Copy Trading

Overview

Copy trading lets you automatically mirror the perpetual trades of another trader. Each copy trade creates an isolated sub-wallet with independent margin, so your main trading balance is never at risk.

Two Copy Modes

1. By Wallet Address

Copy any Hyperliquid wallet address directly. No opt-in is required from the trader you are copying. Profit share is always 0% in this mode. Best for copying public whale or KOL wallets.

2. By Username

Copy a Click user who has opted in to copy trading via their settings. The leader sets a profit share rate between 0% and 20% (default 10%). Best for following verified Click traders who actively share their strategies.

Feature	By Wallet Address	By Username
Opt-in required	No	Yes
Profit share	0%	0-20% (set by leader, default 10%)
Leader visibility	Anonymous (wallet only)	Click username

How It Works

1. Create a copy trade sub-wallet — This is required before setting up any copy trade. It is a one-time step.

2. Fund your sub-wallet — Transfer USDC from your primary wallet to the copy trade sub-wallet using the Deposit button on the copy trade screen.

3. Create a copy trade — Set a label, target trader (username or 0x address), margin amount, leverage (1-100x, default 5x), and margin mode (Isolated or Cross).

4. Trades are mirrored automatically — When the leader opens or closes a position, your sub-wallet mirrors it proportionally.

What Gets Copied

• Position opens (direction, asset, leverage up to your configured cap)

• Position closes (full and partial)

• SL/TP adjustments

Copy Trade Settings

Setting	Description	Default
Label	Name tag for this copy trade (1-10 alphanumeric characters)	—
Target Trader	Username or EVM wallet address (0x...)	—
Margin	Fixed USD per trade or percentage of leader's size	—
Leverage	1x to 100x	5x
Margin Mode	Isolated or Cross	—
Min Size (Advanced)	Minimum USD per copied trade	—
Max Size (Advanced)	Maximum USD per copied trade	—

⚠️ Leverage warning: Higher leverage increases both potential gains and potential losses. A 100x leveraged position can be liquidated by a price move of less than 1%. Start with lower leverage (2-5x) until you are comfortable with the risk.

Limits

• Maximum 5 active copy trades per user

• You cannot copy trade your own wallet address

Profit Share

Leaders who opt in by username set their own profit share rate between 0% and 20% in /settings > Profit Share Rate.

• Profit share is calculated on realized gains only

• No high-water mark: Profit share is charged each time a copied trade is closed at a profit. Previous losses are not netted against future gains.

• Minimum payout threshold: $5. If accumulated profit share is less than $5, it is held until the threshold is met.

• $1 transfer fee (Hyperliquid): Deducted from the leader's payout. The copier does not pay this fee.

• Leaders can change their rate at any time. The new rate applies to future trades only.

Detail	Description
Rate range	0-20% (set by leader)
Charged on	Realized gains only
Loss handling	No high-water mark — profit share on each profitable close
Minimum payout	$5 (held until threshold met)
Transfer fee	$1 per payout (deducted from leader's payout)

Profit Share Example

A copier realizes $100 profit on a copied trade. The leader's profit share rate is 10%.

	Amount
Realized profit	$100
Profit share (10%)	$10
Hyperliquid transfer fee	-$1
Leader receives	$9

Copy Trade Sub-Wallet Transfers

• Deposit to sub-wallet: Move USDC from your primary wallet to the copy trade sub-wallet.

• Withdraw to primary: Move USDC from the copy trade sub-wallet back to your primary wallet.

• Internal transfers are instant with no additional fees.

Managing Copy Trades

• Pause/Resume: Temporarily stop copying without deleting the configuration.

• Delete: Remove a copy trade permanently. Deleting a copy trade does not automatically close any open positions in the sub-wallet. You must manually close them using /close.

• View: See copy trade sub-wallet balance, address, and active copy trades from the copy trade menu.

⚠️ Important: When you delete a copy trade, any open positions remain active in the sub-wallet. Use /close to close them manually. Unmanaged positions will continue to gain or lose value.

Becoming a Copy Leader

1. Go to /settings

2. Set a Trading Username (public display name)

3. Enable Allow Copy Trading

4. Set your Profit Share Rate (0-20%, default 10%)

5. Share your username with followers — they can copy you by entering your username when creating a copy trade