> ## Documentation Index
> Fetch the complete documentation index at: https://docs.lancetrade.xyz/llms.txt
> Use this file to discover all available pages before exploring further.

# Follow wallets

> Get a message when a public Hyperliquid wallet opens or closes a position, and copy a trade only after you review it.

Every Hyperliquid wallet's positions are public. You can follow up to 10 wallets and get a message from your bot when one opens, adds to, reduces, flips or closes a position.

**Nothing is ever copied by itself.** Copy trade always opens a review that you confirm, even with one-tap trading on.

> [!NOTE]
>
> Wallet activity is for information only. It's not a recommendation, and a wallet's past trades say nothing about its next ones. Your community's owners can switch Following off for their bot.

## Follow a wallet

In the bot, tap **👁 Wallets** on Home (or send `/wallets`), then **➕ Follow wallet** and paste the address. Or send it directly: `/follow 0x…`, optionally followed by a name. The first time, the bot explains what following is and asks you to tap **I understand**.

In Lance Trade, open **Wallets** and tap **Follow wallet**.

Your community's owners may also list up to 5 wallets whose owners agreed to be listed. Those show as **Listed by** your community.

## Choose what you hear about

Open a wallet from **👁 Wallets** to change:

| Option | Choices |
| - | - |
| **Messages** | All changes, opens and closes only, or off |
| **Min size** | Any, $1K, $10K or \$100K: smaller changes don't message you |
| **🔕 Mute 8 h** | No messages from that wallet for 8 hours. **🔔 Unmute** ends it early. |
| **✏️ Name it** | A private name for the wallet, up to 24 characters. Only you see it. |

In **⚙️ Settings**, **🌙 Quiet hours** holds wallet messages overnight (for example 23:00 to 07:00), and **👁 Copy trades** has **🔔 Wallet activity** to switch all of them off.

When many changes come at once, the bot sends them together. A wallet that trades a lot gets one summary an hour for a while, instead of a message per change.

## What a message shows

**👁 Wallet activity** names the wallet and what changed, such as "Opened BTC long · 5x cross", with the size, price and time, and whether you hold a copy. Its buttons:

* **Copy trade**, for an open, an add or a flip;
* **Close my BTC position**, when the wallet reduced or closed a position you also hold;
* **📈 BTC**, to open the market, and **👁 Open wallet**.

In Lance Trade, a wallet's page shows its positions and activity, updated every 10 seconds.

## Copy a trade

Tap **Copy trade** on a message, or on the wallet's page in Lance Trade. You see a review before anything is placed:

* their price and the price now;
* the size, sized by your copy settings, with size chips to change it;
* the estimated liquidation price;
* the fee, including the bot fee (0.05% of the position size, illustrative until final fees are confirmed);
* your take profit and stop loss, if you use them.

Tap **✅ Confirm** to place it, or **Cancel**. You place every copy yourself, as your own trade, within your community's rules and your own limits.

| How old the change is | What happens |
| - | - |
| Up to 10 minutes | You review and confirm as usual. |
| 10 minutes to 24 hours | The review first shows how far the price has moved, or how long ago it was. You tap **review anyway** to go on. |
| Over 24 hours | It can't be copied. |

A copy below Hyperliquid's $10 minimum offers **Use $10\*\*.

## Copy trade settings

Tap **⚙️ Copy trade settings** on the Wallets screen, or **👁 Copy trades** in **⚙️ Settings**. In Lance Trade, it's under **Copy trade settings** in the Account sheet.

| Setting | Choices | Starts at |
| - | - | - |
| **Size** | A fixed amount, or 1%, 2%, 5% or 10% of your account | Your usual order size |
| **Max leverage** | Up to your community's cap | Your usual leverage |
| **Max price gap** | 0.5%, 1%, 2% or 5% from the wallet's price | 1% |
| **TP/SL** | Your own take profit and stop loss levels, or none | Yours |

To limit how many copies you can place a day, use **🪞 Max copy trades a day** in [Your limits](https://docs.lancetrade.xyz/account/stats-and-limits.md#your-limits).

> [!WARNING]
>
> Copying someone doesn't copy their results. Your entry price, size, leverage and fees differ from theirs, and you can lose all the money you put in.

**Risk warning.** Trading perpetual futures with leverage is high risk. Prices can move fast and you can lose all the money you put in. Lance is software: it does not give investment advice, manage money or trade on anyone's behalf. Trades are executed on Hyperliquid, a third-party exchange that is not affiliated with Lance. Lance is not available to persons in the United States, the United Kingdom and sanctioned countries. Nothing on this site is an offer or solicitation where it would be unlawful. [Full risk disclosure](https://docs.lancetrade.xyz/legal/risk-disclosure.md)


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