The traders you copy are chosen by a rule-based process that runs every day on both Hyperliquid and Lighter — not by gut feeling and not by who shouts loudest. A strict filter, then a score, then a spread across trading styles.
Every trader must clear all of the filters below before being scored. The two exchanges expose different data, so the filters differ slightly.
| Criterion | Threshold | Why it matters |
|---|---|---|
| Account value | ≥ $100,000 | Real capital at stake — small accounts let one lucky day dominate the numbers |
| 30-day volume | ≥ $5M | Active enough to follow at meaningful size |
| 30-day PnL | ≥ $50,000 | A substantial, not incidental, profit |
| 7-day PnL | > 0 and ≥ 20% of 30-day | Recency check — rules out traders who peaked weeks ago and went flat |
| Today's PnL | > 0 and < 80% of monthly | One-day-wonder filter — a single outsized day shouldn't qualify anyone |
| Trades on Hyperliquid itself | Verified live | Profits earned through vaults or HyperEVM can't be observed or copied, so those accounts are skipped |
| Criterion | Threshold | Why it matters |
|---|---|---|
| Number of trades | 300 – 3,000 | Too few is no evidence; too many means an ultra-fast bot that can't be copied one order at a time |
| Win rate | 55% – 90% | Above 90% is a red flag for wash trading or data artifacts |
| Market breadth | ≥ 3 markets | Single-market specialists carry concentrated risk |
| Recent activity | Traded in last 7 days | We only follow traders who are trading now |
| Net result | Profitable | Positive total PnL over the window |
| Average trade size | ≥ $25 | Excludes dust accounts with impressive-looking but meaningless percentages |
Only perpetual-futures markets are copied. Spot trades by a followed trader are ignored.
Survivors are ranked by how efficiently they turn traded volume into profit — not by who simply made the biggest number. The score is then adjusted by two checks that look at behaviour rather than headline stats.
Instead of taking the overall top scorers (which would all be the same type of trader), we take the best per trading style — swing (calmer, longer trades), daytrader, and scalper (fast, frequent trades) — up to three per style on each exchange. That spreads your exposure across different approaches instead of concentrating it in one.
The whole selection is repeated daily. A trader who drops out stops receiving new copied positions. If they still have open positions, we keep following them only to close those when they do — so you're never left holding a trade that nobody manages.