portfolio margin. Your HYPE gains about what the short loses, but from there it isn't hedged. While the app is open, Crest trims the funding trade before it gets that close.
It pauses the funding trade.
HYPE shares its perp with the funding trade's short, so a HYPE order closes the funding trade first, with its fees. Until your HYPE position closes, idle money earns Hyperliquid's lending rate instead.
Money that leaves soon can earn less than it paid.
Going in buys HYPE and shorts it, and coming out undoes both: about 0.23% of the amount in all, at Hyperliquid's base tier. A trade or a withdrawal that takes money out pays its share.
One chain, its own validators and bridge.
Your funds live on Hyperliquid. Any failure there affects every account on it, including yours.
Lose the browser, revoke the key.
The agent key lives in this browser. It can trade, which is how it moves money in and out of the funding trade, but it can't withdraw. Anyone with access to your browser could trade your balance away with it, including against their own orders, so revoke it in Hyperliquid's API settings at once if you lose the device.
New money waits, and nothing is trimmed.
Crest moves money with a trading key that lives in your browser, so it only acts while a tab is open. With every tab closed, a deposit waits to go into the funding trade, and a sharp rise in HYPE isn't trimmed before it reaches the short. What's already in keeps earning on Hyperliquid.
No one independent has reviewed the front-end.
Crest deploys no contracts, so there is nothing of ours to audit. The front-end itself has not been independently reviewed.
Only trade what you can afford to lose.
Every risk above is Hyperliquid's or the market's. Crest adds no contracts and never holds your funds. Nothing here is financial advice.