> For the complete documentation index, see [llms.txt](https://docs.usewire.xyz/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.usewire.xyz/readme.md).

# What Wire is

Wire is a web trading terminal. It connects to venues where you already hold an account and gives you one screen to trade them from: charts, order book, order ticket, positions, options chain, news and earnings, laid out the way you want.

**Wire never holds your money.** Your positions and balances live in your Hyperliquid and Alpaca accounts. Wire routes orders to those venues on your behalf and reads back what happened — it is not a layer your funds pass through, and it is not a custodian, broker or counterparty.

The practical consequence is the one that matters most: if Wire is unreachable, your positions are unaffected. They sit at the venue and can be managed there directly, exactly as if you had never used Wire.

## What you can trade

| Venue       | Markets                                       |
| ----------- | --------------------------------------------- |
| Hyperliquid | Crypto and equity perpetual futures, and spot |
| Alpaca      | US equity options                             |

Binance, Bybit and OKX are planned.

Each venue is independent. Connect one, the other, or both — neither depends on the other, and you can add the second whenever you want.

## What it costs

There is no subscription. Wire earns a builder fee on Hyperliquid orders: **0.025% on perpetuals** and **0.1% on spot sells**. Spot buys carry no Wire fee at all. Hyperliquid's own trading fees and Alpaca's contract fees are set and collected by those venues.

[Fees](/trading/fees.md) covers all of this in full, including how the estimate on the order ticket is calculated.

## Where to start

* [What you need](/getting-started/getting-started.md) — the accounts to have ready
* [Connect Hyperliquid](/getting-started/hyperliquid.md) — sign in, fund, approve
* [Connect Alpaca](/getting-started/alpaca.md) — link your brokerage account


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