pvp.trade made Hyperliquid social: trading with friends, in a group, where the feed is part of the experience. HyperMirror is the opposite temperament — a system designed to run without conversation, where the interesting question is not what the group is doing but what the scores say.
In short
pvp.trade is a social, group-oriented way to trade Hyperliquid, where visibility and shared activity are the point. HyperMirror is a non-custodial autopilot: composite scores select up to 10 leaders into a sticky basket, capital is weighted by score, each leader is isolated in a dedicated sub-account, and emergency removal and soft-issue-strike replacement happen on measured rule breaches rather than group sentiment or relative score.
At a glance
HyperMirror versus pvp.trade — structural comparison
Dimension
HyperMirror
pvp.trade
Primary venue
HyperMirrorHyperliquid only
pvp.tradeHyperliquid
Custody model
HyperMirrorNon-custodial; funds stay in your own Hyperliquid account
pvp.tradeNon-custodial in its on-chain design; verify current mechanics in its docs
Permission model
HyperMirrorTrade-only agent approval plus a separate builder-fee approval
pvp.tradeOn-chain permissions granted from your wallet
Can the operator withdraw your funds?
HyperMirrorNo — withdrawals and transfers stay wallet-only
pvp.tradeNot in a non-custodial design — confirm with the provider
What you copy
HyperMirrorA curated basket of up to 10 scored elite Hyperliquid traders
pvp.tradePeople in your group or feed, chosen socially
Portfolio construction
HyperMirrorScore-weighted allocation; 1 leader in Starter mode, up to 10 in Full mode
pvp.tradeAd hoc: driven by who you follow and what the group does
Position isolation / netting
HyperMirrorOne isolated sub-account per leader; no netting between leaders
pvp.tradeTypically one account, so positions net
Leader replacement policy
HyperMirrorSticky basket: immediate removal on an emergency, otherwise 3 strike-days of documented soft issues
pvp.tradeNot documented as a fixed rule set — rotation is left to the user or to the provider's discretion
Fee model
HyperMirror0.1% builder fee on mirrored notional volume; no profit share
pvp.tradeCheck the provider's current fee terms
Transparency
HyperMirrorOn-chain: every fill sits under your own address
pvp.tradeOn-chain, with social visibility as a feature
Ops burden
HyperMirrorHosted autopilot; nothing to run or host yourself
pvp.tradeYou participate actively; the experience assumes attention
Best for
HyperMirrorSomeone who wants diversified Hyperliquid exposure without giving up custody
pvp.tradeTraders who want a social, high-engagement environment
Quick verdict
HyperMirror fits when you want an unattended allocation driven by measured trader quality rather than by what is being discussed.
pvp.trade may fit better when the social layer is genuinely what you want — trading with a group, in the open, with people you know.
Custody and security
Both stay on-chain and both avoid taking deposits, so the custody comparison is short. What differs is what the social layer does to behaviour rather than to security: when positions are visible and shared in real time, decisions get made faster and with more reference to other people. That is a feature if you want engagement and a hazard if you are trying to avoid correlated, sentiment-driven positioning.
HyperMirror keeps the permission surface deliberately minimal — one trade-only agent approval, one builder-fee approval, both revocable from your wallet — and keeps behaviour out of the loop entirely by removing the moment where you decide.
Trade-only agent: orders yes, withdrawals never.
Positions live under your own address and are auditable on-chain.
No social feed, no group pressure, no visible position to defend.
Revocation is a wallet action and does not depend on the operator.
Fees and incentive alignment
Social trading products monetise in varied ways — activity-linked fees, spread or referral economics — so the honest comparison is by fee type rather than by number; check the provider's own terms for what applies today.
HyperMirror's model is one line: 0.1% of mirrored notional volume via Hyperliquid's builder-fee mechanism, no profit share, no subscription. The incentive it creates is transparent and worth stating: fee revenue scales with turnover, so an active basket costs more than a quiet one at equal profitability.
How copying and automation actually work
In a social environment the selection mechanism is affinity. You copy people you know, people who are performing loudly, or people the group is discussing. That mechanism has real information in it sometimes, and it also has a well-documented failure mode: attention concentrates on recent winners, which is precisely when a run is most likely to be regime luck.
HyperMirror scores public fill history — realized PnL consistency, win rate, profit factor, position discipline, account survivability — and lets the composite score decide who is in the basket and how much they get. Sub-account isolation then keeps each leader's exposure separate, so a group of leaders cannot quietly net into a flat book inside one account.
Selection by measured evidence rather than by visibility.
Score-weighted sizing rather than equal or enthusiasm-driven sizing.
One sub-account per leader; no cross-leader netting.
Starter mode mirrors one leader until $100k of mirrored volume unlocks Full mode.
Risk controls and leader failure
Social settings tend to concentrate risk exactly when they should diversify it: everyone crowds the same trade, and when it turns, it turns for the whole group at once. There is no structural mechanism separating one participant's mistake from another's.
The basket approach imposes structure instead. Weights follow scores, so no single leader dominates by force of personality; soft-issue strikes and replacement trigger on measured decline rather than on mood, never on relative score alone; emergency removal exists for severe events. This reduces single-leader concentration but does nothing about a correlated market move that hurts every leader simultaneously.
Who should choose which
Choose HyperMirror if: you want the decision-making removed rather than socialised, you want diversification enforced by structure, and you would rather not watch a feed to know whether your system is healthy.
Choose pvp.trade if: you want the social experience itself, you trade with a group you trust, or you want fast, discretionary participation rather than a maintained allocation.
Limitations, on both sides
Where HyperMirror is limited: no social layer and no discretionary override of leader selection; Hyperliquid only; one leader below the $100k unlock; and margin fragmented across isolated sub-accounts.
Where pvp.trade is limited: selection driven by attention rather than by measured history; crowding risk when a group converges on one trade; and typically no per-leader isolation or systematic replacement process.
Methodology, in one paragraph
HyperMirror's side of every row above follows one published rule set. The Elite basket is sticky: a leader stays mirrored until a rule removes them, and a higher-scoring wallet elsewhere never forces a swap. Emergencies — account value below roughly $1,000, or no fill for 96 hours or more combined with zero trades in 7 days — remove a leader immediately. Everything softer accrues at most one strike per wallet per UTC calendar day, with three strike-days triggering replacement and a clean day resetting the counter; drawdown for that test is measured on jump-adjusted equity so deposits and withdrawals are not read as trading losses, and ROI is measured from PnL. The full table is on How it works and in the documentation.
Risk statement
Structure changes which risks you carry, not whether you carry risk. Nothing on this page is a return estimate, a recommendation, or a claim about another provider's results — check any provider's own documentation before deciding.
Past performance is not indicative of future results. Perpetual futures are leveraged instruments and carry a substantial risk of loss, including the loss of your entire position.
Methodology
Scoring and replacement are documented in full on How it works and in the Docs (Policy v3). In short: the Elite basket is sticky, emergencies remove a leader immediately, and soft issues accrue at most one strike per UTC day with three strike-days triggering replacement. Read how it works or the documentation for the full table.
Questions
Frequently asked
Can I see what the basket is doing?
Yes. The leaderboard shows the current leaders and weights, and the activity feed shows basket-level trading — but there is no social layer or chat.
Is social trading worse?
It is different. It optimises for engagement, which is a legitimate thing to want; it just tends to select on visibility rather than on evidence.
Can friends see my HyperMirror positions?
Only in the sense that Hyperliquid is a public chain — positions under your address are on-chain like any other. Nothing is broadcast socially by the product.
Do you charge a profit share?
No. The only fee is 0.1% of mirrored notional volume through Hyperliquid's builder-fee mechanism.