Monitor

Monitor is a non-custodial copy-trading engine. It runs first on Hyperliquid HyperEVM and moves to Elysium when Elysium mainnet launches. A user connects a wallet, funds a smart account with HYPE on Elysium, picks a strategy, and the engine mirrors the simple buys and sells of the strategy's leader wallets. Every trade passes through GuardedSwap, a guard contract that enforces who receives the proceeds, which positions can be sold, how much a week of trading may lose and how fast the engine may act.

The engine never holds client funds. Client money stays in a smart account owned by the client's wallet; signed, narrowly scoped permissions allow trading, a capped network-gas refund and a performance fee, and withdrawals only to the owner's wallet.

Elysium is brand new. This document says plainly which risks are specific to a young Layer 2 and which parts of the product are still to be confirmed at mainnet launch.

Public chains publish every trade. Following a good trader by hand is slow, exposes you to tokens that cannot be sold back, and means being awake at the right second. The engine does the following for you, within limits you sign.

On Elysium the first leaders come from Hyperliquid: wallets that trade simply (plain buys and sells of a token, not complex leveraged positions) and whose results hold up in a time-split check. How a leader's behaviour carries over to Elysium is unproven, which is why the product starts as a preview and why no performance figure is shown.

The product has five layers with clear boundaries: Signal (what happens on the chain), Selection (which leaders are followed), Risk (whether an action is safe and sized), Execution (settling it) and Account (the client's smart account). Information flows left to right; the result of every action flows back.

The Account layer sits outside the reach of every other layer: nothing upstream holds the authority to move client funds anywhere except through the guard contract, or back to the owner.

Each client gets a dedicated smart account owned by the client's own wallet. Deposits (HYPE) go into that account and stay there.

To let the engine act, the client signs a small set of delegations. Each is enforced on chain and allows exactly one kind of action: swapping through GuardedSwap, approving tokens to GuardedSwap, a capped refund of network gas, a capped performance fee, and sending funds to the owner's wallet. There is no permission to send funds to an arbitrary address. A separate emergency-exit permission lets an operator key that is kept off every server sell positions for the native token, paid only to the client's account.

Which delegation framework contracts are available on Elysium at mainnet launch is not yet confirmed. If they are not deployed, the product will deploy its own and say so here.

Every trade passes through GuardedSwap, a contract that sits between the client account and the router. The engine's trading permission points at the gate and at nothing else. The gate decodes the route it is handed and enforces its own rules before funds move:

The gate limits damage; it does not remove risk. If the engine's trading key were compromised, the attacker could still trade badly inside the account, and the worst case is bounded by the loss budget and the hourly limits rather than by the size of the account.

Elysium deployment: 0x795f8ff1d458a168b78e3c37c028fb834d1146d5.

When a leader acts, the engine has a few seconds to respond. Elysium produces blocks every 100 ms, so detection is fast; settlement, pricing and the guard checks are the slower part. Every action passes the same guards, ordered from cheapest to most thorough. A failed guard skips the action and records why.

Exits follow the leader: when a leader sells part of a position, each following account sells the same share of its own position. When a position reaches a set multiple of its cost, the original stake is returned and the remainder continues to ride.

Which DEXes and routers the engine uses on Elysium at mainnet launch is not yet fixed and will be listed here.

The first strategy, Hyperliquid Traders, follows wallets selected from Hyperliquid activity: wallets whose spot buys and sells are simple enough to mirror, and whose results are consistent across separate periods rather than driven by one trade. The list is empty on this page until the research result is reviewed; no address is shown that has not been checked on the chain.

A leader is removed when its behaviour changes, for example when it starts selling into its followers. Leaders may also not have an Elysium presence; in that case the strategy mirrors them only where they actually trade on Elysium.

Lists are reviewed regularly. Past results of a leader on another venue are not a promise of results on Elysium.

No trading fee and no subscription. The fee is a share of new profit only: profit above the account's previous high-water mark, assessed when a result is realised (for example on withdrawal). In a flat or losing period the fee is zero.

Rate: 15% is carried over from the Base edition as a placeholder. The rate for Elysium, any per-strategy rates and any holder discount are an owner decision and are not final.

Network gas paid by the engine on the client's behalf in HYPE is repaid from the account up to a disclosed cap. Third-party costs (network fees, router and pool fees) are not set by us.

Following other wallets does not remove risk, and a new network adds its own. These risks are in addition to the general market risks in the Terms of Service.

Smart accounts and the contracts they use are software and may contain undiscovered faults. Clients should deposit only what they can afford to lose. The product is a preview and not live trading yet.

This document is for information only. It is not an offer of securities or investment advice, and it does not create any obligation on the part of The Monitor Bot. Features may change.

The product runs first on Hyperliquid HyperEVM (chain id 999, gas in HYPE). When Elysium mainnet launches, it moves to Elysium. This is a plan, not a promise of a date.

What stays the same: the contracts, the engine, the guard rules and the app. What changes: the chain configuration (chain id, RPC, explorer), the swap router and the contract addresses, which are set per network in one configuration file.

Delegations are tied to a chain. Everyone who wants to use the product on Elysium signs their permissions again on the new chain; nothing is carried over automatically, and positions on HyperEVM are not moved for you.

GuardedSwap needs a fresh deployment and review on each network. Elysium parameters that are not yet announced are shown as not yet known rather than guessed.