📖 Guides

Hyperliquid Native Multi-Sig: Authorized Users, Threshold, and Leader Rules

⚠️ Disclosure: Some links on this page are affiliate links. If you sign up through them, I may earn a commission — at no extra cost to you. I only review tools I actually use.
Hyperliquid supports native multi-sig actions on HyperCore, allowing multiple private keys to control one account. Create a Hyperliquid account with a 4% fee discount on the first $25M of volume (Vaults and sub-accounts excluded). The account link is a referral link; if you sign up, I may receive a commission. This reference is based on Hyperliquid's public documentation and does not describe personal testing.

Conversion to a multi-sig user

To convert an account into a multi-sig user, the user sends a ConvertToMultiSigUser action that includes:

Authorized users must already be existing users on Hyperliquid. Once conversion is complete, all actions for that account must be sent through multi-sig.

Required signatures and the MultiSig action

A normal action can be wrapped in a MultiSig action. The MultiSig action includes:

Each authorized user signs the same payload to produce a signature. The signatures must use the same information, such as the same nonce and transaction lead address. The submitting user must collect the required signatures before submitting the action.

Leader and nonce rules

The authorized user who submits the final MultiSig action is called the leader, or transaction lead address.

Key leader rules:

Updating authorized users or the threshold

A multi-sig user can update its authorized users and/or threshold by sending a MultiSig action that wraps a ConvertToMultiSigUser action describing the new state.

Reverting to a normal user

A multi-sig user can be converted back to a normal user by sending a ConvertToMultiSigUser action through multi-sig. For this conversion, the set of authorized users can be set to empty.

💡 Hyperliquid

Like what you're reading? Try it yourself — this link supports ChartedTrader at no cost to you.

Create a Hyperliquid account with a 4% fee discount on the first $25M of volume (Vaults and sub-accounts excluded). →
🎁 You receive: 4% fee discount on first $25M volume · per account, lifetime

Authorized-user limits and overlaps

The maximum allowed number of authorized users for a given multi-sig user is 10.

A user can also have overlapping roles:

HyperEVM and CoreWriter limitation

Converting a user to multi-sig does not remove control of the associated HyperEVM user from the original wallet. CoreWriter does not work for multi-sig users. According to the documentation, multi-sig users should not interact with HyperEVM before or after conversion.

Source

Create a Hyperliquid account with a 4% fee discount on the first $25M of volume (Vaults and sub-accounts excluded).

Continue with Hyperliquid

Browse the Hyperliquid guide hub for the complete user journey.

Related: Hyperliquid API Asset IDs: Spot, Builder Perps, and Token ID Mapping

🧮 Free Hyperliquid calculators

Fee Calculator →
Hyperliquid vs centralized exchange fee comparison
PnL & Liquidation →
Perp PnL + liquidation price
Position Size →
Risk-aware position sizing for HL perps
Hyperliquid

Ready to get started? Use the link below — it helps support ChartedTrader at no cost to you.

Create a Hyperliquid account with a 4% fee discount on the first $25M of volume (Vaults and sub-accounts excluded). →
🎁 You receive: 4% fee discount on first $25M volume · per account, lifetime
📈

About the author

I'm a systematic trader running live strategies on IB (USDJPY momentum) and Hyperliquid (crypto perps). Every tool reviewed here is something I've used with real capital. Questions? Reach out.

📚 Related Articles

⚖️
Comparisons

HLP vs User Vaults vs HYPE Staking: Risks and Lockups (2026)

These are three different risk products, not interchangeable “yield.” HLP is a protocol vault that market-makes, performs liquidations, supplies USDC in Earn, and receives part of trading fees; its lock is four days after the most recent deposit. User Vaults follow a leader's trading and currently have a one-day lock. HYPE staking earns validator rewards in HYPE and exposes you to HYPE price and validator risk. None offers guaranteed APY, and the highest displayed historical return is not automatically the best choice.

May 2, 2026 ⏱ 3 min read
🏦
Vaults & Staking

Hyperliquid Hypercore Vaults: Legacy Depositor Guide (2026)

Managing a legacy vault deposit on Hyperliquid? Learn how Hypercore changed withdrawal schedules, risk models, and returns for pre-existing depositors.

July 25, 2026 ⏱ 9 min read
📖
Guides

Hyperliquid Complete Guide: From Signup to First Trade, Vaults & Withdrawals (2026)

Hyperliquid can feel simple at first—connect, deposit, trade—but the expensive mistakes usually happen between those verbs: choosing an access method you cannot recover, sending the wrong asset, using cross margin without understanding shared collateral, or treating a Vault's past APY as guaranteed yield. This guide gives you one controlled path through the platform and links to a focused walkthrough whenever a step needs more detail.

July 13, 2026 ⏱ 11 min read