Deposits & Withdrawals

Manage your trading capital by depositing and withdrawing USDC from your challenge wallet.

Depositing Funds

To trade in a challenge, you need to deposit USDC into your challenge wallet.

Deposit Steps

1. Navigate to your challenge dashboard
2. Click Deposit
3. Choose between:
   • Spot Deposit - For spot trading
   • Perpetuals Deposit - For margin/leverage trading
4. Enter the amount of USDC to deposit
5. Approve the transaction in your wallet
6. Wait for confirmation

Deposit Sources

Funds are deposited from your connected wallet on HyperEVM. Make sure you have:

• Sufficient USDC balance
• ETH for gas fees

Withdrawing Funds

You can withdraw funds from your challenge wallet back to your root wallet.

Withdrawal Steps

1. Navigate to your challenge dashboard
2. Click Withdraw
3. Enter the amount to withdraw
4. Confirm the transaction
5. Funds will be returned to your connected wallet

Withdrawal Restrictions

• You cannot withdraw during certain challenge phases
• Minimum balance requirements may apply
• Open positions may need to be closed first

Transferring Between Accounts

If you have funds in both spot and perpetuals accounts, you can transfer between them:

1. Click Transfer
2. Select source account (Spot or Perps)
3. Select destination account
4. Enter the amount
5. Confirm the transfer

Balance Overview

Your dashboard shows:

Important Notes

Note: Deposits and withdrawals are on-chain transactions and require gas fees. Plan your funding to minimize transaction costs.

• Always keep some funds available for margin requirements
• Monitor your account health to avoid liquidations
• Withdrawals may take a few moments to process