# Use Cases

> Ten ways to use WakeTrades for copy trading on Hyperliquid — top traders, your own accounts, Telegram alerts, stock perps, signal groups, AI agents and their real-time rules, and soon other DEXs and funding across DEXs.

| Use case | What it does |
| --- | --- |
| [Copy the Best Traders on Hyperliquid](https://waketrades.com/docs/use-cases/copy-best-hyperliquid-traders.md) | Copies proven traders, picked in the Monthly Report or by address, onto your own account. |
| [Copy Your Own Hyperliquid Accounts](https://waketrades.com/docs/use-cases/copy-your-own-hyperliquid-accounts.md) | Mirrors one of your Hyperliquid accounts onto another, at its own size, with stops and take profits copied. |
| [Get Notifications From Top Traders' Moves](https://waketrades.com/docs/use-cases/telegram-notifications.md) | Sends a Telegram message each time a trader you copy opens, cuts or closes a position. |
| [Copy Traders on Tokenized Stocks](https://waketrades.com/docs/use-cases/tokenized-stocks.md) | Copies trades on Hyperliquid's stock, index and commodity perps (HIP-3 xyz markets). |
| [Replace Signal Groups With On-Chain Trades](https://waketrades.com/docs/use-cases/replace-signal-groups.md) | Copies a trader's real positions instead of calls posted in a chat. |
| [Let Your AI Agent Copy Trade on Hyperliquid](https://waketrades.com/docs/use-cases/ai-agent-copy-trading.md) | **Agent First.** An agent with its own wallet signs up, copies, pays and stops through the API or MCP, with no human step. |
| [Let Your AI Assistant Run Your Copy Trading](https://waketrades.com/docs/use-cases/ai-assistant-your-wallet.md) | **Agent First.** You keep your USDC in MetaMask; your AI assistant follows and manages your copies with a code you give it from your Profile. It can never withdraw or pay. |
| [Let Your Agent React to Leaders in Real Time](https://waketrades.com/docs/use-cases/agent-real-time-leader-moves.md) | **Agent First.** Your agent gets each leader move and each copy as it happens on a WebSocket, and can act on them: hedge elsewhere, pause, close, log. |
| [Copy Your Accounts Across DEXs](https://waketrades.com/docs/use-cases/copy-accounts-across-dexs.md) | **Soon.** Keeps your accounts on several DEXs in sync. |
| [Earn Funding With a Hedged Position Across DEXs](https://waketrades.com/docs/use-cases/earn-funding-across-dexs.md) | **Soon.** Holds a long on one DEX and the same short on another, so price moves cancel out and you keep the funding difference. |

Every use case runs on the same setup: connect MetaMask, choose an exposure level and a leader, sign one trading key. Linking Telegram is optional, for alerts on your phone. See the [Quick Start](https://waketrades.com/docs/getting-started/quick-start.md). An AI agent does the same through the [API](https://waketrades.com/docs/api/index.md).

## What WakeTrades Is Not For

- **Price arbitrage between DEXs.** Copies follow a few seconds after the leader; price gaps between exchanges close in milliseconds.
- **Copying arbitrage traders.** Their other leg sits on another exchange: copying only their Hyperliquid side leaves you with an unhedged position.

> [!NOTE]
> WakeTrades copies trades and gives no advice. Statistics come from public Hyperliquid data. Copying can lose money.