Home
News
Details

BitMEX Launches Hyperliquid Copy Trading Feature

iconBitcoin.com
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy
This is the logo of the coin.
BTC
$67,468.000.76%
AI summary iconSummary

expand icon
BitMEX has rolled out a copy trading feature that lets users mirror or reverse copy top Hyperliquid traders. Users can track up to five accounts with tools like stop loss and take profit to manage their risk-to-reward ratio. Hyperliquid holds over 60% of Perp DEX open interest. The feature blends decentralized innovation with BitMEX’s centralized infrastructure. Traders can use support and resistance levels to fine-tune copied strategies.

BitMEX has launched copy trading that enables users to replicate the strategies of top traders from Hyperliquid. Through a dedicated leaderboard, users can copy or reverse copy up to five traders with customizable risk controls.

Bridging Centralized Reliability with Perp DEX Innovation

BitMEX has announced the launch of Hyperliquid copy trading, a new feature that allows users to mirror the strategies of top traders on Hyperliquid, the leading decentralized perpetual exchange (Perp DEX). The integration expands BitMEX’s existing copy trading marketplace, giving users access to Hyperliquid’s elite performers while maintaining the safety and streamlined experience of BitMEX’s centralized platform.

According to a media statement, Hyperliquid dominates the Perp DEX sector, accounting for more than 60% of open interest. Its perpetual contracts combine the leverage of futures with the flexibility of spot trading, enabling speculation without expiry dates.

Read more:November Softens but Perp DEX Platforms Flex $1.13 Trillion in Onchain Derivatives Action

Therefore, by connecting Hyperliquid strategies to BitMEX, traders can benefit from decentralized innovation without direct exposure to decentralized finance ( DeFi) risks. A dedicated Hyperliquid tab showcases a leaderboard of top traders.

Users can copy or reverse copy trades, automatically executed on BitMEX. Up to five traders can be followed simultaneously, with customizable risk controls such as stop loss and take profit. BitMEX CEO Stephan Lutz highlighted the milestone:

“BitMEX pioneered the perpetual swap, now the industry standard for futures trading. Hyperliquid Copy Trading completes the circle, bringing the alpha of the world’s leading Perp DEX to BitMEX users and embedding it into their workflow.”

For newcomers, the feature offers a hands-off way to follow proven strategies. For professionals, it provides visibility and a new avenue to attract followers.

With this launch, BitMEX strengthens its position as a bridge between decentralized trading innovation and centralized reliability, reinforcing its role in the evolving crypto derivatives market.

FAQ ❓

  • What is Hyperliquid Copy Trading on BitMEX? It lets users mirror the strategies of top Hyperliquid traders directly on the BitMEX platform.
  • Why is Hyperliquid important in crypto markets? Hyperliquid dominates the Perp DEX sector with over 60% of open interest globally.
  • How can traders use the new feature? Users can copy or reverse copy up to five Hyperliquid traders with custom risk controls.
  • What makes this launch significant for BitMEX? It bridges decentralized trading innovation with BitMEX’s centralized safety and reliability.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.