Is Rivemont safe? How it works without ever holding your money
Most crypto trading bots ask for exchange API keys, and in 2022 one of the biggest lost around 100,000 of them. Rivemont is built so that a leak like that could not send your money to anyone else.
Your money stays in your own account
Your trades and bots run in your own Hyperliquid account, which belongs to your wallet. Rivemont never holds your funds and never trades for you: it only sends the orders you place, or that your own bots place. You move money from your wallet into that account yourself; you never send funds to Rivemont. There is no Rivemont deposit address, no pooled account, and nothing to withdraw from us.
A key that can trade but cannot withdraw (Hyperliquid)
When you connect, your wallet approves a Hyperliquid API wallet that we create for you. Hyperliquid itself enforces what an API wallet can do: it can place and cancel orders in your account (Hyperliquid's rules also let it move money between your account and a Hyperliquid vault; Rivemont's bots do not use that); it cannot withdraw or send your money to another wallet. Even if our server were compromised, the key could not withdraw your funds.
What you approve, exactly
- The API wallet: as above. You can remove it at any time in Hyperliquid (More → API).
- A builder fee cap: the most Rivemont can charge per trade. You approve 0.1%, Hyperliquid's maximum. We charge from 0.1% of each trade sent through Rivemont, lower with your 30-day volume, and Hyperliquid will not let us charge more than the cap you signed.
Limits you control
- You choose every trade and bot: the amount each may use, a leverage cap, and a stop that closes everything once it has lost the percentage of its amount you choose.
- Your bots never fight over the same positions: a bot keeps its own coin, and signals keep your Hyperliquid account to themselves.
- Stop at any time: one button closes the positions your bots opened and deletes Rivemont's exchange keys from our servers.
What can still go wrong
- Trading carries risk. A trade or a bot can lose money, and past results do not predict future ones.
- The money in your Hyperliquid account sits in Hyperliquid's smart contracts while it is there: an exchange can have outages, be hacked or fail. Keep only what you intend to trade in the connected account.
Start in the app · Getting started · What you approve and how to revoke it