Risk disclosure
What can go wrong, stated plainly
We would rather lose a signup than mislead a trader. Read this before you approve anything.
In short
In short: copy trading leveraged perpetuals can lose your entire deposit. Non-custodial means we cannot withdraw your funds — it does not protect you from leverage, liquidation, slippage, or a mirrored leader making a bad trade. Size positions you can afford to lose and read this page in full before approving anything.
Material risks
Eight things you should assume
This list is not exhaustive, and it is not investment advice. If any point is unacceptable to you, do not use the product.
Perpetual futures are high-risk instruments
Perps trade with leverage. Adverse price moves can liquidate a position and permanently remove capital from your account. Only allocate capital you can afford to lose entirely.
Past performance does not predict future results
Every metric on this site describes what already happened, using cached public data. Traders who performed well can lose money immediately afterwards. No figure shown is a forecast, target or promise.
Soft replacement is intentionally not instant
Soft issues — low activity, a 30-day jump-adjusted drawdown above 35%, a 30-day PnL ROI below -15% — accrue at most one strike per UTC calendar day, and three strike-days are required before a leader is replaced. That delay is deliberate: it avoids rotating leaders on noise. It also means your account keeps mirroring a deteriorating leader during the strike window.
Your fills will differ from the leader's
Mirroring is not instantaneous or identical. Latency, order-book depth, slippage, funding rates, position sizing and available margin all cause your realized outcome to diverge — sometimes materially — from the leader's.
Non-custodial does not mean risk-free
Keeping custody removes counterparty risk from us. It does not remove market risk, liquidation risk, smart-contract risk, exchange risk or the risk of an approved agent placing losing trades on your behalf.
Emergency removal versus soft strikes
Emergencies — account value below roughly $1,000, or no fill for 96 hours with zero trades in 7 days — remove a leader from the basket immediately. Softer signals route through the daily strike counter instead. Both mechanisms are heuristics and can be wrong in either direction.
Operational and data risk
The system depends on Hyperliquid APIs, cached snapshots and network availability. Outages, stale data or degraded execution can delay mirroring, replacement or risk-control enforcement.
No guarantees
There is no guaranteed return, no capital protection, no loss recovery and no insurance. Diversification and risk controls aim to improve risk-adjusted outcomes; they cannot ensure a profit or prevent a loss.
What the system controls
- Sub-account isolation, so one leader's positions cannot net out another's.
- A trade-only agent: no withdrawal or transfer rights, revocable on-chain.
- Position and leverage caps applied independently of what the leader runs.
- Deterministic replacement rules — emergency removals on detection, soft issues via one strike per UTC day with three strike-days to exit.
- A fee that is a fixed 0.1% of mirrored volume, with no cut of your equity.
What it cannot control
- Market risk. A diversified basket can lose money in every sleeve at once.
- A leader changing style, sizing or market selection between evaluation windows.
- Evaluation lag. Soft replacement is intentionally not instant, so losses can accrue inside the strike window.
- Liquidations, funding costs, slippage and exchange or API availability.
- Whether a position closed on replacement would have recovered afterwards.
Your controls
- Pause Autopilot at any time from your dashboard.
- Revoke the agent approval on-chain to end all delegated trading.
- Withdraw from your Hyperliquid account — that permission is never delegated.
- Start small: size an allocation you would accept losing before scaling it.
HyperMirror Elite is a non-custodial execution tool. It does not provide investment advice, does not manage client funds and is not a broker or asset manager. See the FAQ and how it works.
Informed risk beats
blind copying.
If the risks above are acceptable to you, connect a wallet and start with a size you are comfortable with.
Non-custodial · Agent cannot withdraw · Cancel delegation anytime