Copy trading
Non-custodial copy trading, explained
Copy trading lets a user mirror another trader while keeping funds in their own account. The important distinction is custody: Otomate is designed around delegated execution, not custody of user funds.
Key takeaways
- Custody and withdrawal permissions matter more than a “decentralized” label.
- Delegated execution still carries venue, contract, leverage, and strategy risk.
- Review drawdown, exposure, sample size, and exit controls before copying.
How the flow works
A user connects a wallet, chooses a trader or basket, sets allocation and limits, then signs a delegation that allows supported trade execution within the selected account.
The source trader opens or closes positions. Otomate reads that activity and prepares proportional actions for the user account according to the configured limits.
What non-custodial means
Non-custodial means the user remains in control of assets and keys. The app can prepare or submit supported actions, but it should not be able to withdraw funds outside the signed permissions.
Users should still review venue risk, smart contract risk, leverage risk, and the quality of the copied strategy.
What to evaluate before copying
Useful metrics include sample size, drawdown, risk level, open exposure, average leverage, hold time, and whether returns came from repeatable behavior or a one-off event.
Past performance is informational. It should never be treated as a guarantee of future results.
FAQ
Can copied trades lose money?
Yes. Copy trading carries market, leverage, execution, and strategy risk. A copied trader can lose money even after a strong historical period.
Can I stop copying?
Otomate is designed so users can stop copying and manage positions from the app, subject to protocol and venue availability.
Methodology
Reviewed against official product and protocol documentation. Product availability and specifications can change.
- Prioritize first-party product and protocol documentation over affiliate lists or performance claims.
- Compare custody, permissions, execution model, risk controls, and exit paths before feature breadth.
- Describe product architecture rather than rank expected returns. Historical performance is not a forecast.
Sources
- Nado overview — Nado
- Initial setup and agent wallets — HyperDash
Related guides
Next step
Continue in Otomate
Use these guides as research. Nothing on this page is financial advice, and historical market data does not guarantee future results.
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