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HomeTech InnovationsHow to Copy Trade the Best Crypto Traders on Hyperliquid? | by...

How to Copy Trade the Best Crypto Traders on Hyperliquid? | by ADITYA SINGH | Coinmonks | Jul, 2025

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Crypto markets move fast. Profits are massive. Losses can be harsh. What if you could ride smart strategies without guesswork?

Copy trading helps you mirror top traders. Combine Hyperliquid and HyperDash to trade smarter. These platforms bring speed, transparency, and analytics-driven workflow.

What Is Hyperliquid?

Hyperliquid is a decentralized perpetuals exchange. It offers deep liquidity, lightning-fast execution, and zero KYC requirements.

You stay in full control of your funds. It uses a custom Layer 1 blockchain for sub-second trades. It feels like a centralized platform with decentralized benefits.

Sign up on HyperLiquid.

What Is HyperDash?

HyperDash is your analytics and copy-trading control panel for Hyperliquid. It delivers real-time trader performance, portfolio insights, and trading automation.

Core Features

  • Liquidation heatmap
  • Market overview
  • Live trader activity
  • Smart copy trading engine
  • Funding, open interest, long/short ratio
  • TWAP tracking
  • Advanced filters by asset, leverage, win rate, and PnL

Deep Dive: HyperDash Features

Liquidation Heatmap

See where large positions may cascade into liquidations.
Heatmap tracks total liquidation volume (around 32,000 BTC) split evenly between longs and shorts.

Identify crowded stop zones before price spikes hit.

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Market Overview

See total notional exposure and sentiment across major assets.
Track funding rates, open interest, and long/short ratios.

This helps you detect trending assets and sentiment shifts.

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Live Trader Activity

Watch each trade executed by top wallets. Including asset, size, and direction in real time.

It makes copying professional moves easy.

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Strategic Copy Trading

Replicate up to three pro wallets simultaneously. HyperDash balances your exposure for true portfolio diversification.

Adjust individual allocation, leverage, and asset preferences. This creates a risk-aware copy portfolio.

Real-Time Analytics

Data updates about every five seconds.
See live funding rates, open interest, long/short ratio, and liquidation risk.

Use this info to optimize entry and exit timing.

TWAP Position Tracking

Track how whales scale into or out of positions. Watch for time-weighted average price flows. Learn institutional execution strategies.

Advanced Filters

Sort traders by performance metrics. Choose based on win rate, leverage, PnL, or asset focus.

Match copied strategies to your risk tolerance.

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These Features Empower You

  • Use the liquidation map to avoid crowded stop zones and anticipate volatility.
  • Market overview helps spot early shifts in asset trends.
  • Live feed and TWAP reveal smart money movements.
  • Real-time analytics give you cost-aware entry points.
  • Strategic copy trading offers diversification with risk control.

Meet a Top Trader: 0x8af7…fa05

This wallet holds $19 million in perp equity and over $116 million in open positions. In the past 24 hours it delivered $6.5 million in profit with a 64% win rate.

It takes calculated risk using 10x to 40x leverage. Live liquidation and margin analytics offer full insight into its strategy.

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Step-By-Step Guide to Copy Trading

1. Visit HyperDash

Go to hyperdash.info. Navigate to the “Top Traders” section.

2. Select a Trader

Look for high 24-hour profits, consistent performance, and balanced exposure. Check leverage levels and directional bias.

3. Set Up Copy Trading

Click “CopyTrade” on your chosen trader. Assign allocation, set leverage, and select assets you want to mirror.

4. Monitor and Manage

Track your portfolio in real time. View asset-level PnL, ROI, and open positions. You can adjust risk, stop-loss, or close copied trades at any time.

Analytics You Should Know

Equity Chart

Tracks total profit and loss over time.
Look for smooth upward growth for consistency.

Position Distribution

Shows long versus short exposure across assets.
Helps you understand sentiment and risk balance.

Asset Position Details

Includes position size, leverage, entry price, and liquidation levels.
Live unrealized PnL details build trust in the strategy.

Historical PnL Trends

View performance over 24 hours, one week, and one month.
Prioritize consistent returns over volatile spikes.

Trade Logs

Timestamped trade entries and exits.
See if the strategy is swing-based or scalp-oriented.

Directional Bias

Shows net bullish or bearish lean.
Key for aligning strategy to market trends.

Pro Tips for Copy Trading Success

  • Start with a small allocation.
  • Copy multiple traders with varied styles.
  • Prefer consistent returns over single-day gains.
  • Avoid excessive leverage.
  • Factor in funding fees.
  • Watch liquidation zones before entering.

What is copy trading?
Copy trading lets you mirror successful wallet trades automatically.

Is Hyperliquid safe?
Yes. It is decentralized, audited and non-custodial.

Does HyperDash cost anything?
No. It is free to use along with standard trading costs.

How fast are trades copied?
Typically within a few seconds of execution.

Can I close a copied trade manually?
Yes. You retain full control of positions.

Real Example: BTC and XRP Strategy

Trader 0x8af7…fa05 holds a 40x Bitcoin long position valued at $47.8 million.
It also holds significant XRP and SUI short positions worth millions.

Live data shows entry, margin, liquidation, and ongoing PnL for each trade.

Liquidation Map and Risk Zones

Liquidation heatmap highlights concentrated stops around key price bands. Avoid these zones to sidestep sudden liquidations.

Summary

Hyperliquid offers high-performance decentralized trading. HyperDash adds analytics, risk control, and copy-trading tools.

You get full visibility into professional strategies. Balance risk, diversification, and smart automation.

How do I copy trade on Hyperliquid using HyperDash?

  1. Visit HyperDash → Top Traders
  2. Select by profit, leverage, bias
  3. Activate CopyTrade with your settings
  4. Track live PnL and adjust exposures

Follow data. Manage risk. Ride smart strategies. Copy trading done right.

Affiliate Disclaimer

Some links in this article are affiliate links. If you use them and make a purchase, we may earn a commission at no extra cost to you. This does not influence our opinions or recommendations. Always do your own research before investing.

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