Copy trading is currently in alpha. Allocations range from $50 to $10000 per trader.
How It Works
- Find a trader — Browse profiles on Legend. Any trader with open positions can be copied.
- Start copying — Click “Copy Trade” on their profile and choose how much to allocate, using the slider or by typing an amount. The funds move from your main trading balance into your copy wallet. If the trader charges a profit share, you’ll see the rate before you confirm.
- Automatic mirroring — A dedicated sub-wallet holds your allocation for each trader you copy. When the target trader executes a trade, a proportional order is placed in your copy wallet immediately.
- Manage anytime — Add funds, withdraw part of your balance, or stop completely. When you stop copying, all mirrored positions are closed automatically and your remaining funds are returned to your main wallet.
Copy Wallet
Each copy profile uses a separate sub-wallet on Hyperliquid. Your main trading wallet is never touched by copy trading.- Funds are isolated per trader — copying Trader A and Trader B uses two separate wallets
- Your copy wallet balance = your allocation + any trading gains or losses
- Positions in your copy wallet are fully independent from your main trading positions
If a brand-new Hyperliquid sub-wallet has to be created for your copy, a one-time Hyperliquid network fee of around $1 may be deducted when the wallet is first activated. This is a Hyperliquid fee, not a Legend charge — and if you’ve copy traded before, Legend reuses a previous copy wallet and no fee applies.
Proportional Sizing
Orders are scaled based on the ratio of your copy wallet’s balance to the target trader’s account value. Example: If the trader has $100,000 in equity and you allocate $500, you’re mirroring at a 0.5% ratio. When they open a $10,000 BTC long, your copy wallet opens a $50 BTC long. Your copy wallet mirrors the trader’s leverage and margin mode (isolated or cross) exactly — there’s no separate leverage cap to choose. Because every position is scaled down to your allocation, your dollar risk stays proportional even when the trader runs high leverage.Profit Share
Some traders charge a profit share — a cut of the gains they generate for you. The rate is set by the trader and shown on the copy screen before you confirm.- It applies only to winning trades. If a copied position closes at a loss, no profit share is taken.
- It’s charged automatically when a winning copied position closes — the trader’s cut is set aside in your copy wallet and paid out from there.
- The rate is locked in when you start copying. If the trader changes their rate later, your existing copy keeps the rate you agreed to.
- The maximum any trader can charge is 20%.
- Many traders charge nothing — the copy screen always shows the exact rate, or none.
Pre-Existing Positions
By default, when you start copying a trader, their currently-open positions are skipped — you’ll only mirror trades they open after you start. This keeps you from entering a trade mid-way, for example ending up on the wrong side if the trader sells an existing long. This is controlled by the Only copy newly opened positions toggle, which is on by default. If you’d rather also mirror the trader’s current open positions, turn it off when you set up the copy. With the toggle on, the trader’s original stake in an asset is never mirrored — if they later add to a pre-existing position, only the added portion is copied.Adding Funds & Withdrawing
You stay in control of your money the whole time:- Add funds — Top up an active copy anytime, as long as your total allocation stays within the $50–$10000 range.
- Withdraw part of your balance — Withdraw anytime, including gains if you’re in profit. Your positions scale down proportionally to match the new balance. A partial withdrawal must leave at least $50 in the copy.
- Withdraw everything / stop — Withdrawing your full balance stops the copy: all mirrored positions are closed with market orders and your remaining funds are transferred back to your main wallet automatically.
What Gets Copied
What Doesn’t Get Copied
- Very small trades — If the proportional order would be less than $10 (Hyperliquid’s minimum), it’s skipped.
- Low-liquidity assets — Assets with less than $5M in open interest are not mirrored to protect against slippage.
