WebSocket API

Real-time data streaming for Hypercall options trading.

Interactive Reference

Check out the Interactive WebSocket API Reference for a better browsing experience with live examples and schema details.

Machine-Readable Spec

Download the AsyncAPI specification for programmatic use.

Connection

Connect to wss://HOST/ws:

Endpoints:

Testnet: wss://testnet-api.hypercall.xyz/ws
Local: ws://localhost:3000/ws

Wallet Identification

To receive data on authenticated channels (orders, fills, portfolio), identify your wallet after connecting by sending an Authenticate message:

{"type": "Authenticate", "wallet": "0x1234..."}

The server responds with confirmation:

{"type": "Authenticated", "wallet": "0x1234..."}

After receiving Authenticated, you can subscribe to authenticated channels. If the wallet address is invalid, the server responds with an Error message and the connection remains open.

Deprecated: Query Parameter Authentication

The ?wallet= query parameter is still supported for backward compatibility but is deprecated and will be removed in a future release. Prefer the message-based approach above.

Connection Liveness

The server enforces a WebSocket heartbeat:

Sends a Ping control frame every 20 seconds
Expects a matching Pong within 60 seconds
Closes the connection with close code 1008 and reason pong timeout if the client stops answering

Browser WebSocket implementations handle ping/pong automatically. Many Rust websocket libraries, including tungstenite and tokio-tungstenite, also handle control-frame ping/pong for you. Check your client's library documentation before adding manual Pong handling. Custom or raw socket implementations must reply to Ping frames with Pong.

Subscribing to Channels

Send a JSON message to subscribe:

{"type": "Subscribe", "channel": "orderbook"}

To unsubscribe:

{"type": "Unsubscribe", "channel": "orderbook"}

You'll receive a confirmation:

{"type": "Subscribed", "channel": "orderbook"}

Symbol Filtering

The order_updates and fills channels support an optional symbols filter. When provided, the server only sends messages whose underlying matches one of the specified symbols.

{"type": "Subscribe", "channel": "order_updates", "symbols": ["BTC"]}

Both bare underlyings ("BTC") and full instrument names ("BTC-20260131-100000-C") are accepted. To add more symbols, send another Subscribe. To remove specific symbols:

{"type": "Unsubscribe", "channel": "order_updates", "symbols": ["BTC"]}

When no symbols are specified, all updates for your wallet are forwarded.

Options Chain Filtering

The options_chain channel supports filtering by underlying symbols, expiry date, and option type:

{
  "type": "Subscribe",
  "channel": "options_chain",
  "symbols": ["BTC-20260131-100000-C"],
  "expiry": "2026-01-31",
  "option_type": "call"
}

Filter	Values	Default
`symbols`	Array of full instrument symbols (e.g., `["BTC-20260131-100000-C"]`)	All instruments
`expiry`	Date string `"YYYY-MM-DD"`	All expiries
`option_type`	`"call"`, `"put"`, or omit for both	Both

Candle Channel Format

Candle subscriptions require the underlying and resolution in the channel name:

{"type": "Subscribe", "channel": "candles:BTC:1h"}

Format: candles:<UNDERLYING>:<RESOLUTION>

Available Channels

Channel	Auth Required	Description
`orderbook`	No	L2 orderbook updates for all symbols
`trades`	No	Public trade feed
`market_updates`	No	Market listing changes (created/deleted/expired)
`options_chain`	No	Incremental options chain updates (filterable by symbols, expiry, option_type)
`candles:<UND>:<RES>`	No	Underlying price candles (e.g. `candles:BTC:1h`)
`index_prices`	No	Real-time spot/index prices for all underlyings
`indicative_market_data`	No	Aggregated quote provider bid/ask for all instruments
`order_updates`	Yes	Your order status changes (filterable by symbol)
`fills`	Yes	Your trade fills (filterable by symbol)
`portfolio`	Yes	Your position and balance updates
`liquidation`	Yes	Your liquidation state changes
`competition`	Yes	Your competition PnL summary, rank, and final stats
`competition_engagement`	Yes	Rank changes, gap-to-next-rank, and final standings
`rfq`	Yes	RFQ quotes, status updates, and fill notifications

Message Types

Orderbook Update

L2 orderbook snapshot/update for a symbol.

{
  "type": "OrderbookUpdate",
  "symbol": "BTC-20260131-100000-C",
  "bids": [["95000.5", "10.5"], ["94999.0", "25.0"]],
  "asks": [["95001.0", "8.0"], ["95002.5", "15.0"]],
  "timestamp": 1737331200000
}

Field	Type	Description
`symbol`	string	Option symbol
`bids`	array	Bid levels as `[price, size]` tuples, size is in human-readable contracts
`asks`	array	Ask levels as `[price, size]` tuples, size is in human-readable contracts
`timestamp`	integer	Unix timestamp (milliseconds)

Trade

Public trade event.

{
  "type": "Trade",
  "symbol": "BTC-20260131-100000-C",
  "price": "0.0523",
  "size": "5.0",
  "side": "buy",
  "timestamp": 1737331200000
}

Field	Type	Description
`symbol`	string	Option symbol
`price`	string	Trade price in USD
`size`	string	Trade size in contracts
`side`	string	Aggressor side (`buy` or `sell`)
`timestamp`	integer	Unix timestamp (milliseconds)

Fill (Authenticated)

Your trade fill notification.

{
  "type": "Fill",
  "order_id": 12345,
  "fill_id": 67890,
  "symbol": "BTC-20260131-100000-C",
  "side": "buy",
  "price": "0.0523",
  "size": "5.0",
  "timestamp": 1737331200000,
  "wallet_address": "0x1234...abcd",
  "fee": "0.0005",
  "trade_id": 99999,
  "is_taker": true
}

Field	Type	Description
`order_id`	integer	Your order ID
`fill_id`	integer	Fill ID
`symbol`	string	Option symbol
`side`	string	Trade side (`buy` or `sell`)
`price`	string	Fill price in USD
`size`	string	Fill size in contracts
`timestamp`	integer	Unix timestamp (milliseconds)
`wallet_address`	string	Your wallet address
`fee`	string	Trading fee charged
`trade_id`	integer	Unique trade ID
`is_taker`	boolean	Whether you were the taker
`builder_code_address`	string?	Builder code wallet (if any)
`builder_code_fee`	string?	Builder code fee (if any)

Portfolio Update (Authenticated)

Portfolio stream update for positions, balances, margin, and Greeks.

Greeks update example:

{
  "type": "PortfolioUpdate",
  "timestamp": 1737331200000,
  "per_leg": [
    {
      "symbol": "BTC-20260131-100000-C",
      "quantity": "2.0",
      "delta": 0.91,
      "gamma": 0.003,
      "theta": -0.12,
      "vega": 0.44,
      "iv": 0.63
    }
  ],
  "aggregate": {
    "delta": 0.91,
    "gamma": 0.003,
    "theta": -0.12,
    "vega": 0.44,
    "iv": 0.63
  }
}

For empty portfolios, Greeks updates use:

per_leg: []
aggregate: null

Competition PnL Summary (Authenticated)

Competition stream update for header/footer PnL display.

{
  "type": "CompetitionPnlSummary",
  "wallet_address": "0x1234...abcd",
  "lifetime_realized_pnl": "1250.50",
  "active_competition": {
    "competition_id": 7,
    "competition_name": "Spring Sprint",
    "competition_state": "active",
    "rank": 12,
    "pnl": "420.25",
    "volume": "25000",
    "efficiency": "0.01681",
    "medal": null
  },
  "timestamp": 1737331200000
}

When there is no active competition, active_competition is null.

Order Update (Authenticated)

Order status change notification.

{
  "type": "OrderUpdate",
  "order_id": 12345,
  "client_order_id": "my-order-1",
  "status": "filled",
  "filled_size": "10.0",
  "remaining_size": "0",
  "avg_fill_price": "0.0523"
}

Market Update

Market listing changes.

Market Created:

{
  "type": "MarketUpdate",
  "action": "Created",
  "symbol": "BTC-20260131-100000-C",
  "strike": "100000",
  "is_call": true,
  "underlying": "BTC",
  "expiry": 1738281600,
  "timestamp": 1737331200000
}

Market Expired:

{
  "type": "MarketUpdate",
  "action": "Expired",
  "symbol": "BTC-20260131-100000-C",
  "strike": "100000",
  "is_call": true,
  "underlying": "BTC",
  "expiry": 1738281600,
  "timestamp": 1738281600000
}

Position Expired (Authenticated)

Notification when your position settles at expiry.

{
  "type": "PositionExpired",
  "wallet_address": "0x1234...abcd",
  "symbol": "BTC-20260131-100000-C",
  "position_size": "10.0",
  "settlement_price": "105000",
  "settlement_value": "500.0",
  "timestamp": 1738281600000
}

Liquidation State Change (Authenticated)

Your account liquidation state change.

{
  "type": "LiquidationStateChange",
  "wallet_address": "0x1234...abcd",
  "previous_state": "Normal",
  "new_state": "Warning",
  "equity": "10000.0",
  "mm_required": "9500.0",
  "shortfall": "0",
  "auction_id": null,
  "timestamp": 1737331200000
}

State	Description
`Normal`	Account is healthy
`Warning`	Approaching margin call
`Liquidating`	Liquidation auction active

Index Price Update

Batched spot/index prices for all underlyings.

{
  "type": "IndexPriceUpdate",
  "prices": [
    {"underlying": "BTC", "price": "97250.50"},
    {"underlying": "ETH", "price": "3200.00"},
    {"underlying": "HYPE", "price": "28.50"}
  ],
  "timestamp": 1737331200000
}

Field	Type	Description
`prices`	array	Array of `{underlying, price}` entries for each tracked underlying
`prices[].underlying`	string	Underlying symbol (e.g., `"BTC"`, `"ETH"`)
`prices[].price`	string	Current spot/index price in USD
`timestamp`	integer	Unix timestamp (milliseconds)

Indicative Market Data

Aggregated best bid/ask from registered quote providers. Published for all instruments with active quotes.

{
  "type": "IndicativeMarketData",
  "instrument": "BTC-20260131-100000-C",
  "best_bid": "0.0520",
  "best_ask": "0.0530",
  "bid_iv": 0.62,
  "ask_iv": 0.64,
  "indicative_bid_size": "50.0",
  "indicative_ask_size": "25.0",
  "num_providers": 3,
  "timestamp": 1737331200000
}

Field	Type	Description
`instrument`	string	Option symbol
`best_bid`	string	Best aggregated bid price
`best_ask`	string	Best aggregated ask price
`bid_iv`	number	Implied volatility of best bid
`ask_iv`	number	Implied volatility of best ask
`indicative_bid_size`	string	Total bid size across providers
`indicative_ask_size`	string	Total ask size across providers
`num_providers`	integer	Number of active quote providers
`timestamp`	integer	Unix timestamp (milliseconds)

Competition Rank Change (Authenticated)

Notification when your rank changes in an active competition.

{
  "type": "CompetitionRankChange",
  "wallet_address": "0x1234...abcd",
  "competition_id": 7,
  "from_rank": 15,
  "to_rank": 12,
  "delta_places": 3,
  "pnl": "420.25",
  "timestamp": 1737331200000
}

Competition Gap Update (Authenticated)

Distance to the next rank above you.

{
  "type": "CompetitionGapUpdate",
  "wallet_address": "0x1234...abcd",
  "competition_id": 7,
  "rank": 12,
  "next_rank": 11,
  "gap_metric_value": "50.00",
  "timestamp": 1737331200000
}

Competition Final Standing (Authenticated)

Sent when a competition ends with your final results.

{
  "type": "CompetitionFinalStanding",
  "wallet_address": "0x1234...abcd",
  "competition_id": 7,
  "rank": 12,
  "pnl": "420.25",
  "volume": "25000",
  "efficiency": "0.01681",
  "medal": null,
  "timestamp": 1737331200000
}

RFQ Quotes (Authenticated)

Quotes received in response to your RFQ submission.

{
  "type": "RfqQuotes",
  "rfq_id": "550e8400-e29b-41d4-a716-446655440000",
  "quotes": [
    {
      "quote_id": "660e8400-e29b-41d4-a716-446655440001",
      "net_premium": "52.30",
      "expires_at": 1737331225000
    }
  ],
  "status": "quoted",
  "taker_wallet": "0x1234...abcd"
}

RFQ Status Update (Authenticated)

Status change for an RFQ you submitted.

{
  "type": "RfqStatusUpdate",
  "rfq_id": "550e8400-e29b-41d4-a716-446655440000",
  "status": "executed",
  "taker_wallet": "0x1234...abcd"
}

Error

Server error message.

{
  "type": "Error",
  "message": "Invalid channel: foobar"
}

Authentication

Authenticated channels require the wallet query parameter in the connection URL:

wss://testnet-api.hypercall.xyz/ws?wallet=0x1234567890abcdef...

Messages on authenticated channels are filtered to only show data for your wallet. No signature is required for WebSocket connections.

Example: Python Client

import asyncio
import websockets
import json

async def main():
    uri = "wss://testnet-api.hypercall.xyz/ws?wallet=0xYourWallet"

    async with websockets.connect(uri) as ws:
        # Subscribe to orderbook
        await ws.send(json.dumps({
            "type": "Subscribe",
            "channel": "orderbook"
        }))

        # Subscribe to fills for BTC only
        await ws.send(json.dumps({
            "type": "Subscribe",
            "channel": "fills",
            "symbols": ["BTC"]
        }))

        # Listen for messages
        async for message in ws:
            data = json.loads(message)
            print(f"Received: {data['type']}")

asyncio.run(main())

Example: TypeScript Client

const ws = new WebSocket(
  "wss://testnet-api.hypercall.xyz/ws?wallet=0xYourWallet"
);

ws.onopen = () => {
  // Subscribe to channels
  ws.send(JSON.stringify({ type: "Subscribe", channel: "orderbook" }));

  // Subscribe to order updates filtered to BTC
  ws.send(JSON.stringify({
    type: "Subscribe",
    channel: "order_updates",
    symbols: ["BTC"],
  }));
};

ws.onmessage = (event) => {
  const msg = JSON.parse(event.data);
  console.log(`Received: ${msg.type}`);

  if (msg.type === "OrderbookUpdate") {
    console.log(`${msg.symbol}: ${msg.bids.length} bids, ${msg.asks.length} asks`);
  }
};

Connection​

Wallet Identification​

Connection Liveness​

Subscribing to Channels​

Symbol Filtering​

Options Chain Filtering​

Candle Channel Format​

Available Channels​

Message Types​

Orderbook Update​

Trade​

Fill (Authenticated)​

Portfolio Update (Authenticated)​

Competition PnL Summary (Authenticated)​

Order Update (Authenticated)​

Market Update​

Position Expired (Authenticated)​

Liquidation State Change (Authenticated)​

Index Price Update​

Indicative Market Data​

Competition Rank Change (Authenticated)​

Competition Gap Update (Authenticated)​

Competition Final Standing (Authenticated)​

RFQ Quotes (Authenticated)​

RFQ Status Update (Authenticated)​

Error​

Authentication​

Example: Python Client​

Example: TypeScript Client​