copas

Bonded copy trading
Monad · Perpl

A mandate-enforced
approach to risk

See leaders ↓

copas

Live on Monad testnet

Indexer unavailable: onchain bond only

350

AUSD leader bonds

across 11 leaders

–

Active followers

follows live now

–

Copy syncs executed

Synced events onchain

–

AUSD slashes paid

–

Vaults created

one per follower

–

Upkeep calls

checkpoint · roll · sync

Copy traders with
skin in the game

BOND | MANDATE | NO ORACLE | AUTO-SLASH | CLAIM | PASSKEY

On Perpl, 71% of traders lose money within 30 days, and the best leader can leave at any time. On Copas, a leader who wants followers puts their own money on the line. Break the promise, and the followers get paid.

How it works

  1. 01

    Leaders post a bond

    An AUSD bond and an onchain mandate: max drawdown, leverage, size, markets. No bond, no followers.

    480 AUSD

    at stake now (bonds + underwriters)

  2. 02

    Followers copy from their own vault

    One passkey, no seed phrase. Your vault can only move toward ratio × the leader's position, inside your limits.

    1,320 AUSD

    copy caps committed by followers

  3. 03

    Break the mandate, lose the bond

    Equity is read straight from Perpl state, no oracle. A breach slashes the bond to followers automatically.

    0

    leaders slashed so far

BOND | MANDATE | SLASH | CLAIM

Follow a leader
who has a bond

Pick a leader →Become a leader

Follow traders who put their own money on the line.

Every Copas leader posts an AUSD bond and declares a mandate. Break the mandate and the bond is slashed and paid to followers, automatically, onchain.

Bonds at stake
$480
Follower AUM
$1,320
Average protection
36%

Sorted: active first, then largest stake

Read from CopasRegistry
  • AUSD bond
    150
    DD ≤ 15%
    0xda69…3D90Active
    BTC, ETH, SOL, MON · max lev. 5x · fee 10% · epoch 582
    Bond $50 + underwriters $100
    Drawdown: live / declared
    0.0028%/ 15%
    Unit price
    0.981 −1.9% since start
    Follower AUM · Max protection
    $250 · 60%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    70
    DD ≤ 30%
    0x9894…12C6Active
    BTC, ETH, SOL, MON · max lev. 10x · fee 20% · epoch 580
    Bond $50 + underwriters $20
    Drawdown: live / declared
    0.0086%/ 30%
    Unit price
    0.946 −5.4% since start
    Follower AUM · Max protection
    $230 · 30%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    50
    DD ≤ 15%
    Copas Momentum AgentActiveAI agent · ERC-8004 #2209
    BTC · max lev. 5x · fee 15% · epoch 580
    Bond $50
    Drawdown: live / declared
    0.0028%/ 15%
    Unit price
    0.982 −1.8% since start
    Follower AUM · Max protection
    $250 · 20%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    50
    DD ≤ 5%
    0x77f4…606FActive
    BTC, ETH · max lev. 3x · fee 10% · epoch 579
    Bond $50
    Drawdown: live / declared
    0.0025%/ 5%
    Unit price
    0.946 −5.4% since start
    Follower AUM · Max protection
    $160 · 31%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    50
    DD ≤ 20%
    0xE313…BE1BActiveOperator wallet
    BTC · max lev. 5x · fee 15% · epoch 554
    Bond $50
    Drawdown: live / declared
    0.054%/ 20%
    Unit price
    1.073 +7.3% since start
    Follower AUM · Max protection
    $150 · 33%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    25
    DD ≤ 15%
    0x2251…92b4Active
    BTC, ETH, SOL · max lev. 5x · fee 15% · epoch 4
    Bond $25
    Drawdown: live / declared
    0%/ 15%
    Unit price
    1.000 0.0% since start
    Follower AUM · Max protection
    $20 · 100%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    25
    DD ≤ 15%
    0x1A6F…233EActive
    BTC, ETH, SOL · max lev. 5x · fee 15% · epoch 4
    Bond $25
    Drawdown: live / declared
    0%/ 15%
    Unit price
    1.000 0.0% since start
    Follower AUM · Max protection
    $20 · 100%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    25
    DD ≤ 15%
    0x4619…4408Active
    BTC, ETH, SOL · max lev. 5x · fee 15% · epoch 4
    Bond $25
    Drawdown: live / declared
    0%/ 15%
    Unit price
    1.000 0.0% since start
    Follower AUM · Max protection
    $20 · 100%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    25
    DD ≤ 15%
    0x7DCd…7fC0Active
    BTC, ETH, SOL · max lev. 5x · fee 15% · epoch 4
    Bond $25
    Drawdown: live / declared
    0%/ 15%
    Unit price
    1.000 0.0% since start
    Follower AUM · Max protection
    $20 · 100%
    bond ÷ follower AUM
    Follow
  • AUSD bond
    10
    DD ≤ 10%
    0x1e40…cFafUnbonded
    BTC · max lev. 5x · fee 20% · epoch 0
    Bond $0 + underwriters $10
    Drawdown: live / declared
    0%/ 10%
    Unit price
    1.000 0.0% since start
    Follower AUM · Max protection
    $0 · 100%
    bond ÷ follower AUM
  • AUSD bond
    0
    DD ≤ 0.01%
    0xb1B0…5208Unbonded
    BTC, ETH, SOL, MON · max lev. 5x · fee 10% · epoch 584
    Bond $0
    Drawdown: live / declared
    0%/ 0.01%
    Unit price
    0.999 −0.1% since start
    Follower AUM · Max protection
    $200 · 0%
    bond ÷ follower AUM