What We Shipped

We have released two new analytics features designed to give you deeper insight into any trader on Hyperliquid before you decide to follow or copy them. Both features are accessible directly from the toolbar in the trader analysis view, so they integrate seamlessly into your existing workflow.

Positions Summary Popover — a visual breakdown of a trader's current open positions, showing total exposure, long versus short allocation, and portfolio concentration in a stacked bar chart.

Holding Time Distribution — a popover in the completed trades toolbar that categorizes how long a trader typically holds positions, instantly revealing whether they are a scalper, day trader, swing trader, or position trader.

These features address a gap that many of our users have pointed out: raw PnL numbers and win rates tell you how profitable a trader has been, but they do not tell you how they trade. Understanding the shape of someone's portfolio and the tempo of their trading is essential before you commit capital to copying them.

Positions Summary: See the Full Picture at a Glance

The Positions Summary popover appears when you click the new summary button in the positions toolbar. It renders a stacked bar chart that visualizes every open position the trader currently holds, scaled by notional size.

What It Shows

The popover displays three layers of information: total notional exposure across all positions, the long versus short split showing whether the trader is net directional or balanced, and the individual position breakdown where each bar segment represents a single position sized proportionally to the total.

You can instantly see whether a trader has 80% of their capital concentrated in a single BTC long or is running a diversified portfolio across ten assets. The difference matters enormously for your risk as a copier.

Why Portfolio Concentration Matters

One of the least discussed risks in copy trading is concentration. A trader with a stellar PnL curve might be running a strategy that works until it does not — loading up on a single conviction trade. If that trade goes wrong, the drawdown is catastrophic. By checking the positions summary before copying, you can identify this pattern and decide whether you are comfortable with it.

Consider two traders with identical 30-day returns of 45%. Trader A holds six positions across different assets, with the largest position representing 25% of total exposure. Trader B holds two positions, with 70% concentrated in a single leveraged ETH long. Both are profitable, but the risk profiles are fundamentally different. Trader A has diversified, market-neutral tendencies. Trader B is making a leveraged directional bet. The positions summary makes this distinction visible in seconds.

Assessing Long/Short Allocation

The long versus short breakdown is useful during trending markets. If you are looking for traders who perform in all conditions, you want someone who maintains positions on both sides. The summary view lets you check this instantly without scrolling through every position.

If you already hold significant long exposure, copying a trader who is 90% long adds correlated risk rather than diversification. The positions summary helps you build a copy portfolio where the traders you follow complement each other rather than overlap.

Holding Time Distribution: Know Their Tempo

The Holding Time Distribution popover lives in the completed trades toolbar. Hover over the button and it instantly shows a breakdown of the trader's historical holding times, categorized into four buckets:

Scalper (under 1 hour) — Rapid-fire trades capturing small price movements. High frequency, tight stops, minimal exposure to overnight risk.
Day Trader (1 hour to 24 hours) — Positions opened and closed within the same trading session. Moderate frequency, directional conviction within a single market cycle.
Swing Trader (1 day to 7 days) — Multi-day positions riding larger price moves. Lower frequency, wider stops, exposure to overnight gaps and funding costs.
Position Trader (over 7 days) — Long-duration positions based on macro conviction. Very low frequency, significant funding rate exposure, patience-dependent returns.

The distribution is shown as a percentage breakdown across these categories, so you can immediately see the dominant trading style and how consistent the trader is.

Why Holding Time Matters for Copy Trading

Holding time is one of the strongest signals for understanding what kind of trading experience you are signing up for when you copy someone. Here is why.

Frequency and execution risk. A scalper might execute 50 trades per day. Slippage accumulates across high-frequency strategies — even a few hundred milliseconds of delay per trade can erode returns when the edge is measured in basis points. If the distribution shows 80% of trades are under one hour, verify that your copy trading setup can handle the pace.

Funding rate exposure. On Hyperliquid, funding rates settle every hour. A trader holding a leveraged long for seven days pays or receives funding 168 times. At 0.01% per hour against the position, that is 1.68% in funding costs alone. The holding time distribution helps you anticipate this cost structure before it shows up in your PnL.

Drawdown characteristics. Scalpers tend to have shallow, frequent drawdowns that recover quickly. Position traders tend to have deeper, longer drawdowns requiring patience. If you check your portfolio every hour, copying a position trader whose trades spend days in the red before turning profitable will be uncomfortable — even if the end result is positive.

Lifestyle compatibility. Copying a scalper means your account is active around the clock with positions opening and closing constantly. If you prefer a quieter portfolio, the holding time distribution will steer you toward swing or position traders.

Classifying Traders Before You Copy

The holding time distribution turns what was previously a manual analysis — scrolling through dozens of trades, mentally noting durations — into an instant classification. You find five traders on the leaderboard with strong 30-day returns. Instead of diving deep into each one, you hover over the holding time button. Two are scalpers, two are swing traders, one is mixed. If you want a swing strategy, you immediately narrow your focus to three candidates, saving significant research time.

Practical Examples

Example 1: Building a Diversified Copy Portfolio

You want to copy three traders with different styles for diversification. Using the holding time distribution, you select one scalper, one swing trader, and one position trader. Then you check each trader's positions summary to verify they trade different assets. The scalper focuses on high-volume pairs like BTC and ETH. The swing trader prefers mid-cap altcoins. The position trader takes concentrated bets on macro setups. This combination gives you diversification across both timeframe and asset exposure.

Example 2: Avoiding Hidden Concentration Risk

You are evaluating a trader with a 60% win rate and smooth PnL curve. Before copying, the positions summary reveals 85% of their exposure is in a single SOL long. The holding time distribution shows 70% of trades last over seven days. The smooth curve is masking large, concentrated directional bets held through volatility. You might still copy them, but you would reduce your position ratio to account for the concentration risk.

Example 3: Matching Your Risk Tolerance

You cannot tolerate drawdowns beyond 5%. Using the holding time distribution, you filter for day traders who close positions within 24 hours, limiting overnight exposure. You then verify with the positions summary that they maintain moderate position sizes and reasonable diversification. Short holding times combined with diversified positions are most likely to produce the steady, controlled returns you need.

How to Access These Features

Both features are available now in the trader analysis view on HyperX.

Positions Summary: Navigate to any trader's profile and look for the summary button in the positions toolbar. Click it to open the stacked bar chart popover showing current portfolio allocation.

Holding Time Distribution: Navigate to the completed trades tab in the trader analysis view. The holding time button is in the toolbar. Hover over it to instantly see the distribution breakdown across scalper, day trader, swing trader, and position trader categories.

Both features work on any wallet — whether it is a trader from the leaderboard, someone from your watchlist, or any wallet address you search directly.

What Is Next

These features are part of a broader effort to make trader analysis on HyperX more visual and actionable. Visual summaries help you process information faster and make better decisions than raw tables alone. We are continuing to build analytics tools that surface the signals that matter most for copy trading decisions.

If you have feedback or ideas for what we should build next, reach out through our Telegram group or Discord server. Many features on our roadmap originated from user suggestions.