AI Traders
Paper mode
Available

Real market, zero risk

Every strategy goes through a mandatory 7-day paper period on real Hyperliquid ticks. See decision log, equity curve, final PnL — without capital, without emotion.

Why paper matters

Historical backtest is useful, but it doesn't reproduce two important things — your emotional reaction to real drawdown, and current micro-conditions of the market right now. Paper mode closes that gap: the strategy runs on current prices, current funding, current orderbook — but the size is virtual.

Over 7 days you see how the strategy behaves in the current market regime. Not the idealized 2023 conditions — today's, with all its quirks. That's real-world honesty.

What's inside

Real HL ticks

Not a simulation. Strategy gets actual prices, actual funding, actual orderbook from Hyperliquid. Only the size is virtual.

Full decision log

Every signal, every risk gate check, every order. Same as you'd see in live — without capital lock.

Equity curve in real time

Virtual account starts at $10K (configurable). Track the curve like in live.

Orderbook slippage

Slippage at your specified paper size is computed from the live orderbook. Not flat estimate.

Funding rate included

Every 8h window subtracts from virtual PnL. Same as live.

Paper vs backtest report

After 7 days — divergence from backtest, trade frequency vs expected, per-model Brier. You see how honestly models behave in the current regime.

How to use

01

Auto-enabled

Any new strategy (vault, bot, copy) starts in paper. Live transition is a separate button, minimum 7 days later.

02

Virtual capital

Default $10K per strategy. Configurable to match your planned live size.

03

Parameters can change

Want to experiment with different TP or leverage — change in paper, see effect in a day or two. Live config locks at launch.

04

After 7 days

Comparison: paper vs backtest, paper vs expected trade frequency. If paper underperforms backtest — that's a signal not to go live, but to investigate what changed in the market.

Paper FAQ

Does paper cost money?+
No. Available on every tier including free Explorer. It's part of the product, not a premium feature.
Can I skip paper and go live immediately?+
Only for strategies already paper-tested in your account. Every new strategy requires the 7-day paper. Hard guard, doesn't disable.
What if there were zero trades during 7 days of paper?+
Period extends until the first N trades (default N=10). A low-frequency strategy can stay in paper up to 30 days. The point — you actually see behavior, not "no signals = go live."
Can paper run short?+
Yes, paper mirrors full live functionality. Any direction, leverage, safety orders — all available.