# WalletFollow

> Hyperliquid wallet research, copy portfolios and read-only wallet data.

This file links to public, human-readable documentation. Use the linked pages for current availability, methods and limitations. The Data API is live; the MCP connector and CLI are planned. Past wallet results do not predict future returns.

## Product

- [Wallet tracker](https://walletfollow.ai/discover)
- [Copy portfolios](https://walletfollow.ai/copy-trading)
- [Wallet Data API](https://walletfollow.ai/api)
- [AI and MCP availability](https://walletfollow.ai/mcp)
- [Published plans](https://walletfollow.ai/pricing)
- [AI source hub](https://walletfollow.ai/ai)
- [Data methodology](https://walletfollow.ai/methodology)
- [Editorial policy](https://walletfollow.ai/editorial-policy)
- [News and analysis](https://walletfollow.ai/news)

## Knowledge base

- [How to track a Hyperliquid wallet](https://walletfollow.ai/learn/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.
- [How to find and evaluate Hyperliquid whale wallets](https://walletfollow.ai/learn/how-to-find-hyperliquid-whales): 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](https://walletfollow.ai/learn/reading-wallet-positions-and-trades): Understand open positions, fills, partial closes and completed trades when researching a Hyperliquid wallet.
- [Why wallet PnL differs between trackers](https://walletfollow.ai/learn/why-wallet-pnl-differs): Reconcile wallet PnL by checking dates, cash flows, open positions, fees, funding, account scope and historical coverage.
- [Wallet data freshness and historical coverage](https://walletfollow.ai/learn/wallet-data-freshness-and-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](https://walletfollow.ai/learn/wallet-labels-and-public-address-privacy): Understand what a public wallet address reveals, how to evaluate identity labels and where wallet research should stop.
- [Spot, perpetual and staked balances on Hyperliquid](https://walletfollow.ai/learn/spot-perp-and-staked-balances): Understand why total wallet value, perpetual equity, spot holdings, staked assets and withdrawable amounts differ.
- [Hyperliquid copy trading explained](https://walletfollow.ai/learn/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](https://walletfollow.ai/learn/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](https://walletfollow.ai/learn/copy-trading-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](https://walletfollow.ai/learn/copy-trading-slippage-and-latency): 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](https://walletfollow.ai/learn/copy-trading-leverage-and-liquidation): Understand effective exposure, cross and isolated margin, dynamic liquidation estimates and the limits of copy-trading safeguards.
- [Why follower returns differ from the leader](https://walletfollow.ai/learn/why-follower-returns-differ): 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](https://walletfollow.ai/learn/pause-stop-and-close-copy-trading): 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](https://walletfollow.ai/learn/diversifying-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](https://walletfollow.ai/learn/agent-approvals-and-wallet-permissions): 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](https://walletfollow.ai/learn/copy-trading-fees): 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](https://walletfollow.ai/learn/copy-portfolio-backtests-and-tracked-results): Distinguish hypothetical reconstructions, observed portfolio statistics and actual follower fills when reviewing copy portfolios.
- [What is MCP for crypto wallet analysis?](https://walletfollow.ai/learn/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](https://walletfollow.ai/learn/connect-an-ai-assistant-to-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](https://walletfollow.ai/learn/safe-ai-wallet-research-prompts): 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](https://walletfollow.ai/learn/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](https://walletfollow.ai/learn/ai-analysis-vs-trade-execution): Distinguish an AI research summary from an authorized order workflow and understand why tool access does not establish trading authority.
- [Realised versus unrealised PnL](https://walletfollow.ai/learn/realized-vs-unrealized-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](https://walletfollow.ai/learn/roi-vs-dollar-pnl): Understand return denominators, cash flows and why high dollar profit and high percentage return describe different outcomes.
- [Drawdown and recovery in wallet performance](https://walletfollow.ai/learn/drawdown-and-recovery): Calculate peak-to-trough loss, understand recovery math and distinguish a configured drawdown pause from a guaranteed loss limit.
- [Win rate versus profit factor](https://walletfollow.ai/learn/win-rate-vs-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](https://walletfollow.ai/learn/crypto-trading-journal): Create a practical journal that records trade evidence, risk context, thesis, outcomes and missing inputs without rewriting history.
- [Hyperliquid funding rates and wallet returns](https://walletfollow.ai/learn/hyperliquid-funding-rates): Understand who pays funding, why rates change and how funding costs affect perpetual positions and copy-trading comparisons.
- [Open interest versus trader positioning](https://walletfollow.ai/learn/open-interest-and-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](https://walletfollow.ai/learn/mark-price-vs-last-trade-price): Understand valuation prices, executable quotes and why a wallet’s unrealised PnL can differ from a recent trade-based estimate.
- [Long, short, gross and net wallet exposure](https://walletfollow.ai/learn/long-and-short-exposure): Calculate directional and total exposure, understand offsetting positions and assess concentration across wallets and copy portfolios.

## Research blog

- [A repeatable workflow for Hyperliquid wallet research](https://walletfollow.ai/blog/a-repeatable-wallet-research-workflow)
- [Why a leaderboard is not a copy trading strategy](https://walletfollow.ai/blog/why-a-leaderboard-is-not-a-copy-strategy)
- [Designing an auditable AI wallet report](https://walletfollow.ai/blog/designing-an-auditable-ai-wallet-report)
- [A practical copy portfolio review checklist](https://walletfollow.ai/blog/a-copy-portfolio-review-checklist)

## Portable documentation

- [Full public knowledge bundle](https://walletfollow.ai/llms-full.txt)
- [Market source pages](https://walletfollow.ai/markets)

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