Bonded copy trading
Monad · Perpl
A mandate-enforced
approach to risk
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
- 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)
- 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
- 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
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%