How Copy Trading Works on Hyperliquid

Last checked against the product: 2026-10-19

The short answer

Copy trading means a tool watches a trader's public activity and places matching orders. With Hypertide, those orders go into your own Hyperliquid account. To do that, you let our bot use a limited key and you approve the most it can charge. We never hold your money. That is what non-custodial means.

Three ways people copy a trader

A vault. On Hyperliquid you can deposit into a vault run by a trader, and you earn a share of the profits or losses of the vault.

A custodial service. You deposit with the service, such as an exchange, and it copies trades inside its own account system. Custodial means the service holds your funds.

A mirroring tool. The orders are placed in your own account, so you hold the positions yourself. Hypertide works this way. Each tool has its own terms, so read what it asks you to approve.

They differ in who holds the funds, how much control you keep, and how much you have to manage.

What happens when you follow a trader

A leader is a Hyperliquid address that Hypertide tracks. We watch that address's fills. A fill is an order, or one piece of an order, going through. For each fill that opens or adds to a position, we work out a size for your account and place an order from your account.

Your copy is a separate order. It can fill at a different price from the trader's, and it can be skipped. Hyperliquid will not accept an order below its minimum of about $10, so a copy that works out smaller than that is skipped.

If your account is under $300 when you follow, the follow defaults to a fixed $15 copy for each fill that opens or adds. One order that fills in four pieces makes four copies. Copying the same percentage of your account as the trader's fill works better from about $500. You can start with $20.

When the trader reduces or closes, your copy is reduced or closed by the same share of your position.

A new follow starts with a 10% stop-loss unless you pick another number or turn it off. It is checked on a timer, not placed as an order on Hyperliquid, so in a fast market it can close at a worse price.

What you approve

Connecting takes two signatures. Both are messages you sign in your wallet, so there is no gas (the network fee you normally pay on a blockchain) and no funds are moved.

Signature 1, approve agent. Hyperliquid calls the key an agent wallet. The bot uses it to place orders, cancel orders and set leverage for the traders you choose. Your main wallet key never leaves your wallet. You pick how long the key lasts: 30, 90 or 180 days, with 180 as the default.

Signature 2, approve builder fee. This sets the highest fee we can charge you. Hyperliquid caps the builder fee on perpetual futures at 0.1%.

What the key cannot do, and how to switch it off

Hyperliquid's agent permissions stop the key from withdrawing your funds or sending them to another address. That limit is enforced by Hyperliquid, not by us. You can withdraw on Hyperliquid whenever you want.

You can switch the key off yourself by approving a new agent on Hyperliquid with the same name, Hypertide. Hyperliquid replaces the old one. Where the key is stored, and how, is explained on the Custody page linked below.

What it costs

Our fee is 0.1% of every order that fills, opening and closing. That is about $2 for every $1,000 you open and close. It drops to 0.05% once you have opened $10,000 through Hypertide in the last 30 days. Hyperliquid's own trading fees are separate and still apply. There is no subscription, and we charge no deposit or withdrawal fee.

What this page does not tell you

It does not tell you which trader to follow, and nothing here is a forecast. For the full step-by-step flow, read How it works at hypertide.app/how. To see how traders are scored, read TrustScore at hypertide.app/trustscore. You can look at traders before you connect anything at hypertide.app/leaders.