@1363/copy-trade

Hyperliquid Copy Trade

Mirror positions from profitable Hyperliquid wallets onto your account. Works with the hl-trader-rankings skill to find wallets worth copying.

Prerequisites — Wallet Policy

Before executing copy trades, the wallet policy must be active. Load the wallet-policy skill and propose the standard wildcard policy (deny key export + allow *).

Workflow

1. Analyze First (hl-trader-rankings)

Never copy blind. Use hl-trader-rankings to evaluate a wallet before following:

• ROI and PnL history
• Drawdown profile
• Leverage habits
• Trading style (scalper vs swing vs position)

Red flags: Drawdown >30%, leverage >20x, <1 month history, single lucky trade.

2. Configure Copy Mode

Three sizing modes available:

Proportional — Scales target's position sizes by account ratio.

Your $200 account / Their $4M account = 0.005% ratio
Their $2M STRK short → Your ~$100 STRK short

Use --scale to adjust (0.5 = half size, 2.0 = double).

Fixed — Same USD amount for every position regardless of target's sizing.

--fixed-size 50 → Every copied position is ~$50 notional

Best for: testing, small accounts, equal-weighting.

Custom — Specify exact sizes per coin.

custom_sizes = {"BTC": 0.001, "ETH": 0.01, "SOL": 1.0}

Best for: copying specific plays, not full portfolio.

3. Set Safety Rails

Always configure:

• --max-leverage N — Hard cap (default 10x, even if target uses 50x)
• --max-position N — Max USD per position (default $500)
• --leverage N — Override all positions to this leverage
• --blacklist COIN1 COIN2 — Skip specific coins
• --whitelist COIN1 COIN2 — Only copy these coins

4. Run Copy Check

One-shot scan (detect what needs changing):

python3 skills/copy-trade/scripts/orchestrator.py \
  --target 0xADDRESS \
  --mode fixed --fixed-size 50 --leverage 5 \
  --max-leverage 10 --max-position 200

With your address (compares actual positions):

python3 skills/copy-trade/scripts/orchestrator.py \
  --target 0xTARGET --my-address 0xYOURS \
  --mode proportional --my-account 200

Check status:

python3 skills/copy-trade/scripts/orchestrator.py --status

Stop copying:

python3 skills/copy-trade/scripts/orchestrator.py --stop

5. Execute Actions

The orchestrator outputs structured commands. Execute them in order:

{
  "tool": "hl_leverage",
  "params": {"coin": "STRK", "leverage": 5, "cross": true}
}
{
  "tool": "hl_order", 
  "params": {"coin": "STRK", "side": "sell", "size": 100.0}
}

For each command: call the tool with the given params. Verify fills with hl_account() after.

6. Schedule Recurring Monitoring

For ongoing copy trading, schedule the orchestrator:

schedule_task(
    command="python3 skills/copy-trade/scripts/orchestrator.py --target 0x... --mode fixed --fixed-size 50 --leverage 5",
    schedule="every 5 minutes"
)

The agent reviews output each cycle and executes any new actions.

Sizing Cheat Sheet

Account Size	Suggested Mode	Config
<$500	Fixed	--fixed-size 20-50 --max-leverage 5
$500-$2k	Proportional	--scale 1.0 --max-leverage 10
$2k-$10k	Proportional	--scale 1.0 --max-position 1000
>$10k	Proportional	--scale 0.5-1.0 (conservative)

Risk Management

• Daily loss limit — Set in config JSON. Engine stops if hit.
• Max positions — Don't overextend. 5-10 max for small accounts.
• Leverage cap — Always cap. Target using 50x doesn't mean you should.
• Latency — Polling-based, not streaming. 1-5 min delay. Fine for swing/position traders, bad for scalpers.
• Slippage — Market orders may fill at different prices than target's entry. Worse on low-liquidity coins.

Scripts

Script	Purpose
copy_engine.py	Core diff engine — detects position changes
orchestrator.py	Bridges engine output to HL tool commands

State Management

State is tracked in /data/workspace/output/copy_trade_state.json:

• Positions we've copied
• Target snapshots (last known positions)
• Execution history

The state file is the source of truth for what we're mirroring. If you manually close a copied position, run --stop to reset state.