# Perpex

> Hyperliquid copy tool. Copy trading is the main product. Official site: https://perpex.co

Copy trading facts from Copy Trading Index (October 2026), last verified 2026-10-27. Web page: https://copytradingindex.com/platforms/perpex/. Facts change often: check the platform's own terms before you use it. Not financial advice.

Perpex is a Hyperliquid trading app and trader-analytics site built around copy trading, on web, iOS and Android. It copies the wallets you choose onto your own Hyperliquid account, through an agent key that can't withdraw. You pay one fee, a 0.10% builder fee on filled orders, with no profit share.

**What stands out:** Perpex names its operating company, Celebit Ltd (England and Wales). Its fees page shows when each cost was last verified.

## Key facts

- **Type:** Hyperliquid copy tool
- **AI agents:** No: set up in the app, on the web or in Telegram — No public API; copying is set up in the app.
- **Copy trading:** Main product — Copy trading is the core: its app-store titles center on it. Perpex is also a Hyperliquid trading interface and analytics site. Grid and algo bots are planned per the site and Terms, though the Google Play text presents grid bots as a feature.
- **Status:** Active
- **Launched:** 2026-05
- **Operator:** Celebit Ltd, registered in England and Wales (company 17005693, incorporated 2026-02-02), Unit 501 Leroy House, 434-436 Essex Road, London N1 3FY
- **Where your funds sit:** Your own account, through a trading key — Your collateral stays in your own Hyperliquid account. Copy orders are signed by a Hyperliquid agent key that can place orders but can't withdraw. Per the Terms, the key is created on your device or by Perpex, then stored encrypted on its backend to sign trades.
- **Who can move your funds?:** Trading key only: you alone can withdraw
- **Sign-up:** Web3 wallet, Email
- **Identity check (KYC):** KYC not published — Unclear. The Terms describe no identity check, but the FAQ answer on KYC only says setup 'depends on the chosen flow'. You sign in with a wallet, an email or a social login.
- **Execution:** Automatic
- **Fees:** 0.1% per order — A 0.10% builder fee on eligible filled notional, the same on your own and copied orders. It applies to both sides of perp trades and the sell side of spot trades, capped by the rate you approve. Hyperliquid trading fees and funding are extra. No profit share or performance fee on copy trading; the builder fee is the only Perpex fee. The Terms allow paid features or premium tiers later. Hyperliquid doesn't credit deposits under 5 USDC and charges a withdrawal fee. Proportional trades under Hyperliquid's $10 minimum are skipped.
- **Subscription plans:** None
- **Minimum deposit:** Not published
- **Where trades run:** Hyperliquid
- **What you can copy:** Crypto perps
- **Tokenized assets:** Unknown — Unclear. Google Play says the app trades stocks, commodities and indices on Hyperliquid, such as TSLA, GOLD and the S&P 500. The Terms say copying depends on market and account-mode eligibility. No page says stock perps are copied.
- **Apps:** Web, iOS, Android
- **Risk controls:** Pause on max loss, Leverage cap, Size modes
- **How you find traders:** leaderboard, score, paste address
- **Traders you can copy at once:** Not published
- **Not available in:** KP, IR, SY, CU, UA-43 and 4 more — Barred where use is unlawful and in places under comprehensive OFAC, UK HMT, EU or UN sanctions. Examples: North Korea, Iran, Syria, Cuba, Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia. The United States is not listed. Terms v2.0, April 2026.
- **Languages:** en, tr
- **Token:** None

## Key features

- Leaderboard of Hyperliquid wallets: score, 30-day ROI and PnL, volume, win rate and risk
- Copy any wallet address you paste, not only leaderboard wallets
- Proportional, fixed amount per trade or fixed ratio sizing, with a max leverage
- Option to also copy the trader's open positions
- Total Stop Loss and Take Profit per copy, in % or USD, that stop copying when reached
- When you stop a copy, keep copied positions open or close them all
- Public trader pages with PnL, ROI, volume, trade count and a drawdown band
- Trading terminal with scale, TWAP and TP/SL orders on web, iOS and Android

## Pros

- Collateral stays in your Hyperliquid account; the agent key can't withdraw
- One fee: 0.10% builder fee on eligible fills, no profit share on copies
- Proportional, fixed-amount or fixed-ratio sizing, with a max leverage
- A copy stops when total loss or profit hits a set % or USD amount
- iOS and Android apps, plus the web app

## Cons

- The 0.10% fee hits both sides of every copied perp fill, plus Hyperliquid fees
- Agent keys may be created or stored, encrypted, on the Perpex backend
- No page says whether stock and commodity perps are copied, though you can trade them
- Google Play presents grid bots as available; the site and Terms say planned
- The maximum number of copied traders isn't published

## Good fit for

- Hyperliquid users who want to copy a wallet from their own account, on web or mobile
- Users who want one per-order fee and no profit share

## Not a fit for

- Users who need a documented stop-loss per copied position
- Users who need written proof that stock or commodity perps are copied

## Public numbers

DefiLlama (data to 2026-10-26): $291 of fees over 30 days and $870 since 2026-03-14. Google Play: 500+ downloads (listing updated 2026-07-24; checked 2026-10-27); App Store: 2 ratings (2026-10-27).

## Questions About Perpex

### Is Perpex custodial?

No. Your collateral stays in your own Hyperliquid account. Copy orders use an agent key that can place orders but can't withdraw; Perpex may store it encrypted to sign trades.

### How much does Perpex cost?

One fee: a 0.10% builder fee on eligible filled notional, on your own and copied orders. There's no profit share on copy trading and no subscription. Hyperliquid trading fees and funding are extra.

### Does Perpex require KYC?

Unclear. The Terms describe no identity check, but the FAQ only says setup depends on the chosen flow. You sign in with a wallet, an email or a social login.

### Can Perpex copy tokenized stocks?

Unclear. Google Play says the app trades stock, commodity and index perps on Hyperliquid, but no Perpex page says copied positions include them. Copying depends on market eligibility.

### Where is Perpex available?

It's barred where use is unlawful and in sanctioned places, such as North Korea, Iran, Syria, Cuba, Crimea, Donetsk, Luhansk, Kherson and Zaporizhzhia. The United States is not listed.

### Can an AI agent use Perpex?

No. Perpex has no public API, and copying is set up in the app.

## Appears in

- [Platforms Where Copy Trading Is the Main Product](https://copytradingindex.com/lists/main-product/)
- [Non-Custodial Copy Trading Platforms](https://copytradingindex.com/lists/non-custodial/)
- [Hyperliquid Copy Trading Tools That Keep Funds on Your Own Account](https://copytradingindex.com/lists/hyperliquid-own-account/)
- [Copy Trading Platforms That Pause Copying After a Loss](https://copytradingindex.com/lists/loss-pause/)

## Sources

1. [Perpex: Hyperliquid Copy Trading & Trader Analytics (home page and FAQ)](https://perpex.co), read 2026-10-27
2. [Hyperliquid copy trading fees and costs | Perpex](https://perpex.co/fees), read 2026-10-09
3. [About Perpex | Perpex](https://perpex.co/about), read 2026-10-09
4. [How to copy trade on Hyperliquid with Perpex | Perpex](https://perpex.co/copy-trading-guide), read 2026-10-14
5. [Hyperliquid Copy Trading | Perpex (leaderboard)](https://perpex.co/copy-trading), read 2026-10-09
6. [Perpex trader page incl. copy form interface text (Total Stop Loss, Take Profit, Max Leverage, copy modes)](https://perpex.co/copy-trading/0x57d8e75f473cd6346495c9b6760a580018e840e6), read 2026-10-09
7. [Perpex Terms of Service (Celebit Ltd), effective April 2026, version 2.0](https://perpex.co/terms), published 2026-04, read 2026-10-14
8. [Perpex Risk Disclosure](https://perpex.co/risk-disclosure), published 2026-04, read 2026-10-09
9. [Documentation | Perpex](https://perpex.co/docs), read 2026-10-14
10. [Download the App | Perpex](https://perpex.co/download), read 2026-10-09
11. [Perpex: Crypto & Copy Trade - App Store (seller Celebit Ltd)](https://apps.apple.com/us/app/perpex/id6761027014), read 2026-10-27
12. [Perpex: Hyperliquid Copy Trade - Google Play (Celebit Ltd, updated 2026-07-24; 500+ downloads; lists grid bots and stock, commodity, index perps)](https://play.google.com/store/apps/details?id=com.celebit.perpex&hl=en_US), read 2026-10-27
13. [Companies House search: CELEBIT LTD, 17005693, incorporated 2 February 2026](https://find-and-update.company-information.service.gov.uk/search/companies?q=CELEBIT+LTD), read 2026-10-09
14. [DefiLlama fees API - Perpex ($291 over 30 days, $870 all-time, data to 2026-10-26)](https://api.llama.fi/summary/fees/perpex?dataType=dailyFees), read 2026-10-27

Status check: Active. The site was online on October 27, 2026. The iOS app first came out on May 14, 2026 (version 1.3.0 on August 5). The Android app was updated on July 24, 2026.

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