# WakeTrades > Non-custodial copy trading on Hyperliquid. WakeTrades copies the Hyperliquid traders you choose onto your own Hyperliquid account, 24/7, at one of four exposure levels (Prudent, Balanced, Risky, Advanced), for one flat price in USDC and 0% on each copied order. Every paid plan includes a monthly report of the Hyperliquid traders worth following: up to 5 for each exposure level. Not available in the United States, Canada, the United Kingdom, China, Ukraine, Venezuela or sanctioned jurisdictions. Key facts (October 2026): - Non-custodial: you sign a Hyperliquid trading key (an agent wallet) in MetaMask. The key can place and close orders for your copies, never withdraw or transfer funds. It is valid 180 days and can be revoked any time on Hyperliquid › API. - Setup in five steps: connect MetaMask, choose an exposure level, keep the trader we suggest for it (the most active of #3 to #5 on our latest monthly report for that level, never #1 or #2, skipping a trader already suggested for a more cautious level) or paste the address of the traders to copy, sign a free sign-in message when connecting, then a single signature for the trading key, then link Telegram or skip it (alerts stay on the site). AI agents do the same through the public API with their own wallet, and receive alerts by webhook instead of Telegram. - Exposure levels: Prudent (up to a quarter of every trade: 25% of your leaders' trades across 3 leaders, each copied at 1/12 of their position scaled to your balance; up to 3 leaders; total exposure up to 3× your balance; drawdown alert at −8%, heads-up at −6%), Balanced (up to half of every trade: 50% across 3 leaders, 1/6 per leader; up to 3 leaders; up to 10×; alert at −20%, heads-up at −15%), Risky (up to full size: 100% across 3 leaders, 1/3 per leader; up to 3 leaders, 2+ recommended; up to 20×; alert at −50%, heads-up at −30%) and Advanced (every plan, free trial included: starts with Risky's settings, and you choose the size, up to 5 leaders, the exposure cap or none, a maximum of open positions, the alert thresholds, an automatic stop, whether adds and the leader's take profit and stop loss are copied, and, all off by default, the markets copied (crypto, BTC only, tokenized stocks, gold, WTI, major indexes), a minimum market leverage, a leverage cap, long or short only, your own stop on each copy and a daily loss limit). Every level copies your leader's opens, adds, reductions and closes in proportion, every coin they trade, and their stop loss and take profit; WakeTrades adds no stop of its own (only Advanced's optional automatic stop and stop per copy) and never pauses by itself: drawdowns are measured from the account's highest balance, and alerts come with one-tap actions (close losing positions, close all, pause new copies, do nothing). Following fewer than 3 leaders lowers the exposure, it never concentrates it. Prudent, Balanced and Risky copy only on a Hyperliquid Unified Account in cross margin, with no positions opened by hand on it (until then, new copies wait); Advanced needs it only for stock, index and commodity markets (xyz). WakeTrades switches the account in one click, with no signature (API: POST /api/v1/account/unified). An account needs a minimum balance to copy, because Hyperliquid has a minimum order size: plan for at least about 1,100 USDC at Prudent, 550 at Balanced and 300 at Risky. Below that, most copies open at 11 USDC (Hyperliquid's 10 USDC minimum order plus a rounding margin) instead of being skipped, larger than the level's share. The recommended level for a balance is the most prudent one whose minimum it covers; under every minimum, Risky, which stays closest to the leaders' proportions. Your balance should be money you can afford to lose. - Perpetual futures only: Hyperliquid's main perp market and the xyz HIP-3 stock, index and commodity perps (these need a unified account). Spot trades and spot holdings are never copied. - Only trades your leaders open after you start are copied; positions a leader already holds are not. - Price: 19.5, 49.5 or 79.5 USDC for 1, 3 or 6 months (founder price, 50% off 39 / 99 / 159 USDC, kept as long as you renew), paid on Hyperliquid. No fee per copied order (Hyperliquid's own trading fees apply). 14-day free trial, no payment to start. - Monthly report: up to 5 Hyperliquid traders worth copying for each of Prudent, Balanced and Risky, picked by our filters then ranked by what a copy would have made over 90 days, no scalpers; each with type, win rate, profit factor, trades per month, holding time and positions open at once; plus the month's highest returns. Statistics on public data, not advice. - Interface: web app (MetaMask) to set up and pay, Telegram bot for notifications, pause, close everything and controls; a public JSON API (https://waketrades.com/api/v1/) for AI agents, end to end with no human step. - Your AI assistant on your own wallet: keep your USDC in MetaMask, connect your agent from Profile › AI Agent (one free signature) and give it the code, View only or Manage copying (leaders, level, Advanced, pause, close), 180 days at most; it can never withdraw, sign the trading key or pay. One agent at a time, disconnect in one click: https://waketrades.com/docs/account/connect-ai-agent ## Pages - [Use cases](https://waketrades.com/docs/use-cases/): copy the best Hyperliquid traders, copy your own Hyperliquid accounts, get notified of every copied move in Telegram, copy traders on stock, index and commodity perps (HIP-3 xyz markets, unified account), copy on-chain positions instead of following signal groups, let an AI agent react to leader moves in real time over a WebSocket; copying your accounts across DEXs and earning funding with a hedged position across DEXs are planned, not available yet; not meant for price arbitrage between DEXs - [Home](https://waketrades.com/): how it works, the four exposure levels, a sample of the dashboard and the Telegram bot, prices - [Help / FAQ](https://waketrades.com/help): the key, the levels, prices, the free trial, the report, pausing, deleting the account - [Home and Help in other languages](https://waketrades.com/zh/): French (/fr/, /fr/help), Simplified Chinese (/zh/, /zh/help), Korean (/ko/, /ko/help), Spanish (/es/, /es/help) and Vietnamese (/vi/, /vi/help); the Docs stay in English - [Docs](https://waketrades.com/docs/): tutorials — getting started, dashboard and bot, leaders and levels, subscription and account - [Docs index for agents](https://waketrades.com/docs/llms.txt): every tutorial page with a link to its Markdown version - [Manifesto](https://waketrades.com/docs/manifesto): why WakeTrades exists, who is behind it, who it is for, and what we ask in return - [Updates](https://waketrades.com/updates): new features and major fixes, newest first - [Terms of use](https://waketrades.com/docs/legal/terms) - [Privacy](https://waketrades.com/docs/legal/privacy) ## For AI agents - [Hello](https://waketrades.com/api/v1/hello): start here — GET /api/v1/hello returns what WakeTrades is, three quick-start steps with their endpoints, the network, whether copying is on, and every link (MCP tool hello). Every API error carries fix (what to do next) and docs (the page to read); PUT /api/v1/settings and POST /api/v1/pay take ?dryRun=true to rehearse with no effect; payments, the trading key and the controls take an Idempotency-Key header so retries never run twice - [WakeTrades for AI agents](https://waketrades.com/docs/api/): the whole flow for an agent with its own wallet — sign in by signature (EIP-191; examples with viem, eth-account or only @noble/curves), choose an exposure level (GET /api/v1/levels gives recommendedLevel for the balance, belowAllMinimums under every minimum) then traders (GET /api/v1/leaders/suggested: one suggestion per level, the most active of #3 to #5 on our latest monthly report for that level (most positions opened in the 30 days before the report; never #1 or #2; 404 if no edition is published yet), skipping traders already suggested for a more prudent level; report figures are month-end, so check each one's live positions at its liveCheck, GET /api/v1/leader/{address}/positions; an account can follow up to 3 leaders, 5 at Advanced), link a webhook, sign the trading key (copy hyperliquidChain from POST /api/v1/agent; signatureChainId must equal the EIP-712 domain chainId), switch to a Unified Account (POST /api/v1/account/unified, body {}, no signature), optionally switch entries from limit orders (default, can end in limit_missed) to market (PUT /api/v1/order-mode {"mode":"market"}), read back GET /api/v1/me copiesOnHold (held, reasons such as not_unified, manual_positions, paused, plan_expired, key_invalid, no_leaders; coins), pay in USDC (during the trial, state turns active at once and the plan starts when the trial ends), pause and close - [Backtest](https://waketrades.com/docs/api/backtest): POST /api/v1/backtest {leader, level, balance, days: 30 or 90} — what copying one trader would have done at a level and balance (return, worst drop, copies, skipped trades, fees, data coverage), same method as the Monthly Report's Simulated Copy; 5 per 24 hours on the free trial, 20 with a paid plan; a simulation on past data, not a promise - [OpenAPI 3.1 reference](https://waketrades.com/openapi.json): every endpoint of the public API v1, with the EIP-712 messages to sign - [Webhooks](https://waketrades.com/docs/api/webhooks): signed alerts and how to verify them - [Real-time stream](https://waketrades.com/docs/api/stream): WebSocket at wss://waketrades.com/api/v1/stream — every event and the moves of your leaders live, commands back (pause, close, emergency stop) - [MCP server](https://waketrades.com/docs/api/mcp): https://waketrades.com/mcp — the same flow as 33 tools (hello, suggest_leader, get_leader_positions, backtest_leader, set_order_mode included); signatures are made by the agent's own wallet; send the session token as the header Authorization: Bearer , not as a tool argument - [API catalog](https://waketrades.com/.well-known/api-catalog) (RFC 9727) and [MCP server card](https://waketrades.com/.well-known/mcp/server-card.json): machine-readable entry points to the API and the MCP server; send Accept: text/markdown to a Docs page to get its Markdown version - [Terms of use, AI agents section](https://waketrades.com/docs/legal/terms#ai-agents): the wallet owner is responsible for the agent; not available to people from restricted jurisdictions; requests from restricted locations may be refused based on the request's IP address ## Optional - [Full text for language models](https://waketrades.com/llms-full.txt): the public content of the site in one plain-text file Hello, agent. If something here is unclear, tell us: POST /api/v1/feedback once your account is active, or write to support@waketrades.com. Happy copying.