# What is Zirodelta? Zirodelta is a **funding rates DEX**: a decentralized trading platform where the central product is the perpetual futures funding rate. Every feature, every data point, and every automation strategy on Zirodelta is built around one idea: the funding rate is not a side metric. It is the signal. ## The core insight When a perpetual futures contract trades above the spot price of an asset, longs pay shorts a periodic cash fee. When it trades below, shorts pay longs. This fee. The funding rate. Is what keeps the perpetual price anchored to spot over time. Most traders glance at this number before opening a position. A smaller group uses it to time directional trades. Almost nobody builds a model around it. Zirodelta does. The platform exists because funding rates encode real-time information about who is levered, who is positioned where, and where pressure is building. That information is tradable. Either directionally (using the Farm Score™ to pick sides) or passively (using Autopilot to collect funding while holding zero directional risk). ## What Zirodelta is not Zirodelta is not a general-purpose perp exchange. You will not find copy trading, launchpads, prediction markets, or governance tokens required for basic access. The scope is intentionally narrow: funding rates, the strategies built around them, and the infrastructure to execute them non-custodially. ## The four products **Trade**: A perp trading terminal on Hyperliquid with funding-native analytics. Every market displays Farm Score™ (0–100), CVD (cumulative volume delta), and OI Delta (open interest change). Inline yield hints show how much you earn per hour at your exact position size. Builder fee: 5bps on perps. **Autopilot**: Non-custodial delta-neutral automation. You sign `approveAgent` once. Autopilot opens a short perp and a long spot position simultaneously, holds them hedged, and manages the position 24/7. Price moves cancel between the two legs. Yield comes entirely from the funding payment you receive each hour. No liquidation risk on your collateral. Pro subscription: $10 USDC/month on-chain. **Lending Vault**: ERC-4626 vault on HyperEVM. Deposit HYPE, BTC, or ETH. The vault supplies these assets to Hyperliquid's native borrow/lend reserve via the CoreWriter precompile. A direct Solidity call to the L1, no bridge required. Depositor APY: 8–25% depending on utilization. Launching soon. **Zidee Wallet**: A mobile-first PWA front-end for Autopilot. Privy login, multi-token wallet across HL/Solana/Arbitrum, ZDLT-tier-gated. Designed for users who want funding-rate yield without learning a perp terminal. Access at [wallet.zirodelta.com](https://wallet.zirodelta.com). ## Why Hyperliquid Hyperliquid settles funding every **1 hour**: not every 8 hours like Binance, Bybit, and OKX. That means 24 settlements per day instead of 3. It also means funding rate signals update faster, and the same annualized rate compounds 8x more frequently. All of Zirodelta's APR math uses the correct 1-hour basis: `hourly_rate × 8760 = annual rate`. Hyperliquid also has 2-second block times, 150,000 TPS, and a native EVM execution layer (HyperEVM) that allows smart contracts to call L1 exchange actions directly via the CoreWriter precompile. This is the architecture that makes the Lending Vault possible. And why no other EVM chain can replicate it. ## Non-custodial by design Zirodelta never holds user funds. The agent wallet system means Zirodelta's backend has **signing authority only**: it can place orders on your behalf but cannot withdraw, transfer, or access your balance. All positions, collateral, and balances remain on Hyperliquid under your own address. This is not a policy choice; it is an architectural constraint baked into the `approveAgent` mechanism on Hyperliquid L1. > **Note:** For a plain-English explanation of all terms used above, see [Key Concepts](/getting-started/key-concepts.md). --- # Agent Instructions: Querying This Documentation If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question. Perform an HTTP GET request on the current page URL with the `ask` query parameter: ``` GET https://docs.zirodelta.com/getting-started/what-is-zirodelta.md?ask= ``` The question should be specific, self-contained, and written in natural language. The response will contain a direct answer to the question and relevant excerpts and sources from the documentation. Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.