BitMEX, one of the most secure exchanges, today announced the launch of Hyperliquid copy trading, allowing users to copy the best Hyperliquid perps traders. With this release, traders will be able to enjoy the best of both worlds, combining access to Hyperliquid’s best traders with the user experience and security of the BitMEX platform.
Hyperliquid Copy Trading is a significant extension of BitMEX’s existing Copy Trading functionality, allowing users to automatically replicate the trading strategies and positions of elite traders. This ensures access to the sharpest trader strategies without exposing you to potential DeFi risks. BitMEX Copy Trading is designed for effortless trading, allowing even inexperienced traders to follow the wisdom of profitable experts, saving them time.
HyperLiquid continues to be a dominant force in the decentralized perpetual exchange (PerpDEX) landscape, capturing over 60% of all open interest. It combines the functionality of futures contracts with the flexibility of spot trading, allowing traders to speculate on asset prices without an expiry date.
Users navigating to the BitMEX copy trading marketplace will see a Hyperliquid subtab. It displays a leaderboard of top Hyperliquid traders whose trades can be copied or reversed. The position will be automatically opened on BitMEX, replicating the strategy of the Hyperliquid trader in question. Each Hyperliquid trader is ranked by metrics such as P/L, drawdown, win rate, and AUM (assets under management), making it easy to identify top-performing traders.
BitMEX CEO Stefan Lutz said:
“BitMEX pioneered perpetual swaps and has since become the industry standard for futures trading. The launch of Hyperliquid Copy Trading completes that circle and brings BitMEX users an alpha version available on the world’s leading PerpDEX to integrate into their existing workflows.”
BitMEX’s copy trading marketplace can be used to copy up to five Hyperliquid traders simultaneously, allowing users to customize their preferred risk management settings, such as implementing take profit and stop loss. Automate your crypto derivatives trading and make more informed decisions by choosing a copy reader that fits your needs.
To celebrate this, BitMEX is offering a prize pool of 100,000 USDT to eligible users who trade copytrades on the platform. Additional educational resources and product guides are available on the BitMEX website and blog.
About BitMEX
BitMEX is the OG crypto derivatives exchange, providing professional crypto traders with a platform that meets their needs with low latency, deep crypto native, especially BTC liquidity and unparalleled reliability.
Since its founding, no cryptocurrencies have been lost to intrusions or hacks, and BitMEX users can trade with the peace of mind that their funds are safe and they have access to the products and tools they need to make money.
BitMEX was also one of the first exchanges to publish Proof of Reserves and Proof of Liabilities data on-chain. The exchange will continue to publish this data twice a week to ensure that customer funds are kept safe and segregated.
For more information, users can visit the BitMEX blog or www.bitmex.com and follow us on Discord, Telegram, and Twitter.
