> ## Documentation Index
> Fetch the complete documentation index at: https://docs-d0.donutbrowser.ai/llms.txt
> Use this file to discover all available pages before exploring further.

# Tracking Smart Money on Hyperliquid

> Watch what consistently profitable Hyperliquid wallets are doing, get pinged when several of them move the same way at once, and decide whether to ride along.

## The Scenario

Hyperliquid settles every fill on-chain, so wallet behaviour is public. That's a real edge — you can see what profitable traders are actually doing rather than what anyone claims.

The problem is volume. Thousands of wallets, constant fills, and any single wallet's trade means very little. What means something is *resonance*: several independently profitable wallets taking the same side of the same market inside a short window. Your bot watches for that and stays quiet otherwise.

## Try It

* [Watch how smart money on Hyperliquid is positioning on SP500. Tell me if they resonate long](https://t.me/donut_d0_agent_bot?text=Watch%20how%20smart%20money%20on%20Hyperliquid%20is%20positioning%20on%20SP500.%20Tell%20me%20if%20they%20resonate%20long)
* [HYPE has been moving. Check the on-chain smart money signals — is it worth adding?](https://t.me/donut_d0_agent_bot?text=HYPE%20has%20been%20moving.%20Check%20the%20on-chain%20smart%20money%20signals%20%E2%80%94%20is%20it%20worth%20adding%3F)

## What You Get Back

### A monitor that waits, then fires

> **You:** Watch how smart money on Hyperliquid is positioning on the SP500 contract. If smart money resonates long, tell me.

> **Bot:** Smart-money consensus monitor set on HL — target: SP500<br />
> Monitoring: smart-money clusters (tiered by style)<br />
> Trigger: multiple smart-money buying in resonance within 1h<br />
> ⏳ Waiting for signal...

Two days later:

> **Bot:** 🍩 **SP500-USDC · 🟢 LONG** — smart-money consensus<br />
> 3 diversified-pro smart-money wallets went long the S\&P 500 contract within 1 hour, \$130.3K at \$7,291.60. Single-style cohort (Tier 3), 31 add events.
>
> * 3 smart-money wallets bought in resonance within 1h, \$130.3K, trigger \$7,291.60
> * 90d hit rate 69%, avg +3.65%
> * Current price \$7,241.20, \~0.7% below smart-money entry
> * Available balance \$210.43
>
> The signal doesn't carry its own SL/TP — it's a ride-along-smart-money idea.<br />
> Give me a size and leverage and I'll execute (up to 50x):<br />
> \[Test small] \[Go in] \[Ignore]

Note the last line. A consensus signal tells you what other people did; it does not come with a stop or a target, because those depend on your risk, not theirs. The bot won't invent them for you — you set size and leverage, and it executes.

### A watch-phase signal, with the wallets shown

Not every signal is an entry. When the bot is reporting rather than recommending, it says so:

> **Bot:** 🍩 **\$HYPE · Long**<br />
> Third trigger tonight: 2 style cohorts, 3 addresses went long in resonance within 1h, 26 events totaling \$143K.
>
> * Broad-coverage — 30d +\$39K (ROI +91%) · 1 coin held — `0x1e12…fa10`
> * Broad-coverage — 30d +\$38K (ROI +65%) · 2 coins held — `0x9f3e…f4f9`
> * Big-money — 30d −\$51K (ROI −12%) · account \$161K — `0x5cca…0c45`
>
> Smart-money avg cost \$62.09<br />
> Consensus window: 57min left<br />
> **Strategy watch-phase · not entry advice**<br />
> Source: HL userFills (Donut-computed)<br />
> ⚠️ This is data-driven analysis, not financial advice. Crypto is volatile — size responsibly.

Every wallet in the cluster is listed with its recent record, including the one that's down 12% on the month. You can open any of them on-chain and check the work yourself. A signal you can't audit isn't worth much.

<Warning>
  Hit rates, ROI figures, and wallet performance in these examples are sample output from a specific moment, shown to illustrate the format. They are not performance claims and not predictions. Wallets that were profitable over the last 30 days can lose over the next 30.
</Warning>

## When to Use

* **Markets you don't watch closely.** A monitor covers the contract while you're elsewhere.
* **Confirming your own thesis.** You already like the setup — check whether anyone with a record agrees.
* **Index and HIP-3 markets.** Equity-index perps on Hyperliquid are thinner and less watched than BTC or ETH, so consensus there is more informative.
* **After a sharp move.** Ask whether smart money added into it or sold it.

## Tips

* **Ask for direction, not just activity.** "Tell me if they resonate long" is a cleaner trigger than "watch this wallet."
* **Check the entry gap.** The reply tells you where price sits relative to smart money's average cost. Well above it means you'd be paying up for the same idea.
* **Mind the consensus window.** Resonance signals have a shelf life — the countdown is telling you how much of it is left.
* **Set your own stop.** Consensus signals arrive without one by design. Decide the invalidation level before you size.
* **Start small.** "Test small" exists for a reason.

## Related

* [Perpetual Futures](/features/perpetual-futures) — order types, leverage, and margin on perps
* [Perpetual Futures Trading](/use-cases/perps-trading) — the full manual perps workflow
* [Risk Controls](/features/risk-controls) — caps and guardrails before you ride along with anyone
* [Market Analysis](/features/market-analysis) — the on-chain and derivatives data behind these signals
