copas
AUSD bond
50
DD ≤ 5%

0x77f4…606F

Active
LeaderBook 0x77f406d2E4Da6CF74B11eF38D29ccC61A251606FOwner 0xa059a2B2440EeD3b1146FA260f91731d6a8FDB49

0x77f4…606F stakes $50 of their own. If the unit price falls more than 5% below the epoch peak, the bond is slashed and paid to followers.

Epoch summary

LeaderBook
0.9461
Unit price
−5.4% since start
0.9461
Epoch peak (HWM)
0%/ 5%
Drawdown live / declared
$160
AUM / capacity
56% of $284
31%
Max protection
stake ÷ AUM
0h
Epoch 579 ends in
length 1h

Unit price and epoch high-water mark

LeaderBook.Checkpoint
The indexer did not respond; the chart is built from indexed checkpoints.

Unit price = leader's Perpl equity ÷ units. Deposits and withdrawals mint/burn units, so they never move the price. HWM resets each epoch.

Mandate

checked every checkpoint
  • Max drawdown per epoch5%
    Now: 0%
  • Max leverage3x
    Now: 0.4x
  • Allowed marketsBTC, ETH
    Now: all inside mandate
  • Max notional$500
    Now: $42
  • Minimum bond$25
    Now: $50

10% performance fee above each follower's HWM, held in an escrow that is slashed on breach.

Leader positions

Perpl getPosition
MarketSideSizeEntryMarkLev.uPnL
BTCLong0.000483,373.276,040.62.3x−$3.62
ETHLong0.00502,553.22,247.62.4x−$1.76

AI risk analysis

AI explains, the contract enforces

Backtest: had you followed for the last 30 days

Replay of real Perpl fills

Strategy notes (encrypted)

CopasFeed · Mera PRF

Encrypted in the browser with an X25519 key from the same passkey (a second PRF salt). Only ciphertext goes onchain; only followers can open it, on any device.

No notes yet.

    Checkpoints and breaches

    LeaderBook.Checkpoint / Breached
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    Oracle check: Perpl mark vs Pyth / Chainlink / Supra

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