How to track a Hyperliquid wallet
Find a Hyperliquid wallet by address and read its positions, PnL, trade history and data coverage without sharing private keys.
WalletFollow resources
Hyperliquid knowledge base
Practical guides to wallet tracking, copy trading risk, performance metrics and AI data workflows.
Wallet tracking
How to find and evaluate Hyperliquid whale wallets
Find large Hyperliquid wallets and distinguish account size, concentrated exposure and useful trading evidence from whale labels.
How to read wallet positions and trade history
Understand open positions, fills, partial closes and completed trades when researching a Hyperliquid wallet.
Why wallet PnL differs between trackers
Reconcile wallet PnL by checking dates, cash flows, open positions, fees, funding, account scope and historical coverage.
Wallet data freshness and historical coverage
Learn how timestamps, delayed snapshots, missing fills and coverage warnings affect wallet and copy-portfolio analysis.
Wallet labels, identity claims and public-address privacy
Understand what a public wallet address reveals, how to evaluate identity labels and where wallet research should stop.
Hyperliquid
Spot, perpetual and staked balances on Hyperliquid
Understand why total wallet value, perpetual equity, spot holdings, staked assets and withdrawable amounts differ.
Hyperliquid funding rates and wallet returns
Understand who pays funding, why rates change and how funding costs affect perpetual positions and copy-trading comparisons.
Open interest versus trader positioning
Distinguish market-wide open interest, sampled wallet exposure, volume and funding when researching Hyperliquid markets.
Mark price versus last trade price on Hyperliquid
Understand valuation prices, executable quotes and why a wallet’s unrealised PnL can differ from a recent trade-based estimate.
Copy trading
Hyperliquid copy trading explained
Understand the difference between tracking a wallet, subscribing to a copy portfolio and executing trades through a copy engine.
How to evaluate a trader before copying
Use coverage, drawdown, trade samples, concentration and execution style to assess a copy-trading candidate beyond headline PnL.
Copy-trading allocation and position sizing
Understand committed capital, portfolio weights, notional exposure and why small allocations can differ from a leader’s trades.
Slippage and latency in copy trading
Learn why follower entry prices differ, how order-book depth affects execution and what slippage controls can and cannot do.
Leverage and liquidation risk in copy trading
Understand effective exposure, cross and isolated margin, dynamic liquidation estimates and the limits of copy-trading safeguards.
Why follower returns differ from the leader
Understand how join time, allocation, fees, funding, risk limits and execution cause copy-trading performance to diverge.
Pause, stop and close: copy-trading controls explained
Learn the difference between blocking new copy risk, leaving positions unmanaged and requesting a reduce-only close.
How to assess diversification in a copy portfolio
Compare leaders by shared markets, direction, correlation and exposure rather than assuming more wallets mean less risk.
Agent approvals and wallet permissions on Hyperliquid
Distinguish public wallet research, ownership sign-in, engine agent approval and builder-fee approval before signing.
Copy-trading fees: exchange, builder, funding and creator costs
Read copy-trading costs by basis and status, with a worked notional-fee example and guidance on avoiding double-counting.
Copy-portfolio backtests, tracked results and live returns
Distinguish hypothetical reconstructions, observed portfolio statistics and actual follower fills when reviewing copy portfolios.
AI & MCP
What is MCP for crypto wallet analysis?
Understand how Model Context Protocol connects AI assistants to wallet data, and distinguish the protocol from trading authority.
Connect an AI assistant to Hyperliquid wallet data
Build a read-only AI research workflow with WalletFollow’s Data API, catalog, wallet endpoint and usage information.
Read-only AI prompts for wallet research
Use precise prompts for wallet exposure, PnL reconciliation and copy-trader review while keeping evidence and assumptions separate.
Data API keys, quotas and read-only access
Understand WalletFollow Data API authentication, weighted request budgets, errors and how to keep credentials out of AI reports.
AI wallet analysis versus trade execution
Distinguish an AI research summary from an authorized order workflow and understand why tool access does not establish trading authority.
Trading metrics
Realised versus unrealised PnL
Understand closed trading results, open-position gains and why account performance differs from a simple realized-PnL total.
ROI versus dollar PnL: comparing wallets fairly
Understand return denominators, cash flows and why high dollar profit and high percentage return describe different outcomes.
Drawdown and recovery in wallet performance
Calculate peak-to-trough loss, understand recovery math and distinguish a configured drawdown pause from a guaranteed loss limit.
Win rate versus profit factor
Read winning-trade frequency alongside gain and loss sizes, trade grouping, sample size and the effect of open positions.
A crypto trading journal for wallet research
Create a practical journal that records trade evidence, risk context, thesis, outcomes and missing inputs without rewriting history.
Long, short, gross and net wallet exposure
Calculate directional and total exposure, understand offsetting positions and assess concentration across wallets and copy portfolios.