Hyperliquid copy trading platforms compared

Several products let you copy Hyperliquid traders. They differ in where funds sit, what copying costs and which controls you get. Each product below is described only with facts from its own pages.

Facts checked on 2026-10-01. Products and fees change; verify on each site before deciding.

This comparison is for information only and is not investment advice. Trading perpetual futures carries a risk of loss, and copied results can differ from the source trader.

Perpex

Funds and custody
Non-custodial interface developed by Celebit Ltd. Collateral stays in your own Hyperliquid account. Source
Copy trading cost
Copied orders use the same 0.10% builder fee on eligible fills. No performance fee. Source
Copy trading
Available, after checks on the owner wallet, agent authorization, builder approval, collateral and market and account mode. Source
Copy risk controls
Choose allocation and risk limits before starting; stop an active relationship in the app. Source
Apps
Web app, plus apps on the App Store (iOS) and Google Play (Android). Source
Trader analytics
Public trader profiles built from a Perpex data set of processed Hyperliquid fills starting in March 2025. Source

Dexly

Funds and custody
Non-custodial interface. Orders are signed by an agent key that can trade but cannot withdraw and can be revoked. Source
Copy trading cost
The copy trading page states no platform fees, with only standard Hyperliquid maker and taker fees. Source
Copy trading
Pick a leader, set allocation and risk limits, and trades are mirrored to your account automatically. Source
Copy risk controls
Maximum drawdown threshold that pauses copying, plus leverage, maximum position size and per-trade limits. Source
Apps
Web app, plus iOS and Android apps. Source

Hyperdash

Funds and custody
Google, Apple or email sign-in creates a non-custodial wallet secured by Turnkey; existing Hyperliquid accounts can connect through an API key. Source
Copy trading cost
0.05% builder fee plus standard exchange fees; copy trading volume is not eligible for fee rebates. Source
Copy trading
Copytrade (mirror) or Countertrade (opposite side) up to 10 traders from a wallet dedicated to the strategy. Source
Copy risk controls
Leverage cap from 1x to 40x, optional new-positions-only mode, a limit on how much worse your entry price may be than the trader’s, and asset whitelists or blacklists. Source

Arco

Funds and custody
You deposit USDC into a dedicated wallet that Arco creates for you and bridges to Hyperliquid. Source
Copy trading cost
Arco states that it takes 30% of new profit and nothing on losses. Source
Copy risk controls
Position size, stop-loss, take-profit and daily loss limits per trader. Source

Copin

Copy trading
API documentation lists endpoints for Hyperliquid copy-trade wallets. Source
Trader analytics
Analyzer for exploring and evaluating on-chain traders across several perpetual DEXs. Source

BitMEX

Service status
BitMEX states that it has wound down its exchange and that trading ceased on 23 September 2026. Source

Perpex in short

  • One fee: a 0.10% builder fee on eligible order fills, including copied orders, with no performance fee.
  • Copying runs in your own Hyperliquid account through an agent key, after eligibility checks.
  • Web, iOS and Android apps, plus public trader profiles with a published methodology.

How to choose

Compare how fees are charged (per order, on profit, or both), where your funds sit while copying, and which risk controls you can set. Fee models differ: some products charge a builder fee per order, while Arco states that it takes a share of new profit.

How we compared

Each competitor fact comes from that company's own website or documentation and links to the exact page. Facts we could not confirm there are left out rather than guessed.

Dexly, Hyperdash, Copin, Arco and BitMEX are products of their respective owners. Perpex is developed by Celebit Ltd and is not affiliated with them.

Frequently asked questions

Which Hyperliquid copy trading platforms are non-custodial?

Perpex, Dexly and Hyperdash describe themselves as non-custodial on their own pages. Arco states that you deposit USDC into a dedicated wallet it creates for you. Check each product's current terms before depositing.

Is BitMEX Hyperliquid copy trading still available?

BitMEX's website states that the exchange has wound down and that trading ceased on 23 September 2026.