This guide explains how to use Merkle Protocol to engage in its core feature: Merkle Copy Trading. This walkthrough details the process on the Merkle on Base network.
Step 1: Onboarding with a Smart Wallet
First, navigate to the Merkle Protocol Official platform. The protocol uses a smart wallet system to deliver its Merkle CEX UX. You can sign up with a social login, which deploys a unique, Merkle non-custodial wallet that you control.
Step 2: Analyzing the Trader Leaderboard
The "Social Trading" hub features a transparent leaderboard of Merkle top traders. All performance metrics are pulled directly from on-chain data, ensuring they are verifiable and accurate. You can analyze metrics such as:
30-day PnL
Win Rate
Average Trade Size
Step 3: Initiating the Copy Trade
Select a trader from the leaderboard.
Click the "Copy" button.
Define your allocation for this copy strategy.
Confirm the transaction.
Your smart wallet is now programmed to automatically replicate the trades of your chosen trader. This is the heart of Merkle Social Trading.
Step 4: Tracking Performance and Rewards
Your performance is tracked in real-time on your dashboard. All your copy trading activity also earns you rewards in the Merkle Points Program. For a deeper look into the protocol's architecture, consult the Full Official Documentation.
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