Documentation
Reference for how the system behaves
A concise operator's guide: what each approval grants, how capital is allocated, how isolation works and how to shut everything off.
In short
HyperMirror runs on two scoped, revocable Hyperliquid approvals: a trade-only agent approval that can place, modify and cancel orders but cannot withdraw or transfer, and a builder-fee approval capped at 0.1% of mirrored notional volume. Up to 10 leaders form a sticky Elite basket — membership is not reshuffled on rank alone — and capital is weighted in proportion to a composite score built from activity, realized performance, risk and survivability. A leader is removed immediately on an emergency (account value below roughly $1,000, or no fill for 96 hours with zero trades in 7 days) and otherwise through soft strikes: at most one strike per wallet per UTC calendar day, three strike-days triggering replacement, with drawdown measured on jump-adjusted equity and ROI measured from PnL. Each leader is mirrored in its own sub-account so opposing positions cannot net out. Revoking the agent on-chain stops all delegated trading immediately.
Specification
| Property | Detail |
|---|---|
| What it is | Automated, non-custodial copy trading for Hyperliquid perpetual futures |
| Leaders mirrored | Up to 10 simultaneously (1 in Starter mode) |
| Allocation method | Capital weighted in proportion to each leader's composite score |
| Position isolation | one Hyperliquid sub-account per mirrored leader |
| Custody model | Non-custodial — funds stay in the user's own Hyperliquid account |
| Permission granted | Trade-only agent approval; no withdrawal or transfer rights |
| Fee | 0.1% of mirrored notional volume, charged through Hyperliquid's native builder-fee mechanism |
| Full-mode unlock | $100,000 of mirrored volume (detected automatically) |
| Trader selection inputs | Realized PnL consistency, win rate, profit factor, position discipline, account survivability |
| Exchange | Hyperliquid only |
Methodology
Trader selection and replacement (Policy v3)
The canonical table. Every other page on this site restates a subset of it; nothing here contradicts the running system.
| Property | Detail |
|---|---|
| Basket behaviour | Sticky Elite Top 10 — no rank-only reshuffling per snapshot |
| Max leaders mirrored | Up to 10 (Starter mode mirrors 1) |
| Allocation method | Capital weighted in proportion to each leader's composite score |
| Emergency removal | Account value below ~$1,000; or no fill for 96h+ with zero trades in 7 days — removed immediately |
| Soft issue: activity | Fewer than 5 trades in 7d, or 7d volume under $25,000, or 48h+ since last fill |
| Soft issue: drawdown | 30d trading max drawdown above 35% on jump-adjusted equity |
| Soft issue: return | 30d PnL-based ROI below -15% |
| Strike cadence | Max 1 strike per wallet per UTC calendar day; 3 strike-days → replacement |
| Strike reset | A clean evaluation day resets the strike counter to 0 |
| Drawdown method | Jump-adjusted equity — deposits and withdrawals are not counted as drawdown |
| ROI method | PnL-based over a 30-day window, not raw account-value change |
| Score role | Ranks candidates and weights capital; a higher score alone does not force a replace |
| Candidate entry | Active wallets, sufficient account size, ~90+ days of measurable activity |
| Position isolation | one Hyperliquid sub-account per mirrored leader |
| Custody | Non-custodial — funds stay in the user's own Hyperliquid account |
| Permission | Trade-only agent approval; no withdrawal or transfer rights |
| Fee | 0.1% of mirrored notional volume |
| Full-mode unlock | $100,000 of mirrored volume (detected automatically) |
- Withdrawals and deposits can distort raw account-value curves, so the drawdown used for risk gates is computed with jump-adjusted logic rather than a naive peak-to-trough on account value.
- Replacement is evidence-based and deliberately slow on soft signals; it is fast only on emergencies.
- A higher composite score alone never forces a replacement. Score ranks candidates and weights capital; it does not by itself end a leader's membership.
Narrative walkthroughs: how it works, how leader replacement works and how we score traders. Thresholds above are the ones the live system evaluates; scores rank and weight, strikes decide membership.
Reference
Core concepts
Agent approval (trade only)
An agent approval authorises an execution key to place, modify and cancel orders on your account. It carries no withdrawal or transfer rights. Revoking it on-chain ends all delegated trading immediately.
Builder fee (0.1%)
You approve a maximum builder-fee rate expressed in tenths of a basis point. Fees apply to mirrored volume only, are settled natively by Hyperliquid, and are the sole revenue source — there is no management or performance fee on your equity.
Allocation and scoring
Qualified traders receive weights proportional to composite score, which blends activity, realized performance (PnL-first ROI), risk measured on jump-adjusted equity and account survivability. Weights are recomputed as new cached snapshots arrive; a higher score elsewhere does not by itself evict a current leader.
Sub-account isolation
Each leader is mirrored inside its own sub-account so opposing positions never net out and per-leader PnL stays measurable. This is what makes score-driven replacement meaningful rather than cosmetic.
Modes
Under $100k mirrored volume you run Starter mode (one leader, one sub-account). From $100k, Full mode unlocks up to 10 leaders in parallel. Volume is detected automatically from your account.
Controls and shutdown
Pause Autopilot from the dashboard to stop new mirroring while keeping positions. Revoke the agent approval to end delegation entirely. Withdrawals always require your own signature.
Quickstart
Setup in five steps
The onboarding flow walks through each of these and detects everything it can automatically.
- 1
Connect your wallet
Connect the wallet that holds your Hyperliquid account. Your address is detected automatically — there is nothing to type in.
- 2
Deposit on Hyperliquid
Fund your own Hyperliquid account with USDC. Funds never move to HyperMirror; we only read your balance to size allocations.
- 3
Approve the agent (trade only)
Sign an agent approval that can place and manage orders. It cannot withdraw, transfer or move capital anywhere.
- 4
Approve the builder fee (0.1%)
Approve a maximum builder-fee rate. This is how the product is funded — no subscriptions, no performance cut on your equity.
- 5
Autopilot mirrors the basket
Capital is allocated by score across the qualified basket and positions are mirrored continuously under risk controls.
See also: FAQ, risk disclosure, leaderboard.
Docs read.
Time to allocate.
Onboarding detects your address, balance and mode — you only sign the two scoped approvals.
Non-custodial · Agent cannot withdraw · Cancel delegation anytime