Your Funds Are Non-Custodial
Shekel never holds or custodies your money. All capital stays in your Hyperliquid account. You fund Hyperliquid directly and Shekel trades on your behalf using a trade-only API key.
A trade-only Hyperliquid API key can place and cancel orders. It cannot withdraw funds. Even in a worst-case scenario where Shekel’s backend were completely compromised, an attacker with your API key could not move funds out of your Hyperliquid account.
When generating your Hyperliquid API key, always select trade-only permissions — never withdrawal permissions.
API Key Encryption
Your Hyperliquid API key is encrypted with AES-256 before being stored. The encryption key is stored separately from the database. Shekel engineers cannot read your API key.
Private AI Inference
All LLM inference runs through Venice AI, which provides private, uncensored model access with a strict no-training policy:
- Your strategy prompt is never used to train any AI model
- Your trading decisions and reasoning are never used for model training
- Venice does not log or retain your prompts beyond the duration of the API call
Your Strategy Is Private
Your strategy prompt, important notes, token whitelist, and risk parameters are stored encrypted in the Shekel database. Shekel does not share or sell your trading strategy data.
Wallet Connection (Staking Only)
Connecting a wallet in the app is optional and only required for SHEKEL token staking. Wallet connection uses standard EVM signing — Shekel never asks for your seed phrase or private key.
The wallet verification signature (SIWE — Sign In With Ethereum) is a gasless, off-chain message that proves you own the wallet. It does not authorize any transfer or smart contract interaction.
What Shekel Can and Cannot Do
| Shekel Can | Shekel Cannot |
|---|
| Trading | Place and cancel orders | Withdraw funds |
| Data | Read your portfolio and trade history | Access wallet private keys |
| Strategy | Store and apply your strategy | Share it with third parties |
| Tokens | Stake/unstake via on-chain contract | Move tokens without your wallet signature |