Explore
Explore is where you find traders worth following or copying. It ranks wallets from Hyperliquid’s leaderboard and shows how each one trades, in figures and in plain words.
Explore has four tabs: Library, Following, Compare and Copy list.
The Library
Section titled “The Library”The Library is the ranked list of traders. The ranking runs every day from Hyperliquid’s leaderboard, and the time it last ran shows at the top. Wallets show here once it ends.
Each row shows a wallet with:
- Copy fit: how well this trader suits copying, out of 100 (more below).
- Account: how big the account is.
- Profit for the window you picked, and ROI.
- Win rate, the number of closed Trades, and the Last trade.
- Its labels, for example “Quant · Day trader”.
Click a column head to sort by it. The default is Copy fit, highest first. Sort by profit to see the leaderboard’s order.
The window
Section titled “The window”Pick the time the figures cover: 24H, 7D, 30D or All.
Sizes and groups
Section titled “Sizes and groups”Every wallet has a size, shown as a small creature:
- Shrimp: under $10K
- Crab: $10K to $100K
- Fish: $100K to $1M
- Dolphin: $1M to $10M
- Whale: over $10M
The ruler at the top groups wallets by Size or by All-time profit. Click a group to see only its wallets, what they hold, and their coins.
Filters
Section titled “Filters”Open Filters to narrow the list:
- Holds: only wallets with any open position, or a position on one coin.
- The trading style, such as scalper or swing trader.
- Traded in the last hour.
- Labels to include or hide, for example to hide market makers.
Filters never re-rank the list. They only hide rows, so clear one to see more.
Switch the View between List, Map (each wallet placed by its return against its worst fall) and Deck (one wallet at a time, handy on a phone).
Labels: what kind of trader
Section titled “Labels: what kind of trader”Every trader gets two kinds of labels, worked out from how it trades:
- How long it holds: Scalper, Day trader, Swing trader or Position trader. With fewer than 10 closed trades, it says Not enough trades.
- What kind of trader: Market maker, Quant, Hedger or Institution. Many traders have none of these.
Hover a label to see why it was given, with numbers.
Copy fit
Section titled “Copy fit”Copy fit scores a trader out of 100 for copying. It has four equal parts:
- Steady: how many days it was up.
- Drops: how deep its worst fall was.
- Room: how far its positions are from liquidation.
- Copyable: how many of its positions a copy could follow.
Each part shows as a square: mint is strong, grey is so-so, coral is weak. The weak parts are named in words, for example “Held back by deep falls and near liquidation”. A fit can also be held back when the trader’s record is thin or old.
A high copy fit is not a promise of profit. It says the trader is easier and safer to copy, based on what it did.
Look at one trader
Section titled “Look at one trader”Click a row to open it at the side: its copy fit, Risk now, what it Holds now, its largest positions, and its profit on perps. Open its full page to see every position with stops and liquidation prices, its open orders, fills, closed trades and How it trades.
From a trader you can:
- Follow it. It gets a letter and a colour, and its trades show on your chart and in your alerts. You can follow up to 52 traders.
- Add to Compare.
- Add to copy list.
Following
Section titled “Following”The Following tab lists the traders you follow, in their letter order. Their changes also show in the Terminal’s Following tab and in your alerts. For each followed trader you can choose which alerts ring: every change, opens and closes only, or mute. In Settings, under Alerts, Quiet hours keep the night quiet, and Notify this device brings alerts to your phone even when syntaka is closed.
Compare
Section titled “Compare”Compare puts up to three traders on one chart: their profit on one scale, their figures side by side, and the coins where they disagree.
Copy list
Section titled “Copy list”The copy list is your shortlist. Add wallets with + in the Library or a group. Then you can compare them, or follow them all at once with Follow all.
Ready to copy? Go to For You. New to the words used here? See the glossary.