In testing. The trading engine is not live; the console shows sample data and places no orders. Product features described here are planned.

Copy trades in your own Hyperliquid account

Choose a trader and set an allocation and risk limits. Helmsman is built to copy their perpetual-futures positions in your Hyperliquid account. Your funds stay there.

Open the app How it works

Helmsman fee: 0.03%
$3.00 per $10,000 traded. Hyperliquid fees are separate.
Approval ceiling: 0.05%
$5.00 per $10,000 at most. This ceiling is not an additional fee.

The trader you followStyle, main markets and leverage show hereFollowing

Allocation: Set by you
Per-market cap: Set by you
Leverage cap · isolated: Set by you
Stop following at this loss: Set by you

Raising any of these needs a new wallet signatureThe trading key cannot withdraw

The control in your console: pausing keeps positions; stopping cancels orders and closes this follow’s positions.

Diagram of the structure only; no real data.

How it works

Choose a traderListed by published rules from Hyperliquid’s public data, re-checked every day.
Set limits and signAllocation, per-market cap, leverage cap and a loss stop. Raising any of them needs a new wallet signature.
Mirrored in your accountScaled to your allocation and placed with isolated margin. Your funds stay in your own Hyperliquid account.

The permission you give

You approve a trading key that can place and cancel orders, but cannot withdraw or transfer funds. You can revoke it on Hyperliquid. Helmsman has no deposit address.

Position size follows your allocation

After you start following, suppose the trader opens a new 2 ETH position with an account value of $100,000. A $5,000 allocation gives you a target of 0.1 ETH before leverage and per-market position limits. Positions the trader opened before you started are skipped by default.

Each market uses isolated margin. You can lose all the margin allocated to that position. Your fills and fees will differ from the trader’s.

Pause or stop

Pause: Stop copying the trader’s position changes. Your positions remain open; risk limits can still reduce or close them.
Stop: Cancel open orders and close the positions managed for this trader at market. To restart, set up copying again.