Copying a Hyperliquid trader from a Telegram chat

How copy-wallet works

Everything starts with a Hyperliquid address pasted into the chat. From then on, StratiDex watches it and replays each of its moves on your own account: an opening, an addition, a reduction, a close. Your account is the one created in the conversation, in your name on Hyperliquid, with a private key you can export at any time.

An example in dollars. A trader with $400,000 on their account opens a $40,000 position: 10 % of their account. You follow them with $300, so your copy opens $30. When your free margin is not enough for the full size, the order is reduced to what it allows, and the message tells you. A copy that would land under the smallest order is not placed, and the message says so too. Earn is not counted: only the money on your trading account follows the wallet.

Starting a follow, and stopping it

1. Paste the trader's Hyperliquid address: Menu → Copy-wallet → Paste an address (it starts with 0x).
2. Choose how much of your money follows it: the screen shows your capital in dollars and what 25 %, 50 % or 100 % of it comes to, or type an amount, in dollars or in %.
3. Choose Copy now, to open the trader's current positions at your size, or Only the next trades, to wait for their next move.
4. From then on, every opening, addition, reduction and close is replayed at your size, at the trader's leverage capped by the market. One message per action.
5. Pause or stop anytime. Stopping the follow does not close your positions: they stay yours to manage.

A paused follow copies nothing until you resume. If a followed wallet stays quiet for days, the bot tells you.

Positions opened by a copy are ordinary positions. You can set a stop loss, a take profit or a trailing stop on each one, and the near-liquidation alert watches them like any other.

What copying does not transfer

A public position is the visible end of a private decision. Four things stay with the trader when you copy it.

• Entry timing. They may have opened hours ago, on a pullback. With Copy now, your order fills at the current price, with the current spread. The same position is not the same trade.
• Their other money. The share is copied, not their whole situation: a trader may hold funds elsewhere, so 10 % of their Hyperliquid account can be a small bet for them and a real one for you.
• Risk tolerance. They know where they will cut and how much they can afford to lose. That plan is not written in the position, so it is not copied.
• The reason. The position may hedge something else they hold, be one leg of a spread, or be an inventory they are unwinding. On-chain it all looks like a directional bet.

You copy decisions, not results. A follow reproduces what an address does, after it does it. Their result depends on their entry, their sizing and their exit; yours depends on yours, on your fill price and on your fees. A copied trade can lose money exactly like one you placed yourself.

Costs apply to every copied order

A copied order is a real order and pays what an order you place yourself pays: our commission, plus Hyperliquid's fee for that market. No subscription, no share of your profits. A wallet that turns positions over quickly makes you pay these on every move.

Add the spread. Each market's fee is published market by market in /data/markets.json (open data, CC BY 4.0) and on its page; our commission is on /pricing. Performance shows your net result, fees included.

Reading an address before you follow it

StratiDex does not pick the address for you. You choose it, and what you get to see is what Hyperliquid makes public: positions and fills, not an audited track record.

• How many markets it trades. A single ticker is a single idea, and that idea is what you would be copying.
• How long its positions stay open. Minutes and days are two different businesses, and a follow copies the rhythm as much as the direction: every move pays fees.
• The leverage in use. A follow applies it, up to the market's cap. At 40×, the margin behind a position is 2.5 % of its size.
• The size relative to what the account holds. A position that is most of the account leaves no room for a second idea.
• Which markets. The same rhythm costs more on a HIP-3 market, where Hyperliquid's fee is twice the native one on most markets.
• What you cannot see at all: the plan behind the position, and whether what is open today says anything about the rest.

Then start small. A modest amount is enough to watch the mechanism run: the messages, the fills, the net result in Performance. Keep the smallest order in mind: a small share of a small amount can land under $11.00, and then that copy is not placed.

Leverage, liquidation and the limits to know

A follow applies the trader's leverage, capped by the market's real cap. Before you choose Copy now, the confirmation screen lists each position it would open, with its leverage and its size in dollars.

• Protection: set a stop loss, a take profit or a trailing stop on any copied position; the bot alerts you when a position nears liquidation.
• Margin is cross when the market allows it, isolated when it requires it.
• The account is yours: created in the chat on Hyperliquid, in your name, with the private key exportable at any time.
• Pausing or stopping a follow never closes a position for you.
• A copied trade can lose money like one you placed yourself. The risks are on /risks.