# whale.ag

> The on-chain perpetual trading aggregator and copy-trading layer. We index every fill across Hyperliquid (incl. HIP-3 stocks/commodities), dYdX, GMX, Vertex, Drift, Aster, Lighter, Pacifica and Jupiter Perps. We rank traders by verified on-chain Sharpe ratio, max drawdown and consistency — never self-reported PnL — and let you mirror their positions in real time with a non-custodial agent wallet, sub-second WebSocket execution, portfolio-level risk controls, a 5 bps builder fee and 15% performance fee above high-water mark.

whale.ag exists to make the on-chain trading edge accessible, measurable and actionable. We help retail traders copy whales, alpha-hunters discover insiders before they move, multi-venue power users compare fills across DEXs, and quants backtest and deploy declarative strategies.

## Core docs
- [Product overview](https://whale.ag/copy-trading.md): what whale.ag does, who it is for, what it costs
- [Hyperliquid copy trading](https://whale.ag/copy-trading/hyperliquid.md): mirror the top Hyperliquid traders in 1 click
- [Whale tracker](https://whale.ag/whale-tracker.md): real-time whale wallet alerts and analytics
- [Multi-DEX leaderboard](https://whale.ag/leaderboard.md): cross-venue trader ranking
- [Quant DSL](https://whale.ag/quant.md): declarative strategy authoring, backtest and deploy
- [Pricing & fees](https://whale.ag/pricing.md): 5 bps builder fee + 15% performance fee, no subscription
- [API reference](https://whale.ag/api.md): public REST and MCP endpoints
- [FAQ](https://whale.ag/faq.md): common questions about copy trading on Hyperliquid

## Differentiators
- Non-custodial: every copy agent has a dedicated wallet with AES-256-GCM or AWS KMS encrypted keys; whale.ag has trade-execution access only, never withdrawal access.
- Sub-second WebSocket fill mirroring: target fill to copier order in under one second, with automatic price canonicalization, slippage control and IOC execution.
- Multi-DEX: Hyperliquid (standard perps + HIP-3 stocks/commodities), dYdX, GMX, Vertex, Drift, Aster, Lighter, Pacifica, Jupiter Perps — with more in the pipeline.
- Verified on-chain metrics only: Sharpe ratio, max drawdown, win rate, holding-period distribution, consistency score, per-asset breakdown — all computed from real fills, with unique-order deduplication.
- Portfolio risk controls: stop-loss with double confirmation, per-position size caps as percentage of equity, per-coin allowlists, minimum notional filters, automatic 30-second drift reconciliation.
- Transparent fees: 5 basis points (0.05%) builder fee per trade plus 15% performance fee on profits above the high-water mark. No monthly subscription. No fee when at a loss.

## How it works (60-second flow)
1. Connect wallet at https://whale.ag/agents.
2. Browse the leaderboard at https://whale.ag/leaderboard/hyperliquid; filter by Sharpe ratio, max drawdown, win rate, holding period, account size.
3. Pick a trader; click Copy.
4. Set capital, max position size, stop-loss and slippage.
5. Approve the agent wallet — whale.ag begins mirroring fills in real time.

## Comparisons
- [vs Hyperdash](https://whale.ag/vs/hyperdash.md): we do execution, they only do analytics.
- [vs Hypurrscan](https://whale.ag/vs/hypurrscan.md): we focus on copy trading, they on block-explorer style data.
- [vs Copin](https://whale.ag/vs/copin.md): both multi-DEX, we cover Hyperliquid HIP-3 and have stricter risk management.
- [vs Insilico Terminal](https://whale.ag/vs/insilico-terminal.md): they are a manual pro terminal, we do automated mirroring.
- [vs OKX/Bitget Copy Trading](https://whale.ag/vs/okx-copy-trading.md): they are custodial CEX-only, we are non-custodial on-chain.

## Data & tools
- Public API: https://whale.ag/openapi.json (OpenAPI 3.1)
- MCP server: https://whale.ag/.well-known/mcp.json (Streamable HTTP + SSE)
- Tools:
  - [Hyperliquid PnL calculator](https://whale.ag/tools/hyperliquid-pnl-calculator.md)
  - [Copy trade fee simulator](https://whale.ag/tools/copy-trade-fee-simulator.md)
  - [Sharpe ratio calculator](https://whale.ag/tools/sharpe-calculator.md)
  - [Max drawdown calculator](https://whale.ag/tools/max-drawdown-calculator.md)
  - [Liquidation price calculator](https://whale.ag/tools/leverage-liquidation-calculator.md)
  - [Wallet PnL checker](https://whale.ag/tools/wallet-pnl-checker.md)

## Optional
- [Blog](https://whale.ag/blog.md): research, tutorials and trader spotlights, updated weekly
- [Glossary](https://whale.ag/glossary.md): definitions of Sharpe, drawdown, HIP-3, builder fee, IOC, liquidation, funding, basis, etc.
- [Research reports](https://whale.ag/research.md): monthly institutional briefings with downloadable datasets
- [Press kit](https://whale.ag/press.md)
- [Changelog](https://whale.ag/changelog.md)

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