Skip to content
Sign up

Best Hyperliquid copy trading tools

No tool is best for everyone. Pick by the job: who holds the key, what the stop-loss covers, and how the trader list is ranked. AlphaYou, HyperDash, Copin, HyperX, Dexly and pvp.trade copy on Hyperliquid. BitMEX, Binance and eToro copy inside their own platforms.

Compare fees and controls
By Vansh BatraWritten by the AlphaYou team, so read it as a vendor's view

Which one should you use?

  • You want to know why a trader is ranked where they are: AlphaYou. It publishes its full ranking method.
  • You want a stop-loss for the whole strategy: AlphaYou sets one for the whole strategy. HyperX has copy stop-loss and take-profit. Dexly has a drawdown limit.
  • You want to copy 10 traders at once: HyperDash (10 per wallet) or HyperX (10 free, 20 on Pro).
  • You never want to paste a key: AlphaYou, or the wallet HyperDash or HyperX creates for you.
  • You copy a lot and want the lowest listed fee: HyperX Pro: 0.035%, plus $199 a year. Its free plan lists 0.055%.

A lower fee does not protect an allocation from trading losses. Hyperliquid's own fees apply on top of every fee below.

Six Hyperliquid copy tools at a glance

Decision
AlphaYou
HyperDash
Copin
pvp.trade
HyperX
Dexly
Fee
0.05% per copied trade. No subscription, no profit share.
Up to 0.05%. No subscription stated.
Its docs say 0.025% or 0.05% when an order opens. Paid plans exist.
FAQ says 0.05%, its tier page 0.010% to 0.040%. Leaders take 10% of follower profit.
Free 0.055%. Pro $199 a year, 0.035%.
Its pages disagree: no platform fee, or a small builder fee. Some leaders add a profit share.
Key and funds
A trade-only key for your own Agent Account. You never paste a key.
A wallet HyperDash manages, or yours with a 180-day API wallet that can't withdraw.
Your API wallet key. API wallets can't withdraw.
A wallet it creates, or your account through an API key. Withdraw rights of that key: not stated.
A wallet HyperX creates, or an API wallet you paste in that can't withdraw.
Your own wallet. The agent key can't withdraw and can be revoked.
Stop-loss and take-profit
Yes, for the whole strategy, set before it runs.
Not stated for copy trading.
Yes in its API, in % or USD.
Not stated for copying.
Yes.
Not stated. A drawdown limit pauses or stops copying (its pages differ).
Leverage limit
40x per position. Risk multiplier 1x to 2.5x.
Cap from 1x to 40x, 20x by default.
You set it per copy, up to Hyperliquid's maximum.
Not stated.
Follow the trader or fix a cap. No fixed number.
You set a cap per follow.
Existing positions
Your choice: the whole book, or only new trades.
Optional new-positions-only switch, off by default.
Not stated.
Not stated.
New trades by default. Current positions are optional.
Not stated.
How traders are ranked
Mirror Score: 9 signals, weights published.
Copy Score 0 to 100. Formula not published.
Leaderboard and a 26-filter explorer. No single score found.
No ranking. You copy a named user.
Filters only (ROI, PnL, win rate). No formula.
Vetting method not published.
Minimum
About $10 per opening order.
$100 USDC with your own wallet. Created wallet: not stated.
Not stated.
Not stated for copying. 10 USDC to deposit.
15 USDC.
Its pages differ: 100 USDC, or none.

Read on each tool's own pages on November 11, 2026. Copin's docs site was blocked that day, so its cells use its API docs, its blog and excerpts of its docs. "Not stated" means we found nothing, not that the feature is missing. HyperDash's terms say US persons may not trade perpetual futures; Dexly's terms bar US residents. Check each tool's terms for your country.

BitMEX, Binance and eToro copy inside their own platforms

  • BitMEX lets you copy Hyperliquid traders from a BitMEX account, so BitMEX holds your funds. Its launch release and support pages describe a 15% profit share on net profit and up to 5 leaders at once. Its pages were not readable on November 11, so confirm both on its site.
  • Binance follows lead-trader portfolios on Binance. eToro copies investors on eToro and says CopyTrader has no extra copying charge, while trading costs still apply. Neither copies an arbitrary public Hyperliquid wallet.

A portfolio's displayed return is not your copied return: entry times, order sizes, fees and markets change it. Compare with the exchange copy trading comparison and AlphaYou's fees.

Best Hyperliquid builders by revenue

Any app that adds its own fee on Hyperliquid orders is a builder. Builders that lead on all-time builder revenue, per Flowscan on November 11, 2026: Phantom (about $27.7M), BasedApp ($15.5M), MetaMask ($12.7M) and pvp.trade ($8.1M). Revenue is fees, not trader profit, and says nothing about copy quality. Flowscan lists every builder with live users and volume.

Looking for a HyperDash alternative?

HyperDash copies up to 10 traders per wallet with equal or custom weights, and skips a copied entry when your price would be much worse. Its copy docs do not list a stop-loss or the Copy Score formula. AlphaYou publishes its Mirror Score method and sets a whole-strategy stop-loss before it starts. More in AlphaYou vs HyperDash.

Looking for a HyperX alternative?

HyperX has a stop-loss and take-profit for copying and a Pro plan that cuts its fee from 0.055% to 0.035% for $199 a year. Its pages do not say what the percentage is charged on. Key handling differs: HyperX offers a wallet it creates, or an API wallet whose private key you paste in. On AlphaYou the trade-only key is created for your Agent Account and you never see it.

Looking for a Dexly alternative?

Dexly signs with a revocable agent key that can't withdraw and lets you set a leverage cap and a drawdown limit. Its fee wording differs between pages, so check the fee in the app before you start.

Research tools and tools that don't copy today

  • HyperTracker and Hypurrscan research wallets and transactions. We reviewed those features, not an automatic copy setup.
  • Tread.fi is an execution terminal for trades you already chose. Use hosted copying to follow a trader instead.
  • WunderTrading shut its copy service at the end of 2024 and now offers bots. HyperMirror calls itself a read-only preview. OneKey has no built-in copy trading.

Can a Hyperliquid agent withdraw funds? Trade-only permission limits withdrawal access, but trades can still lose money. Check the permission before the price.

Limits of this comparison

Facts were read on each tool's own pages on November 11, 2026; Flowscan figures the same day. Copin and BitMEX pages were partly unreadable that day and are marked above. We did not test competitor accounts or order fills, and app-only settings are outside this review. AlphaYou wrote this page, so treat it as a vendor's view and check the sources. If something here is wrong, the corrections page explains how to tell us. Copy trading involves risk: you can lose money, and past performance does not guarantee future results.

Sources

See each trader's biggest drop before you pick a tool.

See the top traders