Copy trading is currently in alpha. Deposits are capped at 500 per trader while we refine the system.
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 deposit. If the trader charges a profit share, you’ll see the rate before you confirm.
- Automatic mirroring — A dedicated sub-wallet is created for each trader you copy. When the target trader executes a trade, a proportional order is placed in your copy wallet immediately.
- Stop anytime — 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 creates 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 deposit + any trading gains or losses
- Positions in your copy wallet are fully independent from your main trading positions
Because each copy profile creates a brand-new Hyperliquid sub-wallet, a one-time network fee of around $1 may be deducted when the wallet is first activated. This is a Hyperliquid fee, not a Legend charge.
Proportional Sizing
Orders are scaled based on the ratio of your deposit to the target trader’s account value. Example: If the trader has 500, you’re mirroring at a 0.5% ratio. When they open 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 deposit, 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.
- 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.What Gets Copied
| Action | Copied? |
|---|---|
| New position opens | Yes — proportionally sized |
| Position size increase | Yes |
| Position close | Yes |
| Partial close / reduce | Yes |
| Leverage & margin mode | Mirrored exactly — your wallet matches the trader’s settings |
| TP/SL orders | Not directly — but closes are mirrored when they trigger |
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.