How to Swap
SillySwap lets you swap between HYPE and USDC privately. Your trades execute through Silhouette's shielded pool, hiding your wallet address from on-chain observers.
Making a Swap
- Select tokens: Choose what you're selling (top) and buying (bottom)
- Enter amount: Type the amount you want to swap
- Review rate: Check the exchange rate and estimated output
- Confirm: Click Swap and approve the transaction
info
Swaps execute as limit orders on Hyperliquid with a small slippage buffer. See Slippage for details.
Supported Pairs
Currently, SillySwap supports:
| From | To |
|---|---|
| USDC | HYPE |
| HYPE | USDC |
More pairs will be added as Silhouette expands support.
Swap Flow
Your Wallet → Silhouette Deposit → Shielded Balance → Swap → Shielded Balance
- Funds enter the Silhouette shielded pool
- Swaps happen within the pool
- Your wallet address is never linked to the trade
Transaction Speed
Swaps typically complete within milliseconds. The order is placed on Hyperliquid as a limit order slightly above (buys) or below (sells) market price to ensure instant execution.