Your API key is the bearer token
The bearer is your Hypedexer API key: the same key you already use for the REST API. There is no separate MCP token to generate, and existing API keys work as-is. You can create and manage keys in your dashboard.There is no anonymous access
A request without a bearer is refused with 401. Every tier needs a key: including for tools that return public Hyperliquid data.Verify your setup
The health endpoint is public and needs no key: use it to check that the server is reachable from your network:Key types
Most keys are regular Data API keys: they work both for direct REST calls onapi.hypedexer.com and through the MCP server.
Some keys are restricted to the hosted MCP server. Using one for a direct REST call returns 403 with the reason mcp_only_key: use a Data API key for direct REST integrations, and for the local stdio server.
Rate limits and credits are enforced per key, exactly as they are for REST. See Rate limits & quotas.