Question 1

What is Hyperliquid copy trading?

Accepted Answer

Hyperliquid copy trading lets you automatically mirror the positions of top-performing perpetual traders on Hyperliquid L1. When a leader opens or closes a trade on Hyperliquid, the same position is replicated in your account proportionally — all settled on-chain with full self-custody of your funds via Dexly.

Question 2

How does copy trading work on Hyperliquid?

Accepted Answer

Hyperliquid copy trading works by monitoring leader wallets in real time via WebSocket. When a leader executes a perpetual futures trade on Hyperliquid, the system replicates the position in your wallet within sub-second latency. All trades settle directly on Hyperliquid L1 — Dexly acts as the interface and never holds your funds.

Question 3

Is copy trading on Hyperliquid safe?

Accepted Answer

Hyperliquid copy trading through Dexly is non-custodial — your funds stay in your own wallet at all times. Trades execute through an agent wallet authorization on Hyperliquid, meaning only you control your assets. Built-in drawdown protection automatically pauses copying when losses exceed your threshold, and you can stop copying at any time.

Question 4

What are Hyperliquid copy trading fees?

Accepted Answer

There are no platform fees for copy trading on Hyperliquid via Dexly. You only pay standard Hyperliquid maker/taker fees on executed trades. Some leaders may set a profit-sharing percentage, which is transparently displayed before you follow them.

Question 5

Can I copy trade Hyperliquid perpetuals?

Accepted Answer

Yes, Hyperliquid copy trading supports all perpetual futures pairs listed on Hyperliquid. When a leader trades BTC-PERP, ETH-PERP, or any other Hyperliquid perpetual contract, the position is mirrored in your account with your configured leverage and size settings.

Question 6

How to choose the best Hyperliquid trader to copy?

Accepted Answer

Browse the Hyperliquid trader leaderboard to compare PnL history, win rates, drawdown levels, and trading styles. Look for consistent returns over longer periods rather than short-term spikes. Dexly surfaces verified on-chain performance data directly from Hyperliquid, so all stats are transparent and auditable.

Question 7

What is the minimum amount to copy trade on Hyperliquid?

Accepted Answer

The minimum amount to copy trade on Hyperliquid depends on the minimum order sizes set by Hyperliquid for each perpetual pair. Generally, you can start with as little as a few dollars in your Hyperliquid account. There is no minimum deposit required by Dexly itself.

Question 8

Does Hyperliquid copy trading support leverage?

Accepted Answer

Yes, Hyperliquid copy trading fully supports leverage. You can configure your own leverage settings independently of the leader. Hyperliquid offers up to 50x leverage on major perpetual pairs, and your copy trades will execute at the leverage you specify in your risk settings.

Question 9

How is Hyperliquid copy trading different from Binance or Bybit?

Accepted Answer

Hyperliquid copy trading is fully on-chain and non-custodial, unlike Binance or Bybit copy trading where a centralized exchange holds your funds. On Hyperliquid, all trades settle on L1 with transparent on-chain execution. You retain self-custody through wallet authorization rather than depositing to an exchange. Dexly provides the copy trading layer on top of Hyperliquid's decentralized infrastructure.

Question 10

Can I stop copy trading on Hyperliquid anytime?

Accepted Answer

Yes, you can stop copy trading on Hyperliquid at any time with one click. When you unfollow a leader, no new trades will be mirrored. You can also choose to close existing positions immediately or let them run. Since it is non-custodial, your funds are always accessible in your Hyperliquid wallet.

Question 11

What risk controls does Hyperliquid copy trading have?

Accepted Answer

Hyperliquid copy trading via Dexly includes drawdown protection that auto-pauses copying when losses exceed your set threshold, configurable max position sizes, independent leverage settings, and per-follower rate limiting. All risk parameters are enforced before trades execute on Hyperliquid L1.

Question 12

How fast are copy trades executed on Hyperliquid?

Accepted Answer

Copy trades on Hyperliquid execute with sub-second latency. Leader positions are detected in real time via WebSocket, and replicated trades are submitted to Hyperliquid L1 immediately. Hyperliquid's high-performance order matching ensures rapid settlement, making it one of the fastest on-chain copy trading experiences available.

Question 13

How to copy Hyperliquid traders?

Accepted Answer

To copy Hyperliquid traders, follow these steps: 1) Connect your wallet to Hyperliquid through Dexly — your funds remain in your own wallet with full self-custody. 2) Browse the leaderboard to find top-performing traders, filtering by PnL, win rate, and trading style using verified on-chain data from Hyperliquid. 3) Click "Copy" on a trader and configure your risk parameters including position size, leverage, and maximum drawdown limit. 4) Once activated, trades mirror automatically — when the leader opens or closes a position on Hyperliquid, the same trade executes in your wallet on Hyperliquid L1 in real time with sub-second latency. 5) Monitor your copy trades, adjust settings, or stop copying at any time. Everything is non-custodial and settles directly on Hyperliquid L1, so you always retain full control of your funds.

Feature	Hyperliquid (via Dexly)	Binance	Bybit	Lighter
Settlement	On-chain (Hyperliquid L1)	Centralized	Centralized	Centralized
Self-custody	Yes	No	No	No
Platform fees	None	Yes	Yes	Yes
Execution speed	Sub-second	Variable	Variable	Delayed
Drawdown protection	Yes	Limited	Limited	No
On-chain verification	Full	None	None	Partial