Okx runs one of the more polished copy-trading programmes among centralised exchanges, with detailed lead-trader profiles and a tiered profit share. Hypercopy copies traders on hyperliquid, on-chain, from a telegram bot. Here is what changes. Okx figures are from its public pages at the time of writing; see okx's help for current terms.
side by side
| okx copy trading | hypercopy | |
|---|---|---|
| venue | okx, centralised | hyperliquid, on-chain |
| custody | okx | your own hyperliquid account |
| identity | kyc | none |
| leaders | lead traders approved by okx | any hyperliquid trader passing copyability filters |
| leader pay | profit share tied to the leader's level, up to around 30%, per public pages | none |
| your cost | profit share + okx fees | 0.05% builder fee per order + hyperliquid fees |
| record | okx's profile figures | on-chain fills, verifiable |
| sizing | fixed amount or proportional, with margin and stop settings | pro rata of your capital (default), fixed $ or % per trade, stop-loss / take-profit on margin |
| interface | okx app and web | telegram |
| markets | okx perps (and spot copy) | hyperliquid core perps and spot |
profit share vs builder fee
Okx pays its lead traders a share of followers' profits, scaled with the leader's level. You keep the rest. On a losing month you pay only trading fees. Hypercopy pays nobody a share: you pay 0.05% per order, entries and exits, plus hyperliquid's 0.045% taker fee at the base tier, whether the trade wins or loses. See fees and pricing.
On a strong month, the flat fee is cheaper. On a flat month, both cost roughly the trading fees. On a losing month, the flat fee costs slightly more than a profit share that costs nothing. Pick the model you would rather be on across a year, not a month.
profiles and verification
Okx's lead-trader profiles are detailed: win rate, PnL, drawdown, followers, assets, time active. They are okx's numbers. Hypercopy's profiles show fewer numbers (30d PnL and ROI, median hold, trades per day, average size, max drawdown, account value, open positions) computed from public fills that anyone can check. Fewer numbers, none of them trusted.
custody and jurisdiction
On okx, funds are in okx's custody, copy trading needs identity verification and okx decides which countries can use derivatives. On hyperliquid, your USDC is under your wallet, hypercopy trades through an agent key that cannot withdraw, and there is no sign-up on either side. See is copy trading on hyperliquid safe.
where okx wins
Fiat rails, an app that does everything, support tickets, spot copy trading, and a large approved roster with long histories in one place.
where hypercopy wins
Keys, no kyc, verifiable records, no profit share, a roster that is every serious hyperliquid trader rather than those who applied, and copied fills that arrive as messages.
faq
can i copy okx traders with hypercopy?
No. Hypercopy copies hyperliquid perps and spot only.
does okx offer non-custodial copy trading?
Okx's exchange copy trading is custodial by nature. Its wallet product is separate and does not include copy trading on hyperliquid at the time of writing.
is telegram a limitation?
For copy trading, no. Setting up a copy is a few buttons; monitoring is reading messages. The trading itself happens on hypercopy's servers and hyperliquid.
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