Strike Finance Copy Trading Generates $13.6M in Three Weeks

Strike launched global copy trading to let users mirror selected Hyperliquid traders through its own infrastructure. During the initial rollout, the feature moved from approximately $400,000 in weekly volume to more than $13.6 million within three weeks.

Strike Surpasses 5,600 Unique Traders

Strike reported 5,600 unique traders across the wider platform. The figure does not represent the number of copy trading users, which the protocol has not disclosed.

Copy trading volume reached approximately $400,000 by August 27 and passed $1 million several days later. By September 11, the cumulative figure had risen above $13.6 million.

Strike has not provided a breakdown showing how the volume is distributed among individual strategies or supported blockchain networks.

Copy Trading Mirrors Hyperliquid Strategies

The feature allows users to select leading Hyperliquid traders and automatically reproduce their positions through Strike. Users allocate capital to a chosen strategy instead of manually following each market entry and exit.

Hyperliquid supplies the trading activity being monitored, while Strike provides the interface and execution environment. The integration expands Strike beyond manual perpetual futures trading by adding external strategies as another route into the platform.

Copied positions retain the market exposure of the original strategy, including leverage, changes in position value and liquidation risk.

Copy Trading Adds a New Source of Strike Volume

Strike V2 previously surpassed $400 million in cumulative trading volume, approached $100,000 in protocol revenue and began processing more than 13,000 transactions per day. Copy trading now contributes a separately measured stream of activity within those wider results.

Strike V1 launched as Cardano’s first perpetual futures platform. V2 uses a dedicated execution layer for order matching, position updates and liquidations, while asset custody and settlement remain connected to contracts across supported networks. Users can access the platform through Cardano, Ethereum and Solana wallets.

Protocol revenue is distributed to users who stake STRIKE, linking additional trading activity with the platform’s fee model. However, Strike has not disclosed how much revenue copy trading has generated or what share of its volume entered through an ADA wallet.

The first three weeks establish copy trading as a measurable distribution channel for Strike V2. A network level breakdown would define Cardano’s contribution to that growth.