Hyperdash and hypercopy are closer to each other than either is to a centralised exchange: both are non-custodial, both use a hyperliquid agent key, both charge a 0.05% builder fee. The differences are interface, what you can do beyond mirroring, and how the roster is built. Details on hyperdash come from its public docs at the time of writing.
side by side
| hyperdash | hypercopy | |
|---|---|---|
| what it is | analytics terminal + copy trading | telegram copy-trading bot |
| interface | web app | chat with buttons |
| custody | your wallet, agent key (180 days) | your wallet or an embedded one, agent key (179 days) |
| fee | 0.05% builder fee, per its docs | 0.05% builder fee |
| minimum | $100 USDC in the connected wallet, per its docs | hyperliquid's $10 order minimum |
| modes | copy trade and counter-trade, up to 10 target traders | copy trade, up to 10 live copies |
| sizing | allocation per strategy with a leverage cap, new-positions-only, max worse entry, asset lists, per its docs | pro rata of your capital (default), fixed $ or % per trade, optional leverage cap and max slippage, isolated, like-the-trader or cross margin per copy, stop-loss / take-profit on margin |
| roster | its own top-traders analytics | hyperliquid leaderboard filtered for copyable humans |
| notifications | in the terminal | every fill as a telegram message |
interface and habit
Hyperdash is a terminal: charts, trader analytics, positions, and copy trading as one panel among others. It suits someone who sits at a screen and studies traders before following them.
Hypercopy is a bot: the leaderboard, a profile with the numbers that matter for copying, a few buttons, and then a message for every fill. It suits someone who wants to set a copy up in five minutes and then hear about it on their phone.
counter-trading
Hyperdash can take the opposite side of a trader's positions. Hypercopy does not. Fading a consistently losing account is a real strategy, and it needs the analytics to find such accounts; hyperdash has them.
risk controls
Hyperdash's controls, per its docs, are around entry: a leverage cap, an option to copy new positions only, a limit on how much worse than the trader your entry can be, and coin whitelists or blacklists. Hypercopy's controls are around size and exit: an amount invested that the copy's margin never exceeds (or a fixed $ or % per trade), the trader's real leverage with an optional cap, isolated margin by default, an optional max slippage on entries, and a stop-loss and take-profit on each position's margin, checked every 500 ms. Both only copy new moves by default (hypercopy always does).
the roster
Hyperdash ranks traders with its own analytics. Hypercopy takes hyperliquid's leaderboard and removes what a copy cannot follow: accounts under $10k, market makers, vaults, fast limit-order traders, scalpers with a median hold under five minutes. What remains is smaller, but everyone on it can in principle be copied. See how to pick a trader.
which one
Hyperdash if you want a full terminal, counter-trading, and fine entry controls per coin.
Hypercopy if you want copy trading only, from telegram, with a stop-loss on your side and a leaderboard already filtered for copyability. And if you have less than $100 to start: hypercopy's only minimum is hyperliquid's $10 order.
Running both on one account is possible with two named agents. Just do not copy the same trader with both.
faq
do they both take the same fee?
Both state a 0.05% builder fee per order at the time of writing. Any other cost would be on their respective fee pages.
which is faster?
Neither publishes a measured copy latency, and we will not claim one. See copy latency and slippage for what actually decides fill quality.
can i see the same trader in both?
Usually. Hyperliquid's data is public; each tool computes its own metrics on it.
copy hyperliquid's best, from telegram.
pick a trader, set your size. hypercopy trades with a key that can never withdraw, and you can stop at any time.
start copying