Terms of service

What HyperCopy does, what the API wallet is allowed to do, what we do not promise, and how to stop at any time.

Last updated 8 November 202613 sections

Agreement

These terms govern your use of HyperCopy ("the service", "we", "us"). By connecting a wallet, signing in, or approving an API wallet, you accept them. If you do not accept them, do not use the service.

Read the risk disclosure before copying anyone. It is part of these terms and describes consequences these terms do not repeat.

What the service does

HyperCopy mirrors a Hyperliquid trader's perpetual futures positions into your own Hyperliquid account, scaled to your balance and bounded by risk limits you set. It compares that trader's portfolio to yours and places orders for the difference.

We are a software tool for executing your own instruction to copy a specific account. We are not a broker, exchange, custodian, adviser, fund or asset manager. We do not hold, pool, manage or invest your funds. Your funds remain in your Hyperliquid account at all times, and all trading occurs on Hyperliquid, subject to Hyperliquid's own terms.

Spot markets are not copied. Perpetual futures only.

Eligibility

You may use the service only if all of the following are true.

You are at least 18 years old and have capacity to enter this agreement.
Trading leveraged perpetual futures is lawful for you where you live, and you are not barred from using Hyperliquid.
You are not subject to sanctions, and you are not acting for anyone who is.
You are using your own wallet and your own funds.

We may restrict or decline access, including by geography, at our discretion. Determining whether you may lawfully use the service is your responsibility, not ours.

The API wallet

To trade for you, the service needs a Hyperliquid API wallet that you approve with a signature. We generate the keypair, keep the private key encrypted at rest, and never disclose it. You approve it on Hyperliquid; we treat it as usable only once Hyperliquid itself reports the approval.

The API wallet can place orders, cancel orders and set leverage on your Hyperliquid account.

The API wallet cannot withdraw, transfer or move your funds anywhere. Hyperliquid enforces this restriction, not us.

You may revoke the API wallet on Hyperliquid at any time, directly, without our involvement or cooperation. Copying stops when you do. Revocation does not close your open positions; closing those is your responsibility.

Your responsibilities

Securing your wallet, its keys and its recovery material. We cannot recover a wallet and cannot reverse anything done with one.
Choosing who to copy, and on what settings. Allocation, leverage ceiling, position caps, market filters and slippage budget are yours to set and yours to live with.
Maintaining enough margin, and monitoring your own positions and liquidation risk.
Your own taxes, reporting and regulatory obligations.
Reviewing the trade log. It records every order planned, sent, filled, rejected or skipped, and it is the authoritative record of what was done on your behalf.

What we do not promise

The service is provided "as is" and "as available", without warranties of any kind, whether express or implied, including any implied warranty of merchantability, fitness for a particular purpose, or non-infringement.

We specifically do not promise any of the following.

That copying will be profitable, or will match the performance of the trader copied.
That orders will be placed, filled, filled at a particular price, or filled at all.
That the service will be uninterrupted, timely, error-free, or available at any given moment.
That your positions will track the trader you copy within any particular tolerance or latency.
That leaderboard data, trader statistics or displayed prices are accurate, current or complete. They derive from third-party data we do not control.

Availability, suspension and the halt switch

We may modify, suspend, limit or discontinue the service, in whole or in part, at any time, with or without notice. We may suspend or terminate your access if we believe you have breached these terms or that doing so is necessary to protect users or comply with law.

We can halt all trading at any time, without notice, and will do so if we believe the engine is misbehaving or users are at risk. While halted, no orders are placed for anyone. Your existing positions remain open and stop tracking the trader you copy. This is a safety control, and we would rather use it than let a malfunction keep trading.

Fees

Hyperliquid charges its own trading fees and funding on every order placed for you. Those are not ours and we do not rebate them.

We may route your orders with a builder code that charges a fee on routed volume. Such a fee requires your separate, explicit approval on Hyperliquid, is capped by Hyperliquid, and will be disclosed to you before you approve it. Without that approval your orders still route; they simply earn us nothing. We may introduce or change fees prospectively, with notice, and never retroactively.

Tokens are not the service

Any token associated with, named after, or promoting HyperCopy is not an investment in HyperCopy. It is not equity, not a security offered by us, not a share of revenue, and not a claim on the service, its assets or its earnings. It confers no ownership, no governance right, no dividend, no profit share and no entitlement of any kind.

Holding such a token grants no access to the service, no priority, no discount and no feature. The service works identically whether you hold one or not.

We do not undertake to support, maintain, buy, sell, redeem or create a market in any token, and we make no representation about any token's price, liquidity or future. Tokens of this kind are highly volatile and frequently go to zero. Anything you do with one is at your own risk and entirely separate from your use of this service.

Limitation of liability

To the maximum extent permitted by law, we are not liable for trading losses, liquidations, missed or unfilled orders, slippage, delays, downtime, data inaccuracy, the conduct of any trader you copy, or any indirect, incidental, special, consequential, exemplary or punitive damages, or any loss of profits, revenue, data or goodwill, however caused and on any theory of liability.

Where liability cannot lawfully be excluded, our total aggregate liability to you is limited to the greater of the fees we actually received from your use of the service in the three months preceding the claim, or one hundred United States dollars.

Some jurisdictions do not allow the exclusion of certain warranties or the limitation of certain damages. Where that is so, the exclusions and limits above apply to the fullest extent permitted, and nothing here limits liability for fraud, fraudulent misrepresentation, or anything else that cannot lawfully be limited.

Things you must not do

Interfere with, overload, probe or circumvent the service, its rate limits or its access controls.
Use the service to manipulate a market, or to defraud or front-run anyone.
Use another person's wallet without authority, or impersonate anyone.
Scrape, resell or redistribute the service or its data other than as the service intentionally permits.
Use the service for money laundering, sanctions evasion or any unlawful purpose.

Changes to these terms

We may update these terms. The date at the top of this page records the last change. Material changes will be signposted in the product where practical. Continuing to use the service after a change means you accept the revised terms; if you do not, stop using the service and revoke the API wallet.

Ending it

You can stop at any time: pause or stop your subscriptions, revoke the API wallet on Hyperliquid, and close any open positions. Revoking the API wallet is the decisive step and needs nothing from us.

On termination, the parts of these terms that should survive do: the disclaimers, the limitation of liability, and anything concerning conduct before termination.