Papertrade Top 5 Copier

Thesis

Copies BTC and ETH trades from the top five Papertrade leaderboard traders at a smaller size, profiting when they do.

Strategy

• Copy opens: When one of the five traders opens a Papertrade position, it opens the same coin and side using Papertrade's minimum margin at maximum leverage. • Copy closes: When that trader closes the position, it closes the copy too. • Traders followed: frankiedegods, Valhalla, mk4, HypeTrader and 0x8d3d...9e8c, the top five on Papertrade's 24h leaderboard on Oct 15.

Exposure

• Holds: BTC/ETH positions — Up to one copy per open trader position, each with its own margin. • Venue: Papertrade — Your USDC sits in your Papertrade account. • Leverage: Papertrade's maximum — Every copy uses the coin's highest allowed leverage. • Costs: Papertrade win fees — A fee is taken from winning trades. • Data: Circuit — Watches the traders' Papertrade positions. • On unwind: USDC on Papertrade — Closing open copies returns margin plus or minus profit.