Avail Launches ShieldTX so Hyperliquid Traders Get a Fresh Wallet Per Position
By Node Zero
October 28, 2026
Avail launched ShieldTX for Hyperliquid perpetual traders on Wednesday, October 28, giving each new position a separate trading wallet funded from a shielded balance so copy-trading bots cannot trivially stitch one fill to the next. The Block’s exclusive report, citing Avail lead Anurag Arjun, puts the product’s own study of copy-trading cost at a median 63 basis points per trade for traders being followed. Prefer that dated launch write-up over older Avail blog posts that previewed the product before today’s broader invite-code access.
ShieldTX’s review looked at 332,317 Hyperliquid wallets over 30 days, randomly selecting seven traders from the platform’s top 100 and checking 25 wallets that appeared to follow each of them. It flagged potential copiers that matched a trader’s coin and long or short side within 60 seconds at least 10 times in the window, then compared fill prices on copied versus uncopied trades while adjusting for coin, size, and volatility. Of the top 150 Hyperliquid leaderboard accounts, 29% already use subaccounts, Avail said — but those wallets remain transparently linked on-chain, which is the clustering gap ShieldTX is trying to break.
Mechanically, deposits sit in a vault contract on Arbitrum. When a trader opens a position, ShieldTX creates a fresh Hyperliquid wallet, funds it, and routes the order to Hyperliquid’s native order book. When the position closes, proceeds return to the trader’s shielded balance, with a full history retained for audits and compliance. Avail said other third-party shielding tools often keep one wallet per trader, which still publishes a continuous PnL trail; ShieldTX’s pitch is one account with many position wallets. Positions themselves stay visible on Hyperliquid — the privacy claim is about the funding graph, not about hiding the order book.
Arjun told The Block that Avail ran multiple internal audits with external security consultants and that a full audit is underway. A private beta with 75 traders generated about $50 million in volume and more than 3,800 wallets, according to the same report. Access is now widening through invite codes, with discounts for AVAIL stakers, and the product is aimed at wallets trading about $500,000 or more plus apps using Hyperliquid builder codes. An unnamed fund founder using the beta said rotating wallets was not enough once clustering tools had already linked the set.
Architecture notes matter for desks that treat privacy claims as protocol facts. Avail’s Nightshade write-up is explicit that ShieldTX does not make Hyperliquid private: an ephemeral account’s position is still public from that account. Nightshade currently gives the sequencer visibility into note preimages, and the designated solver learns the funding destination it is asked to fill. Avail also says Hyperliquid funding verification still depends on an attestation path rather than a fully cryptographic proof of external execution, and the protocol does not claim privacy against a colluding sequencer and solver. Those are forward gates, not reasons to invent a completed confidentiality guarantee.
For NFT and crypto desks, ShieldTX is bid-currency weather on the perp side of the same risk stack that funds ETH floors and open editions — not a marketplace product. Keep Invisible Friends’ first The Walk burn on its own clock; the burn portal still counted toward about 6:00 p.m. ET when checked mid-afternoon Pacific and still needs a dated reward or Walk-cost receipt. Also keep Coinbase’s Wednesday RLUSD listing and Amplitude vendor disclosure on separate rails from Hyperliquid privacy tooling.
Arjun said Avail spoke with Hyperliquid ecosystem traders and developers but that Hyperliquid’s core team was not directly involved in ShieldTX’s development. Rival privacy moves on other venues — including Aster’s privacy-enabled derivatives chain and StarkWare’s OffMarket for Polymarket — sit as backdrop only. The live receipt for this chapter is Avail’s Hyperliquid-specific launch math: median 63 bps copy cost, beta volume near $50 million, and invite-only expansion past the 75-trader test set.
Next protocol beat: Watch whether Avail publishes the full external audit and replaces the Hyperliquid funding attestation with cryptographic verification — if invite expansion stays thin while those trust assumptions remain, ShieldTX will read as a funded beta rather than a durable privacy rail for perp desks.
Bottom line: Avail launched ShieldTX on October 28 to open a fresh Hyperliquid wallet per perp position, citing a median 63 bps copy-trading cost and a 75-trader beta near $50 million in volume.
Disclaimer: This article is provided for informational and educational purposes only. It does not constitute financial, investment, legal, or trading advice. The NFT market is highly volatile, and past performance is not indicative of future results. Readers should conduct their own research and consult qualified professionals before making any decisions related to digital assets. The cover image for this article may have been created using artificial intelligence (AI).
