Copying and countering

Copying an algo means your exchange account takes the same positions it does, sized to your account. Countering means taking the opposite positions.

Find an algo.

The Algos page lists every live algo with its track record. Open one to see how it has done, what it is holding right now, and the ticket on the right. Not sure how to read the numbers? See track records.

Choose your side and size.

Copy or Counter Follow the algo, or take the opposite side of every position.

Allocation The share of your account that backs this algo. It never leaves your account.

Leverage How large the positions can get compared to the allocation.

Max position size The most this algo can hold at once: allocation × leverage.

Example. Your account holds $2,500. You copy at 10% allocation and 2× leverage.

Backing the algo	$250
Most it can hold	$500
The algo goes half long on BTC	you hold $250 of BTC long
Had you chosen Counter	you hold $250 of BTC short

Confirm it.

Press the button at the bottom of the ticket. Your account starts following the algo within about a minute, and from then on it opens and closes positions on its own whenever the algo does.

Follow it from your Portfolio.

Your Portfolio shows your account value, profit and loss, and every algo you hold.

AdjustOpens the ticket again to change size or side.

StopCloses that algo's positions and stops following it.

Stop all algosCloses everything on this exchange.

Holding several algos.

Hold as many as you like. Before anything is traded, PnL adds up what they all want. If one wants 1.0 BTC long and another 0.6 BTC short, your account simply holds 0.4 BTC long, and you only pay fees on that.

Hyperliquid and Lighter are kept apart: each exchange account has its own set of algos. Switch between them with the exchange picker at the top of the app.

Limits that protect you.

Three settings at the bottom of the Portfolio apply to the whole account.

SizingFixed, the default, sizes your positions on your equity when you set the allocation: gains don't grow them, losses shrink them, so your returns add up like the algo's record. A deposit counts once you save the allocation again or switch modes; a withdrawal counts at once. Compound resizes to your current equity every minute.

Liquidation bufferKeeps room between you and liquidation by lowering your leverage limit. It never closes anything.

Drawdown stopCloses all algos on this exchange if your account falls 10%, 20% or 30% from its high. Off by default.

Use a separate account.

While connected, PnL manages the whole exchange account: orders you place yourself are cancelled, and positions are brought back in line with your algos. Keep your own trading in another account.

New positions use cross margin where the market supports it. A market that requires isolated margin reserves its own collateral instead. Both kinds can exist in the same exchange account; existing isolated positions stay isolated until closed.

Isolated collateral cannot back your other markets, so it can reduce the size of the portfolio your balance can support. PnL manages those margin settings; they do not multiply the position size you chose in the ticket. If collateral or a venue confirmation is unavailable, increases wait while reductions and exits remain available.

Your account must use supported USDC collateral. Hyperliquid portfolio margin isn’t supported; the ticket tells you if an account setting is in the way.