Read this like you expect to lose money.
Mirror exposes observed Hyperliquid wallets, not guaranteed skill. The product can fail, the venue can fail, and copied traders can fail harder than you expect. If any of this is unclear, stop here.
Last updated 2026-10-25
Anyone can copy any wallet.
You can paste any Hyperliquid wallet address into Mirror and start copying its trades. The owner of that wallet has not consented to being copied. They may be sophisticated, reckless, malicious, or simply lucky. Watchlist inclusion is observation, not endorsement.
Wallets can manipulate their own copiers.
A wallet you copy may open a position in a thin market, wait for copiers to push price in its favor, then exit into that move. Mirror does not prevent this pattern. Restrict copied assets if you only trust deeper markets.
Historical curves are not predictions.
A wallet up 200% over the last 90 days can lose 80% in the next 30. Survivorship bias is real. Do not confuse clean charts with durable skill without understanding the underlying strategy.
A copied wallet can disappear without notice.
The leader may stop trading, lose their device, or simply go inactive. You could remain in their last in-scope positions until an exit event occurs or you intervene yourself.
A hacked wallet can drag followers with it.
If a wallet is compromised, the attacker may execute destructive trades and your copy will mirror them. Mirror does not monitor copied wallets for compromise and cannot guarantee it will stop your copy in time.
Perpetuals can liquidate your account.
Hyperliquid perps use leverage. A relatively small adverse move at high leverage can wipe your position. Mirror exposes risk controls, but they are optional and user-configurable.
Our software can fail.
Mirrored orders are signed in your browser, so copying only runs while Mirror is open with your trading key available. Close the tab, lose connection, or let your device sleep and trades will be missed or delayed. Fills can also differ from the copied wallet's price. Mirror does not compensate for missed, delayed, or worse-priced trades.
Venue risk is outside our control.
Funds and positions live on Hyperliquid, not on Mirror. If the venue has an outage, exploit, or insolvency event, your capital remains exposed to that system-level risk.
You pay us whether your copy makes money or not.
Mirror charges a flat fee on the notional value of every order it places for you, on both the opening and the closing trade. Hyperliquid's own trading fees are separate. High-turnover leaders can create meaningful fee drag. See the fees page for the current rate and a worked example.
Mirror is software, not an advisor.
Nothing on the platform is financial advice. Watchlist inclusion, charts, rankings, and metrics are not recommendations. If you do not understand the risks on this page, do not use the product.