FAQ
Q1. What does HyperSignals help traders do?
A1. The platform helps traders:
· Track top trader moves
· Monitor whale positions
· Analyze comprehensive trader profiles
· Copy elite strategies (with enhanced features coming soon)
Q2. What is HyperScore?
A2. HyperScore is HyperSignals' proprietary 7-factor algorithm that provides a 360-degree evaluation of trader performance over the last 90 days. Unlike simple P&L rankings, HyperScore considers consistency, risk management, and trading efficiency.
Q3. What are the eligibility requirements for HyperScore?
A3.Not every trader receives a HyperScore. To ensure data quality and meaningful analysis, traders must meet both criteria:
· $100K+ Volume over the last 90 days (trailing) – Sufficient trading activity for statistical significance
· $100+ Account Value – Minimum capital threshold for meaningful analysis
Q4. What are the 7 factors in the HyperScore algorithm?
A4.The HyperScore evaluates traders across these seven factors:
1. Realized P&L – Actual cash taken vs paper gains
2. Unrealized P&L – Paper profit before closing position
3. Active Trading Days – Consistency (eliminates lucky streaks)
4. Profit Factor – Realized profits vs. realized losses
5. Efficiency – Realized P&L / Volume processed
6. Sharpe Ratio – Risk-adjusted return over volatility (New)
7. Max Drawdown – Largest portfolio drop from peak (New)
Q5. How do I interpret HyperScore ratings?
A5.HyperScore interpretation follows these rankings:
· 9+ Score = Approx Top 0.1% of all traders (~50 traders)
· 8+ Score = Approx Top 2% of all traders (~1000 traders)
· 7+ Score = Approx Top 6% of all traders (~3000 traders)
· Higher scores = Better overall trader performance
The recent addition of Sharpe ratio and Maximum Drawdown provides better insight into trading consistency and risk management capabilities.
Q6. Is copy trading available on HyperSignals?
A6.Yes, copy trading is currently live on HyperSignals. The platform features copy trading with built-in failsafes, risk controls, and execution protections that others lack.
Q7. How does the Smart Filter work for copy trading?
A7.The Smart Filter is HyperSignals' proprietary trader-to-user matching system that solves the biggest problem in copy trading: helping users choose the right traders for their specific profile and needs.
Q8. What types of traders can I copy?
A8.You can copy pre-validated traders who have:
· Millions in realised profits
· High HyperScore rankings based on the 7-factor algorithm
· Met the eligibility criteria ($100K+ volume over 90 days, $100+ account value)
Q9. How often is trader data updated?
A9.The refresh cadence varies based on trader performance:
For Everything Except HyperScore and Associated Metrics:
· Near Real-Time (for every single trader on Hyperliquid)
For HyperScore and Associated Metrics:
· HyperScore ≥ 7: Near Real-Time
· HyperScore < 7: Every 24h
· No HyperScore (wallet < $100K volume in trailing 90 d): Analytics disabled – positions still stream, score badge hidden
Q10. What does the Whale Moves Feed track?
A10.The Whale Moves Feed tracks any active position ≥ $5M on Hyperliquid, updated in real time.
Q11. How does the Whale Moves Feed work?
A11.The workflow is:
1. Scan all 500K+ traders
2. Filter for all open positions ≥ $5M (bluechips) and ≥ $1M (altcoins)
How frequently is the Whale Moves Feed updated?
The Whale Moves Feed is updated in real time as positions change.
Q12. Do I need to create an account or complete KYC?
A12. No, HyperSignals operates on a self-custody model with no accounts and no KYC required. You trade straight from your wallet.
Q13. How do I start copy trading?
A13. With copy trading live on the platform, you can:
1. Browse pre-validated traders ranked by HyperScore
2. Use the Smart Filter to match traders to your profile or Quick Filters based on your preference or Custom Filters for advanced trader filtration
3. Start copying traders with built-in safeguards and risk controls
Q14. How secure is the HyperSignals platform?
A14. Security is paramount for HyperSignals, featuring:
· Self-custody model where you maintain control of your funds
· Battle-tested infrastructure
· Enterprise-grade security from day one
· No accounts or KYC requirements
Q15. What is the Smart Filter system?
A15. The Smart Filter is HyperSignals' proprietary trader-to-user matching system that solves the biggest problem: helping users choose the right traders for their profile.
Q16. Can I see historical performance data?
A16. Yes, the Trader Details Page includes both performance charts with various timeframes and a historical trades tab showing the full ledger of closed trades.
Q17. How many traders does HyperSignals track?
A17. The platform indexes the entire Hyperliquid orderbook, tracking 500,000+ traders, though only ~50K typically meet the criteria for HyperScore evaluation.
Q18. Can I copy multiple traders at once?
A18. Copy trading is live with advanced config settings. The ability to copy multiple traders (upto 20) simultaneously will go live in Sep’2025.
Q19. What can I trade on HyperSignals?
A19. Since HyperSignals is built on Hyperliquid, you can trade the assets and instruments available on the Hyperliquid platform.
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